The down payment for buying a house cannot be paid with a credit card. The relevant departments are very strict in supervising the funds for buying a house. If you use a credit card to pay the down payment, it will be found out during the mortgage loan process. If there is If you have a large amount of credit card debt, your mortgage loan will be rejected, so you cannot use your credit card to pay the down payment when buying a house.

What do you need to prepare to buy a house with a loan

1. The documents to be prepared include the ID card of the homeowner who applies for a loan to buy a house, the original and copy of the household registration book, and a single certificate if you are single. , if you are married and have a spouse, you need a marriage certificate and the spouse’s ID card. You should also prepare the original house purchase agreement signed by the developer or the original real estate certificate, because the principle of buying a house with a loan is to pledge the real estate certificate to the bank.

2. The bills prepared include proof of income and relevant asset certificates of the loan applicant or spouse, such as income certificates issued by the unit, bank deposit certificates, half-year bank statements, and bank deposit receipts for the first payment. Or a copy of the receipt or invoice for the down payment issued by the real estate development enterprise.

3. Other materials prepared must be provided according to the needs of the bank. In addition to the above basic materials and certificates, different banks will also have different regulations. Before submitting an application for a loan to buy a house to the bank, you should ask detailed questions in case of emergency.

What is the process of buying a house with a loan

1. To buy a house with a loan, you must first go to the lending bank to apply for a loan. At this time, you need to bring a copy of the house purchase contract and the developer’s house sales license. Documents such as documents, ID cards, housing provident fund savings cards, and private seals, as well as the materials required by the bank, such as work certificates from the unit, bank statements, etc., must be submitted to the real estate credit department to apply for a housing loan.

2. After submitting a loan application to the bank, the bank will assess whether it meets the loan conditions based on the information provided by the applicant and the actual condition of the house. The loan contract and mortgage contract can be signed after the receiving bank has reviewed the borrower's application. But it’s worth noting that if there are stains on your credit report, the bank’s review will basically not pass.

3. After signing the contract, you can go to the property rights department to handle the loan guarantee procedures. After the lender goes to the property rights department to complete the mortgage or pledge procedures, together with the loan contract, mortgage contract (pledge contract), and other items of the house The loan information such as warrants and mortgage rights certificates must be submitted to the lending bank for house insurance procedures, etc.

4. After completing the mortgage procedures, you need to sign a repayment agreement with the bank. Usually, the repayment is done by debiting the savings card. Everyone with the loan can choose the corresponding repayment period, so that The bank calculates the monthly repayment amount, then processes the repayment withholding on the savings card, signs a withholding agreement with the lending bank, and waits for the bank to transfer the money.