With the introduction of more and more stringent housing purchase policies, many young people who are working hard are experiencing difficulties in buying a house because of restrictions on their hukou. Today, I will tell you about the four levels and processes of buying a house in a different place to help you cope with the difficulty of buying a house in another place.
Loans to buy a house in another place must pass four levels
1. Comply with the purchase policy
Off-site loans to buy a house must first understand the local housing loan policy, such as one or two years of tax records or social security payment records. Different cities have different requirements, and those who decide to choose a loan from another place must make adequate preparations in advance. Because once there are restrictions on buying a house, those policy requirements that are introduced are time-limited for one or two years and cannot be resolved in a short while.
2. Credit checks and income have been assessed
No matter where you apply for a home purchase loan, stable work, income, and good credit are important criteria for bank approval.
For buyers of loans from other places, these assessments should be more stringent. At the same time, it will also consider whether the value of your house is consistent with its ability to repay principal and interest, and fully reduce the bank's capital risk.
3. Purchase information is ready