mortgage criteria the house is through the examination?

Object itself object of examination

As for examination of housing loan this person who is borrowed of course becomes the object of housing loan examination concerning the object which is purchased.After from this, the object which is purchased deciding examination, it becomes.Whether or not you can borrow, before the purchasing, it is possible to examine, but as for that to the last only concerning the earnings aspect and the like.There are also times when you cannot borrow depending upon the object which it purchases.

As for condition of the object, the fact that it is something where this person lives is principle.When it has dealt with of housing loan concerning the second house and the residence where the family resides, it is, but it is limited to the financial institution of part.In addition, it cannot utilize in purchase just of the land.With construction and the like of the order residence, first when it purchases from the land, constructing the residence which resides on that land in condition, borrowing the housing loan is possible.

In addition, mainly, mortgage assessed amount, relations of rights, it is not contrary to legal regulation, or and so on becomes the object of examination.

Mortgage assessed amount standard of the amount when it sells

When housing loan is borrowed, the financial institution sets mortgage to the land and the building which become the object.should, if the repayment is stuck is, bank (surety company or) is executing the mortgage, is to recover the funds by the target to dispose of land and buildings.

evaluation and collateral, why sell at that amount in about this much in such cases, financial institutions on the assessment will determine. usually, amount available for borrowing is, although it is up to this collateral valuation, in the case of mortgage refinancing, by the ability to repay the principal is the amount of collateral valuation2~3there is also a financial institution that you are borrowing can also be times. guideline of the appraised value of collateral for each property type is as follows:.

distribution of newly built properties
new construction and condominium, ready-built house, such as new construction, will most likely be that the collateral valuation and purchase price. from this, of purchase price100%you can borrow up to the amount of.
if the construction of a building
typically, you are collateral valuation the value of the contract construction. from this, construction costs100%up to the amount of borrowing can be.
used house
will most likely be that the collateral valuation and purchase price. but, in detached, if it is an earlier building, may also be only the amount of land evaluation, if the appraised value is lower than the purchase price, you may also borrow the full amount can not be.

it should be noted, flat35about, you can borrow is, purchase price or value of construction90%has become to.

right relationship, about laws and regulations following page in.

term leasehold interest or leasehold interest is also difficult to borrow

property and collateral, that this is his principle to borrowing is owned by. as an exception, cases are possible, such as:.

couples and parent-child shared, family-owned land
i bought a couple and parent-child shared by, borrowing only to husband, there is also a child only if that. in such a case, joint owners are not borrowing, collateral as a provider, must be agreed to take out a mortgage, guarantor will usually. also, although commonly seen some cases that the building construction on the land of the parent child, also in this case, be set out a mortgage on land owned by the parent, borrowing requirement will be.

term leasehold interest and leasehold
with the case of leasehold housing, on the land and that the mortgage can not be set, from collateral valuation is low, handling is not, some financial institutions have been and quotations, borrowing is more difficult in general. let’s talk to financial institutions individually. also, term leasehold interest with houses, borrowing would be difficult. but, in the case of a new condominium, there are usually affiliated loan, it is also possible borrowing.

the case of reserved land
if you choose to purchase the land pending a land readjustment project, by financial institutions may not handling. also in this case, let’s consult individually. borrowing will be relatively easy to partner with financial institutions if the cooperative land readjustment.

buildings and building-code violation, property in urbanization control area is difficult to borrow

financial institutions, if the repayment was overdue, you may dispose of collateral such as auction. is also important that it is easy to dispose of property, considered a violation of those laws and regulations, and difficult to be sold, borrowing that will be difficult.

or do not conflict with the building standards law
buildings, must be those that conform to the building standards law. received confirmation that the construction, that after receipt of a certificate of inspection is a requirement. used in residential, even when the building complies with the building standards law, by subsequent legislation, some of the current law has become impossible to conform. it is said to be ineligible for existing, property also like this, borrowing will be so severely, care must be taken.

not conflict with the law urban planning
urbanization control area is, urbanization in the area should be suppressed, you can not build a building housing the general principles, such as. but, certain buildings and housing of agriculture, forestry and fisheries it is possible to building, in fact, some people buy a house in urbanization control area. but, by financial institutions, the land subject to mortgage limited to urban areas there is also place where and, loans for properties in urbanization control area is, makes it difficult to.

it should be noted, flat35in, to conform to the technical standards that housing finance agency has set up for, such as durability of the housing requirement has become, entitles the certificate of conformity is required.

it should be noted that in anticipation of refinancing? following page in.

new at the time of purchase even if you can borrow, refinancing is also difficult

up to previous page, we’ve looked at criteria of the property for the mortgage loans, in the case of new subdivision, sales companies in partnership with financial institutions in advance, you have a loan from alliance, they may be relatively easy to borrow.

term leasehold interest with or apartment, property in urbanization control area, such as is relevant. these, purchase, when you try to karikaeyo, financial institutions who handle less, can be seen that the case can not be refinanced. if you purchase a property in such, future, so it does not have to rely on the refinancing, select the original loan, it is important to do more carefully.

in addition to the repayment capacity of the person borrowing, items are also checked for properties such as over, a comprehensive examination will be made. without any preparation for what, the house suddenly begin to consider buying, in unexpected places, there is also a debt that can not be. first, how can their own borrowing, was examined on whether it is reasonable enough about how much borrowing, will find more efficient to the property while checking the standard of the property.