How to add name to house loan
Adding your name to the real estate certificate is a common need for many families or couples to buy a house together, especially if the loan has not been paid off. This topic has sparked widespread discussion on social media and real estate forums recently. This article will combine the hot topics and hot content on the Internet in the past 10 days to provide you with a detailed analysis of how to add a name to a loan house, and provide a structured data reference.
1. Common situations in which the name is added to the loan house
Adding a name to a property with an unpaid loan involves multiple processes including legal, bank and property registration. The following are three common situations:
| situation | Description | Operation difficulty |
|---|---|---|
| Couple's name | If you repay the loan jointly after marriage, you need to add the name of your spouse | Medium (subject to bank approval) |
| Relatives add names | Parents or children join as co-owners | Higher (partial repayment may be required) |
| Adding names to non-relatives | Friends or partners join as co-owners | High (loan needs to be re-evaluated) |
2. The specific process of adding your name to a house loan
According to the latest policies of real estate trading centers in various places, the following steps need to be followed when adding your name to a house loan:
| steps | Operation content | Materials required |
|---|---|---|
| 1. Bank agrees | Apply to the lending bank to change the mortgagor | ID card, real estate certificate, loan contract |
| 2. Notarization | Sign the name addition agreement and notarize it | ID cards, household registers, and marriage certificates of both parties |
| 3. Pay taxes and fees | Pay deed tax and other fees | Appraisal report, original purchase invoice |
| 4. Change of property rights | Real estate transaction center handles change registration | Notarial certificate, tax payment certificate, bank consent letter |
3. Answers to recent hot questions
According to the May user consultation data of a well-known real estate platform, the following high-frequency issues were sorted out:
| question | Answer | Relevant basis |
|---|---|---|
| Can I add another name to a provident fund loan? | It requires approval from the Provident Fund Management Center and usually requires the loan to be paid off first. | "Housing Provident Fund Management Regulations" |
| What is the ratio of names added to properties before marriage after marriage? | The default is 50% each, and the proportion can be agreed upon through agreement. | Article 1065 of the Civil Code |
| How is the fee for adding a name calculated? | Pay deed tax (1%-3%) + production cost based on share | Local tax bureau standards |
4. Precautions
1.Lending bank policies vary widely: State-owned banks usually require repayment for more than one year before accepting applications for name addition, and some joint-stock banks can handle it directly.
2.Tax costs may exceed expectations: Recently, many places have adjusted their property assessment standards. Adding a name to a second home may result in a deed tax of 3%.
3.Legal validity issues: New jurisprudence in 2023 shows that if a name is added to the property before marriage after marriage, it may not be divided equally in the event of divorce, and it needs to be determined based on the capital contribution.
5. Expert advice
Real estate lawyer Li Ming (pseudonym) proposed in a recent live broadcast:
"It is recommended that you do three things before adding a name on a loan: 1) Check the restrictive clauses in the loan contract; 2) Calculate the tax cost when transferring in the future; 3) Sign a written agreement to clarify the proportion of property rights. For adding a name during marriage, many courts will now consider the duration of the marriage, loan repayment contribution and other factors to determine the share."
6. Alternatives
If the bank rejects the name addition application, you can consider the following alternatives:
| Plan | Advantages | Disadvantages |
|---|---|---|
| Sign property agreement | No need to change property rights, low cost | No property rights effect |
| Partial repayment in advance | Reduce loan balance for easy operation | Need working capital |
| Remortgage | Co-owners can be reset | Complex procedures and high fees |
In summary, obtaining a name loan for a house requires a comprehensive assessment of legal risks, financial costs and personal needs. It is recommended to consult with professional lawyers and lending banks before applying to choose the method that best suits your situation.
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