To apply for a mortgage loan, you do not have to pay off all other loans you have applied for before. As long as your personal credit is good, you have stable and legal economic income, and you have the ability to repay the principal and interest of the loan on time, then the mortgage loan is generally It can be done successfully.

It doesn’t matter if you still have an outstanding loan in your name, as long as the debt is not very high.

If there are many unpaid loans in your name and your personal debt ratio is high, in order to avoid affecting the approval of subsequent mortgage loans, it is recommended to pay off the loans in your name before applying for a mortgage loan or to apply for a mortgage first. Pay back part of it so as to reduce your personal debt ratio.

It is also important to note that if you have borrowed too much frequently recently, resulting in a long-term loan situation, or your credit score is too high, you may not be able to get a mortgage in a short time.

It is recommended to postpone the application and not apply for a new loan for at least three months (and you can use this period to repay the debts under your name), and wait until the credit situation is improved. Then try to apply for a mortgage.

In order to maintain a good credit record, we must also pay attention to our own online loan big data in a timely manner. You can click on "Xiao Qixin Check" to check your own online loan big data report. , to maintain good credit at all times.

Extended information:

What procedures need to be completed after the second-hand housing loan is paid off?

After the second-hand house loan is repaid, you need to go to the handling bank branch to complete the loan settlement procedures, have the other party issue a loan settlement certificate, and get back his other warrants.

Then you need to go to the local housing authority to go through the mortgage release procedures with proof of loan settlement, other rights certificates, personal ID cards, real estate certificates and other information.

The house does not truly belong until the mortgage is released.

If you purchased relevant insurance when applying for a mortgage, you still need to go to the insurance company to go through the surrender procedures.

You also need to note that there is no time limit for mortgage release, so you can apply for it at any time. Of course, it is recommended not to delay it for too long. It is best to do it immediately after paying off the mortgage to avoid time. Material will be lost as it grows.

If you don’t have time for the time being, you can also entrust others to help with the mortgage release procedures. Just go to the notary office to issue a power of attorney, then give the information to the other party, and then ask the other party to bring their own ID card and power of attorney are enough.