If I have a commercial loan in my name, can I still get a loan to buy a house? Does it have any impact?

It has an impact. If you still have a commercial loan that has not been repaid and you want to take out a loan to buy a house, the bank will consider your repayment ability. If your income and bank flow are not enough, they will often not give you a second loan. Do online merchant loans have a big impact on home purchase loans? You need to understand these impacts

People who often use Alipay, I believe many of them have seen the loan entrance of online merchant loans. Online merchant loans often have interest-free benefits, and many people are accustomed to using online merchant loans to borrow money. But if you want to buy a house, will online merchant loans have a big impact on the house purchase loan? Will online business loans affect our credit report? Let’s find out together.

Do online business loans have a big impact on home purchase loans? Borrowing and repaying online merchant loans requires a credit report. If you frequently use online merchant loans, it will definitely have a great impact on your home purchase loan. Because of frequent borrowing, there will be many hard inquiry records on the credit report, indicating that the borrower is under great financial pressure, has tight funds, and constantly needs to borrow money. If you apply for a mortgage loan in this case, the bank will feel that the applicant does not have enough repayment ability and will reject the loan application. If you have an overdue record when using an online merchant loan, it will have a greater negative impact on applying for a mortgage loan, and it will be difficult to apply for a credit loan with a relatively high threshold.

Do I need to settle the online business loan in advance to apply for a housing loan? If the personal credit report is good, the bank will judge the borrower's repayment ability based on the mortgage applicant's income, financial resources and debt ratio. If the borrower's monthly income is high and the online merchant loan is not large, for example, the monthly income is 20,000, the monthly payment is only 5,000, and the online merchant loan is owed 30,000, in this case, there will be no impact if the online merchant loan is not settled. big. However, if the monthly income is low and the asset certificate is not enough, it is best to settle the online business loan in advance. You can also consider settling other online loans. Otherwise, the bank will directly refuse the loan considering the applicant's debt ratio. Before applying for a mortgage, you can print out your credit report to see if there are any overdue records in a row. There must not be any overdue records at the moment, and if there are, they must be dealt with in a timely manner. Online business loans have a certain impact on home purchase loans, but what is more important is our own repayment ability. When using online business loans, we must also repay on time and not have too many overdue records, otherwise the application for a home loan will be directly rejected. Does having a loan affect the loan to buy a house?

It has an impact. If a home buyer who has a loan still wants to buy a house through a bank loan, but the loan has not been repaid, the bank will have higher requirements on the repayment ability of the home buyer. Generally, to calculate whether the borrower's income is enough to repay the loan, multiply the lender's current loan amount by 2.5, which means you need to meet the income standard.

Mortgage application information

1. Valid ID card and household registration book of the borrower;

2. Proof of marital status. If you are unmarried, you need to provide a certificate of celibacy, If you are divorced, you need to provide a court civil mediation letter or divorce certificate (indicating that you have not remarried after the divorce);

3. If you are married, you need to provide your spouse’s valid ID card, household register and marriage certificate;

4. Proof of income of the borrower (certificate of salary income for six consecutive months or local tax certificate);

5. Property ownership certificate of the property;

6. Guarantor (required Provide ID card, household register, marriage certificate, etc.)

Note:

1. You must have collateral to get a loan, and the sum of the loan amount and interest during the loan period cannot exceed 1/2 of the assessed value of the mortgage;

2. Have a long-term and stable source of income sufficient to pay the monthly loan principal and interest;

3. Guarantor;

Loans require payment of attorney witness fees, mortgage registration fees, mortgage property insurance premiums, property appraisal fees, etc.

Generally, it takes about 1 month to get a loan

Procedural process

1. The borrower fills out the housing mortgage application form before taking the loan and submits the following supporting documents to the bank: Proof of the borrower's fixed economic income issued by the borrower's employer; credit certification documents such as the business license and legal person certificate of the loan guarantor; legally valid identity certificate of the borrower; relevant housing ownership certificates that comply with legal provisions or the person's right to control the housing Proofs; valuation reports, appraisals and insurance documents of the mortgaged property; contracts, agreements or other supporting documents for the purchase and construction of housing; other documents or materials required by the lending bank.

2. The bank will review the borrower’s loan application, house purchase contract, agreement and related materials.

3. The borrower will hand over the property ownership certificate and insurance policy or securities of the mortgaged property to the bank for collection.

4. The guarantors of both the borrower and the borrower sign a housing mortgage loan contract and have it notarized.

5. After the loan contract is signed and notarized, the bank's deposits and loans from the borrower will be transferred to the house selling unit or building unit specified in the house purchase contract or agreement by transfer.

6. Loan applicants make monthly repayments. Will a personal loan affect buying a house?

For life or work needs, many people have applied for a personal loan before buying a house. So will applying for a personal loan affect buying a house? 1. If you are buying a house with full payment, whether you have a loan in your name will not affect the purchase of the house; 2. If you are buying a house with a loan, having a loan in your name will affect the borrower's debt ratio. If the debt ratio is too high, the bank loan will be very difficult. Difficult to pass. In addition, if the loan under your name has a record of overdue repayment, it will also have an impact on the home loan. If the overdue amount is serious, the bank will directly refuse the loan.

What should you pay attention to when buying a house with a loan? 1. Prepare enough down payment, which should not be less than 30% of the total house payment. It must be paid with your own funds. You cannot use a loan or credit card to pay the down payment. , the bank will examine the source of the down payment. 2. Choose the appropriate repayment method. The monthly repayments for equal amounts of principal and interest are the same. For equal amounts of principal, the initial repayment amount is large, and then the repayments become smaller. Therefore, equal principal and interest are suitable for customers whose economic conditions do not allow excessive investment in early repayment and whose income is relatively stable; equal principal is suitable for customers who have a certain economic foundation and can bear the greater pressure of early repayment. 3. Calculate the loan amount, act within your ability, and do not exceed your affordability. The monthly mortgage payment cannot exceed 50% of income. 4. Understand the loan interest rate. Provident fund loans are subject to the central bank's benchmark loan interest rate. Commercial loans are priced based on LPR. After applying for a commercial loan, you can choose to implement a floating loan interest rate policy or a fixed interest rate based on the judgment of the future LPR trend. 5. If you apply for a provident fund loan, you must ensure that you have paid provident fund in full and on time for six months or more, and that you have no provident fund loan under your name or the loan has been paid off.

What issues should you pay attention to when buying a house? 1. When buying a house, pay special attention to the property rights of the house. Try to buy a house with a large property right, because a house with a large property right has a real estate certificate and is protected by law. Therefore, even if a dispute occurs in the future, you can use legal weapons to protect your legitimate rights and interests. 2. At the same time, you also need to check the quality of the house. There are many types of real estate being built nowadays. You must go to the site in person to see if there are any problems with the quality of the house. 3. In addition, you need to check the layout of the house. Houses with better orientation will sell faster and will be more comfortable to live in. 4. The geographical location of the house also needs to be paid more attention to. A house with a good location will have greater room for appreciation in the future, and it is also very good for investment. It will also sell better when sold in the future.