What are the reasons why the loan to buy a house was rejected?
Reason 1, the house is too old.
Banks also have requirements for the age of the houses they buy when approving loans, generally 20-25 years, a few banks will require 30 years, and the stricter one is only 15 years. It can be said that the shorter the house age, the easier it is to get a loan, and the amount is higher than the older one.
Reason 2: Have a bad credit record.
A, credit card overdue repayment left a bad record
Credit card overdue repayment, especially if it is not paid carefully or forgotten, even if the amount is small, will leave a bad record in the bank.
B. There are too many inquiries about personal credit report.
If you are repeatedly inquired about credit card approval, guarantee qualification review and loan approval within a period of time, it will also increase the risk of loan refusal.
C, mobile phone, gas, water and electricity for a long time without electricity.
If mobile phones, water, electricity and gas are in arrears for a long time, they will be regarded as people with low willingness to repay by banks, thus leaving a bad record and affecting loan applications.
D, serious traffic dishonesty
Being sentenced for a traffic accident, failing to fulfill the obligation to repay the road traffic accident aid, or having too many subway packages will be regarded as serious traffic dishonesty by banks, which will affect the loan pass rate.
Reason three. People who are too old to borrow money.
Usually, banks stipulate that applicants are 18-65 years old, among which 25-40 years old is the most popular group, followed by 18-25 years old and 40-50 years old, while people aged 50-65 are generally not allowed to apply for housing loans. Because the older the lender is, the greater the chance of health problems, which will affect the repayment of the loan, so the higher the risk the bank will bear.
Reason four. The nature of work belongs to high-risk industries.
Banks will divide borrowers into quality customers and non-quality customers, among which occupation is an important reference to distinguish between excellent and non-excellent. For example, civil servants, employees of Fortune 500 companies and employees of large state-owned enterprises are all high-quality customers of banks and are very popular with banks. While sales, hotel HEKTV and other service personnel, special police, firefighters and other occupations, banks are not very popular, and the loan success rate will be much lower. Some banks even refused to accept applications altogether.
Reason five. The loan information is incomplete and untrue.
The hard condition for the success of the loan is that the information provided by the borrower must be complete. At the same time, some property buyers are worried that because of low income and low loan amount, they want to submit false information. Note that this may put you on the blacklist.