Whether you need a guarantor to buy a house with an unmarried loan depends on the financial ability of the lender. For example, banks have good running water, good credit information and strong repayment ability. In this case, no guarantor is needed. The repayment ability of the lender does not meet the requirements of the bank. At this time, the bank may ask the lender to find someone to guarantee. Therefore, as long as the lender's economic strength is good enough and there is no need for a guarantor, it is also possible to apply for a mortgage in the case of being single.

What if you are not married and have no guarantor?

1. Increase the down payment ratio according to the bank's approval requirements;

2. Provide as many assets as possible, such as cars, deposits, bank running water, etc.;

3. Tell developers to find more suitable banks. For example, some banks may have an age limit, and a guarantor must be added under the age of 22, and some banks have more relaxed policies;

4. Increase the loan term, so that the monthly payment will be relatively low, which is conducive to loan approval;

5. Proof of income should be provided to large enterprises as far as possible, so that the approver can feel that the applicant's income is stable and the future is better.

What should I pay attention to as a mortgage guarantor?

It is risky to guarantee for others, so what problems should the mortgage guarantor pay attention to? The specific risks are as follows:

1. If the borrower fails to repay the loan, the guarantor shall bear the repayment responsibility.

Before committing to be a guarantor, you must think clearly, because if you sign the money and debt guarantee, you will be personally responsible for paying off the debts to the lending institution. Even if the relationship between the guarantor and the debtor changes, for example, the husband guarantees his wife to apply for a house loan, and eventually they divorce, the guarantee will not be affected by the dissolution of the marriage relationship, and it will still be valid.

In other words, once the guarantor signs as a guarantor, he will always become a guarantor unless the borrower is approved by the lending institution to cancel the guarantor qualification.

2. If the borrower fails to repay the loan, the credit of the guarantor may be affected.

Under normal circumstances, the borrower repays the loan by himself, and the guarantor need not worry, but the loan amount and monthly payment borrowed by the borrower will generally be displayed in the credit record of the guarantor. When the guarantor needs to apply for any loan by himself, the debt he guarantees will be regarded as his own debt, and usually the lending institution will include it in the debt, which may affect the loan amount of the guarantor.

It should be noted that when acting as a guarantor, lending institutions often require the guarantor to sign an independent legal consultation document in a law firm or notary office. When signing this document, the guarantor can't sign in the same law firm of the borrower, but must find another lawyer to sign and testify, which proves that the legal responsibility of the guarantor has been explained to the guarantor, and the guarantor also understands that he has to bear the debt personally and voluntarily act as the guarantor without any pressure.