1. Increase the amount of down payment for house purchase, reduce the amount of loan application, prepare all the information, and then apply for a loan from the bank.

2. Different banks have different regulations on loan conditions. If you are rejected for a loan in one bank, you can try another bank.

3. If the bank still disagrees, you can find a guarantee company to provide guarantee before applying for a loan. If you submit materials through a professional loan intermediary, the loan threshold will often be lowered, and the number of loan approvals may also increase. probability.

What are the reasons for mortgage rejection

1. Malicious overdue payment

If the borrower usually has the habit of using credit cards, then he needs to pay attention to it. There are many overdue situations, such as individuals not understanding the bank's repayment date regulations, staff not clearly informing them of the repayment date, etc. If the borrower fails to repay the loan on time after applying for a student loan during college, it will also be counted as overdue. inside the situation. If the cardholder intentionally overdrafts within the time limit and limit for the purpose of illegal possession and refuses to return the card after being called by the card-issuing bank, it is considered an overdue act in bad faith.

2. Records of credit reports being queried many times

I don’t know if everyone knows that personal credit reports cannot be queried frequently. If the borrower’s credit report is queried within a period of time, 3 or 4 times or more, but it shows that no new loan or credit card application has been obtained, it may mean that "I have applied for loans or credit cards from many banks but failed". Such information may be detrimental to obtaining new loans or applying for credit cards. Influence.

3. Guarantee huge debts for others

If the borrower plans to take out a loan to buy a house, it is best not to guarantee huge debts for others. When guaranteeing for others, you should also It depends on your own ability. It must not exceed your own ability, and you cannot use your own real estate and other daily necessities as collateral. It is best to write it as a "general guarantee" in the contract, otherwise, you may bring yourself a huge debt.

4. The income does not meet the requirements of the loan bank

When the bank reviews the borrower's information, it will evaluate the borrower's income. The bank will require proof of income. Usually the income is related to The relationship between mortgages can be expressed by the following formula: monthly income = monthly mortgage payments Got turned away by the bank.

5. The borrower is too old

Banks also have strict regulations on the age of borrowers. Generally speaking, banks stipulate that borrowers should be between 18 and 65 years old. , but housing loan applications for people between the ages of 50 and 65 are generally not approved. Because the older the borrower is, the greater the probability of health problems, which will affect loan repayment, and the higher the risk the bank takes.