In this regard, customers can only learn from the bank the reasons for the rejection of mortgage loans, and then take corresponding measures to solve the problem. For example, if a loan is refused because of poor personal credit, the customer can only suspend the application first and seize the time to improve the credit. Real estate developers can't help customers repair their credit.
When reiterating, customers can actually increase the chances of loan approval by increasing the down payment and finding someone to guarantee, and they can choose to apply for another bank.
What we need to pay attention to is that if refusing mortgage is a real estate developer's problem, it can only be solved by the developer. Moreover, the documents are incomplete, the problem cannot be solved, and the mortgage may not be done. In this regard, customers are advised to consult the developer to check out and repay.
What is the impact of slow mortgage lending?
If the mortgage loan is slow, it may affect the delivery of subsequent houses. If the real estate developer fails to receive the house payment, some disputes may arise.
In addition, there will be no adverse effects. In the case of slow mortgage lending, customers can't manually operate fast lending, so they can only wait patiently.
Of course, you can rest assured that as long as the mortgage is approved successfully, the customer successfully signs a loan contract with the bank and completes the mortgage formalities, the bank will generally lend money.
However, in order to avoid unnecessary disputes with real estate developers, if the bank lending is slow, it is best for customers to make clear the situation with the developers in advance and the two sides will negotiate well.
Sometimes, when the bank loan takes longer than the approved time, it may be necessary to conduct a second audit. In order to make the loan smooth, customers need to pay attention to maintaining good personal credit.
In fact, the mortgage process is complicated, so it takes a long time, about two or three months, and sometimes it will be delayed. Customers can contact the bank at any time to consult the progress.