Current location - Loan Platform Complete Network - Bank loan - With my mother's house loan, the credit card has a bad record because several issues are overdue. Will this affect the loan?
With my mother's house loan, the credit card has a bad record because several issues are overdue. Will this affect the loan?
No, if the borrower is only your mother, the relevant object is your father. Your father needs to sign a written statement and someone needs to sign a power of attorney. If the loan cannot be repaid, the debt will become your parents' joint debt. If the bank applies to the court for auction, someone must give up exercising the right to the property.