The main reason why bank credit loans can't buy a house is that the consumption channel of credit loans does not include buying a house. Any loan has its own special use place, such as car loan, which can only be used for car purchase; Decoration loans can only be used to purchase materials needed for house decoration; For example, personal housing loans can only be used to buy housing. Credit loans are mainly used for personal consumption. Borrowers can use it to eat, drink, travel and invest in themselves, but not to buy a house.

Can I buy a house with a credit loan?

Of course. As long as you meet the mortgage application conditions, you can borrow money to buy a house. Credit loans are mostly small loans, which will not greatly increase the personal debt ratio, so users can apply for a mortgage without paying off the small loans. Banks require users to pay off their small loans, and they can apply for a mortgage after the small loans are paid off.

Extended data:

Loan means that banks, credit cooperatives and other institutions lend money to units or individuals who use money, and generally agree on interest and repayment date. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

Mortgage, also called personal housing loan. Personal housing loan is a kind of consumer loan, which refers to the loan issued by the lender to the borrower for the purchase of ordinary housing for personal use. When a lender issues a personal housing loan, the borrower must provide a guarantee. If the borrower fails to repay the principal and interest of the loan at maturity, the lender has the right to dispose of its collateral or pledge according to law, or the guarantor shall be jointly and severally liable for repaying the principal and interest.

The loan object is a natural person with full capacity for civil conduct. The loan conditions are that urban residents use it to buy ordinary houses for their own use, have a house purchase contract or agreement, have the ability to repay the principal and interest, have good credit, and have a down payment of 30% of the funds needed for house purchase and a loan guarantee recognized by the bank.

Personal housing loans are limited to the purchase of self-occupied ordinary housing and urban residents' self-occupied housing, and may not be used to purchase luxury housing. Personal housing portfolio loan refers to a loan issued to the same borrower with housing provident fund deposits and credit funds for the purchase of self-occupied ordinary housing, which is a combination of personal housing entrusted loans and self-operated loans. In addition, there are housing savings loans and mortgage loans.

The borrower shall provide the lender with the following information: identity documents; Proof of stable income of the borrower's family; Letter of intent, agreement or other approval documents of the house purchase contract that meet the requirements; List of collateral or pledge, proof of ownership and proof that the person with the right to dispose of it agrees to mortgage or pledge; Certificate of collateral valuation issued by the competent department; The guarantor agrees to provide written guarantee documents and the guarantor's credit certificate; Five, to apply for housing provident fund loans, you need to hold a certificate issued by the housing provident fund management department; Other documents or materials required by the lender.

Can I buy a car or a house with a credit loan?

Yes, but it should be determined according to the individual's loan amount and the price of the house or vehicle he bought. Generally speaking, banks will provide high loans, but the loan amount may vary according to the credit status of individuals.