1. Why was the loan refused?
1, too much debt.
Too much debt means that the ratio of monthly expenditure to income of lenders is too high. If the ratio exceeds 70%, there is a great risk of rejection. If you want to reduce your debt, you must increase your income or reduce your monthly repayment expenses.
2. The income of the lender is unstable.
Many people's monthly income is paid in the form of cash, so it will not be reflected in the running water of the bank, and it is difficult to prove how much their income is and whether it is stable. However, a valid bank statement is an important proof that the borrower has a stable income. In view of this, Bian Xiao suggests that you deposit your income in the bank at a fixed time every month to let the lending institution know that this is your "salary" or stable monthly income.
3. There is something wrong with the lender's personal credit information or the materials submitted.
Problems with the information provided by the lender may also lead to the rejection of the loan, such as inaccurate submission of information, provision of false information, and poor personal credit reporting. The most common problem is credit investigation. If the bad personal credit record is caused by non-malice, you can negotiate with the bank or try to go to other banks, and the bank with loose requirements may approve the loan. However, if the overdue period is serious, for example, the credit card is overdue for three consecutive times, with a total of six times, and the amount is large, it is hopeless to apply for a loan.
Second, what should I do if the loan can't be done?
1, you can choose to try another bank.
In fact, each bank's lending policy is different. If applying for a loan in this bank fails, buyers can try a bank with loose loan policy, and may be able to get a loan successfully. Therefore, when the loan fails, buyers can try to change the bank loan.
2. Try a mortgage.
If the credit loan can't be done because of poor credit reporting, the lender can try to get a mortgage loan. Under normal circumstances, small loan companies or commercial banks will relax credit conditions and increase lending opportunities for high-value collateral (such as cars and houses).
3. Change to a younger house.
This situation will appear in second-hand houses. When buying a second-hand house, the bank may refuse the loan because the house is too old. If this happens, there is no better solution, and buyers can only choose another house that meets the requirements of the bank.
Don't be too sad if the buyer's loan application is rejected. Seriously analyze the reasons and think about remedial measures. There are ways to buy a house. Finally, Bian Xiao wishes everyone can buy a good house smoothly.