1. Replenish the loan repayment funds as soon as possible to avoid overdue. As long as the customer repays before 24: 00 on the mortgage repayment date, it is not overdue and will not have a negative impact on the customer. However, if the time is too late, the bank may not automatically deduct the money and need the customer to repay it manually.
2. Negotiate with the bank to postpone repayment. Mortgage can be negotiated for repayment. When the customer encounters some objective circumstances that make it impossible to repay temporarily, he can try to contact the bank to explain the situation and apply for deferred repayment.
Influence of insufficient mortgage repayment
1, economic loss:
If the supply is really cut off, the down payment, commission, taxes, agency fees and even the maintenance fund will not be recovered. Including the monthly payment you have already paid, will not be recovered. The bank will also punish you, and the overdue penalty for mortgage is relatively high. The longer the mortgage is suspended, the higher the fine, and the more unfavorable it is to the buyers.
2. Credit information is damaged:
If you breach the contract, it will be recorded in your bank credit information system and enjoyed by * * * *. In the future, your loans, handling credit cards, and even taking high-speed trains or airplanes may be affected to varying degrees. It's almost impossible to borrow money next time.
3. House auction:
If you can't continue to repay the remaining loan and the bank can't recover the loan, then the house can only be auctioned at a low price. If sued by the bank, it may also bear liquidated damages and repay all remaining loans and litigation costs. If your house is not enough to repay the bank loan after the auction, the bank has the right to freeze your bank property, even your personal property. Finally, we will make up for the loss through various channels until the defaulter pays off all the debts.
All in all,
However, if you want to apply to the bank for deferred repayment, you may need to apply to the bank in advance, because it takes some time for the bank to approve. If the customer applies again on the repayment date, it may be too late, and the bank may not necessarily approve it, which may lead to the overdue of the customer's mortgage.
Legal basis:
Measures for the administration of individual housing loans
second
Personal housing loan (hereinafter referred to as loan) 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.