The primary lender must be the owner of the house. If the owner of the house is only a man, only the man can apply for a loan as the primary lender.

1. Which spouse is more suitable to be the primary lender?

It is best for the primary lender to have advantages in terms of age, income, etc.

1. Which age group is suitable to be a primary lender?

The age of the primary lender is preferably between 25-40 years old, and this age group is more popular.

When banks review loans, they generally require borrowers to be between 18 and 65 years old: if they are over 40 years old, the maximum loan period will be less than 25 years; if those between 50 and 65 years old are ill. The probability is relatively high and may affect normal repayment.

For example: Xiao Lin is 45 years old and Xiao Ju is 39 years old. They are married and want to apply for a commercial loan to buy a house. If Xiao Lin is the main lender, the maximum loan period is less than or equal to 20 years; if Xiao Ju is the main lender, the maximum loan period may reach 25 years.

2. What kind of job and income situation are suitable for being a primary lender?

It is best for the primary lender to have a relatively stable job and a high income.

Banks generally believe that borrowers with stable jobs will have continued ability to repay. For example: civil servants, teachers, doctors, lawyers and Fortune 500 employees. In addition, banks will also judge the repayment ability based on the income certificate provided by the borrower, which must cover at least twice the monthly payment.

2. What is the difference between the repayment obligations of the primary lender and the borrower?

Mortgage is the joint debt of husband and wife. The primary lender and the first borrower have the obligation to repay. When the first debtor cannot repay the bank debt, the bank can directly pay the second repayer. Debt recovery.

For example: Xiao Lin and Xiao Ju are married and apply for a commercial loan to buy a house. His wife, Xiao Ju, is the primary lender, and Xiao Lin is the co-borrower. Unfortunately, Xiao Ju got into a car accident and lost the ability to continue repaying the loan and was unable to pay off the loan debt. At this time, the bank can require Xiaolin to continue to fulfill his repayment obligations.

Source: Lianjia Compilation

This content is only applicable in Beijing