Many times, due to the tightening of mortgages, buyers have been unable to approve loans after buying a house. Or because the personal bank credit record is bad, and the personal economic situation is not good, the mortgage cannot be approved. It can be said that the failure to approve the mortgage is a very headache, and many buyers have already paid the down payment and down payment. So, what if the loan can't buy a house? Let's take a look with Bian Xiao.

1. What if I can't get a house loan?

1. There are many reasons why the mortgage can't be done, so in actual operation, different situations have different treatment methods. When trying a contract dispute, the court will generally give priority to the agreement in the contract. So in the contract, the most important basis is who will bear the liability for breach of contract if the loan is not approved.

2, if there is no agreement in the contract, or the agreement is not clear, there are several ways to deal with. If the developer does not have a house with the conditions for sale, that is, the developer has not obtained a pre-sale permit, or sells an existing house without the conditions for use. The bank found this situation in the review and will not issue loans. At this point, property buyers can ask the developer to refund the down payment and deposit, and ask the developer to pay the corresponding interest loss.

3. If the information provided by the buyer is untrue or the buyer's credit record is bad, resulting in the bank refusing the loan, then the buyer needs to bear the liability for breach of contract.

4. If the government's policies or bank's regulations have changed and the loan that the buyer should get cannot be realized, then the buyer should negotiate with the developer. If the negotiation fails and there is no agreement in the contract, then the buyer can sue and prove that he has no process and is really unable to buy a house. Ask the developer to return the down payment and deposit.

Editor's summary: What if the loan can't buy a house? I believe everyone knows something after reading the article. I hope the above contents can bring you some help and suggestions. If you need more relevant information, please continue to follow us.

What if the mortgage with high debt is not approved? These reasons led to the failure of mortgage approval.

Although there are many people with better conditions, there may be unsuccessful cases when applying for a mortgage. After all, mortgage is not as easy as we thought, and we will certainly encounter such problems in the process of applying for mortgage. Once rejected, it will be very troublesome. There are many small partners in the market who can't approve mortgages because of their high debts. Next, let's learn more about it. What if the mortgage with high debt is not approved? What causes the house price not to be recognized?

What if the mortgage with high debt is not approved?

1, reduce the debt ratio

You can find someone to borrow money to pay off loans and credit card debts, or split large debts into small ones, which is also a way to reduce debts.

2. Increase the down payment ratio

If the down payment ratio is increased, the total amount of loans will be reduced, so the repayment pressure will be less, the repayment ability will be improved, and the success rate of applying for loans again will be greater.

3. Extend the repayment period

At present, the longest loan period of a bank is 30 years. It is best to choose the loan term according to the repayment ability. If the loan was originally intended for 20 years, but the mortgage could not be approved because of high debt, the loan could be extended for 30 years, and the monthly payment would be less.

4. Add * * * to the credit.

If you can't approve the loan yourself, you can add other people with good credit as lenders, either parents or spouses. They are usually required to have a stable income, and some will have an age limit.

Step 5 provide a guarantee

There are many guarantee companies that can provide guarantees for everyone, but they will charge a certain fee. If the mortgage is approved and the lender is overdue, the guarantee company will advance the overdue debt for the lender and then call the lender for debt.

These reasons lead to the failure of mortgage approval.

1, personal credit record

When banks apply for housing loans, they will first check the borrower's personal credit report. If the report shows that there have been three consecutive or accumulated six overdue repayments in the past two years, most borrowers' mortgage applications will be rejected. Therefore, everyone must safeguard their personal credit in their daily lives. In addition to overdue records, if there is a record of being sued for bad credit, such as long-term arrears of water, electricity and telephone charges, these bad records will be included in personal credit records.

2. Solvency

In addition to personal credit records, banks will also focus on the borrower's repayment ability. If the debt is too large, or the income and work are unstable, it will affect the success of mortgage approval.

3. Personal loan default

For example, when applying for a loan, the principal and interest of the loan have not been repaid or the guarantor is repaying the loan. There is a record that the principal and interest of a single loan have been outstanding for more than 6 consecutive periods (including repayment by the guarantor), there is a record that the single loan in loans overdue has been outstanding for more than 24 periods, and there is a record that the loan has been extended (postponed) or repaid by assets in recent two years.

4. Insufficient down payment

According to the requirements of the bank, customers applying for mortgage loans need to have a certain percentage of down payment. Generally, the down payment ratio of the first home loan is not less than 30%, and the down payment ratio of the second home loan is not less than 60% (some cities require not less than 70%). Therefore, customers who want to apply for a bank mortgage must be prepared before the loan to prevent the loan application from being rejected.

Through the introduction of the above content, we can know what caused the failure of mortgage loan, which may be the bank's reason or the real estate. In addition, most of them are due to their own reasons, such as insufficient down payment, or personal loans have been breached, and insufficient repayment ability will lead to abnormal loans. I hope everyone can understand something after seeing this.

What if the mortgage with high debt is not approved? These methods to remedy.

Now many people will borrow money to buy a house, but banks will not only check credit, but also look at the borrower's debt. Many people are refused loans by banks because of excessive debts. Is there any remedy for this situation? Here are some suggestions for everyone.

For banks, too high a lender's debt will affect its repayment ability, and there will be a risk of default in lending to them, so banks will be more cautious in lending. If the debt is too high and you don't want to be rejected, you can remedy it by the following methods:

1, reduce the debt ratio

You can find someone to borrow money to pay off loans and credit card debts, or split large debts into small ones, which is also a way to reduce debts.

2. Increase the down payment ratio

If the down payment ratio is increased, the total amount of loans will be reduced, so the repayment pressure will be less, the repayment ability will be improved, and the success rate of applying for loans again will be greater.

3. Extend the repayment period

The longest loan period of a bank is 30 years. It is best to choose the loan term according to the repayment ability. If the loan was originally intended for 20 years, but the mortgage could not be approved because of high debt, the loan could be extended for 30 years, and the monthly payment would be less.

4. Add * * * to the credit.

If you can't approve the loan yourself, you can add other people with good credit as lenders, either parents or spouses. They are usually required to have a stable income, and some will have an age limit.

Step 5 provide a guarantee

There are many guarantee companies that can provide guarantees for everyone, but they will charge a certain fee. If the mortgage is approved and the lender is overdue, the guarantee company will advance the overdue debt for the lender and then call the lender for debt.

The above are several remedies that are not recognized by high-debt mortgages, and I hope to help everyone.

What if the credit card is in arrears and the mortgage cannot be approved?

If the mortgage cannot be approved due to overdue credit card, the following methods can be adopted:

1. Issue a non-malicious expired certificate. As long as you can produce proof of non-malicious overdue, you can prove that the lender is not malicious overdue;

2. Willing to raise the down payment and loan interest rate, which will reduce the risk of banks and increase the chances of mortgage approval;

3. Change a bank to apply for a mortgage. Every bank has different requirements for credit reporting. You can choose a bank with loose credit requirements.

Extended data:

What should I do if the credit card overdue mortgage approval fails?

When choosing banks, try to negotiate with developers, choose foreign banks, joint-stock banks or local banks, and avoid large and medium-sized state-owned banks.

Try to provide the bank with proof of its repayment ability, such as providing proof of assets in its own name or providing guarantee.

If your credit card is overdue, it is recommended to accept the terms of raising interest rates or raising down payment.