If you have many loans in your name and want to apply for a mortgage, you can repay part of the loan before applying for the loan to reduce your personal debt ratio. After the debt ratio is reduced, banks will not have such high requirements on users' repayment ability, so even if the user's repayment ability is average, it will be easier to pass the bank's mortgage review. In addition, users should not apply for other credit services during the period of applying for a mortgage loan. It is not too late for users to apply for credit services after the mortgage loan is approved.
What steps do you need to go through to find a bank loan to buy a house?
1. Check loan qualifications: Not everyone can apply for a bank loan. Nowadays, when looking for a bank loan to buy a house, the bank’s requirements are also It is becoming more and more strict. To apply for a bank loan, you must be a natural person with full civil capacity, a stable career and income, good credit, and the ability to repay the principal and interest of the loan. Most banks will also require applicants to have applied for the loan. Credit card or loan from this bank with good credit record, and the bank also requires a work mortgage or pledge recognized by the bank.
2. Submit a loan application: After confirming that they meet the bank's loan conditions, home buyers can start to apply for bank loans. If buying a new house, generally there will be a cooperative bank present at the sales office of the project. Home buyers can save themselves the step of going to the bank. Therefore, after confirming the property, consult the relevant bank to learn about the relevant regulations on mortgage loans, prepare the documents required by the bank, fill out the "Mortgage Loan Application", and submit it to the bank for review.
3. Bank review: After the home buyer submits the loan application and related information, the home buyer can wait for the bank's review results. The correct order should be to first pass the bank's "Mortgage Loan Application" Review and then sign a housing purchase contract with the developer. Because after the home buyer submits the application, the bank will review the home buyer's credit status, repayment ability, etc. If the review is not qualified, the bank will refuse to grant the loan, and the home buyer will have to find another way out. Probably the vast majority of people will be unable to find funding sources and will eventually have to give up buying a house.
4. Sign a mortgage contract: If you seek a bank loan to purchase a house, the home buyer also needs to sign a mortgage loan contract with the bank. After signing the house purchase contract, the whole process is half done, and then the home buyer will You need to sign a "House Mortgage Loan Contract" with the developer and bank with the house purchase contract, down payment voucher, and relevant legal documents. The contract will clearly stipulate the loan amount, loan period, repayment method, and related rights and obligations. Regulation.
5. Open a special repayment account and start repayment: Usually, if the loan application submitted by the home buyer is approved and a mortgage contract is signed, the lending bank will open a new bank card for the home buyer for repayment. . In addition, home buyers should also note that if the housing authority is successfully registered, the bank will designate a financial institution for the home buyer in accordance with the contract and authorize the opening of a special repayment account. This authorized agency will deduct the monthly payment from the home buyer's bank account on a regular basis every month.