Under normal circumstances, all consumer loans must be paid off before applying for mortgage loans. If you don't pay off the consumer loan, you are suspected of paying the down payment through the consumer loan or illegal overdraft credit card, and the consumer loan is strictly prohibited from flowing into the housing market. In addition, applying for a mortgage loan also requires the borrower's income to be at least 2 to 3 times the monthly repayment amount, so try to reduce the total monthly repayment amount.

Under what circumstances will the mortgage be rejected?

1. does not meet the loan conditions.

Different banks have different loan conditions. Even if you meet the loan conditions of this bank, you may not meet the loan conditions of that bank. Some lending institutions also have requirements for the borrower's personal occupation and unit. However, there is a basic reference standard: most lending institutions require borrowers to be over 18 years old, with good credit information and stable income sources.

2. Insufficient loan information.

Different loan applicants and products have different requirements for borrowers. In addition to meeting the requirements, all the materials needed to apply for a loan must be prepared. The loan application materials must be authentic, and forged running water and documents will definitely not pass. In addition, owning a car and a house will help to apply for a loan and increase the amount.

3. Poor personal quality

The bank will evaluate the comprehensive credit score according to the submitted materials and personal credit information. If the comprehensive credit score is insufficient, the loan will be directly refused. Timely repayment by credit card and paying off the arrears of utilities and telephone bills will help improve your personal qualifications.

4. Short-term frequent application

Can I apply for more in order to get a loan as soon as possible? The answer is no, because if you apply for bank loans too much, you will be checked by the institution many times about your personal credit, and the purpose of your loan will be suspected. Therefore, some credit managers will tell you that if you apply for loans frequently in a short period of time, it will affect the approval of loans and reduce the amount, and if it is serious, you will directly refuse loans.