Banks generally inquire about credit status within 2 years, and banks with strict risk control may also inquire about 5 years. It should be noted that even if the mortgage application has been approved, if the loan issuance time is longer than the pre-loan credit inquiry date, the bank may inquire the credit again. This means that if the home purchase occurs after the loan application is approved, A bad credit record may also affect normal loans.

How to deal with overdue housing loans

First of all, overdue is divided into three types: overdue within one month, overdue due to false information, and overdue for more than three months. The specific measures that users should take As follows:

1. If it is overdue within one month, take the initiative to call the bank to explain the reason and ask the bank to issue a non-malicious overdue certificate. If you have a non-malicious overdue certificate, your future loan applications will not be affected.

2. If it is overdue due to false information, you can go to the local People's Bank of China to file an objection. The result will be available within fifteen working days from the date of initiation. If the bad records are eliminated, you can immediately Applied for a loan.

3. If the overdue record exceeds three months, you must repay the principal and late fees. You must maintain good credit habits on the repayment date. If the credit card is overdue, do not cancel it. You need to wait two years before repaying. Go buy a house or you can buy a house without taking out a loan in your own name.

How long does it take for overdue credit records to be eliminated?

It will take 5 years for overdue credit records to be eliminated from the credit report. Users must repay their mortgages on time after they become overdue. , don’t have overdue loans again, and gradually replace poor credit reports with good credit reports. If the user’s mortgage overdue is caused by special events, you can submit an objection application to the Credit Information Management Center to modify the overdue record.

A home loan, also known as a home mortgage loan, requires a home buyer to fill in an application form for a home mortgage loan to the lending bank and provide legal documents such as ID card, income certificate, house sales contract, and guarantee letter. After passing the examination and passing the certification documents that must be submitted as required, the lending bank promises a loan to the home buyer, and handles real estate mortgage registration and notarization based on the house sales contract provided by the home buyer and the mortgage loan contract entered into between the bank and the home buyer. Within the period specified in the contract, the loaned funds will be directly transferred to the account of the selling unit with the bank.