Showing an application for loan approval means that the bank inquired about your credit information when you made a loan before, leaving traces of loan approval. This report is even worse. As long as the report does not reflect bad information, it will not have any impact on personal credit information. Consequences of credit blacklist:

1, unable to apply for loans in banks, companies and other financial institutions. Not only do you want to start a business with a loan, but it is also futile. Even applying for a mortgage or car loan will be rejected. In modern society, owning a car and a house has become a standard job in life, and it has the ability to repay. However, due to poor personal credit record, it is impossible to obtain mortgage loans from banks.

You can't apply for a credit card any more. If personal credit has a bad record, it is impossible to apply for another credit card for personal daily consumption. It's the same in all banks, because all banks can check your credit history;

3. If the impact record is blacklisted, such as maliciously defaulting on bank loans, people can't fly and stay in star-rated hotels.

Second, there is already a consumer loan, which affects the subsequent mortgage approval?

Reply to the landlord:

The existence of consumer loans will affect the approval of your mortgage.

As you said, get the consumer loan first, maybe after you get the loan through other property rights mortgage or guarantee.

If you apply for a housing loan again, confirm the loan situation and repayment ability.

Usually, a small amount of consumer loans will not affect mortgage loans, nor will it increase your down payment.

However, if the amount is too large, for example, your monthly consumption loan is 5,000 yuan, and your monthly mortgage loan is 3,200 yuan, then your actual monthly payment is 8,200 yuan. According to the pre-tax calculation, the monthly repayment amount accounts for 68.33% of your income.

According to the principle of bank loan, the monthly payment shall not exceed 50% of the income. If it exceeds this numerical limit, it will be considered that the loan repayment ability is insufficient and the loan risk is too large to pass the loan approval.

Therefore, the actual limit is your income or your down payment.

It is best that you can solve the down payment through non-bank loans, so there is no problem.

I hope it helps you.

Third, is there any consumer loan on the credit report that affects the mortgage?

There is a personal consumption loan on the credit report. If the user has a record of overdue repayment, it will affect the mortgage. The user has no record of overdue repayment, and there is a normal credit record in the credit information, which will not affect the user's application for mortgage. Credit investigation is an activity of collecting, sorting, saving and processing the credit information of natural persons, legal persons and other organizations according to law, providing credit reports, credit evaluation and other services to help customers judge and control credit risks and conduct credit management. Credit investigation is a professional and independent third-party organization that establishes credit files for individuals or enterprises and provides a platform for professional credit investigation organizations to enjoy credit information. Credit investigation records personal credit behavior in the past, which will affect personal economic activities in the future. These behaviors are reflected in personal credit reports, which are commonly called "credit records". Until 20 12, there is not a single law or regulation in China's current legal system to provide a direct basis for credit investigation. On June 5438+ 10, 2009, the Legislative Affairs Office of the State Council promulgated the Regulations on Credit Management (Draft for Comment), and solicited opinions from all walks of life on the Regulations on Credit Management. The emergence of credit investigation activities stems from the emergence and development of credit transactions. Credit is a special form of value movement based on repayment, including currency lending and commodity credit sales, such as bank credit and commercial credit. Modern economy is a credit economy, and credit, as a specific economic transaction, is the product of the development of commodity economy to a certain stage. The essence of credit is a creditor-debtor relationship, that is, the lender (creditor) believes that the trustee (debtor) has the repayment ability and agrees to the promise of future repayment made by the trustee. However, when the commodity economy is highly developed and the scope of credit transactions is increasingly extensive, especially when credit transactions spread to the whole country and even the whole world, it will be extremely difficult for one party to know the credit status of the other party. At this time, understanding the credit status of market participants has become a demand, and credit investigation activities have also emerged. It can be seen that credit investigation is actually produced and developed with the emergence and development of commodity economy, and it is a credit information service provided for credit activities.

There is a consumer loan on my credit report. Does it affect mortgage approval?

There is a consumer loan on my credit report, will it affect the mortgage approval?

In the current financial supervision environment, as well as the data presented in various places, the existence of consumer loans for credit information will affect the approval of mortgage loans. However, it does not mean that there is a consumer loan on the credit report, and the mortgage will be 100% rejected.

First of all, the mortgage policy varies from city to city, from bank to bank and from person to person. The policies of the banking regulatory bureau in each city are different, the requirements of banks are different, and your actual situation is different, which will lead to different results. Therefore, it is suggested that the subject go to the bank for on-the-spot consultation, so as to get an accurate answer.

Of course, it doesn't matter if it really affects the mortgage. Bank staff will generally ask you to pay off the consumer loan first, and then submit your information for approval.

I am an RFP registered financial planner in the United States. I have 8 years of practical experience in real estate investment and financing. I managed 23 properties with zero down payment for 8 years. If you agree with me, please pay attention and like it.

Want to know how to buy a house with zero down payment, how to buy a house below the market price 10-0.2 million/200 thousand, how to bargain with the seller to reduce the price above10 million, how to pay less taxes, how to raise funds quickly, etc. Please trust me personally. Thank you for your support!