When a single person buys a house, there is often only one lender. In many cases, the bank will ask the guarantor. Do you need a guarantor for a single mortgage?

A single mortgage must have a guarantor. If you can't find a suitable guarantor, under normal circumstances, developers will guarantee for the owners.

Requirements for a single housing loan:

1. Original ID card and household registration book of the applicant.

2. The applicant shall issue relevant unmarried certificates.

3. The original agreement on the place of purchase, the original and photocopy of the receipt for advance payment of 30% or more of the house price.

4. Proof of the applicant's family income and related assets.

The guarantor is a fool who pays back the money.

In life, many people will act as guarantors to guarantee other people's loans, but there are also many people who say guarantors are fools to pay back money. What is the reason?

If you give it to a guarantor, the borrower will be liable to a large extent if there is a problem with repayment. However, it should be noted that it is not the guarantor who will bear the responsibility of paying back the money once it is overdue.

In the case that the other party does not run away, then this secured loan will be recorded in the credit report and is also part of the guarantor's debt. For example, if you want to apply for another institutional loan, people will count it in your debt according to a certain proportion when they see that you have a secured loan.

Secondly, in the case of the other party running away, your credit will be affected, and you have to handle these things for others. If the guarantor refuses to repay, the institution will sue, the guarantor's property may be enforced, and bank deposits and financial management will be affected.

Running water is not enough for mortgage parents to guarantee.

Applying for a mortgage from a bank often requires a bank flow certificate. In the case of insufficient running water, can it be guaranteed by parents with insufficient running water?

If your bank running bill is not enough, you can ask your parents to guarantee the mortgage, but the name of the real estate license must be filled in by your parents.

Conditions of mortgage guarantor:

1, enjoying political rights and unlimited personal freedom.

2. Have permanent residence and permanent residence in the local area.

3. Have the ability to fulfill the guarantee obligations.

4. Have a stable source of income. If there is no guarantor, the bank will probably not lend money. Under normal circumstances, many people can guarantee that just find a relative or friend.

The above is about the related content of mortgage guarantee, I hope it will help everyone!