At present, we will choose mortgage when buying a house. Because mortgage is very important, we don't have enough money to buy a house, so it is the first time to apply for mortgage. But some people want to know, can the mortgage be repaid in advance now? In fact, all these situations exist, so it may not be possible to repay in advance.

It is clearly not allowed in the contract: now most banks can handle mortgage repayment business in advance. However, some mortgage contracts clearly indicate that it is not allowed to repay the mortgage in advance. In this case, it cannot be handled. Therefore, when applying for a mortgage, you should consult well and be optimistic about the terms in the contract. Otherwise, you will still suffer.

Do not apply in advance: many people think that as long as they want to repay their mortgage in advance, they can go directly to the bank. In fact, this idea is wrong. You need to apply to the bank one week in advance. Then, according to the agreed time, go to the bank to handle the loan repayment business in advance. Otherwise, even if you take the money to the bank, the other party will not handle the loan repayment business for you in advance.

Failed to apply for prepayment: Don't think that submitting prepayment application is foolproof. If the audit fails, the loan cannot be repaid in advance. So after being rejected, you can go to the bank to find out the specific reasons, and then reapply according to the corresponding requirements.

If you have money, the mortgage will of course be paid off in one lump sum, which will be of great benefit to you in the future. However, there are rules for repaying the mortgage in advance, so we need to know clearly that if you want to repay the mortgage in advance, you'd better consult the relevant bank, hoping to help you!