Does helping others as guarantors have an impact on buying a house?
First, buying a house for others as a guarantor may have an impact on future purchases and personal credit reporting.
Second, when the borrower fails to repay, the guarantor shall bear the repayment responsibility. When the guarantor borrows again, the bank will also check the credit record of the guarantor, and the guarantor's serious bad record will be affected.
Three, the bank's requirements for the guarantor are generally local accounts, good economic foundation and stable income. As a guarantor, the borrower has to bear the repayment responsibility without repayment, so once he agrees to guarantee the lender, he agrees to bear the repayment risk for him.
Under normal circumstances, if you make a loan as a guarantor, the bank will also check the credit history of the guarantor. The guarantor's serious bad record will affect his credit information.
Four, according to the different ways of guarantee, China's "guarantee law" will be divided into general guarantee and joint and several liability guarantee. Only when the main contract dispute is tried or arbitrated, and the debtor's property is still unable to perform the debt according to law, the guarantor of the former is required to assume the guarantee responsibility.
If the guarantor of the latter fails to perform the debt after the expiration of the debt performance period agreed in the main contract, as long as the creditor asks the guarantor to pay the debt, he must bear the guarantee responsibility within the scope of guarantee. It can be seen that general guarantee is less risky than joint and several liability guarantee.
However, the "Guarantee Law" also stipulates: "If the parties have not agreed or the agreement is unclear, they shall bear the guarantee liability according to the joint and several liability guarantee."
How to get a loan to buy a house through guarantee?
1. First-time housing loan In general, buyers need to go to the bank to understand the relevant situation and apply for personal housing loans with relevant information. Then the bank will review the buyers and then determine the loan amount. Then the bank handles the loan contract, and then handles the notarization of real estate mortgage registration. The rest is the cancellation of registration after the bank issues the loan and the borrower repays the loan every month and pays off the principal and interest.
2. The materials and procedures we need to handle the house purchase loan are as follows: household registration book, marriage certificate, ID card, income certificate, bank account and house purchase contract (provided that both husband and wife are married). Conditions: As long as there is a stable income and bank account, there is a bank account every month, and the monthly income on the income certificate needs to be twice as much as the monthly payment. Generally speaking, it is impossible for a bank to be overdue for three times in a row and six times in two years, and this is based on the family.