Whether it affects the mortgage depends on the debt ratio and credit status. Under normal circumstances, bank loans will be truthfully recorded in personal credit records. If there are no overdue and default records in these records, the bank staff will carefully check the loan records when reviewing the mortgage.

Factors affecting mortgage loan approval

1. Personal credit record: When applying for a mortgage, the bank will check the borrower's personal credit report first. If the report shows that there have been three consecutive or accumulated six overdue repayments in the past two years, most of the borrowers' mortgage applications will be rejected. Therefore, we must maintain our personal credit in our daily life. In addition, in addition to overdue records, if there is a record of being sued for bad credit, long-term arrears of water and telephone charges will also cause bad records.

2. Repayment ability: If the loan applicant's debt is too high, or the income certificate provided cannot meet the requirements of bank loans, it will affect the approval of loans or reduce the loan amount.

3. Application materials: Generally speaking, lenders often need to submit corresponding materials when applying for housing loans. In fact, in real life, incomplete application materials are also one of the reasons why most property buyers are refused loans, because the authenticity and integrity of the materials are the primary factors that determine whether you can get loans.

The difference between shop loan and mortgage loan;

1, residential loans include commercial loans, and now residential loans are commercial loans and provident fund loans.

2. In terms of loan time, the store requires the house to be pre-sold or capped after the main body is completed and accepted.

3. The down payment ratio is 30% lower for houses and 50% lower for shops. Loan life: the longest for shops is 10 year, and the longest for houses is 30 years.

4. In terms of loan interest rate, shops generally go up 10%, and houses generally go down 15%. You can mortgage your house for decades. The house is 30% lower, the loan period of the shop is 50% lower, and then the rest is mortgaged to the bank. The loan interest rate for shops is the longest 10 year, and the loan interest rate for houses is the longest 30 years.