When applying for a mortgage loan, users must also confirm that their credit information is good. Generally speaking, users have never been overdue in the process of using credit cards, and they will generally be uploaded to the credit information center after the expiration. In the case of poor credit information, banks will be very cautious in approving loans, and they will usually be rejected "three times and six times".
In addition to meeting the requirements of the bank, other application materials should also meet the requirements of the bank. Other application materials include the bank's running water in the last six months, work certificate, loan application form, down payment certificate, etc. After the submission, the bank will conduct an audit, and the loan can only be obtained after the approval.
After the bank lends money, it should repay it according to the contract, and there should be no overdue repayment. If the mortgage has not been repaid, the bank will sue the borrower and then auction the property to repay the loan. This will cause great losses to borrowers, and it will also cause bad personal credit information.
What is the reason why the loan can't be approved?
1. If you need to apply for a mortgage to buy a new house, and the property has been pre-sale certificate, as long as you apply to the bank, the bank will check your credit record with the People's Bank of China. If there is no problem, we will reply to your personal loan application within 3 days, and ask you to submit a copy of your license, income certificate, down payment documents and other related documents, and sign relevant bank documents and loan contracts.
2. After collecting all the information, the bank conducts internal examination and approval, and then goes to the housing management transaction to go through the mortgage registration formalities, which takes about 10 working days. After the transaction is issued with other warrants (real estate registration certificate is issued by the city where real estate registration is implemented), the bank will lend money within 3 working days.
3. If you apply for a commercial loan to buy a house, it usually takes about two weeks from the time the lender submits the information to the time of lending. If it is a provident fund loan, the processing progress will be slower, and it may take 1-2 months or even longer, because it involves many institutions such as provident fund and banks.
4. After the transfer of house property rights is completed, the bank will handle the mortgage and get his other warrants 7 days after the mortgage. Handle the core property certificate, the bank takes back his right certificate and the bank lends money. After the bank lends money, it needs to provide the borrower's deed tax certificate and a copy of the real estate sales contract to the bank, and the intermediary agency also needs to stamp the official seal on the second-hand house mortgage transfer confirmation.
5. Too much debt generally means that the borrower's monthly expenditure accounts for too high a proportion of income. If it accounts for more than 70%, there is a great risk of rejection. If you want to reduce your debt, you must increase your income or reduce your monthly repayment expenses.
6. There is an age limit for loans. Generally speaking, people under 18 and over 60 cannot directly pass the loan approval. If you refuse the loan because of your age, it is recommended to find a guarantor or lender.