At present, the factors that most easily affect the approval of housing loans are as follows:
1, personal credit record
When banks apply for housing loans, they will first check the borrower's personal credit report. If the report shows that the repayment has been overdue for three consecutive times or six times in the past two years, the borrower's application for housing loan will mostly be rejected. Therefore, we must maintain our personal credit in our daily life. In addition to overdue records, there are also records of being sued for bad credit and bad records caused by long-term arrears of water and telephone charges.
2. Solvency
Speaking of repayment ability, in addition to personal credit records, banks will also focus on the repayment ability of borrowers. If the debt is too large, or the income and work are unstable, it will affect the approval of mortgage loans.
3. Personal loan default
If the principal and interest of the loan are not repaid or the guarantor is repaying, there are records of unpaid principal and interest for more than 6 consecutive periods (including repayment by the guarantor) in a single month, records of single loans overdue for more than 24 periods, and records of loan extension (extension) or repayment with assets in recent two years.
What are the factors that affect the approval of mortgage loans? How can we improve the chances of mortgage approval?
4. Advance payment
According to the requirements of the bank, customers who apply for mortgage loans need to have a certain down payment. Generally, the down payment ratio of the first home loan is not less than 30%, and the down payment ratio of the second home loan is not less than 60% (some cities require not less than 70%). Therefore, customers who want to apply for a bank mortgage must be prepared before the loan to prevent the loan application from being rejected.
5, debt is too high
For example, the monthly credit card payment exceeds 50% of the monthly income, or the existing car loan and mortgage repayment exceeds 50% of the monthly income.
Therefore, before applying for a housing loan, the borrower must first confirm the factors that affect the approval of the housing loan, and try to avoid problems that affect the loan application.
The above are the factors that affect the loan approval process compiled by Bian Xiao. If buyers want to get a smooth loan, they should know the above knowledge in advance, so as not to miss the house because they can't get the money for a while.
(The above answers were published on 2015-11-19. At present, please refer to the actual situation for the relevant purchase policy. )
Click to view more comprehensive, timely and accurate new house information.