When applying for a loan, you can also prepare as much information as possible, such as proof of income and proof of assets. All these can show that the borrower has certain economic conditions and the ability to repay the principal and interest of the loan on time, and also help the borrower to successfully apply for a mortgage.
Of course, the most important thing is that the borrower's credit is good, and there can be no bad credit record on the personal credit report. Otherwise, no matter how well the materials are prepared and the qualifications of the guarantor are good, banks and lending institutions are likely to refuse to issue loans.
If the approval is rejected, the borrower can wait for a period of time before applying for another bank or lending institution. It is also a good opportunity to sort out the reasons for rejection, solve problems and maintain good credit. Maybe the follow-up application will pass smoothly.
Buying a house by bank mortgage loan is the main transaction mode of commercial housing at present, but not every loan can be lent smoothly due to the personal factors of buyers. Therefore, once the buyers decide to buy a house, they must comprehensively analyze their personal situation, such as personal credit, personal actual economic situation and long-term repayment ability. To avoid unexpected situations that may occur during the process of buying a house.
The reason why the loan to buy a house can't be done
1, the reason of the developer
Many procedures for buying a new house are handled by developers. If the developer fails to implement the mortgage bank and fails to submit the mortgage loan materials in time, it will also lead to the bank mortgage loan not being processed. Of course, this situation is relatively rare. In order to make money by selling houses, no one wants customers not to apply for loans.
2. Bank reasons
Although banks can now handle commercial loans, provident fund loans, portfolio loans and other loan methods, some banks do not like portfolio loans, with limited interest rates and complicated procedures.
3. Reasons for property buyers
Most of the reasons why the loan cannot be processed are on the borrower. For example, the borrower fails to provide the materials in time, or the materials provided are incomplete or untrue, which leads to the inability to handle the bank mortgage; Personal income certificate, bank running water, etc. There is a problem and it does not meet the loan conditions of the bank; Lenders' personal credit problems, etc.