A * * * * With repayment * * With repayment, literally, it can be understood as joint repayment. And this repayment is the amount of the mortgage. Under normal circumstances, when buying a house, it is sometimes purchased by the family. For example, if husband and wife buy together and both husband and wife have wages, then two people will become * * * borrowers, and it is the most common situation that two people share the mortgage. Of course, there are also some cases where some young people want to buy their own houses, but they will take one of their parents as the repayment target to prevent them from having their parents to help them repay their debts when their work income is not stable enough. Banks have also increased the protection in this regard.
Second, the significance of * * * and the establishment of the borrower * * * actually adds a guarantee to the whole process, because the approval of the mortgage requires conditions. You must make your bank cash flow cover twice the monthly repayment. In this case, if some people don't have enough traffic, you can find a repayment partner to bear it. In this case, the mortgage loan can be approved. If the operating record is not good, then the mortgage loan is likely to be approved. In this case, the deposit or down payment you paid will be gone.
Third, the same borrower has a mortgage record. In fact, there are detailed rules for mortgage approval in some places. The interest rate and down payment ratio of the first home loan and the second home loan are different. If you say that you became a repayment partner to help others, then you have a mortgage record. However, if you haven't bought a house yet, you will encounter difficulties in buying a house in the future. Therefore, when you become someone else's repayment, you must be careful.