No, it's all credit information system now.

2. Can I borrow money to buy a house with overdue records?

As long as it is not overdue at present, as long as it has not been overdue for three consecutive times or more in the past two years, you can handle the mortgage normally. This is in terms of overdue. Whether it meets the conditions of mortgage application and whether the mortgage can be approved is a comprehensive consideration of many factors, not just overdue.

3. Can I borrow money to buy a house with overdue records?

If your credit is overdue, you can borrow money. As long as the borrower repays more than three times in a row and six times in two years, he can borrow money to buy a house. However, if there is an overdue credit record, the bank can provide more proof of assets and income before issuing loans.

When the above requirements are not met, it means that the loan is seriously overdue, and the loan is approved in this case.

How do buyers apply for loans to buy a house?

1 Learn more. When buyers learn that some projects can apply for mortgage loans in advertisements or through the introduction of sales staff, they should further confirm whether the real estate developed and built by developers has won the support of banks to ensure the smooth acquisition of mortgage loans.

2. After confirming that the property you choose has bank mortgage support, the buyer should know the bank's regulations on mortgage loan support for the buyer and prepare an application.

3. After receiving the legal documents related to the mortgage application submitted by the purchaser, the bank will issue a loan consent notice or a mortgage commitment letter to the purchaser after confirming that it meets the mortgage loan conditions. Purchase and sign pre-sale and sales contracts for commercial housing.

4. After signing the house purchase contract and obtaining the proof of payment, the amount, term, interest rate, repayment method and other rights and obligations of the mortgage loan shall be stipulated in the relevant legal contract stipulated by the bank.

5. Property buyers, developers and banks shall go through mortgage registration and filing procedures with the real estate management department on the basis of loan contracts and purchase contracts. If the house is delivered in advance, the mortgage registration shall be changed after completion. Under normal circumstances, banks require insurance to prevent loan risks because of the long term of mortgage loans.

6. The property buyer opens a special repayment account in the financial institution designated by the loan bank, and signs a power of attorney to authorize the institution to pay the loan principal and interest and arrears related to the mortgage loan contract from the account. The bank is confirming that the buyer meets the mortgage loan conditions and fulfills "

legal ground

People's Republic of China (PRC) Civil Code

Article 675

The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.