when applying for housing loan, buyers need to submit some loan materials to the bank, among which income proof is essential. Some friends don't know how much to fill in the income column when preparing income proof, and they don't know what impact the income proof has on housing loan. So, what is proof of income? What's the use of proof of income from housing loan?
1. What is proof of income?
generally, the income certificate is issued by the borrower's unit and stamped with the official seal of the unit. It is a proof of economic income that Chinese citizens need in their daily production, life and business activities. The work income certificate generally reflects the borrower's work unit, position, working years and salary income, and has a certain format.
proof of income is another important basis for banks to examine users' ability to repay loans when they apply for loans to buy a house. Whether the person who is going to buy a house with a loan really has the ability to pay off the mortgage and will default on the loan can be reflected in the proof of income, and the bank will judge whether the applicant can lend money to buy a house according to the proof of income.
second, what's the use of proof of house purchase income?
1. Reference of bank appropriation
The proof of income will directly affect whether the loan bank appropriates funds. If the applicant is married and a person's proof of income is lower than his monthly payment, both husband and wife can apply for a loan at the same time. After meeting the requirements, the bank can also approve it. In addition, some other assets of the family, such as large deposits, bonds and real estate, can also be used as proof of income, which the bank will generally refer to.
2. Reflect the borrower's repayment ability
Generally speaking, the income certificate needs to be stamped with the official seal of the company and issued by the party concerned. It is one of the main reference contents when handling the mortgage of buying a house and directly reflects the repayment ability of the handler. In daily production, life and business activities, a proof of economic income is generally required to be issued when handling visas, bank loans and credit cards.
3. Basis of loan credit investigation
The income certificate of loan to buy a house is fair, and a complete, true and reliable Salary Income Certificate is one of the important bases for personal loan credit acceptance investigation and approval decision. The Guidelines on Risk Management of Commercial Banks' Real Estate Loans issued by the CBRC stipulates that commercial banks should judge the rationality of borrowers' current income and the impact of future industry development on income level through the information of borrowers' age, education, working years, occupation and working years.
third, the higher the income, the better?
in fact, the income certificate should be filled in according to your actual income, but it's not all so-called? Seeking truth from facts? Specifically, the applicant needs to grasp a certain degree and fill it out reasonably.
applicants need to consider their own work situation and the economic situation of their workplace. If they are employees in sales, finance and other industries in first-tier cities, they can appropriately write higher income, as long as they can ensure that they can afford to pay back the monthly amount in the future. Of course, the premise is that it must conform to its own bank flow.
When issuing the income certificate, you should not fill in the income increase at will. You should put honesty first, and you should not change the data such as income at will, otherwise there will be the risk of canceling the loan.
that's all I've told you about the importance of the proof of income when buying a house with a loan. We must pay attention to honesty when issuing the proof of income, and we can't change the data of income at will, or we may be exempted from the loan contract. I hope that the knowledge I have summarized can bring you help.