1. Consumer loan: If there is a consumer loan in the lender's name, it is not necessary to pay it off before handling the mortgage, but the loan amount of the consumer loan should not be too high, which will affect the lender's debt ratio and thus affect the mortgage application.
2. Mortgage: If there is a mortgage under the lender's name, the loan-restricted city will require to pay off the mortgage under its name before drawing a new loan application.
Conditions for buying a house and applying for a mortgage
1. For buying a new house, it is generally unnecessary to consider the housing loan period. Housing loan conditions are mainly second-hand housing. Generally speaking, the older the second-hand house, the lower the proportion of housing loans and the less the loan amount.
2. The lender shall provide relevant income certificates when approving the house purchase loan. Then the bank will determine the loan amount and repayment period according to the income of the buyers. Generally, it is reflected in the fact that the bank has been running for six months, and a stable income helps to apply for a higher quota.
3. The age of the buyer is between 18-65. Among them, 25-40 years old is a popular crowd, while 50-65 years old is usually not easy to apply for mortgage loans.
Banks will also pay attention to the occupation of buyers when applying for housing loans. General civil servants, teachers, doctors, lawyers, certified public accountants, institutions, etc. ; Government agencies, large state-owned enterprises, top 500 enterprises, etc. The loan pass rate is higher.
5. Buyer's credit, personal credit can be said to be one of the important conditions for banks to consider buyers, and good credit is the prerequisite for obtaining preferential interest rates and loans. Some banks will check the buyer's 2-year credit record and 5-year loan credit record. Some banks will check credit information for a long time. Serious bad credit information may lead to loan rejection.
The process of buying a house and handling a mortgage loan
1, loan application
After confirming that the property you choose has bank mortgage support, buyers should know about the bank's regulations on mortgage loan support for buyers, prepare relevant legal documents and fill in the mortgage loan application form.
2. Sign a house purchase contract
After receiving the relevant legal documents of 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 the purchaser meets the mortgage loan conditions. Property buyers can sign the "Pre-sale Contract of Commercial Housing" with developers or their agents.
3. Sign a house mortgage contract.
After signing the purchase contract and obtaining the payment voucher, the purchaser signs a mortgage loan contract with the developer and the bank with the relevant legal documents stipulated by the bank, stipulating the loan amount, service life, interest rate and repayment method.
4. Apply for mortgage registration and insurance.
Property buyers, developers and banks hold mortgage loan contracts and purchase contracts to the real estate management department for mortgage registration and filing procedures.
5. Open a special repayment account.
After signing the mortgage loan contract, the buyer opens a special repayment account in the financial institution designated by the bank according to the contract, and signs a power of attorney to authorize the institution to pay the loan principal and interest and arrears of the bank and mortgage loan contract from this account.