Alipay cash out will affect housing loans.

Frequent cash out will affect the approval and processing of mortgage loans. For banks, if cardholders frequently swipe their cards to cash out, it is probably because they are very short of money. The bank will think that the cardholder's financial status is not good, and the possibility of being rejected during the loan approval process will be very high.

However, Alipay no longer allows cash out and transfer. If you want to do so, you will face penalties of freezing funds and accounts.