There is a roughly proportional relationship between bank turnover and loan amount. The higher the bank turnover, the higher the loan amount you can apply for. But this is not absolute. If there is other proof of financial resources, it can also affect the loan amount. At the same time, personal credit record is also a major factor affecting the loan limit. For applicants with overdue records, banks may approve a very small loan limit or even refuse to lend.

What should you do if you find that the bank’s liquidity is not enough when borrowing?

1. Increase the down payment ratio

When economic conditions permit, it is easiest to increase the down payment ratio. a method. Because an increase in the down payment ratio means a lower ratio of loans is required. Therefore, when the loan ratio is low, the monthly payment ratio will naturally be low, and the bank flow data you need to provide does not need to be so high.

2. Extend the loan term

Generally, the lender needs to provide the bank with bank statements of 2-3 times the loan amount. The longer the loan term, the higher the monthly payment required. The less money you have. Therefore, if the monthly repayment ratio is low, the bank flow requirements will not be so high.

3. Provide bank statements of family members

If the borrower is married, you can also provide bank statements and income certificates of your spouse.

4. Provide proof of assets in the name of the lender

Another general method is that if the borrower has other assets in his name, he can provide relevant proof to the bank, such as cars, houses, Financial management, etc., to prove that you really have the ability to repay. Because the bank needs you to provide bank statements, just to test your repayment ability. Therefore, if you have assets in your name, you can make the bank think that you will not be tied down by the monthly mortgage payment.