The solutions to the problem of not being able to repay your mortgage are as follows.

1. Ask for help from relatives and friends. If you are unable to turn over funds in the short term, you can borrow money from relatives or friends to repay the loan. For users, this is also the lowest cost method and can also reduce your losses. To the minimum, after the subsequent capital turnover is opened, remember to return the money in time, and it will not be difficult to borrow again next time.

However, if the time is too long and the amount of borrowing required is relatively large, it will be difficult to borrow money. After all, helping the emergency does not help the poor.

2. If you are applying for a loan extension and cannot repay the loan in full for a long time in the future due to some special reasons, you can contact the bank at least one month in advance before the mortgage is overdue. The bank explains the relevant situation, applies for loan extension, and extends the repayment period.

During the application process, you need to provide relevant supporting materials, such as unemployment certificate, disease diagnosis certificate, income certificate, etc. After the bank verifies the situation, if the situation is correct, the bank will also extend the repayment period based on the situation. , which can reduce the monthly mortgage payment and reduce the user's repayment pressure.

3. Rent the house. If the user has other residences in the place of residence, you can also choose to rent the house and use the rent of the house to repay the loan. This way, the monthly repayment pressure will naturally be reduced. .

However, if you still need to rent a house after renting out your own house, then the gain outweighs the loss.

4. Transfer and sell the house. If you are really unable to repay the mortgage loan, you can sell or transfer the purchased house used as mortgage for the housing loan to a third party after obtaining the consent of the bank, and then the user will use the proceeds from the sale of the house. This method is not very good for repaying loans, but at least the initiative is in the hands of the user. Compared with being auctioned by the bank, the loss will be less.

5. If the mortgage loan is not repaid and the mortgage is overdue for more than three months after the auction of the property, the bank will file a lawsuit with the court and apply for the auction of the mortgaged property. The bank will use the proceeds from the auction of the property to repay the principal and interest of the loan and the corresponding After the penalty interest fee is deducted, if there is any remaining amount, the bank will return the remaining part to the user.

6. Don’t use loans to support loans. The method of using loans to support loans cannot actually solve the problem and will only lead to an increase in the user’s interest costs.

It’s okay if it’s just a short-term turnover, but it doesn’t matter once in a while.

If you demolish the east wall to pay for the west wall for a long time, it will cause users to accumulate high debts. Once a platform cannot borrow money, it will eventually lead to a complete collapse. Users will need to bear high penalty interest fees and will also be charged by various platforms. Serial harassment on the phone.

Don’t take overdue online loans lightly, because in addition to collection, personal credit will also be affected. Especially for online loans with credit bureaus, once there is an overdue record, it will have a serious impact on future bank loans or credit card businesses. Even if online loans cannot be listed on the credit bureau, the data can still be recorded. You can check your online loan history, overdue details, debt status, dishonesty information and online loan blacklist in "Xiao Qixin Check".

Extended information:

Should the bank you choose for a home loan be a small bank or the four major banks?

When applying for a home loan, it is naturally better to choose the four major banks than small banks.

After all, the service systems of the four major banks are more complete, and there are basically business outlets all over the country, making it more convenient to handle business and consult questions.

And the loan quotas of the four major banks will be more sufficient, so it will not be easy to wait for a loan.

On the other hand, the service system of small banks is not perfect, and some cities do not have business outlets. This will make it very inconvenient to handle subsequent business; and the quota is not as sufficient as that of large banks. If you happen to encounter it when applying, If the quota is in short supply, it is estimated that the loan will be delayed and you will have to wait.

And if the house payment is delayed, it may cause disputes with the real estate developer.

Of course, the choice depends on your own ideas. The approval of small banks is often easier. If there are local service outlets, the quota is sufficient at the time of application, and the interest rate is lower than that of big banks. , you can also choose to go to a small bank to apply for a mortgage.