What circumstances are not approved for housing loans
4hw.com.cn: many home buyers think that as long as they pay the down payment, the mortgage will be approved. However, is this really the case? In this regard, what Xiaobian wants to say is that it's too naive. In the following five cases, even if you pay the down payment, the bank will still refuse to lend. Today, Xiaobian shares it in the hope that you can take a warning and avoid detours on the road of loan to buy a house.
1、 The value of the house is too low
What is a bank? In fact, the so-called bank refers to the financial institutions established in accordance with the law to operate money and credit business, which is the product of the development of commodity monetary economy to a certain stage. Therefore, the reason why banks are willing to provide housing loans for home buyers is that the value of the house is much higher than the housing loan, which can increase the repayment ability of the lender and protect their own interests.
In other words, if the value of your house is too low, the bank will not provide you with a loan. So in daily life, what types of houses are of low value? In fact, there are many houses of this type, such as houses too old and houses too remote.
2、 Too old
As we all know, banks have very strict requirements for borrowers, and the age of the lender is one of them. In other words, the bank has certain restrictions on the age of the borrower. If you are too old, the bank will directly refuse to lend.
In fact, this is mainly because once the borrower is over 60 years old, there will be major health problems, so you may not be able to repay the loan. In other words, banks may face the risk of not receiving money.
3、 Work is too dangerous
In daily life, although some home buyers have a high income, their work is too dangerous, such as high-risk work, chemical production and so on. Therefore, in order to avoid risks, banks will not lend to these people.
Therefore, when you apply for housing loans, you might as well let people with good jobs at home apply. In this way, it may increase the probability of mortgage approval.
4、 Buy small property right house
As we all know, it is strictly forbidden to buy and sell houses with small property rights in our country, and it is also not allowed to provide loans for houses with small property rights. Therefore, if you buy houses with small property rights, the bank will directly refuse to lend. Here, Xiaobian reminds the majority of buyers that there are great risks in buying and selling small property right houses. I hope you don't buy small property right houses for the sake of being cheap.
5、 Debt ratio greater than 60%
For banks, in order to better ensure the recovery of funds, it will examine not only the borrower's income, but also the borrower's debt when examining and approving housing loans. In other words, if the borrower's debt ratio is greater than 60%, then the bank will refuse to lend!
The above is as long as you pay the down payment, you will be able to get the full content of the mortgage. All in all, in this era of high housing prices, if there is no housing loan, then I am afraid many people will not be able to afford a house. What a painful understanding. Therefore, Xiaobian reminds the majority of home buyers that they must pay attention to the above five situations when buying a house, otherwise even if you pay the down payment, the mortgage will not be approved!