Sihai network

Why can't I get a house loan? What are the reasons why I can't get a house loan

With the rise of house prices, almost everyone has to buy a house by means of loans. However, with the tightening of credit policy, many owners have encountered this situation. They are very worried that they can't apply for housing loans. So, what is the reason why the mortgage can't be done? Let's talk about it!

Reasons for sellers

There are many potential problems in buying second-hand houses. For example, the housing property right, age and the only situation of five years old. In addition to verifying the above information, it is best to clarify the liability for breach of contract and the proportion of liquidated damages when signing the house purchase contract. If there is a problem, it can also be justified to make the other party unable to defend.

There is a problem with the buyer's personal credit investigation or submission of materials

There is also a situation that the buyer has his own problems, such as incorrect submission of materials, provision of false information, and failure of personal credit investigation. The most common problem is credit investigation. If the bad personal credit record is not caused by malice, you can negotiate with the bank or try to go to other banks. Banks with relaxed requirements may approve loans. However, if the overdue is serious, for example, the credit card is overdue for 3 consecutive times and 6 times in total, and the amount is large, there is basically no hope of applying for loan.

There is no problem with materials and credit investigation, but the bank approves loans slowly

The buyer has no problem with materials and credit investigation. After the materials are handed in, it is delayed in lending. Especially when the credit policy is tightened this year, it is normal for the loan approval cycle to become longer. The buyer and the seller can only wait patiently for bank lending. If the bank fails to make loans on time within the specified period, the buyer may claim that the bank shall bear the liability for breach of contract in accordance with the contract. In addition, if the government or bank loan policy changes and the bank stops the housing loan business, the buyer and the seller can solve it through negotiation. If the negotiation fails, it can only be solved through the court.

Excessive debt

High debt generally means that the ratio of the borrower's monthly expenditure to the income is too high. If the ratio exceeds 70%, there is a great risk of rejection. If you want to reduce the debt, you have to increase the income or reduce the monthly repayment expenditure.

Income instability

Some friends' monthly income is cash income, so there will be no bank statement, and it is difficult to prove how much their income is and whether it is stable. However, an effective bank statement is an important voucher to prove that the borrower has stable income. In view of this, Xiaobian recommends that you deposit your income in the bank regularly and regularly every month, so that the lending institution can understand that this is your 'salary' or monthly stable income.

Guarantee for others

If you guarantee for others, when you need to apply for a loan, the bank will check the credit investigation report of you and the debtor according to the tips in the guarantee information. Only when their credit records are in good condition and there is no serious overdue repayment, can they pass the approval.

There are execution records

If the borrower has a lawsuit that has not been executed or is in litigation, many financial institutions will not lend. Because both the plaintiff and the defendant have the risk of being seized, many loan institutions will directly refuse to lend. In this case, we can only settle the lawsuit as soon as possible and then apply for a loan.

The failure of the mortgage may also be the reason for the buyer. It is recommended to consult the loan officer of the loan bank in detail before applying for the loan, because the other party is your loan counterpart, has a better understanding of the lender's situation and policy requirements, and is more targeted to solve the problem.