Now many young people will buy their own wedding house. Some buy it before marriage and some buy it after marriage. Under their own economic conditions, many people will choose both husband and wife to buy a house with a loan. This situation is also common, which is also conducive to improving the pass rate of the loan. So what information does the father need to prepare to buy a house with a loan?
Even if the couple buy a house with a joint loan, only one of them can become the main lender. During face-to-face signing, the bank loan officer will ask which of the husband and wife is set as the 'lender' and which is set as the 'co lender' to participate in the repayment. The bank will select the main lender and sub lender according to the actual situation, which is generally analyzed from the aspects of income, credit investigation and age.
Generally, the income of the main lender is higher and more stable. The bank will evaluate the repayment ability of the applicant through the income certificate or bank flow. Therefore, when signing face-to-face, it is easier for the bank to approve the loan by taking the party with high and stable income as the main lender.
The bank will check the personal credit of both husband and wife before lending. The bank will take the party with good credit investigation as the main lender, because when the husband and wife buy a house with joint loan, as long as there is a problem with one party's credit investigation, it will affect the mortgage approval. In particular, if there is a problem with the credit investigation record of the main lender, the bank will not accept the loan application. If the credit investigation of the main lender is good and the 'co lender' has some credit investigation problems, but they have been solved later, this will not affect the bank's lending.
In addition, when the income and credit investigation are almost the same, the main lender should choose the younger party. The younger the main lender is, the longer the loan term will be obtained.
Materials to be prepared for husband and wife's joint loan to buy a house:
(1) ID card and household registration of both husband and wife;
(2) Marriage certificate of the borrower;
(3) The borrower's income certificate;
(4) Purchase contract and down payment receipt.
What problems should be paid attention to when handling the joint loan of husband and wife to buy a house:
(1) If the husband and wife apply for a house loan from the bank, the husband and wife need to be present when applying for a loan, because the bank needs to investigate the personal qualifications of the borrower and the husband and wife, and they need to sign for handling relevant procedures.
(2) When handling the transfer procedures, both husband and wife need to be present and sign for confirmation. If they are unable to be present, they must also go through the notarization and collection entrustment procedures, and explain the relevant matters clearly.
It should be noted that when signing the housing loan contract, the bank will require the borrower to buy a comprehensive housing mortgage insurance, which is from the perspective of risk control.