If you have debts on credit cards, you have to pay the full amount every month. There are also debts on small loans and they are paid in installments every month. Generally speaking, they are not overdue. Can I apply for a mortgage now?

Hello, a good credit record for credit cards and small loans will not affect your application for a home loan. On the contrary, the bank can check your good credit record through the credit reference center.

1) When a bank applies for a mortgage, it will mainly look at the income certificate and bank statements you provide, which is usually more than 1.5 times the mortgage repayment.

2) It will also go through the credit reference center. Review your overall credit card and loan history while applying for a mortgage loan comprehensively.

3) Generally speaking, for a mortgage, you have to mortgage your house to the bank, and the bank doesn’t have to worry about you not being able to repay it.

4) Before the mortgage loan is successfully disbursed, it is recommended that you do not check your credit report casually, and do not apply for new credit cards or small loans.

Hope it will be adopted, thank you.