Can I apply for a housing loan if I have a credit card?

Yes. Mortgage and credit cards are closely linked: If you have a mortgage, you don’t even need to provide other information except your ID card when applying for a credit card. The bank's idea is simple: if you have a loan, it means you have collateral or a very potential customer. The approval standards for applying for a credit card are far less stringent than those for applying for a loan. Once the loan has been approved, the credit card center will issue the card directly without further review. The limit depends on the loan amount, which is generally higher than without a loan.

The impact of credit card overdrafts on housing loan processing

The first type is a normal overdraft of the credit card without overdue payment; the second type is a malicious overdraft of the credit card and poor credit.

1. Normal credit card overdraft, no overdue payment

The main function of a credit card is overdraft, that is, "spend first, pay back later". At present, more and more people are applying for credit cards, and some people even apply for more than five credit cards.

However, having too many credit cards is a very dangerous thing, and overdue repayments may occur if you are not careful.

What needs to be reminded is that when applying for housing loans, car loans and other loan products, those with overdue repayment records often face the consequences of "bank disapproval". Those who hold a small number of cards, use their credit cards normally, and have no overdue records will not have much impact.

2. Malicious credit card overdraft, poor credit

Malicious credit card overdraft means that the cardholder overdrafts beyond the prescribed limit or within the prescribed period for the purpose of illegal possession, and the card-issuing bank has twice Failure to return the money more than 3 months after collection.

Generally speaking, malicious credit card overdraft behavior will leave a bad credit record in the card-issuing bank and affect the cardholder's personal credit.

If the amount is larger, it also involves illegal crimes and faces imprisonment.

The possibility of successful mortgage loan application for this group of people is almost zero.

House purchase bank loan

1. Required conditions for borrowers

1. Natural persons aged 18-60 years old (Hong Kong, Macao and Taiwan, mainland and foreigners are also acceptable) )

2. Have a stable career, stable income, and the ability to repay the principal and interest of the loan on time

3. The actual age of the borrower plus the loan application period should not exceed 70 years old

2. Materials that the borrower should provide

1. Identity cards, household registers of both spouses/temporary residence permit and household register for foreigners

2. Marriage certificate/divorce certificate Or 2 copies of the judgment/certificate of single status

3. Proof of income (in the format specified by the bank)

4. A copy of the business license of the unit (with official seal)

< p>5. Credit certificate: including academic certificates, other real estate, bank statements, certificates of deposit, etc.

6. If the borrower is a corporate legal person, it must also provide an annual inspection business license, tax registration certificate, organization Organization code certificate, articles of association, and financial statements.

3. The house seller should provide materials

1. ID cards of both spouses, household register, marriage certificate (marriage certificate or single certificate)

2. Real estate certificate

When applying for a mortgage, you need to provide a bank statement. Can a credit card statement be accepted? Does it need a bank stamp to be valid? Can I print it out myself?

Usually you need a statement from a debit card. Credit card is a consumption statement. The bank statement must be stamped by the bank to be valid. Printing it yourself will not be effective.

Bank statements are commonly known as bank card deposit and withdrawal transaction statements, also known as bank account transaction statements. It refers to the list of deposit and withdrawal transactions that occurred between the customer and the bank within a period of time.

When applying for a loan, bank statements are an essential supporting document. To apply for a loan, the borrower needs to provide 6 months of bank statements. However, some lending institutions only need to provide 3 months of bank statements. Yes, then, why do you need to provide bank statements when applying for a loan?

Banks lend money with the expectation that all principal and interest will be recovered when due. Then, when lending money, the bank will provide bank statements from the applicant for inspection. This is because personal bank statements reflect the income, consumption ability and even consumption habits, tax status, etc. of the person applying for the loan.

When applying for a loan, banks generally require applicants to provide complete bank statements for the past six months. The main purpose is to check the applicant's income, how much is the monthly income, how much is the expenditure, and whether the income and expenditure are balanced. . Then decide whether to lend and how much to lend based on this situation.

Of course, whether you can apply for a bank loan depends not only on your personal bank balance, but also on many other factors, such as the applicant's credit rating, whether there is any mortgage and debt, etc. . In addition, although people from different professions have the same income situation based on their bank statements, it is possible that the final evaluation results will be different. For example, compared to the teaching profession, the sales profession lacks stability.

Can the bank loan statement be a credit card?

No

1. The borrower’s practice of using credit card statement instead of bank statement is not recognized by the bank , more directly, it is impossible to get a loan from a bank.

2. During the review, the bank focuses on the borrower's future repayment ability. From this perspective, the conditions reflected by bank statements and credit card statements are essentially different. Bank turnover refers to the borrower's income, which can reflect the borrower's repayment ability, while credit card turnover can only reflect the borrower's consumption.

Can credit card statements be used for a home loan?

When applying for a home loan, credit card statements are not required. If the credit card limit is too large and there are always overdue payments, it will affect the application for a housing loan.

Does it matter whether the loan salary flow and credit card repayment record have any impact?

It will have an impact.

Your bank serial number also contains repayment records, so when you take out a home loan, your credit report will be reviewed. If there are too many loan records in your credit report, you may be subject to However, as long as you have no overdue records, the loan may be approved.

The first prerequisite for a loan is that the personal credit report is good. If the credit report is bad or has been spent, the loan will definitely be rejected during the loan review. Therefore, maintaining a good personal credit record is an important prerequisite for a loan.

This is the end of the introduction about whether the credit card flow can be used to get a loan and whether the credit card flow can be used to buy a house loan. I wonder if you have found the information you need?