What do you mainly look at when buying a house to check credit information?
1. Is there any overdue record and how many times?
If the borrower's credit history is overdue recently, banks or lending institutions will basically not pass the borrower's loan application, not to mention the number of overdue times.
2. What about the debt? Is it tall?
The credit report will record people's information about handling credit cards and loans, so banks or lending institutions can know how the borrower's liabilities are by looking at the credit report. If the debt is too high, banks or lending institutions may suspect that the borrower's repayment ability is insufficient and may refuse the borrower's loan application.
3. The number of recent inquiries about credit reports.
The credit report will show which banks and lending institutions have recently inquired about the user's credit report and why. Therefore, if there are many inquiries in the credit report, and most of them are inquired because of applying for credit cards or loans, banks or lending institutions may think that the borrower's economic life is not stable enough, thus rejecting the borrower's loan application.
Matters needing attention for couples to buy a house
1. Identify the main lender
If the husband and wife jointly borrow money to buy a house, they should be divided into the main lender and the sub-lender. Who should be the main lender should not be influenced by past ideas. Buyers need to choose according to the actual situation of their families. Generally, the main lender should choose the party with higher and more stable down payment, which is convenient for lending a higher amount. In addition, when determining the main lender, it depends on the age of both husband and wife. If the age gap between husband and wife is relatively large, it is recommended to choose the younger party as the main lender.
2. Agree on the share of real estate in advance.
If the husband and wife jointly borrow money to buy a house, it is best to determine the division of real estate share in advance. If it is only a verbal promise, when the relationship between the two sides breaks down, it is very likely that it will not be realized. Preferably a written agreement. If the husband and wife jointly borrow money to buy a house, if they choose to own it together, then both husband and wife enjoy equal ownership. If you choose to share, you need to divide it in advance and indicate it on the real estate license.
3. Make a purchase budget in advance.
Husband and wife should carefully calculate how much money can be used to buy a house at present. When buying a house, they should also take into account various taxes, insurance, maintenance funds and a large number of subsequent decoration expenses to avoid the embarrassment of insufficient funds.
4. Both parties attend together.
If the husband and wife jointly borrow money to buy a house, they need to sign by both parties when going through many formalities. This is not a question of trust or distrust, but a joint application in the name of husband and wife. For example, when signing a house purchase contract and handling bank loan procedures, the bank will inspect the qualifications of both husband and wife, and must also sign at the same time when handling relevant procedures. Moreover, in the process of buying a house, if both husband and wife are present, it is helpful to combine their opinions to choose a good house.