Does it matter if you use a credit card during mortgage approval?

it doesn't matter. You can use your credit card normally during the mortgage. However, attention should be paid not to use credit card for single large consumption during mortgage processing. A single large consumption may make the bank suspect that the lender will pay the down payment with the credit card limit, thus affecting the loan approval. Because the state has regulations that prohibit credit card funds from flowing into the real estate market.

According to the severity of overdue credit, it can be roughly divided into the following two situations:

1. Only one or two credit cards are overdue.

Generally, such banks will not refuse to lend, but it is possible to raise the loan interest rate appropriately, which is the first case mentioned above.

solution: property buyers can ask more banks, because if the mortgage interest rate of real estate cooperative banks is favorable, they can enjoy preferential treatment when applying for loans in some banks, just choose the one with the lowest interest rate.

2. The credit card is overdue for 3 consecutive times or 6 times in two years.

Generally speaking, when approving mortgage loans, banks will refer to the number of overdue loans in the past two years. Under normal circumstances, if one of the husband and wife is overdue for three times in a row or six times in total, they will not get a loan. It should be pointed out that the meaning of three consecutive overdue repayments is, for example, the repayment period of a sum of money is one month and it has not been repaid for three consecutive months; And accumulated six times, such as overdue once, also; Overdue happened again, and it happened six times.

Solution: Pay back the arrears in time when it is found overdue, and keep a good repayment record in the next 24 months, and cover the bad records with good records.

it is worth mentioning that if the cardholder forgets to repay, he/she should apply for timely repayment. Time-sensitive repayment refers to the cardholder's repayment within three days after the latest repayment date, which can be counted as timely repayment, and the overdue will not be recorded in the personal credit record. If the cardholder repays the loan after the time allowed by the bank, he should immediately submit a "non-malicious overdue certificate" to the bank and apply for cancellation of the overdue record. It is also feasible, provided that the amount is not too large. Usually, bad credit records will be retained by the central bank's credit information center for 5 years, and will be deleted after 5 years. However, once the credit stain occurs, even if it is unintentional, it will not be eliminated within 5 years, so I remind you to pay attention to your credit record.

does credit card (debit card) consumption affect mortgage?

If the consumption of credit cards (debit cards) is too high, resulting in an increase in personal debt ratio, it will affect the mortgage. However, the consumption amount of credit card (debit card) is not high, and the personal debt ratio has not increased, so the consumption behavior of credit card (debit card) will not affect the mortgage. Different users have different repayment ability, so whether the consumption of credit card (debit card) will affect the mortgage depends on the reply given by the bank.

when the bank thinks that the excessive consumption of credit card (debit card) affects the mortgage, it will ask the user to pay off the credit card (credit card) in advance before applying for the mortgage.

does the credit card affect the mortgage? Reveal the relationship between credit card and mortgage!

Now, people's requirements for living standards are increasing day by day, and the pressure of life is also increasing. In this case, people who need to spend in advance will apply for credit cards, while those who need to buy a house in advance will apply for mortgages. Some friends want to apply for a mortgage after handling the credit card. So, does credit card affect mortgage? Here, I will reveal the relationship between credit card and mortgage for everyone.

On the whole, credit card will affect mortgage, but the impact is both positive and negative. Therefore, we need to look at the relationship between credit card and mortgage dialectically.

positive impact

1. After you apply for a credit card, you will leave a lot of loan records in the process of using it. If everyone can always repay in full and on time, they will accumulate a lot of good records for themselves. In the future, when you apply for a mortgage, you will increase your trust because of these records.

2. If you apply for a mortgage in a bank that handles credit cards, it will be easier for you to apply for a mortgage, because a good credit card use record in the past will increase the trust of the bank.

3. After using the credit card, everyone will form a certain repayment habit, which is very beneficial to repay the mortgage in full and on time in the future.

negative effects

1. Some friends will be overdue in the process of using credit cards, or cash out in violation of regulations, and these bad records will appear in the central bank's credit information. In the process of applying for a mortgage, these credit stains will become a stumbling block for everyone to pass the loan review.

2. In the process of using credit cards, some friends will not only overdraw their consumption, but also handle some cash loans. These loans will greatly increase everyone's repayment pressure. If you apply for a mortgage when the loan has not been paid off, you are likely to be refused a loan because of insufficient repayment ability.

3. If you apply for a large number of credit cards, it will be considered abnormal by the bank, which will have a negative impact on the mortgage.

Generally speaking, credit cards will affect the mortgage, but the positive or negative impact depends on how you use credit cards. For people with good credit card use records, it will be easier to apply for a mortgage.

will it affect the mortgage during the use of the credit card?

1. As long as there is no serious overdue credit record or high debt, it will generally not affect the mortgage.

2. Cardholders must remember to pay back in time after spending their credit cards. Don't let personal credit information be affected because they don't pay back in time, and they can't approve loans for buying houses and cars because of personal credit information problems. Banks will comprehensively look at the borrower's personal income, bank flow, debt ratio, credit information and other aspects to examine the lender's credit, and also consider the loan amount of the borrower's overdraft debt. The higher the debt ratio, the worse the borrower's repayment ability, and banks will generally refuse to provide mortgages to people with high debts.