1. What to do if your mortgage loan application is rejected

1. Repair credit record. If the loan is rejected due to poor credit record, the first thing the applicant must do is to repair it. Protect your credit history. Credit card usage records and loan records are constantly updated. If you continue to maintain a good credit record, the good credit record will cover up the previous bad credit records. Therefore, the role of the previous overdue records will become smaller. Moreover, when applying for a loan, banks and some financial lending institutions will only examine your credit record for the past two years, so as long as you maintain a good credit record for two years, the bad records two years ago will have no impact on your loan application. . 2. Change the loan method If the loan is rejected because the debt ratio is too high or the income is too low, the applicant can change the loan method and replace the credit loan with a mortgage loan and a guaranteed loan. Because credit loans rely on personal credit records without any mortgage or guarantee, banks and lending institutions bear relatively large risks, while mortgage loans and guaranteed loans are different. If the applicant provides collateral or guarantor certificate, Banks and lending institutions will feel that there is less chance that the loan will not be recovered, because even if the lender does not repay the loan, banks and lending institutions can still obtain repayment by auctioning the collateral or finding a guarantor, so even if your income is low , with a high debt ratio, banks and lending institutions are more likely to approve your loan application. 3. Complete the application information. If the loan is rejected just because the application information is incomplete, the problem is still easy to solve. Just complete the information and don't falsify, and your loan application will be approved.

2. What should I do if my loan is rejected? A few tips to teach you the perfect solution

The funds are urgently needed. Relatives and friends cannot borrow, so they can only pin their hopes on loans. Who knew but was told that the loan was not approved. I believe many friends have encountered this situation and don’t know what to do after being rejected for a loan. Below I will analyze the reasons why your loan is rejected and tell you what to do if your loan is rejected.

Reasons for loan rejection 1. Bad credit record If the applicant has an overdue or overdue credit card within two years, the overdue credit card record will be uploaded to the central bank's credit reporting center, resulting in bad credit Record. Of course, overdue loans or overdue payments will also affect your personal credit score. The reasons for inquiry of personal credit report include personal inquiry, credit card approval, loan approval, guarantee qualification review, objection inquiry, etc. In addition to personal inquiries, too many inquiries through other methods will affect your personal credit report. If a personal credit report is queried frequently by other methods besides personal inquiries, it will also affect the personal credit report. Therefore, if the above conditions that affect personal credit records exist, banks and lending institutions will consider the risk of lending to be relatively high. There is no doubt that the loan will be rejected. 2. The debt ratio is too high. Generally, the bank will approve the applicant's loan application only if the applicant's income is twice the debt. Although other lending institutions may not have as high a debt ratio requirement as banks, they will also require a reasonable debt ratio. Because if your debt ratio is too high, banks and lending institutions have reason to doubt your ability to repay. If banks and lending institutions grant loans to you, the risks borne by the banks will be greater. Therefore, banks and lending institutions have grounds to reject your loan application. 3. Incomplete application information Incomplete application information is one of the reasons why most friends’ loans are rejected. Because the authenticity and completeness of the information are the primary factors that determine whether you can get a loan. If you provide false information, banks and lending institutions will reject your application without hesitation after finding out through investigation, so don't take any chances. Of course, if the personal information filled in is incomplete and some necessary information is missing, banks and lending institutions will not approve your application.

What should I do if my loan is rejected? 1. Repair credit record. If the loan is rejected due to poor credit record, the first thing the applicant should do is to repair credit record. Credit card usage records and loan records are constantly updated. If you continue to maintain a good credit record, the good credit record will cover up the previous bad credit records. Therefore, the role of the previous overdue records will become smaller. Moreover, when applying for a loan, banks and some financial lending institutions will only examine your credit record for two years. Therefore, as long as you maintain a good credit record for two years, the bad records two years ago will have no impact on your loan application.

2. Change the loan method If the loan is rejected because the debt ratio is too high or the income is too low, the applicant can change the loan method and replace the credit loan with a mortgage loan and a guaranteed loan. Because credit loans rely on personal credit records without any mortgage or guarantee, banks and lending institutions bear relatively large risks, while mortgage loans and guaranteed loans are different. If the applicant provides collateral or guarantor certificate, Banks and lending institutions will feel that there is less chance that the loan will not be recovered, because even if the lender does not repay the loan, banks and lending institutions can still obtain repayment by auctioning the collateral or finding a guarantor, so even if your income is low , with a high debt ratio, banks and lending institutions are more likely to approve your loan application. 3. Complete the application information. If the loan is rejected just because the application information is incomplete, the problem is still easy to solve. Just complete the information and don't falsify, and your loan application will be approved. The above is a summary of the reasons why a loan is rejected and what to do if a loan is rejected. I hope this article can bring some help to those friends who are anxious for a loan but have been rejected.

3. What should I do if my Qilu Bank Easy e-loan is rejected?

1. Change the loan method. If the loan is rejected because the debt ratio is too high or the income is too low, the applicant can change the loan method and replace the credit loan with a mortgage loan and a guaranteed loan. If the applicant provides collateral or guarantor certificate, banks and lending institutions will feel that the possibility of the loan not being recovered is less, and the possibility of approval will be higher.

2. Complete the application information. If the loan is rejected simply because the application information is incomplete, the problem can be easily solved. Just complete the information and don't falsify, and your loan application will be approved. In addition, if the loan is rejected due to poor credit history, the first thing the applicant needs to do is to repair the credit record.

4. If the loan limit for house purchase is not enough, here are some tips to teach you how to obtain a high-amount loan

When applying for a loan to buy a house, you are afraid that the amount of money you get will not be as high as expected. When buying a house, some people's loan amount was "shrunk". At this time, home buyers can only piece together things, and they are lucky to be able to successfully buy a house in the end. In fact, there are ways to increase the personal loan limit. How is the bank mortgage limit determined? What should I do if the loan limit for buying a house is not enough?

What factors does the mortgage amount depend on?

1. Mortgage down payment ratio

The impact of applying for a down payment ratio usually cannot exceed the difference between the total price of the house minus the down payment. Down payment restrictions may vary between cities and non-restricted cities. It is recommended that home buyers fully understand the mortgage policies of the banks where they purchase their homes and choose the most appropriate bank to apply for a loan.

2. The borrower's repayment ability

The repayment ability mentioned here mainly refers to the borrower's monthly income, because monthly income most intuitively reflects the borrower's loan repayment The relationship between ability, loan amount and monthly income can refer to the following formula

3. House age

The age requirement for bank loans is usually 20 years, which is relatively strict. With only 15 or 10 years, the loan limit for second-hand houses with older houses may be reduced, or simply rejected by strict banks. It can be said that the shorter the age of the house, the easier it is to get a loan.

4. Personal credit report

Personal credit report can be said to be one of the important criteria for banks to consider borrowers. Good credit report is a prerequisite for obtaining preferential interest rates and loans. Some banks The loan credit record of the borrower within 2 years will be examined. Some banks will have discrepancies, such as serious bad credit records of 3 consecutive overdue periods and a total of 6 overdue periods.

5. Guarantee ability

Some banks will also examine the borrower's medical insurance, pension insurance, accident insurance, housing provident fund and other payment status, because these can already reflect the borrower's repayment ability from the side, among which medical insurance is more important. , pension insurance.

How to solve the problem if the approved quota is not enough to buy a house?

1. What should I do if it decreases?

Tips: You can consult other banks and apply at banks with relatively loose housing loan policies. You can buy a new house, apply for a loan, and get preferential interest rates.

2. What should I do if my income does not meet the bank’s requirements and I cannot obtain a full loan?

Tips: You can consider applying for a relay loan.

The fake father has not retired yet and his income is higher than the owner who bought the house. The bank will increase the loan amount based on the father and son. The following proportional relationship is: Xiao Ming’s monthly income, father’s monthly income >= monthly repayment amount X2.

3. All loan channels have been tried

If the approved mortgage amount is not much less than the expected amount, and you don’t want to apply for other loans and borrow money from relatives and friends to make up the difference.

When buying a house, buyers should apply for a loan based on their own financial situation, otherwise you may have to repay the mortgage and affect your life and that of your family