And what everyone needs to pay attention to is that buying a house requires a lot of money, even if it is only a 30% down payment, the amount will not be small. After customers use credit cards, the debt ratio will inevitably rise, and banks will not lend money easily when they find that customers have too much debt.
Therefore, if customers want to get a mortgage smoothly, don't use a credit card to pay the down payment, and don't use the funds obtained from the loan to pay the down payment, otherwise the consequences will be the same. If the money is not enough, you can find your spouse, parents and other immediate family members to raise funds, so that the other party can also participate in the loan, and then pay the developer after the other party transfers the money.
How do banks judge where the down payment comes from?
When a bank lends money, it mainly judges the source of the down payment from the following aspects: proof of running water, receipt of down payment and bank card under its name. The down payment must be provided by the customer's own funds or immediate family members, not loan funds.
Once the bank finds out that the money paid by the customer when paying the down payment is a loan or a credit card withdrawal, it is likely that the bank will worry that the customer will cheat the loan, and will think that its economic life is unstable and it does not have enough repayment ability, so it will directly refuse to approve the loan. If it is found that the loan has been issued, the bank will immediately terminate the contract, recover the money and ask the customer to pay it off in one lump sum.
In order to prevent customers from paying the down payment with the funds from loans, some strict banks also stipulate that customers must settle the loans added within half a year, provide proof of settlement, and no new liabilities are allowed before lending. Also, the submitted running water shall not show the words "loan or loan, trust company, financing institution".