It is not necessary to pay off all the overdue credit cards when handling the mortgage. Whether the credit cards are paid off has little impact on the mortgage, as long as the personal credit is good, meets the loan conditions of the bank, has sufficient assets and financial resources, and can repay the loan principal and interest on schedule. However, if the minimum repayment has been made, the bank will also consider the repayment ability of the lender, so the loan amount may be reduced.

The factors that affect the approval of mortgage mainly include:

1. Natural conditions: including age, household registration, family structure, education, occupation, position, working hours and housing conditions, so as to evaluate whether the lender has basic loan qualifications.

2. Liquidity category: It includes four categories: annual household income, net household income, household financial assets and other assets, so as to evaluate the repayment ability of the lender.

3. Support ability category: including medical insurance, endowment insurance, accident insurance and housing accumulation fund. Among them, banks pay more attention to medical insurance and endowment insurance, that is, whether lenders will have a significant impact on loan repayment due to sudden illness or natural death.

4. Deduct items: If the lender's credit record shows that there are bad debts, or the lender has been sued for defaulting on the loan, and has a criminal record, it will greatly affect the lender's mortgage application.

how to apply for a loan?

1. When choosing real estate, we should focus on this aspect. When buyers learn that some projects can apply for mortgage loans in advertisements or through the introduction of sales staff, they should further confirm whether the real estate developed and built by developers has won the support of banks to ensure the smooth acquisition of mortgage loans.

2. After confirming that the property you choose is supported by the bank mortgage, the purchaser should know the bank's regulations on the mortgage loan support for the purchaser from the bank or the law firm designated by the bank, prepare relevant legal documents and fill in the Application Form for Mortgage Loan.

3. After signing the house purchase contract and obtaining the payment voucher, the purchaser will sign the Building Mortgage Loan Contract with the developer and the bank with the relevant legal documents stipulated by the bank to specify the amount, term, interest rate, repayment method and other rights and obligations of the mortgage loan.

4. For the forward delivery house, the mortgage change registration shall be handled after completion. Under normal circumstances, due to the relatively long mortgage loan period, banks require buyers to apply for life and property insurance to prevent loan risks.

5. The bank confirms that the property buyers meet the mortgage loan conditions and fulfill the obligations stipulated in the Building Mortgage Loan Contract. After handling the relevant formalities, the loan will be transferred to the bank account opened by the developer in the bank at one time as the purchase price of the purchaser.