You can apply for a credit card during the mortgage loan application process. You can continue to use your credit card while applying for a home loan, but you must maintain a good repayment record. If credit card repayments are overdue, your personal credit report will be affected. When applying for a mortgage loan, your credit report will be reviewed. Overdue records will have a negative impact on your loan application.

Things to note when applying for a home loan

1. Be clear about the repayment method: The current repayment methods for bank home purchase loans are mainly equal principal and interest and equal principal. Everyone should choose a more appropriate repayment method based on their actual situation to reduce the stress of life. Although the interest on the equal principal amount is less, the monthly payment is high and the pressure is relatively high. The total interest for equal principal and interest will be higher, but the monthly repayment pressure will be less. You can choose the appropriate repayment method by comprehensively considering your own situation.

2. You can apply for deferred repayment: After the loan application to the bank is approved, the bank will release the loan into the account, and then the home buyer can start to repay the monthly repayment. Generally speaking, the home buyer only needs to Just repay the loan on time every month. However, if you encounter difficulties along the way and are unable to repay the loan on time, the home buyer can apply to the bank to change the loan term. If the lending bank agrees, the loan can be extended.

3. Be clear about the loan time: after the bank approves the loan, the money will not be transferred to the home buyer's account immediately. The bank will take time to review the borrower's information and loan limit. If you are eager to buy a house, Home buyers should ask their banks clearly, as there are situations where banks may wait a year before lending money if they are short of funds.

What are the requirements for applying for a mortgage without a job

1. The applicant must be over 18 years old and have full capacity for civil conduct. If parents buy a house for their minor children, they cannot get a loan.

2. Be able to provide proof of legal residence, such as household register, property fee/water and electricity bill payment slip, temporary residence permit, etc.

3. The personal credit is good, and there are no recent bad records in the credit report (banks generally check the customer's credit status in the past two years when approving a mortgage loan. If you are a married person, not only your credit report will be checked. If the spouse's credit is not good, it will also affect the mortgage approval).

4. Provide sufficient proof of income, such as bank statements, car driving licenses, certificates of deposit, etc. Although the client does not have a job and cannot provide pay stubs, social security deposit certificates and tax payment certificates can be used instead. Everyone needs to note that they must provide other financial and income information to prove their ability to repay the principal and interest of the loan on time, otherwise they will not be able to get a mortgage.