Ms. Xu, who was applying for a mortgage, also got her credit report as soon as possible. The result showed that there were three overdue repayments, which made Ms. Xu anxious, "I am applying for a loan now. I wonder if it will have any impact?”

In fact, many people have encountered similar situations. Everyone knows that an overdue credit card may affect the mortgage loan, but it is not clear to what extent an overdue credit card will affect the mortgage loan. The thoughtful home buying guide has also collected relevant knowledge for you.

Bank professionals explain that personal credit report is one of the reference factors for mortgage approval, because the credit report reflects the individual's credit awareness. Generally speaking, banks will refer to an individual's number of overdue payments in the past two years when approving a home loan. Generally speaking, if a spouse has made three consecutive overdue payments within two years, or a cumulative six overdue payments, they will not be able to obtain a loan.

It should be pointed out that the meaning of three consecutive overdue repayments is that, for example, the repayment period of a fund is one month and it has not been repaid for three consecutive months; and a total of six times, for example, it is overdue once and it has been repaid. ; Overdue occurred again, this happened six times.

In short, the role of personal credit is becoming more and more important, so you must pay attention to it. Be careful when using credit cards. If you are not careful, you may be implicated by credit cards. It is recommended that home buyers who plan to buy a house after marriage should bring their ID cards and other documents to the local People's Bank of China to check their personal credit records before marriage. Prepare for emergencies.

To what extent will an overdue credit card affect your mortgage?

Since Yangma launched the online credit inquiry method, many cardholders have checked their personal credit online. Report. Through personal credit reports, some friends see that they have overdue credit cards and are worried that it will affect the mortgage loan.

Although banks attach great importance to the borrower's personal credit, it does not mean that he cannot apply for it if he has a "stain" on his credit. For mortgage loans, whether the loan can be granted depends on the overdue situation.

The impact of overdue credit cards on the cardholder's mortgage loan application is divided into two types:

1. The mortgage interest rate will be increased. Or the loan ratio will be reduced

If the cardholder has overdue credit cards once or twice, and the overdue amount is not large and the overdue amount is repaid within a short period of time, the bank will still be willing to grant him a loan, but the loan interest rate will be The loan limit is increased or the approved loan limit is reduced.

2. The mortgage loan application is rejected.

If the cardholder makes three consecutive overdue payments within two years or a total of six overdue payments, the credit limit will be reduced. You cannot get a mortgage loan.

Everyone has clearly seen that the repayment period for credit card bills is one month. Failure to pay off the credit card bill for three consecutive months means three consecutive overdue payments; if the credit card bill is overdue once, it will happen again after the payment. If the payment is overdue, the total of six times is a total of six overdue repayments.

House Buying Guide Tips:

1. The cardholder forgets to repay the loan, so the application will be delayed. Short-term repayment. On-time repayment refers to the cardholder's repayment within three days of the latest payment date, which can be counted as on-time repayment, and overdue payments will not be recorded in the personal credit record.

2. If the cardholder repays the loan after the bank's grace period, he should immediately submit a "non-malicious overdue certificate" to the bank and apply to cancel the overdue record.

3. Credit card. Do not rush to cancel the card if it is overdue. It is understood that banks usually look at the repayment record of the past two years when approving a card. If the cardholder can continue to use the card after the overdue period, it will not have an impact on the mortgage loan applied for after two years. Big.

(The above answer was published on 2016-03-01, please refer to the actual relevant home purchase policies)

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