1. Impact of credit rating on mortgage application: Overdue records will have a negative impact on personal credit rating. When banks review mortgage applications, they usually determine the mortgage amount and interest rate according to the applicant's credit rating. Overdue records may lead to a decline in credit rating, thus affecting the amount of mortgage loans and interest rates.
2. Timeliness of credit records: Credit records are generally kept for five years, that is, banks and institutions can also check your credit records within five years. Although the overdue record of three years ago has not been completely erased, its influence on credit rating has gradually weakened with the passage of time.
3. Other influencing factors: In addition to the credit rating, the bank will also consider other factors of the applicant, such as job stability, income level and repayment ability. If the applicant performs well in these aspects, the bank may be more willing to approve the mortgage and reduce the impact of overdue records.
To sum up, you can still apply for a mortgage even if you have a credit card overdue record three years ago. Overdue records will have a certain impact on the personal credit rating, but you can't completely reject the mortgage application. Banks will also comprehensively consider other factors, such as job stability, repayment ability, etc., to evaluate the credit situation of individuals.
Extended data:
According to relevant reports, for individuals with good credit records and strong willingness to repay, the CBRC once said that "one-year-old children can also borrow money to buy a house". This shows that even if there is a certain overdue record, as long as the overall credit status is good, individuals still have the opportunity to apply for mortgages.
It should be noted that the above description is only aimed at the situation in China, and the credit regulations and specific policies of other countries may be different. Before applying for a loan, it is recommended to consult a bank or a professional to understand the local credit policies and requirements.