In real life, more and more parents want to buy real estate in the name of minor children.

There are several reasons: first, starting from taking care of children, consider the household registration problem of children going to school in the future; Second, parents' feelings are not harmonious, leaving a house to protect their children; The third is to worry about levying inheritance tax and transferring property to children's names in order to avoid tax; Moreover, many parents buy houses in the name of their children in order to avoid debts or hide property they don't want to expose. Whatever the reason, there is an upward trend for borrowers to seek loans from minor children to buy houses. Jia Wei Anjie reminded borrowers that from the bank's policy, minors under 18 cannot apply for loans from the bank as independent individuals.

According to the provisions of China's civil law, only people who have reached the age of 18 have the capacity to act, and only people with full civil capacity can apply for loans from banks. Judging from the loan conditions of banks, borrowers need to have a certain degree certificate, a relatively stable occupation and a high economic income when applying for loans from banks. Obviously, minors under the age of 18 do not meet the basic loan conditions of the bank and cannot apply for loans directly from the bank in their own name.

However, if minor children and their parents jointly apply for loans from banks, parents (or one of them) apply for loans from banks and make a pledge to repay the loans for their children and bear the notarization of joint and several repayment responsibilities, which is legally established, and some banks can accept their loan applications. However, if the property is sold before the child 18 years old, it will be troublesome to operate and it is very likely that it will not be sold. The professional mortgage consultant of "Jia Wei Anjie" suggested that the borrower should carefully consider borrowing money to buy a house in the name of minor children.

Unqualified over-age population

Banks have strict examination conditions when accepting borrowers' mortgage applications. In addition to restricting the loan eligibility of minors, older and over-aged people are not allowed to lend. At present, commercial banks stipulate that when applying for individual housing loans, male borrowers should not be over 65 years old and female borrowers should not be over 60 years old. Why there are such restrictions is mainly based on the average life expectancy in Beijing and the highest age of retirees. In the current tight monetary policy period, in order to reduce the bank's non-performing loan ratio and loan losses, it is also a way for banks to "protect themselves" by limiting the loan population within a reasonable range.

Personal credit qualification is poor

In addition to the above two types of "special" people, borrowers who meet the loan conditions are those who have poor personal credit qualifications and are most likely to be "rejected" by banks. With the improvement of the central bank's personal credit database, any bank in the country can check the borrower's personal information at any time, whether there are mortgage, car loan, consumer loan and repayment records. , even the borrower's work unit, contact information, identity documents, etc. It's all clear at a glance. According to the borrower's information in the credit database, the bank determines whether it is qualified to apply for a loan. "Jia Wei Anjie" professional mortgage consultant pointed out that in actual transaction cases, some borrowers did not pay attention to their usual personal credit records. For example, the credit card is overdue 100 times, and there are still many mortgages and car loans under the name. Such borrowers must say "no" when applying for a loan. Therefore, borrowers must pay attention to the "positive" accumulation of personal credit and protect their "second identity card".