Credit cards can be phased during the mortgage approval period. Because during the mortgage approval period, the installment function of the credit card is not affected. However, whether the credit card can be divided into stages mainly depends on whether the credit card status is normal and whether the installment amount meets the installment standard. As for whether the user is applying for a mortgage or other loans, it will not affect the credit card installment. Of course, during the mortgage approval period, credit cards must be repaid on time.

Once the credit card is overdue, it may directly affect the result of mortgage approval. If the mortgage approval fails, the user needs to resubmit the mortgage application.

Mortgage approval failed to refund the down payment

If the bank refuses to lend because the developer does not have a pre-sale permit, or because the existing house cannot be used, then the buyer can ask the developer to refund the down payment and deposit. If the bank refuses the loan because the information provided by the buyer is untrue or the buyer's credit record is poor, then the buyer shall bear the liability for breach of contract.

In addition, if the loan that buyers should get cannot be realized because of changes in government policies or bank regulations, then buyers should negotiate with developers. Of course, the probability of this situation is basically very small.

According to Article 23 of the Interpretation of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Disputes over Commercial Housing Sales Contracts:

According to the agreement in the Commodity House Sales Contract, the buyer pays by secured loan. If the commercial housing sales contract cannot be continued due to one party's fault, the other party may request to terminate the contract and compensate for the losses.

If the commercial housing secured loan contract cannot be concluded due to reasons not attributable to both parties, and the commercial housing sales contract cannot be continued, the parties may request to terminate the contract, and the seller shall return the principal of the purchase price and its interest or deposit to the buyer.