Tag: mortgage

As inflationary pressures and mortgage burdens increase, the number of people with dual mortgages is increasing year by year. Improving your credit score can reduce the stress of future loans, and the key is good credit card utilization and repayment habits. This article provides three practical methods: increasing the credit card limit, keeping old credit cards to extend the credit age, and cautiously applying for new credit cards to help readers reduce credit card utilization and ultimately achieve better loan conditions.

Recently, many people have privately messaged me because 34 banks were invited to drink coffee by the government a few days ago, causing everyone to panic and ask what should I do if they are really stuck in getting a loan for buying a house? After learning about it in detail, I found out that many of them are not really unavailable, but the loans are ugly!

As long as you buy a house for a higher price than your old house within two years after selling your house, you will be eligible for the tax refund for trading in a larger house. That overtax that sounds so scary will be written off immediately. dropped. This is the secret why rich people buy bigger and bigger houses! Because as long as I sell my original house and buy a more expensive and larger one, I can keep switching like this during the grace period. Directly, I will only pay interest forever, and I won’t be taxed heavily.

Driven by the New Qing'an Loan Plan, the direct housing market prices soared, and many banks approached the lending warning line of 28%, resulting in stricter lending. This is because Article 72-2 of the Banking Law limits the loan limit to no more than 30% of the total amount of deposits and financial bonds. Now buyers are responsible for higher interest rates and down payments. It is recommended to negotiate with the builder in advance to delay payment or change banks to avoid loan failure.