Mortgage lending despite credit bureau entry
Home purchase and a credit bureau score of 73 percent Forum Finance & Profession. You can not get a loan because the entry is in it three years after disbursement. The only way is that your husband picks up the mountain of debt alone. Otherwise, you must wait until the entry is removed. Hello, I think that depends on the situation. 73% means a credit risk of more than 25% (!) For the house bank, that you can no longer afford to serve the customer (and your husband’s money is of course not enough, so this is actually the default risk).
Why did not you ask at the house bank?
This is quite a risk – I think you would normally have a serious obstacle if you wanted to get the loan amount. It would be better to get a rejection immediately, rather than having any hope at all. Although most of them probably commute between “the question is serious” and “looks bad” – it can be different in each case.
Especially if the 27% default risk is not a real bank risk, because it could sell the building in case of doubt (for you, of course, this would be a risk, but the banks are not interested) and only a part is financed with debt – the risk of loss would be natural even lower, if you just do not pay anymore.
Usually, though, if his salary for the loan would not be enough – then it’s pretty bad. Unfortunately, my friend also has a credit bureau entry. However, we did not succeed with another house bank. As long as the entry exists, it looks pretty bad. Since we inquired and would have received by purchasing a certain amount without any problems – on behalf of my father.