They say that one of the most difficult credits to obtain is housing loans, this is because they are long-term obligations that involve a greater commitment on the part of the client and the financial entity.
This is why many times people are excited to apply for the loan and end up disappointed when they are notified that this time they have been rejected. To have a little clearer picture, these are the reasons why they tend to deny them:
If you do not have much time at work, what guarantees the bank that you can meet the payment of the fee during the 15 years of the mortgage? You may receive enough money monthly, but you need job stability so that your profile can have a greater reputation.
You may not know you had them until the time you had your credit evaluation but your credit will not be approved. These can be: A credit card that you no longer use but never canceled and continued to generate maintenance; Club or gym memberships that were not canceled and the fee was accumulated; delays in services (electricity or water); debts with mobile operators for old cell phone numbers, etc.
It is the most common reason. The financial institution has to make sure that its income level allows it to cover its expenses and at the same time the monthly fee without finishing so hanged. It is good to have different sources of income, so you will see that the situation is comfortable and that it will not look so short of money for the payment of fees.
In addition, that is why it is important to choose a loan that gives you installments of the appropriate amount that you can pay (neither as cheap as many interests are, nor so expensive that you can be late). To choose the entity with the appropriate quota you can use our comparator.
Now that you have the clearest picture, verify your situation and continue fighting for the dream of your own home.