Many people need loans to buy property, but it is not easy to choose a good bank, after all, because of the magnitude of the loans and the high demand for interest rates and quality of services. During the purchase phase, some may have chosen a bank for a loan, but there is a sudden emergence of a better bank before the loan is released, at which point consideration needs to be given to the possibility of changing the bank。

Is there any other bank in which the mortgage is unlending

I. Contractual agreement

In commercial loan contracts, there are provisions for default, early repayment, etc., and may also include provisions for bank change. Prior to the non-lending of the loan, it is generally stated in the contract entered into that a loan may be made in another bank, if it meets certain criteria within a specified time period. It was therefore important to read the contract carefully in order to avoid unnecessary complications。

Banking policy

There are different policies for mortgages in different banks, some of which provide for a change of bank within the period of the loan, while others require that no change be made before the loan is made, otherwise some default will arise. Therefore, it is important to know each other ' s bank policies before changing banks in order to avoid subsequent economic losses。

III. TRANSFER

In the case of a change of bank before a loan is unlending, attention needs to be paid to the impact on personal credit records. The personal credit centre will record personal bank loans, credit cards, overdues, etc., and if the bank's creditworthiness is exceeded or the bank is changed frequently, it will seriously affect the individual's credit line and apply for other loans。

IV. Question of repayments

If the loan is unloaned and the change of bank is relatively simple, it is only necessary to resubmit the loan material. However, if the loan had been disbursed, the repayment would have to be considered. At this point, the full amount of the previous loans will need to be repaid before new loans can be made. In this process, consideration will have to be given to whether the previous loan was pre-repayable default, and if so, it will need to be well prepared for early repayment。

In the light of the above, loans may be made by another bank before the mortgage is released, but attention needs to be paid to such factors as contractual arrangements, banking policies, personal credit records and repayments. At the same time, if a decision is taken to change banks, it is important to have a comprehensive understanding of each other ' s banks ' policies and information, so as not to lose quality credit opportunities because they are unfamiliar。