Hello!
I tried searching around but couldn’t find anything matching my question, so I figured I’d ask here.
Starting of with the question: Has anyone been able to get a better interest rate by reapplying for the same house loan a couple of months later?
Recently I was preliminarily approved for a house loan with SMBC at a fixed rate of 3.1%. They said that choosing variable was not an option in my case.
I currently have a couple of things that I think affects the result:
• Non-PR (Currently long term residence with 5 year visa, recently renewed)
• About 1 million yen in other loans
• 1 late payment for a credit card on record (record will expire next year)
What I am hoping is that getting rid of the other loans would help, but the late payment might end up being the biggest problem.
(As for applying to other banks, my current options would most likely only be SMBC, Shinsei, Suruga or Tokyo Star Bank. Prestia or some local bank are not an option)
by SvenskaPolitikern