Information > General articles > Buying Loan Guide > Property News >  text

Some banks in Chongqing suspend the processing of second-hand housing loans

Time: 2013-09-16         Source: Chongqing Business Daily         Author: Anonymous
Recently, it has been learned from the Chongqing Commercial Bank and real estate agents that some banks have suspended acceptance due to tight bank credit linesSecond-hand housing loan. This may lead to a decline in the price of second-hand housing in Chongqing, and now a number of real estate agents in Chongqing are trying to run the "Express Loan" business.

The impact of the tight liquidity of the banking system does not seem to be over. After delaying the lending time of first-hand houses and selectively raising the loan interest rate of the first-home suite, the banks started to use second-hand housing to “knife”. “I had planned to purchase a second-hand clean room to use as a wedding room. Unexpectedly, when I went to a state-owned bank to apply for a loan, I was told that it was temporarily unable to provide a loan,” said Peng Xiaojing, who lives in Shiping Bridge, Jiulongpo District, Chongqing. In desperation, they had to find friends and family to pool the money to pay the house money once.

"Now backlogOne-handed house loanThere are already many application forms, and loans for second-hand housing can only be placed on hold. According to the person in charge of the loan department of a large state-owned bank in Chongqing, starting from July this year, the application for second-hand housing loans has been slowed down, and second-hand mortgages have been temporarily suspended. Then, from various real estate agencies in Chongqing, at least two are currently The Commercial Bank of China has suspended second-hand housing loans and has no longer received applications for second-hand housing approvals.

Although some banks are still accepting applications for mortgage loans, some commercial banks have been more difficult to apply for mortgage loans and have increased the interest rate on second-hand housing loans. “At present, second-hand housing loans of banks, even if the first set of loan interest rates tend to go up 5%, and some banks are tightly credited. In the case of second-hand housing loans, they only cooperate with customers with better qualifications.” Mr. Liu, director of real estate agency's mortgage business department, said. “Second-hand housing loan interest rates have risen more and more, and generally need to rise about 5%.” The person in charge of the credit loan department of another joint-stock bank in Chongqing confirmed that apart from having risk control considerations, it is also to control the loan application after raising the threshold. Rhythm.

In the context of tight quotas, why did the bank only suspend second-hand housing loans and did not suspend primary mortgages? In the view of Chongqing’s commercial banks, there are considerations of interest in this, but also reflect from the side that banks pay more attention to asset quality.

“After the tight liquidity incident at the end of June, the bank’s awareness of risk control will intensify, and it will more strictly control the risk window of mortgages.” According to a person from a commercial bank in the city, in the first half of this year, state-owned banks issued mortgage loans more fiercely, and naturally in the second half of the year. It will adjust the credit structure.

In fact, the quality of bank assets has begun to appear. According to the 2013 mid-list report of listed banks, the balance of non-performing loans of 16 listed banks reached 440 billion yuan, an increase of nearly 40 billion yuan compared to the end of 2012. In addition to the four major banks, from the end of 2011 to the remaining 12 banksNon-performing loan rateThe balance of non-performing loans was doubled.

Another person from the Credit Department of a commercial bank revealed that after experiencing the liquidity crisis in the first half of the year, banks have made more stringent assessments of loan-to-deposit ratios. With limited resources, banks are more willing to use the money in other loan categories. Understand that, relatively speaking, the mortgage business is not "cost-effective", the mortgage benchmark interest rate is the mainstream, while the average small business loan interest rates should be based on the benchmark interest rate floating 30% to 40%. In addition, the loan life of home loans is very long, but business loans can generally be recovered in 2 to 3 years.

“Compared to second-hand house loans, the amount of first-hand house loans is generally higher, and the property is more valuable. At the same time, developers of first-hand houses generally have development loans and salary annual accounts with banks, which can generate survival funds. Therefore, the bank is more willing to tighten the second-hand housing loan to guarantee the issuance of first-hand house loans," said the person in charge of the credit loan department of a joint-stock bank.

“This will also affect the trading volume of second-hand housing to a certain extent, or it will prompt the price of second-hand housing to decline.” Mr. Zhang, head of another real estate agency transaction department in the city, said that it was because the person who bought the house refused to promise in the contract. At the time of the specific payment, the sellers rushed to get the money. Recently, the company had several orders that had already reached a good price.

“Because of the uncertainty of the loan, some landlords now hope that the purchaser can make a one-time payment, so they will make appropriate concessions on the price.” Miss Zhong, second-hand house sales manager, said, “There is a 120-square-metre river-view room on Nanbin Road. The landlord's asking price is 1.1 million yuan. If it is a full-cost house, it can be reduced to 1.05 million yuan."

"Some medium and small second-hand housing agencies may be subject to a greater impact." Real estate agency stakeholders, the general real estate intermediary intermediary banks are relatively wide, you can "the East is not bright in the West." Moreover, a number of real estate agents in Chongqing are now trial running the "Express Loan" business, that is, after the buyers and sellers have completed the transfer, the real estate agency came forward to seek funding, and the management of the property will be paid to the seller first. At the same time when the transfer was made, the owner received the final payment, which was basically a full transfer.

    You may need these loans

    House loan

    Mortgage records for loans

    500000

    Maximum amount

    0.89%

    Minimum monthly interest rate

    1 day

    Fastest loan time

    apply immediately

    Redemption loan

    Mortgage, help selling room

    6.5 million

    Maximum amount

    2.20%

    Minimum monthly interest rate

    30 days

    Fastest loan time

    apply immediately

    House loan

    Home mortgage, good capital turnover

    10 million

    Maximum amount

    1.20%

    Minimum monthly interest rate

    7 days

    Fastest loan time

    apply immediately

    Decoration loan

    Buy house renovation loan

    500000

    Maximum amount

    0.37%

    Minimum monthly interest rate

    1 day

    Fastest loan time

    apply immediately
    Save this post to my email
    Subscribe to the mortgage, real estate news

    Scan it to make buying a house easier!

    Welcome to pay attention to financial 360 mortgage
    Official Wechat (Fangdai123)

    【Exclusive Manuscripts and Disclaimer】 All works marked as “Future 360 ​​Original” must be reproduced, excerpted or otherwise used by any entity, organization or individual without authorization in writing. Has been authorized in writing, indicating the source melts 360. Violations of the above statement inflicted violations of the legal rights and interests of 360 will be legally pursued. The materials and conclusions in the work are for reference only and do not constitute operational recommendations. For written authorization, please email: academy@rong360.com

    Comment list (User comments are only for users to express personal views, does not mean that this site agrees with their views or confirms their description)
    you may also like
    • Chongqing: tight quotas Some banks suspend second-hand mortgages  According to news from Chongqing, under the influence of the tight liquidity of the banking system, after the first-hand house lending time and the option of raising the mortgage interest rate, the bank has started to take second-hand housing. After learning 360 phone calls, it was learned that due to tight bank credit, some banks have already Suspend second-hand housing loan...
    • Some banks in Chongqing suspend their mortgages  On February 24, Liao Shujiang of Chongqing Yayu Technology Co., Ltd. came to the Shapingba Sub-branch of Minsheng Bank to consult mortgage loan business and was told that the mortgage loan business had been completely suspended. I began to think that I had stopped the second house loan. As a result, the first suite was not even given a loan. She said with some worries that if the silver...
    • December Home Loan Policy in Chongqing: Many banks suspended second-hand housing loans  The financial monitoring data show that due to the lack of total credit facilities at the end of the year, many banks in the Chongqing area, including Bank of China, Agricultural Bank of China, China Construction Bank, and Industrial Bank of China, have no credit available. After the approval of the new loan application, the customer must wait until Only next year can get lending...
    • Many banks in Changchun suspend second-hand housing loans  Recently, the financial online search platform Financial Research Institute 360 ​​launched the "China's mortgage market monthly analysis report", the report said that after investigating the mortgage loan products and 360-user inquiry behavior of nearly 500 banks in 32 key cities across the country, the report found that Only 6.4% of the country...
    • Impact of money shortage: Some banks in Shenzhen have been suspended for loans  Recently, bank tightness has become the general consensus of the market. However, the central bank seems to be unmoved. The latest news is that the central bank requires some large commercial banks to arrange enough positions in advance to ensure normal payment and settlement, and to make reasonable and reasonable demands on assets...

    Buying a home loan

    House loan

    Mortgage records for loans

    Redemption loan

    Mortgage, help selling room

    House loan

    Home mortgage, good capital turnover

    Decoration loan

    Buy house renovation loan