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Some banks in Chongqing suspended the acceptance of second-hand housing loans

Time: 2013-09-16         Source: Chongqing Business Daily         Author: Anonymous
Recently, I learned from Chongqing commercial banks and real estate agents that some banks have suspended the acceptance of second-hand housing loans due to tight bank credit lines. This may lead to a decline in the price of second-hand housing in Chongqing, and now many real estate agents in Chongqing are trying to run the “fast loan” business.

The impact of the liquidity of the banking system did not seem to end. After delaying the first-hand house lending time and selectively raising the first-home loan interest rate, the bank began to take second-hand housing “moving the knife”. "I was going to buy a second-hand clean water room for wedding rooms. Unexpectedly, when I went to a state-owned bank to apply for a loan, I was told that I could not provide a loan for the time being." Peng Xiaojing, a citizen who lives in Shipingqiao, Jiulongpo District, Chongqing, said. In desperation, I had to find friends and relatives to collect the money and pay the house in one lump sum.

"There is already a lot of backlog of loan applications for the first-hand housing loans. For second-hand housing loans, it can only be put on hold." The person in charge of the personal loan department of a large state-owned bank in Chongqing revealed that since July this year, applications for second-hand housing loans have been suspended. So far, second-hand mortgages have been suspended. Then, from the various real estate agents in Chongqing, at least two commercial banks have temporarily suspended second-hand housing loans, and they have no longer accepted applications for second-hand housing approval.

Although some banks are still accepting mortgage applications normally, some commercial banks have made it more difficult to apply for mortgages and have raised the interest rate on second-hand housing loans. "At present, bank second-hand housing loans, even the first set of loan interest rates tend to rise by 5%, and some banks have tight quotas. In terms of second-hand housing loans, only for qualified customers." Mr. Liu, the business director of the real estate agency loan department, said. “The interest rate of second-hand housing loans has risen a lot, generally needs to rise by about 5%.” The person in charge of the personal loan department of another joint-stock bank in Chongqing confirmed that this is in addition to controlling the risk, it is also to increase the threshold to control the loan application. Rhythm.

In the context of tight quotas, why did banks only suspend second-hand housing loans without suspending first-hand housing loans? In the view of commercial bankers in Chongqing, in addition to the consideration of interests, it also reflects that banks pay more attention to asset quality.

“After the liquidity crisis at the end of June, the bank’s awareness of risk control will be strengthened, and the risk window of mortgages will be more strictly controlled.” A commercial bank in the city revealed that in the first half of this year, state-owned bank loans were issued in a relatively fierce manner. The credit structure will be adjusted.

In fact, the quality of bank assets is already on the rise. According to the 2013 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 with the end of 2012. Except for the four major banks, the non-performing loan ratio and non-performing loan balance of the other 12 banks have both risen from the end of 2011 to the present.

Another commercial bank credit department revealed that after the liquidity crisis in the first half of the year, the bank's assessment of the deposit-to-deposit ratio was more stringent. Under the premise of limited resources, banks are more willing to spend money on other loan categories. It is understood that, relatively speaking, the mortgage business is not “cost-effective”, the benchmark interest rate of the mortgage is the mainstream, and the average small business loan interest rate should rise by 30% to 40% based on the benchmark interest rate. In addition, the loan period of the mortgage is very long, but the business loan can be recovered in 2~3 years.

"Compared to second-hand housing loans, the amount of first-hand housing loans is generally high, and the property value of the property is good. At the same time, developers of first-hand houses generally have development loans, wages and annual salary accounts, etc., which can generate survival funds. Therefore, banks are more willing to tighten second-hand housing loans to guarantee the issuance of first-hand housing loans,” said the head of the personal loan department of a joint-stock bank.

"This will also affect the transaction volume of second-hand housing to a certain extent, or will cause a certain decline in the price of second-hand housing." Mr. Zhang, the head of another real estate intermediary trading department in the city, said that because the buyers refused to promise in the contract. In the specific time of the payment, the seller was eager to get the house payment. Recently, the company has several orders that have already negotiated the price and finally did not sign it.

"Because of the uncertainty of the loan, some landlords now hope that the buyers can make a one-time payment, so the price will also make appropriate concessions." Second-hand housing sales manager Ms. Zhong said, "There is a 120-square-meter river view room on Nanbin Road. The landlord asks for a price of 1.1 million yuan. If it is a full-buy house, it can be reduced to 1.05 million yuan."

“Some small and medium-sized second-hand housing intermediaries may be hit harder.” According to relevant persons of real estate agencies, large-scale real estate agents generally have a wide range of cooperative banks, and they can “the east is not bright and the west is bright”. Moreover, a number of real estate agents in Chongqing are now trial-running the “quick-loan” business, that is, after the buyer and the seller have completed the transfer, the real estate agent will come forward to seek the fund-paying party, and the fund-paying party will first hand the property to the seller, so that At the same time of transfer, the owner receives the final payment, which is basically a full transfer.

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