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"Suspension of loans" survey in ten cities: Shenzhen has not been affected by the "cessation of loans", and Guangzhou is "persuaded to withdraw"
Recently, housing loans in many places across the country are tight, and the news of "stop lending" and "longer mortgage lending cycle" has attracted market attention.
"China Times" reporter learned that although there is a lot of talk about "stop lending" on the Internet, no city or bank has issued an official document to indicate "stop lending" to second-hand houses. However, according to a reporter's investigation, it is a fact that loans in Guangzhou, Huizhou, Dongguan, Chengdu, Hangzhou, Zhengzhou, Wuhan and other cities have slowed down, and some cities have "selective suspension of loans". A housing agency in Zhengzhou City said that second-hand houses below 60 square meters in Zhengzhou City without gas are currently "stopped lending." In addition, the personal loan manager of a large state-owned bank in Guangzhou started the "persuade retreat" mode, indicating that the bank's quota is tight, and it is recommended that customers who apply for second-hand housing loans go to a smaller bank.
However, Shenzhen appears to be very calm during this round of "stop lending". The reporter learned that due to the sluggish transaction volume in the second-hand housing market in Shenzhen this year, the business of second-hand housing loans in Shenzhen is normal. A loan manager said that after the transfer of second-hand housing, Loans can be made in two to three days.
What does this wave of "stop lending" mean? There are two viewpoints in the market. On the one hand, I don’t think we need to "make a fuss", because under normal circumstances, banks will lend more slowly in the middle and at the end of the year, and the loan quota will be tight, which will appear in a certain period of time.
Another point of view is that under the restrictions of the "two red lines" of banks, the era of massive influx of funds into the property market is over. At present, it is only a "warm-up". The real money shortage has not yet arrived.
Shenzhen has not been affected by the "stop lending"
The personal loan manager of a branch of China Construction Bank in Shenzhen told the reporter of China Times that if the property needs to be redeemed, the loan can be released in about one to two months. If the property is not redeemed, the loan can be released in about half a month, but it depends on the house in the end. The time of transfer. She said that the rate of lending depends on the bank's quota, which is different for each bank. Under normal circumstances, it usually takes one month to approve the lending of a mortgage.
A personal loan manager of a branch of Bank of China in Shenzhen told a reporter from China Times that there is no suspension of loans for second-hand houses in Shenzhen. If the information is complete, if the seller redeems the property, the loan can be released within 2-3 days after the transfer. An insider told a reporter from China Times that under normal circumstances, banks will roughly allocate loans in stages during the year, and the rate of lending will be slower at mid-year and at the end of the year. The above-mentioned personal loan manager told a reporter from China Times that at the end of last year, the sub-branch’s quota was relatively tight and the lending speed was relatively slow.
The personal loan manager of a branch of Industrial and Commercial Bank of China in Shenzhen told a reporter from China Times that the transaction volume of second-hand housing in Shenzhen was low this year, so banks can generally guarantee timely loans. If you want to redeem the property, the approval process is normal, and you can make a loan in two to three weeks. If you don't have to redeem the property, it will be faster. However, he said that recently banks have higher requirements for the down payment from home buyers, and they are particularly strict in investigating the source of the down payment. The down payment needs to be its own funds. Will mortgages be tightened next? The personal loan manager stated that he has not received any notifications.
Since July 15 last year, Shenzhen has adopted a variety of methods to cool the property market. In particular, the second-hand housing transaction reference price released in February this year has increased the transaction cost of buying and selling double houses, which has completely frozen the Shenzhen second-hand housing market. According to the official website of the Shenzhen Municipal Bureau of Housing and Urban-rural Development, the total transaction volume of second-hand housing in Shenzhen in May 2021 was 3,027, a year-on-year decrease of 64.53%, and the transaction volume has been cut in half. In addition, data from the National Bureau of Statistics show that in May 2021, the price index of second-hand housing in Shenzhen fell by 0.1 percentage point from the previous month. This is the first decline in the price index of second-hand housing in Shenzhen since July 2019.
In addition, the reporter of China Times also found that there were no discussions on the topic of “stop lending” and “loan extension” in a number of housing buyers in Shenzhen. It can be seen that the speed of second-hand housing lending did not have much effect on buyers in Shenzhen. influences.
Guangzhou encounters "persuasion"
Compared with neighboring Guangzhou, Dongguan, and Huizhou, Shenzhen seems to be an exception. The reporter learned from various investigations that recently, housing loans in Guangzhou, Huizhou, and Dongguan have been slightly tense.
A housing agency in Shenzhen told the reporter of China Times: “Shenzhen has not stopped, but Huizhou’s second-hand housing loans have stopped.” The personal loan manager of a branch of ICBC Huizhou said to the reporter of China Times: “It’s not that it can’t be done. The second-hand housing loan business just means that they have accepted second-hand housing purchases before, but neither the seller nor the buyer can accept the loan time.” The personal loan manager of a branch of ICBC Huizhou said that the current housing loan situation is not very clear. Even the staff of the bank cannot determine the timing of the loan. If you take a loan, you may not be able to make a loan for six months.
The reporter learned that under normal circumstances, in the sale of second-hand houses, both the buyer and the seller sign the purchase contract. After the buyer pays the deposit, the contract and other materials are handed over to the bank for mortgage loan. The seller will only pay the house after receiving all the house payment. . If the bank's loan rate is as long as half a year, the seller may be anxious. In addition, the transaction time is too long, which will also cause many uncertainties in the transaction. In other words, the slowdown in lending of second-hand housing loans will affect the transaction of second-hand housing to a certain extent.
The personal loan manager in Huizhou also said that the situation of each bank may be different, and there may be quotas from time to time. But at present, which bank has the quota, the loan manager recommends that the buyer consult with the housing agency.
A housing agency in Dongguan told a reporter from the China Times that some banks in Dongguan recently have tight quotas and no loan quotas, but many banks can still lend, but the review will be stricter. If the qualifications of the home buyers are relatively high-quality, the loan time is about 3 months. The intermediary said frankly: "Dongguan is indeed not as fast as before."
Compared with Dongguan and Huizhou, Guangzhou seems to be the hardest hit area for loan extensions. During the interview, the reporter directly encountered the "persuade to leave."
The personal loan manager of a branch of ICBC Guangzhou Huangpu District told the reporter of China Times, “Approval of second-hand housing will be relatively fast, two to three weeks will be fine, but the rate of lending is very slow. Now the lending is at the end of February this year. The batch that was applied for in early March. If you apply now, it is expected to wait until November before the loan can be released.” He also said that when the amount is large, the loan will be faster, and when the amount is small, the loan will be slower. Now the head office’s quota is relatively tight, so other branches have similar rates of lending. The quotas of major banks are relatively small this year.
"There is no quota now. It will take about half a year." When the reporter indicated that he wanted to handle second-hand housing loan business as a house buyer, the personal loan manager of a branch of the Agricultural Bank of China in Guangzhou Yuexiu District said so. She said that the bank accepts second-hand mortgage business, but there are many people in line. The Agricultural Bank’s current quota is very tight. In order not to waste customer time, she suggested that reporters find a small bank to see if there is a loan quota.
Zhengzhou is not equipped with gas small apartment "stop lending"?
In addition, the reporter also learned that the housing loan business in Hangzhou, Zhengzhou, Wuhan, Hefei, and Chengdu are all experiencing tight mortgage quotas.
A personal loan manager of a branch of Industrial and Commercial Bank of China in Hangzhou told a reporter from China Times that not only second-hand housing, but all housing loans in Hangzhou are lined up for loans. If the amount is tight, you need to line up.
A housing agency in Wuhan told a reporter from China Times that some banks have stopped lending, but some banks can still lend, mainly depending on the qualifications of the buyers. She said that at the beginning of this year, the bank's lending rate was relatively fast, and now the lending rate is relatively slow. It is expected that the bank's quota will become increasingly tight in the second half of the year.
The housing agency in Hefei told the China Times reporter that there is no suspension of loans for second-hand houses in Hefei, but the loan time for second-hand houses has been extended.
In many media reports, Zhengzhou seems to be the most serious place for this “stop lending”. A Zhengzhou housing agency told a reporter from China Times that the “stop loans” were second-hand houses below 60 square meters without gas. Such second-hand houses were built in accordance with apartment standards, and there were a lot of households on each floor.
The housing agency in Zhengzhou told a reporter from China Times that at present, more than 60 square meters of second-hand housing in Zhengzhou can be borrowed. The commercial loan interest rate is 6.125%, and the loan can be loaned in about 2 months. The provident fund loan interest rate is 3.25%. , About 3-5 months can be loaned out.
A housing agency in Chengdu told the China Times that among second-hand housing loans in Chengdu, combined loans have been scheduled to the end of October, and ordinary sellers do not accept combined loans. In addition, he also said that the houses built before 2001 are not good for loans, especially for the rigid needs, it is more difficult to buy houses built before 2001, so now it is the first choice to buy a house and elevator room with full money.
A housing agency in Chongqing told the China Times that recently all banks have been slow to lend money to second-hand houses, and the process of approving the loans takes almost half a year. Will the loan rate become faster in the second half of the year? The intermediary said "it's hard to tell."
Why is it not easy to get a loan for a house before 2001? The intermediary believes that because of the rapid growth of housing prices in Chengdu in recent years, this is a measure to cool the Chengdu property market.
The real "mortgage tension" hasn't arrived yet?
Li Yujia, the chief researcher of the Guangdong Provincial Housing Policy Research Center, said that in fact, the "money shortage" is not happening this year. Whenever property market regulation is tightened, there will be a "mortgage shortage", interest rate hikes, longer cycles, and second-hand housing loans are "stopped". For example, at the end of 2013, 2017-2018. However, Li Yujia said that this is the first time that the housing loan "horse" has become like this. The main reason is the real estate loan concentration management system.
At the end of 2020, the Central Bank and the China Banking and Insurance Regulatory Commission jointly issued the "Notice on Establishing a Centralization Management System for Real Estate Loans in Banking Financial Institutions", which implemented tiered management for various banks and stipulated the upper limit of the proportion of real estate loans and personal housing loans of various banks. .
Among them, the upper limit of the proportion of real estate loans by large Chinese banks and the upper limit of the proportion of personal housing loans are 40% and 32.5%, respectively; the proportions of the two medium-sized Chinese banks in the second tier are 27.5% and 20% respectively; The third-tier Chinese-funded small banks and non-county rural cooperative institutions accounted for 22.5% and 17.5%, respectively; the fourth-tier county-level rural cooperative institutions accounted for 17.5% and 12.5% respectively; the fifth-tier rural banks accounted for two Items accounted for 12.5% and 7.5% respectively. The market generally believes that the purpose of loan concentration management is to prevent real estate from occupying too much social credit resources.
According to statistics disclosed in the 2020 annual report of Bread Finance, the proportion of real estate loans or personal housing loans of 13 of the 37 listed banks exceeds the standard.
The Shell Data Research Institute report shows that in June 2021, 46 of the 72 key cities will have longer mortgage lending cycles. However, a reporter from China Times learned that in Zhengzhou and Chengdu, first-hand housing loans are issued faster than second-hand housing. Why is the loan rate faster for new houses than for second-hand houses?
Some industry experts said that after the refined quota management, the real estate space that the bank can free up becomes smaller. However, under the premise of the limited quota and the cost-benefit ratio, the bank will first protect the needs of "new house" customers and reduce the limited amount of real estate. The quota is placed on the developer's new house. In this way, scattered customers of second-hand houses will be the first to "stop lending" and the mortgage loan time will become longer.
However, is the mortgage in the new home market sit back and relax? The public account "Youke Real Estate" believes that affected by the centralized supply of real estate, the plots of centralized supply of land from May to June this year are expected to open in half a year, and the peak period of bank mortgages will be ushered in the new housing field. "It will follow.
The Shell Research Institute stated that after the evaluation node in the first half of the year, bank credit quotas and lending cycles will gradually return to normal in the second half of the year, and the market transaction scale will maintain a steady growth in volume and price. It is expected that the second-hand housing market will increase in transaction volume in the second half of the year. The growth rate has slowed down, and the transaction scale of new and second-hand houses has increased by more than 10% over last year.
Li Yujia said that the future "mortgage shortage" will definitely ease, but the "cap index control" will not ease. In the future, the control of mortgage quotas and proportions will be normalized. The era of large-scale influx of funds into the property market is over, and the era of leveraging the property market is gone forever.
zhttps://new.qq.com/omn/20210716/20210716A09OD600.html
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