Recently, major banks in many hot cities have raised the interest rates of first and second-hand housing loans, or suspended second-hand housing loans.
Among them, Shenzhen, Guangzhou, Dongguan, Zhengzhou, Chengdu and other cities have a second-hand housing “stop lending tide”. Of course, none of the banking officials claimed to stop the loan, but the front-line business personnel said to “suspend” or told the customer that the loan application may not be approved within a few months, and there is no timetable for approval at present.
It is understood that the performance of “money shortage” in the property market is by no means unique this year. Whenever the regulation of the property market is tightened, there will be a “housing loan shortage”, such as the end of 2013 and 2017-2018. In early February 2018, Guangzhou Branch of the four major state-owned banks raised the mortgage interest rate collectively. When money shortage reaches a certain level, there will be a “stop lending tide” of second-hand housing. For example, in August 2019, 12 banks in Hefei announced that they would not make second-hand housing loans, including several state-owned banks.
Several banks respond to rumors of mortgage suspension
Recently, it is reported that many state-owned banks and joint-stock commercial banks have suspended the second-hand housing loan business in Guangzhou.
On the evening of June 28, the Guangdong Branch of Bank of China responded to the reporter of China first finance and economics that the news of suspending housing loans was not true. At present, the bank is carrying out the primary and secondary mortgage business in an orderly manner and has not been suspended. The relevant reports on the online suspension of the bank’s mortgage business are untrue.
On the whole, affected by the regulatory policies, the timeliness of housing loans in the overall market has slowed down. BOC Guangdong Branch hopes that customers can make good time arrangement and wait patiently in advance, and the bank will arrange loans in an orderly manner according to the approval time of customers.
In addition, China first finance and economics also called several joint-stock banks involved, all of which said that they were still normally accepting loan applications and loans, and there was no loan suspension.
Among them, the Guangzhou Branch of Ping An Bank told China first finance and economics that at present, the mortgage of first-hand and second-hand houses can be accepted normally, and the loan will be issued in the order of application time. The bank implements “double line management”, that is, it will make loans according to the local regulatory limit. For the housing loan business that has been received and approved, it will make payments in an orderly manner according to the incoming time. Guangzhou Branch of China Everbright Bank also said that the real estate loan business is in normal lending, but customers need to wait for a long time. Guangzhou Branch of Guangdong Development Bank told China first finance and economics that up to now, the bank’s housing loan business has not stopped lending, but the amount is relatively tight. At present, the interest rate of the first house loan of Guangfa bank is LPR (loan market interest rate quotation) + 85bp to LPR + 100bp, and the interest rate of the second house loan is LPR + 100bp to LPR + 110bp.
However, a person in the banking industry in Guangzhou told China first finance and economics that the news of the loan suspension is not without any reason. It is possible that some banks have already used 7788 of their personal housing loans this year.
Controlling the total amount of housing loans is one of the main themes of the banking industry this year
By the end of 2020, the central bank and the China Banking and Insurance Regulatory Commission jointly issued the “notice on the establishment of a real estate loan concentration management system for banking financial institutions”, which clearly set the upper limit of the proportion of real estate loans in 5 institutions, including 7 large Chinese funded banks, 17 medium-sized Chinese funded banks, small Chinese funded banks, non County Rural cooperative medical institutions, county rural cooperative medical institutions and village banks The upper limit of the proportion of individual housing loans.
Among them, the upper limit of the proportion of real estate loans and individual housing loans of large Chinese funded banks in the first tier are 40% and 32.5% respectively; The second tier of medium-sized Chinese banks accounted for 27.5% and 20% respectively; In the third level, the proportion of small Chinese funded banks and non County Rural cooperative institutions was 22.5% and 17.5% respectively; 5% and 12. 5% respectively; 5% and 7. 5% respectively.