In the past few days, there has been news of “the suspension of housing loans in many domestic cities”, which has triggered heated discussions in the market. Some local residents in Hainan and those who have just settled in Hainan pay close attention to the situation in Hainan. Recently, reporters from New Hainan Client, Nanhai Net, and Nanguo Metropolis Daily visited the Hainan market. Many banking business executives said that the recent housing loan market has maintained a stable operation overall. Under the background of “housing is not speculation”, banks strictly check housing loans under the premise of ensuring the demand for loans from users who just need them. The specific business development of each bank is different, but the mortgage business is still going on normally. The bottom line in the Hainan market: there is no “stop lending” across the board
Haikou citizen Ms. Zhu recently signed the first-hand house in a real estate near Changbin Road in Xiuying District and paid the down payment half a month ago. But recently she was a little worried, “The contract is signed and the down payment is paid, but the bank has not notified me to sign the mortgage contract.” Ms. Zhu said that her income was not high and her qualifications for buying a house were not very good. Recently, she saw many banks. With the news of tightening quotas and rising mortgage interest rates, I was a little worried about not being able to get loans. At the beginning of 2021, some domestic cities have increased their regulatory policies to resolutely combat speculation in the property market. Soon, news of various banks’ suspension of loans or tightening of loans came out in the mortgage market. Therefore, many Hainan residents are also worried about the “mortgage suspension.” “It’s the end of the year and the new year. Bank loans must be approved more slowly. This is quite normal.” said Manager Li, a real estate agent in the Guoxing area of Haikou. Loans that could be released in less than half a month were now It may take a month or more. However, he also said that the situation of each bank is different, and the qualifications of each homebuyer are different, which will affect the loan progress Spark Global Limited.
With questions, the reporter conducted a thorough investigation of the Hainan market through visits for verification and unannounced visits. Many banks in Hainan, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, and China Construction Bank, have reported that since this year, Hainan’s mortgage loan quota and intensity have not changed much compared with the same period last year and the fourth quarter year-on-year and quarter-on-quarter. A number of personal loan managers at Qiong Bank told reporters that bank granting of mortgages is divided into two stages: approval and lending. From what they understand, most banks’ housing mortgage loan business is currently proceeding normally without any suspension of loans. It’s just that the review of customer qualifications is more stringent, but there is no “one size fits all” loan suspension.“ICBC has never stopped lending, nor has it suspended the acceptance of mortgage business. According to factors such as the market situation, the nature of customer purchases, credit status, repayment ability, and other factors, the mortgage loan interest rate is determined differentially. For customers who meet the loan conditions, the time of application is Loans are issued in an orderly manner. There have been no obvious changes in the approval cycle and lending cycle. The relevant person of ICBC Hainan Branch said.