October 10th, 2010 | 
Author: Nine ministries and other central banks tighten policy to control effects, has been in the mortgage banking business in Shanghai show up, the new mortgage portfolio dropped sharply increase the amount of early repayment, in order to inhibit the contraction, to stimulate consumption, some banks also increased in advance Loan liquidated damages, and some banks introduced incentives to attract customers.
◆ AC line: frequent concessions
Bank of Communications announced recently Lvxian, can enjoy preferential down payment “Since housing is the means can buy the first set of houses, and building area of 90 square meters less. For the” self-housing, pay about to give up to 8 percent, 30 years of lending, and lending rates stood at 10% can be.
Meanwhile, Bank of “live loans also launched the” 5 plus 5 minus ten preferential policies: a reduction of assessment of costs; relief notary fees; reduce insurance costs; relief credit procedures; reduced processing time; increase the interest rate concessions; increase the term of the loan; increase repayment options; increased financing; increase in credit value.
It is worth mentioning that the first breakthrough in the pay line mortgage mortgage only do the traditional model, for a good credit history, repayment ability, compliance with the repayment of quality customers will be approved to meet the credit needs of their buyers . , Bank of the maximum amount of credit up to 50 million, the maximum period of 3 years. According to the above-mentioned preferential policies, customers buy about a 1 million yuan from the housing, can save the cost of 3-4 million, while relevant procedures will greatly reduce the time
In addition, the Bank of Communications Shanghai Branch launched the first “sub-personal loan repayment method. Customer’s own good credit, the borrower can finance under its own plan, agreed at each stage of the loan principal to be repaid and the repayment period. borrowing customers can choose less in the early repayment of principal, you can also select multiple of principal. phased repayment for young entrepreneurs at the beginning. need to be reminded that the phased repayment, if repayment of each stage to determine the number of installments on principal and irrevocable. Therefore, we should make advance financial planning.
Reminded the first set of housing ye judge?
Currently, various commercial banks to determine whether the borrower purchase the first sets of housing, the main basis of personal credit information through the central database of information. However, the constraints due to personal credit system is relatively effective, the current system has not matured, still can not play a larger effect, so the first set of homes will be bank next step is to define the problems.
Tips:
This is excellent for high-end customers and clients, the banks introduced a concessionary measure. To the Bank of Communications as an example, holders of diplomatic row VIP card or to meet the corresponding qualification (must provide the identities) good credit customers, or use two or more products BoCom more than six months and a good credit history, working for better efficiency of large state-owned enterprises or well-known foreign companies more than 5 years of middle management and above, can be included in the areas of quality customers, such as the world’s top 500 companies in senior management, chief physician, university lecturers. As long as the review by loans, these customers can only rely on personal credit, collateral-free way to get through the different amount of personal loans to meet their housing demand.
◆ Bank of China, ICBC: to increase the prepayment penalty
Bank of China Shanghai branch of the provisions of the July 1, 2005 after the signing of the mortgage-holders, as long as loan is less than one year (inclusive) apply for early repayment, the banks will charge prepayment of its liquidated damages, the specific amount of “prepayment rates on the amount of × × 6. and less than one year after the bank’s early repayment charge customers only 1 month’s interest, that” the amount of early repayment on the interest rate × 1 × .
ICBC Shanghai branch also provides for liquidated damages for the “prepayment amount × 5%; Agricultural Bank of China Shanghai branch of the implementation of standards for the” prepayment amount × 1-year interest rates on commercial loans × (12 months – has been repayment months).
◆ “Canada Mortgage appearance Shanghai
“Canada Mortgage mortgage loan that is, a man-made object to the extension of the original term of the loan payment or increase the original loan amount of loans.” Increase the maximum amount of mortgage loans is generally assessed property value × 70% (60% for commercial buildings) less to the original real estate mortgage loans, and increase the amount of mortgage loans and real estate mortgage loans totaling a maximum of banks in the original real estate mortgage loans are recognized when the original property value. ICBC in Shanghai, Bank of China, CITIC, Shenzhen Development Bank have made it clear that can be “added mortgage business, the stock of his customers do not exclude the line. Many banks are committed to: refinancing-line customers can enjoy his 30-year long term of the loan and the interest rate stood at 10% and other benefits.
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