Secret Business Tips

Posts Tagged ‘mortgage business’

Where is the advantage of foreign banks?
Speaking of foreign banks, many people the first impression is that foreign banks than domestic banks is good, good service, high reputation, but what specific aspects of foreign banks in the end good news, why is good, but not many people can say up. Most foreign banks, “century-old, after years of development and improvement, compared with domestic banks, accounting for a greater advantage actually, the main advantage:
Type of service addition of sound
Only the HSBC Group, HSBC and Hang Seng Bank, for example, comparison of the two banks to provide distinctive services, reached hundreds of varieties, in addition to store accounts, foreign currency storage account, credit cards, loans, securities investment and trading more conventional The addition, there are home buyers, community development plans, foreign exchange and other distinctive products. So that the customer is basically in a bank needs to meet.
There will be a gift
Most foreign banks will take a variety of marketing methods, based on the customer analysis system, according to the customer contribution of different services to provide various incentives, to attract retain customers, including interest rate concessions, service fees concessions, gifts, Jianmian annual fee discount merchants and other customers can get real benefits from.
May also ask you to Cuoyi Dun
Such as Citibank and HSBC have a century of history, has accumulated rich experience in banking, Citibank continued to take regular creative marketing: customers organize reception, banquet, and invited a small number of large customers or watch the Olympic ski weekend Games. HSBC and Citibank branches were opened in many type of office, HSBC and Citibank customers to transact business, can enjoy “one-stop banking services.

Some mortgage products flat
Complete understanding of the advantages of foreign banks, the next will have to see home buyers are most concerned about the mortgage product. Reporter learned from the Bank of East Asia, the bank will soon launch mortgage business within the people, information released from the current perspective, rich with Bank of East Asia compared to other products, the mortgage business for Chinese citizens actually looks a little lackluster. Read the rest of this entry »

Successive fixed-rate mortgage interest rates appear attractive to many people already want to apply for mortgages on hand turned into floating-rate fixed-rate mortgage products. It is reported that cross-bank apply for the “float switch” need to charge a fixed fee, the Bank is not charged.

China Everbright, China Construction Bank raised the interest rate fixed loans

Currently, China Merchants Bank, Agricultural Bank of China, Everbright Bank of China, CITIC and other commercial banks have launched a fixed-rate mortgage business, May 19, after the central bank announced the rate hike, banks lending products one after another on a certain fixed adjustments.

It is understood, construction, and other parts of China Everbright Bank has recently increased the types of mortgage products, fixed base rate, other banks will also be adjusted accordingly fixed interest rate loan product.

In addition, the Bank of China and other banks in the fixed-rate mortgage business from May 19 to suspend processing since, after plans to introduce a new fixed-rate mortgage policy.

Industry insiders estimate that there is some time to come up room rates. In this case, a fixed-rate mortgage loans to people who buy a house one of the most economical choice.

Mortgage interest rates increase the cost of

Zhang last year by the end of April, the China Everbright Bank to apply a 10-year total of 500,000 yuan of fixed-rate mortgage products, benchmark interest rate of 6.18%, but because of your credit situation is better received 6.08% of prime rate. Individuals over the same period the central bank benchmark floating rate loans by 6.3%, compared with Mr. Zhang to enjoy the real interest rate loans was 0.22% higher.

After several interest rates, individual housing loans of one to three years, three to five years, more than five years of the benchmark rate is now 6.75%, respectively, 6.93% and 7.2%. Compared with a year ago, 10-year floating-rate mortgages increased by nearly 1 percentage point, while the group’s 10-year fixed-rate mortgages also increased the prime rate to 6.18%, an increase of 0.1%. But before with fixed-rate mortgage, Mr. Chang, still can follow the original 6.08% interest rate to pay the mortgage, and compared to the current range of mortgage products, no doubt save a lot of interest. Read the rest of this entry »

Intermediary between real estate companies and banks loan products is the agent of an agent and being. Agency in accordance with their reputation in the market and the creditworthiness level, generally a separate operation and is linked with two modes of operation, set up from the banks and the bridge loan between home buyers.

High credit, large intermediary companies are mostly used in a separate mode of operation. As these companies have a stable second-hand housing turnover, handled correspondingly larger volume of mortgage business, banks often set up with a fixed relationship. Cooperation is usually used by banks to the wholesale mortgage business after a major intermediary packaging companies, intermediaries and then to the various retail loan customers. An intermediary companies are usually second-hand housing loan business banks in the agent bank will also look for companies as long-term partner. When a real estate transaction into the credit link, the agency will provide a list of banks for the purchase of several candidates to choose from, let it selected, by the clerk of properties and transactions directly to the borrower documents and other information directly sent to Audit Department of Bank Credit counterparts. Through the audit, bank lending, and his entry warrants transfer simultaneously. In this process, the agency played a role in a stage of security to ensure the transfer of property rights and the security of money transactions. Read the rest of this entry »