Xinhua News Agency, Beijing, January 28 -
Problem: some places intense amount of the mortgage, you are my mortgage applications become difficult?
Xinhua News Agency reporter
In recent time, Guangzhou, Shenzhen, Shanghai and other places have seen the shortage of personal mortgage lines and prolonged lending cycles in some banks, causing concern.
What is the reason?
Will personal mortgage applications become more difficult in the future?
Reporter conducted an interview.
Some places have tight bank loan quotas
The reporter learned from many banks and intermediaries in Guangzhou that the current mortgage quota is tight.
"From January, the mortgage quota became obviously tight, and each credit manager only had a mortgage quota of about 5 million yuan." said a mortgage manager at the Guangzhou branch of a joint-stock bank.
Some local home buyers have been affected.
A buyer in Huangpu District, Guangzhou City told reporters that for a house bought in November 2020, the mortgage has not been issued so far, and the bank responded that it is still in line.
Similar situations exist in Shanghai, Shenzhen and other places.
"The loan officer said that the commercial loan was not available in January, and there was no guarantee in February. The bank negotiated with the provident fund management center and first released the provident fund loan." Shanghai Min Wang told reporters.
A person in charge of an intermediary agency in Nanshan District, Shenzhen told reporters that some large local banks are still able to issue mortgages normally, while the mortgage quotas of some joint-stock banks are relatively tight.
At the same time, the mortgage lending cycle of many banks is lengthening.
"Last year, the mortgage process that could be completed within one month basically takes one and a half months to two months." A related person from the Shanghai branch of a joint-stock bank said.
In addition, audits have become more stringent.
The head of a branch of a joint-stock bank in Shenzhen revealed that the current qualification review for mortgage lenders is stricter than before.
For example, the monthly income must cover at least twice the monthly payment, strict control of the source of the down payment, etc., and no loans to buyers who do not meet the debt service income ratio.
Bank mortgage interest rates in individual places have risen.
On January 27, the four banks in Guangzhou Gongnong China Construction all raised the interest rates for the first home and the second home by 15 basis points respectively.
Tight mortgage quota has structural and regional characteristics
January of each year is often the key time for banks to seek a "good start." Why did some banks in some places do the opposite at the beginning of this year?
Experts said that this is related to the real estate loan concentration management system recently introduced by the regulatory authorities, and is also the result of the superposition of multiple policy effects.
At the end of 2020, the central bank and the China Banking and Insurance Regulatory Commission introduced the real estate loan concentration management system for banking financial institutions, setting up "two red lines" for the proportion of real estate loan balance and the proportion of personal housing loan balance for banks of different types and sizes.
The former ranged from 40% to 12.5%, and the latter ranged from 32.5% to 7.5%.
As the main force of personal housing loans, some large state-owned banks and larger joint-stock banks are close to the regulatory limit, and a few have exceeded the limit, and they are more cautious about housing loans.
In addition, Shanghai, Shenzhen, Hangzhou and other places have recently introduced new real estate control measures, which has made many local banks more cautious about mortgage lending.
In the eyes of industry insiders, this is also closely related to the local real estate market conditions.
"The real estate loan concentration management system is a national policy. At present, there is a shortage of quotas in a few cities, and we need to observe the reasons for these places." A supervisor said.
"In 2020, Guangzhou's property market was too hot, and the mortgage loans of many banks were'backlogged'. In early 2021, many banks used the quota to meet the mortgage demand submitted in 2020, resulting in the squeezing of the new quota that month." Guangzhou Said a real estate agency staff member.
The reporter's survey found that the current tightening of personal mortgage lines is mainly structural and regional, and there have been no significant changes in Beijing, Suzhou, Jinan and other places.
The person in charge of the housing loan department of a large state-owned bank in Suzhou told reporters that the current housing loan supply is generally stable, and the scale of control has not changed significantly.
A salesperson from Beijing Lianjia told reporters that his store has cooperation with major banks in the Beijing area, and the current mortgage quota and loan cycle have basically not changed.
"Different banks and different places have different perceptions of policies. If a local housing loan demand is not strong, or the bank's housing loan ratio is not high, the quota will be relatively loose. On the contrary, the loan quota will be relatively tight." National Finance and Development Zeng Gang, deputy director of the laboratory, said that at present, cities with tight mortgage quotas are also places where housing prices have risen rapidly and housing demand has been relatively high in the near future. This actually reflects the need for regulation from the side.
Accurately support just-needed groups
Ms. Zhang from Guangzhou, who intends to sell old for new and improve living conditions, told reporters that after the recent increase in mortgage interest rates, the monthly payment will have to be more than 200 yuan.
"The interest rate increase is acceptable, but I am afraid that the bank will not have the quota and will not approve the loan." Ms. Zhang said worriedly.
Mortgage loan policies are closely related to the people, and they must not only help prevent risks and curb bubbles, but also meet the residents' reasonable housing financing needs.
Experts believe that ordinary buyers need not worry too much.
Under the guidance of policies, personal housing loans will not grow too fast and will maintain a reasonable level.
Some over-standard banks are tight, but some banks with a relatively low share still have room for growth.
“At present, the issuance and recovery of personal housing loans in our bank are basically normal. There is no such thing as suspension of loans and intermediary acquisitions.” Gao Sha, deputy general manager of the housing finance and personal credit department of CCB Shanghai branch, said that future credit resource allocation will Maintain balance and stability and avoid big ups and downs.
Although it is a regional and structural tightening, it is a reality that personal mortgage resources have become relatively "scarce" in the context of strict control of real estate financing.
How to make housing loan resources more accurately support the rigid needs groups, instead of flowing into the hands of speculators, is what the regulators and banks need to pay attention to.
"Real estate loan concentration management guides banks to gradually adjust the credit structure layout, but it does not happen overnight. There is a transition period. The real estate market is active in different regions. Banks will implement differentiated mortgage policies according to local conditions." ICBC Shandong Branch Personal Loan The relevant person in charge of the Ministry said that the bank mainly provided mortgage loans to meet the rigid needs and improved housing, strictly controlled the entry barriers, and strictly controlled the number of apartments and loans that were not settled.
Weng Yichen, deputy general manager of the personal financial business department of ICBC Shanghai Branch, said that in the future, it will pass strict inspections on the number of housing units, so as to allow buyers who just need to enjoy loan services as much as possible.
"Housing credit is related to the national economy and people's livelihood, and differentiated housing credit policies should continue to be implemented. For residents' reasonable housing needs, especially the purchase of the first home, we should continue to support them by setting aside special quotas and providing reasonable interest rates." Said Dong Ximiao, chief financial researcher.
(Reporters Li Yanxia, Wu Yu, Wu Yanting, Sang Tong, Meng Yingru, Wang Yang)