"Have you had any financial needs recently?"
Recently, the property market easing policy has continued to be staged in various places.
Shenzhen, as one of the national property market weather vanes, has not seen any significant changes in its regulatory measures.
However, recently, many home buyers in Shenzhen have received calls from many financial intermediary companies, asking whether they need business loans, consumer loans, or even convert home loans into business loans. These chaos in the loan market should be taken seriously.
Seemingly "cost-effective" be careful
Speaking of business loans, this used to be a hot word in the property market in various places. The issue of "business loan funds entering the property market in violation of regulations" has always attracted the attention of regulators. Shenzhen and other places have launched investigations and achieved phased results.
As we all know, business loan interest rates are lower than normal home loan interest rates.
The reporter found that in the past, some financial intermediaries would advocate that homebuyers get a business loan before buying a house. However, on some online platforms and self-media, some financial intermediaries have begun to promote a model of converting home loans into business loans. The method is similar. On the past housing mortgage business loan.
"The current mortgage interest rate is above 5 points, and the annualized interest rate converted into a business loan is only 3.2% to 3.6%." Financial intermediary Chen Xing (pseudonym) told reporters how to convert a mortgage loan into a business loan. In fact, the practice is similar to the past housing mortgage business loan.
"If you have a real estate certificate and a company registered under your name, you can operate with the previous mortgage loan method. Even if there is no registered company under your name, we can help you with the operation, but the loan interest rate will be higher than that of a company under your name. The interest rate is about 0.2 percentage points higher. In addition, if the real estate certificate is still mortgaged in the bank, we can ask the guarantee company to help to redeem the building first, and the interest rate for redemption is about 5/10,000 per day.”
As we all know, the general operating loan period is only 3 to 5 years. If the mortgage loan is converted into a business loan, will the monthly loan repayment pressure increase?
Chen Xing told reporters that business loans are all interest first and then principal, and interest is paid every month, so the monthly repayment amount will even decrease, and if you still need business loans after the expiration, it is recommended to change to another bank. Do business loans.
Not only that, the loan amount of the business loan can reach about 90% of the government's second-hand housing reference price, or 8.5% of the bank's assessment price. The loan amount is relatively high, and there is even available working capital for on-lending.
In the past, operating loans also had duration requirements for operating enterprises, and the practice of buying "shell companies" was easy to detect.
Facing the reporter's doubts, Chen Xing said with a smile, "We have cooperation with some banks, and there will never be any problems." Of course, the service fees of these loan intermediaries are not low.
Chen Xing said that if there is a registered company under his name, a service fee of 1% of the loan amount will be charged in the middle. If there is no registered company, the service fee will be charged at 1.3%.
This sounds really attractive, but Chen Xing also reminded that, in the past when housing prices in Shenzhen rose, many people sold their houses a few years after taking out business loans to pay off their business loans, or even use these loans to buy a house.
However, after strict regulation, the environment of Shenzhen's property market has been different from before, and the expectation of a sharp rise in housing prices has weakened. Financial intermediaries like Chen Xing in turn recommend customers to convert housing loans into business loans.
"Many customers are afraid to make business loans casually now. In addition to worrying about loan risks, customers are more worried about changes in housing prices, the economy, and property market regulation, and they dare not act rashly. It is worth noting that don't look at the monthly repayment amount after converting into business loans. It will be less, but since business loans are based on interest first and then principal, the accumulated pressure is not small." After talking with a number of financial intermediaries, the reporter found that replacing housing loans with business loans in violation of regulations not only consumes energy, but also costs a lot of money. It needs to be calculated, such as the handling fee paid to the financial intermediary, the advance repayment of the mortgage interest and other expenses, and the buyer will also face the cost of bridging the advance payment after the operating loan expires. These hidden costs greatly increase the actual cost. capital cost.
Risk not to be underestimated
A bank insider told reporters that because the bank develops inclusive finance, supports small and micro enterprises, and offers many discounts, there may be some intermediaries that make up their business background and loan purposes, and make use of the loopholes that inter-bank funds cannot penetrate tracking and monitoring. In the case of obtaining inclusive low-interest loan funds, the risks cannot be underestimated. Replacing housing loans with business loans is a prohibited violation, and home buyers should be highly vigilant.
In fact, the penalties across the country for operating loans illegally flowing into the real estate sector are still heavy blows.
Bai Wenxi, chief economist of IPG China, believes that banks often find that such situations will set a deadline for repayment of loans, forcing home buyers who take operating loans to default.
Banks should strengthen the authenticity review and screening of personal business loans, and improve the level of risk control to curb the phenomenon of arbitrage business loans for real estate speculation.
When it comes to housing mortgage business loans, we have to mention "Shenfang Management".
In August last year, Shenzhen announced that the Shenzhen Banking and Insurance Regulatory Bureau organized banks to carry out comprehensive investigations and regulatory inspections. At that time, it was found that the relevant personnel of "Shenfangli" were suspected of forging official documents of state organs, providing false information to obtain loans, and making multiple transfers. Circumstances that disrupt the order of the financial market, such as evading the monitoring of the flow of funds, etc., by breaking them into pieces, withdrawing cash, etc., involve different categories such as housing mortgage loans, business loans and consumer loans. billion.
At present, for the normal mortgage business, the reporter interviewed the personal loan managers of Bank of China and other banks, and generally answered that the current mortgage amount is sufficient, and the loan can be released when the loan conditions are met. Compared with the previous loan time, the overall loan speed has improved a lot.
Regarding the current property market regulation policy, Li Yujia, chief researcher of the Guangdong Housing Policy Research Center, believes, "Although all localities actively bail out the industry and the market, from our survey, whether it is developers or home buyers, the general reflection is that they lack confidence. . Even if the policy is loosened, the incentive effect on the demand side is not significant. Unless the leverage is released, this will trigger the bottom line of housing housing and not speculation.” (Wu Jiaming)