New Year’s Day, “the stock of mortgage ‘a lot of people suddenly become the focus of attention. Loans to buy a house in the very popular today, most working-class mortgage has become the most important household expenditure, such as access to Qizhe mortgage interest rates, but also several hundred dollars less per month loans in this financial winter, the But the bank to “house slaves” to send a big red envelope, is everyone wants to obtain, but not all “house slaves” can all wishes come true.
stock of mortgage customers in the flood of inquiries, the banks have launched a mortgage for this part of the customer’s new policy, from the content point of view, the stock of banks for mortgage customers Almost no one identical test policy: Some banks can automatically switch to the stock of mortgage interest rates seven fold, but must not be late repayment records; some banks require customers to more than 30 million loans, or require customers to have 500,000 yuan banking account , and some banks require customers to credit cards to get the discount. Other banks, getting the “70%” interest rate, after the customer is not easy, will not require customers to sign three-year prepayment and so on.
around the “stock of mortgages”, some banks have launched a marketing campaign, some banks are starting a large-scale poaching. The face of the complicated mortgage banking policy, a variety of pull marketing clients, general loans should rub off the eyes, make good use of the bank’s marketing and seek to further reduce mortgage costs.
[type of case one]
common stock of mortgage customers (15% discount mortgages have)
solution – automatically converted to 7 off the prime rate
mortgage interest rates adjust according to the customer but after 2007 things before, no matter how much loan to buy a house, the bank can provide the benchmark interest rate to 15% off the mortgage Therefore, banks now have a large stock of 85 off mortgage customers, with the implementation of the new preferential interest rates banks, this part of the early loans to home buyers can enjoy the new policy, so be on the market an interesting events.
xu is the number one stock of mortgage customers. In 2005, she bought a second-hand house in Pudong, commercial mortgage $ 500,000 mortgage interest rate is the benchmark interest rate 85 fold, to early 2009, Miss Xu left more than 40 million mortgage not returned. In addition, last year married her and her boyfriend, her boyfriend also has a pre-marriage name to buy real estate, loan 40 million, also 15% off rates. With the new mortgage policy implementation, Miss Xu would like to know whether the two suites together to enjoy the most favorable Qizhe interest rates? Or will the two suites are non-banks as the first family suite deal?
According to banking industry sources, now part of the big banks has made public some of the stock of mortgage customers deal with the policy of the early to enjoy 15% off the stock of mortgage interest rates as long as there is no history of default customers, and the room credit balance of more than 30 million, some banks can automatically change at the beginning of their prime rate to 7 fold; some banks to apply for such customers 30% off interest rates is no threshold, such as Miss Xu’s case, in most Banks are able to enjoy 30% off the prime rate policy. As the stock of mortgage banking for more liberal policy trend, even if the early buyers now have two sets of stock of the mortgage, as long as the original discount rate is 85, and no history of default can also be Qizhe prime mortgage rates.
[type of case two]
bad repayment record of the stock of mortgage-
solution – accept Bank conditions
2009 年 1 dated after 1, many of the stock in order to obtain the most favorable mortgage-interest rates to the Bank of Qizhe advice, some of which lenders can not be successfully converted automatically from the bank’s prime lending 30% off , mainly due to a late payment records.
Mr. Chen is one of these loans depressed. He is a 2004 loan to buy a house, total loans of $ 0.7 million mortgage interest rate is the benchmark interest rate 15%, has been his payments on time. But in March 2008, he traveled to the field, so back to Shanghai, it has been agreed repayment period, although he returned in a month mortgage payment, but there have been a bad record. January 3 this year, he went to the stock of mortgage banking consulting policy, the bank told him a late payment records, in accordance with the provisions of the bank, he can not enjoy this situation automatically turn off the prime interest rate policy 7, you must go Bank filling application, the application process, individuals to provide $ 300,000 in the bank’s financial products that, in addition, will not have to sign three-year commitment to early repayment.
According to banking industry sources, poor repayment record is the stock of mortgage banking for the clients automatically switch to the prime rate set by the major negative conditions. Some banks are provided, there is a late payment records, the stock of mortgage customers will not automatically get a new seven-year discount mortgage rates, and some banks slightly loose conditions, can accept two to three times a late payment records. Such a late payment records for customers to apply 30% off the mortgage, banks will not only require customers to purchase financial products, but also committed three years without early repayment, and some banks also require customers to do banking cards. Such conditions for banks, loans to home buyers who do not think this can not get 30% off rate mortgage, the lender may wish to talk about with the bank account manager to see if there are other alternative possibilities, or you can transfer the mortgage to another Bank. In addition, mortgage banks turn away to avoid the stock, it is likely to be spared.
like this customers can wait and see, from the current situation, the bank’s policy for the stock of mortgage customers still change, the threshold is likely to be further reduced.
[type of case III]
pre-floating rate loans by home buyers
solution – consider refinancing
Since 2007, China’s mortgage policy has been in the process of change. In the domestic mortgage market, there are several types of different types of mortgage: 2007 years ago, almost all of the real estate loan customers can get 15% off interest rates in 2007, a number of home buyers to purchase only the second suite in accordance with the benchmark interest rate loans to home buyers, and in early 2008, loans to buy second commercial, buyers have to accept the base rate of 10% of mortgage policy.
With the new mortgage policy implementation, many previous home buyers to enjoy 15% discount rate borrowers get 30% off the prime rate in 2008 was 1.1 times the benchmark interest rate with the lender before purchase is the most disadvantage.
Ronaldinho is such an unlucky home buyers, he said he was “house slaves”, has just bought the house in early 2008, prices began to fall, more bad luck, he had purchased Housing, the state of the real estate industry has just begun a new round of macro control policies defined for the loan to buy the second suite of home buyers in the benchmark lending rate based on the interest rates go up 10% wore high prices, super- high interest rates over the year, Ronaldinho started to see a new mortgage national policy, and immediately went to counseling, and that his mortgage interest rates are down. But was told, like him floating interest rate loans to buyers of pre-purchase loans, apparently the second set, can not get 30% off mortgage interest rates, Ronaldinho is very depressed.
According to banking industry sources, the banks now Shanghai stock of mortgage customers receive 30% off the prime rate are the basic requirements that must be received 85 pre-discount rates. Bank out of such conditions also has its reasons, because the discount is 85 before the most favorable mortgage interest rates, although this policy loans to home buyers to enjoy not only include the first suite buyers, many years ago for loans to buy second sets, the third suite of buyers, but after all, banks can not review all of the stock of mortgages, then 85% off all home buyers take the first set of buyers of the ride. The floating interest rate loans to home buyers the situation is different, they are clearly second loan to buy real estate buyers, the banks refused to give 30% off the prime rate justifiably.
for this part of the customers, to lower lending interest rates may consider refinancing. Some small banks are actively soliciting such stock of home loans and refinancing costs are not high, the procedure is not complicated. Take stock of mortgages to customers from the Bank of China Shenzhen Development Bank’s case, for example: First of all, the customers need to provide your name identity, ownership certificates, house size, completion period, the loan period, loans and other information from the intermediary agent do pre-trial, to see whether it can meet the conditions required by banks, through pre-contract with the bank by the customer after the next bank will approve the contract, the bank approved the mortgage loans transferred by this contract, banking and mortgage customers went to do trading center and deep development loan to the client account, the deep development of staff to accompany clients to repay the Bank of China, Bank of China to get the final payment, the cancellation of mortgage. Refinancing will be completed successfully. In this process, may produce assessment fees, guarantee fees, handling charges, of about four thousandths of total loans, but positive for the stock of mortgages as banks, this cost can generally be removed from the final transfer of mortgage customers only Real Estate Trading Center to pay $ 80 fee required.
[type of case four]
loans of less than 30 million home buyers
solution – consider early repayment
the prime rate in the end is for buyers of luxury, or to the general real estate buyers, most recently, the issue became a hot topic of discussion? This has been a hot topic originated in the Bank’s new policy for the stock of mortgages, some banks require customers to get 30% off the stock of mortgage interest rates, loans must meet the bottom line more than 30 million, which forced many to buy small chamber, loans and low wage earners can not get 30% off the mortgage interest rates, and some luxury home buyers because they can apply for loans of seven high discount rate mortgage.
Miss Chang is a stock of mortgage customers. In 2005, she was in loans to 30 million yuan to buy a house, also a three-year, leaving $ 250,000 mortgage. I heard this year, banks began to implement the new loan policy, she excitedly ran to Bank advice, but was told, as she was such a low loan balance loans are unable to obtain the best lending rate.
Mr. He is another one because the mortgage balance is low and can not get the prime rate home buyers, he worked in a bank has three sets of real estate loans, and are purchased after the year 2002, the interest rate is 85 uniform off, now only the remaining balance of more than 100,000. Bank mortgage after the new policy implementation, he went to counseling, was found to block their access to preferential mortgage rates are not sets of real estate loans, but loans are too low. “My loan balance less not explain the relatively low risk of the mortgage thing. “Mr. He can not figure out why the bank’s policy for its new light.
According to industry sources, bank loans because of the low stock of mortgages declined to provide the most favorable mortgage, mainly for banking interests, this part of the mortgage balance less than other banks very interested in bank risk of losing customers is small, the banks reluctant to take the initiative to lower interest rates to retain customers. But for these customers, there are a variety of methods to choose from, if funds allow, it may be early repayment, or else, you can choose to switch mortgage because there are some 15 million yuan bank willing to offer 30% off the balance of the mortgage prime rate. The multiple small mortgage with Mr. He can consider increasing the set of real estate loans, while the other three properties to pay off the mortgage balance, to get 7 off mortgage interest rates, of course, one of the very complex procedures .
Editor: Lelerelated hot words: housing finance and investment
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