Buying a house is an important thing for anyone, and according to news media reports, banks in many places have now suspended lending. Basically, if you want to apply for a home loan, There is no limit, but there is an essential difference between loan suspension and no limit, and everyone still needs to make a distinction here. The lack of quota is only a temporary thing. Under normal circumstances, as long as the quota is sufficient, loan business will continue. However, the loan suspension is different. It is equivalent to the fact that this business has been suspended, and the application can only be continued until the notice is issued. So today I will analyze with you the specific differences between loan suspension and no limit.

Indicators issued by First Bank.

We all know that if we want to apply for a housing loan, we need to sign a loan contract with the bank. In fact, the amount of the loan contract that the bank can sign has a certain upper limit. If it exceeds the loan limit standard, it will Cannot continue processing. According to interviews with reporters, during this investigation, many banks had already reached their quota for this month in January. If they want to continue lending, they can only wait until the next month. Of course, if many people pay off their loans at once this month, they can still continue to apply. But considering it’s almost the end of the year, this is basically unlikely to happen.

Second, what do you think about the fact that many banks have stopped providing housing loans?

In fact, the reason why they did this is a very good thing for banks or finance. After all, the main job of a bank is not to lend money, but to maintain financial stability. Although lending is an important source of income for banks, in the face of financial stability, it is obvious that banks will make the right decision. This is why even though many people want to buy a house at the end of the year, banks are sticking to their bottom line and will not overfill their loan business.

Third, how do you evaluate buying a house at the end of the year?

To be honest, at the end of the year, many people do want to buy a house. After all, many people have received year-end bonuses during your time, or want to confirm their own property this year. If the house collapses, you can carry out renovations or other things. However, it is precisely because many people buy houses at the end of the year that the loan limit is quickly consumed this month. Under normal circumstances, the loan limit is actually sufficient. After all, most banks have raised their home loan limits to a high degree. It is still very high, but this situation is caused by too many people buying houses, so those who want to buy a house need to wait until next month before they can continue to borrow money.