However, the Securities Times reporter learned from the sales staff of the real estate yesterday afternoon that the relevant loan content in the poster has been cancelled, and the current mortgage can be returned to 95 years old.
In addition to Nanning, recently, Ningbo, Wuxi, Chengdu, Beijing and other places also spread the news of relaxing the age limit for mortgage loans. In this regard, the Securities Times reporter called ICBC, China Merchants Bank, Bank of Communications and other branches in Beijing to learn that the maximum age limit for ICBC mortgages is 75 years old, China Merchants Bank can reach 85 years old, and Bank of Communications can reach 95 years old, but they must be guaranteed by their children or repaid by their children.
Insiders interviewed by the Securities Times believe that in the short term, the policy of extending the maximum loan age is expected to appear in more cities, and the credit support for housing demand will be further enhanced to meet the reasonable housing needs of middle-aged and elderly people. However, there are also views that this operation is actually a kind of "relay loan", behind which buyers in cities with restricted purchases and loans are eligible for the first home loan. Generally speaking, this policy has little impact on the market.
Nanning no.1 building
"Hundred Years Loan" was cancelled.
The specific content of the above poster of Nanning Real Estate "Loan Age Up to 100 Years Old" is that the mortgage age and loan term are relaxed, and children can be loaned up to 100 years old as co-borrower.
Chen Wenjing, director of market research of the Central Reference Institute, said in an interview with the Securities Times reporter that the current loan still needs to meet the requirement that the borrower's age should not exceed 70, but if the children are the same borrower and the longest loan period is 30 years, they can be loaned to 100.
However, a salesperson of the property told the Securities Times reporter yesterday afternoon, "The content on this poster has been cancelled, but it can be lent to 80 years old at present."
Earlier, it was reported that some banks in Nanning took the lead in relaxing the borrower's "age+term" from 70 to 80. However, the new regulations have not yet landed.
Yan Yuejin, research director of Yiju Research Institute, said that the actual content of such posters in Nanning is "children buy houses with the qualifications of the elderly, and then repay the loans for the elderly", which is also "relay loans", which is a way to edge the ball. If there is too much hype, it is not ruled out that there will be follow-up credit policy control or standardized operation.
There are banks in Beijing
Loans can be made until the age of 95.
In addition to Nanning, recently, Ningbo, Wuxi, Chengdu, Beijing and other places also spread the news of relaxing the age limit for mortgage loans.
Yesterday, the Securities Times reporter called ICBC, China Merchants Bank, Bank of Communications and other branches in Beijing to learn that ICBC's maximum mortgage age is 75 years old, China Merchants Bank can reach 85 years old, and Bank of Communications can reach 95 years old, but all children must guarantee or repay.
Among them, the staff of the personal loan department of a branch of ICBC in Dongcheng, Beijing told the Securities Times reporter that the highest age of the borrower is 70 years old, and the borrower's age plus the loan period cannot exceed 75 years old, which means that the mortgage application at the age of 70 must be paid off within 5 years.
However, the staff member also said, "Now loans can also be made according to the age of the children, so the loan period will be longer, and the longest loan can be 25 years. In other words, the elderly are the main borrowers, and the children and the elderly are the same borrowers, but the loan period is calculated according to the age of the children. "
A loan manager of China Merchants Bank in Beijing told the Securities Times reporter that the rule of China Merchants Bank is that the borrower is no more than 70 years old, and the age plus the loan time is 85 years old.
The manager further explained that, for example, a 70-year-old man can apply for a loan for up to 15 years as long as he meets the bank policy. However, he stressed, "In the most extreme case, when the borrower is 70 years old, he can give you a loan at most 15 to 85 years old, but he may not be able to apply."
"This requirement is that the children should take the borrower as * * *, and the information and qualifications provided by the children are consistent with the requirements of the borrower. As a borrower, children should also go to credit. " The above manager said.
A staff member of a branch of Bank of Communications in Dongcheng, Beijing told the Securities Times reporter, "The policy stipulates that the borrower should not be over 70 years old. If you want to borrow for a long time, you can add a witness and use your child as a guarantee. You can keep it for 25 years, which is the longest. You can go back to 95. But in fact, it is basically not 95 years old, because we require borrowers to apply before their 69 th birthday when lending money. "
Chen Wenjing told the Securities Times reporter that for property buyers, extending the maximum loan age provides policy support for the elderly who need to buy a house, lowers the threshold for the elderly to buy a house, helps to release the housing demand of this group, and ensures the housing demand of the elderly group. For banks, it is helpful to reduce the probability of loan risk to some extent that the elderly buy a house and their children act as borrowers or guarantors. In the short term, the policy of extending the maximum loan age is expected to appear in more cities, and the credit side will further strengthen its support for housing demand to meet the reasonable housing needs of middle-aged and elderly people.
However, Zhang Dawei, chief analyst of Zhongyuan Real Estate, believes that the above practice may actually be a "relay loan", that is, children no longer meet the conditions of purchase restriction and loan restriction. In this case, parents may have no house or loan, and parents, as mortgage applicants, help their children (as borrowers) to buy housing credit products. This kind of "relay loan" that bypasses the loopholes in the policy of restricting purchases and loans has long been in a gray area, behind which are buyers who restrict purchases and loans, in order to qualify for the first home loan.
Zhang Dawei believes that this operation may reduce the monthly pressure on some middle-aged and elderly buyers and extend the repayment period. However, on the whole, the policy has little impact on the market, because the provisions that the age of the lender is no more than 70 years and the maximum loan period is 30 years have not changed.