199 1 China Construction Bank and China Industrial and Commercial Bank set up a real estate credit department to handle personal housing credit business, and formulated the Measures for the Administration of Housing Mortgage Loans for Employees. 2. Due to the slow progress of housing system reform, 1992 saw a real estate boom, and 1993 began to regulate.
3. In August, the People's Bank of China promulgated the Interim Measures for the Administration of Self-operated Housing Loans of Commercial Banks, 1995, which marked that the commercial housing loans of Chinese banks were on the right track. However, the conditions at that time were still relatively strict. First, it is required to provide double guarantees, that is, mortgage guarantee and guarantee guarantee. Second, the longest term is 65,438+00 years. Third, the borrower is required to pay a deposit in advance, the deposit amount is not less than 30% of the house price, and the deposit period must be more than half a year.
4.65438-0997, the People's Bank of China promulgated the Administrative Measures for Personal Guaranteed Housing Loans, which revised the original Interim Measures, mainly in the following aspects: First, there is no need for double guarantees. Second, the deposit period is not clearly defined.
Third, the interest rate policy clearly stipulates that the interest rate of fixed assets loans will be reduced in the same period. If the term is 5 years, the 3-year fixed asset loan interest rate will be implemented; If the term is more than 5 years to 65,438+00 years, the 5-year fixed asset loan interest rate will be implemented; If the term is more than 10 years, it will rise appropriately on the basis of the 5-year fixed asset loan interest rate, with the maximum not exceeding 5%.
Four, the scope of use of the loan is the ordinary self-occupied housing built by the provident fund. Fifth, the loan subjects are commercial banks in 223 cities that have implemented housing projects and housing savings commercial banks in Yantai and Bengbu.
Six, the loan processing time is three months, that is, within three months, the bank will complete the loan evaluation and review, and make a formal reply to the applicant. 5.1In April 1998, the People's Bank of China issued the Notice on Increasing Housing Credit Investment to Support Housing Construction and Consumption, followed by the Measures for the Administration of Individual Housing Loans.
Compared with the Measures for the Administration of Personal Housing Loans promulgated by the People's Bank of China 1998 in April, the main differences are as follows: First, the scope of housing loans has been expanded. The original "Measures" stipulated that individual housing loans can only be used to buy self-occupied ordinary housing built with provident fund, while the new "Measures" stipulated that individual housing loans can be used to buy all self-occupied ordinary housing.
The second is to expand the scope of cities where loans are implemented. The original "Measures" stipulated that individual housing loan business was only implemented in pilot cities of housing projects, but the new "Measures" cancelled this restriction, that is, all towns can carry out individual housing loan business.
The third is to expand the scope of financial institutions that handle personal housing loans. Because the original "Measures" stipulated that individual housing loans can only be used for residents in pilot cities of housing projects to purchase self-occupied ordinary houses built with provident funds, in fact, only industrial, construction and agricultural banks can handle individual housing loans. After the new "Measures" cancel the above restrictions, almost all banks can handle individual housing loans.
Fourth, the interest rate is more favorable. It is stipulated that the interest rate of housing loans for commercial banks' own accounts will fluctuate according to the statutory loan interest rate, that is, the personal housing loans with a term of 5- 10 will be subject to the general loan interest rate of 3-5 years and the general loan interest rate of 1-3 years will be subject to the term of 3-5 years.
The fifth is to speed up the formalities. From the original three months to three weeks.
The implementation of this policy has directly promoted the growth of housing loans. 1998 personal housing loans increased by 32.4 billion yuan over the previous year, and 1999 increased by 85.8 billion yuan. 6. During the period of1999, the People's Bank of China issued "Several Opinions on Encouraging Consumer Loans", which increased the proportion of housing loans to house prices from 70% to 80% and encouraged commercial banks to provide all-round high-quality financial services.
In September of the same year, PBOC adjusted the term and interest rate of individual housing loans, extended the maximum term of individual housing loans from 20 years to 30 years, and further lowered the interest rate of individual housing loans by 10%. At the same time, the term of provident fund loans has also been adjusted accordingly. The interest rate of provident fund loans for more than five years is 4.59%, and that for less than five years is 4. 14%.
With the increase of loan ratio, the extension of term and the decrease of interest rate, the lender's own funds need to be prepared are reduced. The extension of term and the decrease of interest rate mean that the pressure of repayment of principal and interest in each period is reduced. Therefore, in 2000, the growth of housing loans entered a stage of rapid growth.
Half of the new loans are used for personal housing loans. 7. On February 2, 2002, the People's Bank of China lowered the interest rate of individual housing provident fund loans for less than five years (including five years) from the current 4. 14% to 3.6%, and for more than five years from the current 4.59% to 4.05%.
8. On June 3rd, 2003, the People's Bank of China issued the Notice on Further Strengthening the Management of Real Estate Credit Business. This circular has some new policies and regulations on loans for real estate development enterprises: loans applied by commercial banks to real estate development enterprises can only be issued through real estate development loan subjects, and it is strictly forbidden to issue working capital loans for real estate development and other forms of loans.
At the same time, commercial banks are required to issue real estate loans, which can only be used for local real estate projects, and cross-regional use is strictly prohibited. At the same time, the "Notice" once again reiterated that the self-owned funds of real estate development enterprises applying for bank loans shall not be less than 30% of the total investment of development projects.
9.20 10 The the State Council executive meeting held on April 3rd required that the down payment for loans should not be less than 50% and the loan interest rate should not be less than 1. 1 times of the benchmark interest rate. For families who purchase the first home and have a building area of over 90 square meters in Xing Tao, the down payment ratio of the loan shall not be less than 30%.
On April 17, the State Council issued the Notice on Resolutely Curbing the Excessive Rise of Housing Prices in Some Cities, pointing out that the third and above housing loans can be suspended in areas with excessively high housing prices.
What changes have been made in the new loan policy compared with before? First, the down payment ratio was lowered, and the second suite was lowered to 30%. Reportedly, Changzhou is currently using the housing provident fund for the first time to buy a house, 90? 20% down payment for the following houses, 90? The down payment for the above houses is 30%.
After the implementation of the New Deal, the down payment ratio of the first loan was uniformly adjusted to not less than 20% of the total house price. At present, the down payment for purchasing a second house with provident fund is 60%. After the implementation of the New Deal, the down payment ratio has been lowered to 30%.
However, buyers still need to pay attention to the fact that the down payment ratio is lowered, which does not mean that the loan interest rate is also lowered. After the implementation of the New Deal, the interest rate of the first home loan is still based on the benchmark interest rate, and the interest rate of the second home loan rises to 1.
1 time. Change 2: the loan amount is increased. Under the current loan policy, two people can borrow 600 thousand. Individuals can borrow 300,000 yuan, and two people who meet the conditions for provident fund loans can borrow 500,000 yuan. If it is a public enterprise loan, you can borrow 600 thousand.
The loan amount applied by one person remains unchanged, which is 300,000 yuan. At the same time, the New Deal also raised the minimum loan amount.
For employees who have no housing provident fund withdrawal, loan records or purchase affordable housing, if two or more people meet the requirements, the loan guarantee amount will be increased from 300,000 to 360,000. In addition, for spouses of active servicemen who meet the loan conditions and leading innovative and entrepreneurial talents who normally pay the housing provident fund in Changzhou (identified by the Office of the Leading Group for Talent Work in Changzhou), if the applicant has no record of housing provident fund withdrawal and loan, the individual can borrow up to 600,000 yuan upon his own application.
However, the previous regulations on relaxing the deposit time and loan limit for high-level talents will no longer be implemented. Change 3: Relax the loan conditions, and you can get a loan after half a year. According to the current policy, the unit where the lender works and the employees themselves must pay the housing provident fund in full for more than 6 months (inclusive) at the same time before the employees can get loans. This is mainly aimed at the problems when employees change from new units to old units.
In addition, in order to adapt to the new situation of affordable housing with property rights and the division of housing property rights caused by the change of the borrower's marital relationship, the restriction that the main borrower must own more than 50% of the housing ownership was cancelled. Change 4: withdraw the provident fund of parents and children of the policy, or use it. Starting from May 1, employees will purchase houses in Changzhou, and the recipients of housing provident fund will be further relaxed.
Not only I and my spouse can withdraw the housing provident fund, but also the immediate family members of the same household registration book (only referring to the parents and children of the purchaser) can apply for withdrawing the housing provident fund. Because of high housing prices, it is often "family buying a house" rather than "individual buying a house". In most cases, individuals have to rely on the strength of the whole family to buy a house.
Relaxing the extraction target is to further reduce the burden of housing consumption of employees, and then increase the support of housing provident fund for employees to buy self-occupied housing, and give play to the supporting role of housing provident fund system for housing consumption. In addition, limiting the immediate family members to the parents or children of the same household is mainly to consider the actual housing situation of employees' families, and to tilt the housing provident fund support policy to low-and middle-income groups as much as possible to make the policy more fair.
What's the impact? After the down payment ratio of the first suite changes? After the change of the down payment ratio of the first suite, Beijing stipulates that the down payment ratio and loan amount will no longer be distinguished according to the nature of the house and the floor area of the apartment.
If it is 1 house and the personal loan of the corresponding housing provident fund has been settled, the borrower who buys the second house can implement the second housing loan policy, and the low down payment ratio can generally be reduced from 30% to 20%. These contents are also included in the down payment ratio policy for the first suite. The construction area of the first suite in Shanghai purchased by Shanghai mortgage loan is generally less than 90 square meters (inclusive), and the down payment is generally not less than 20%. At present, the first suite is purchased in Shanghai. The construction area of the first suite is generally below 90 square meters, and the down payment is not less than 20%. Construction area of more than 90 square meters, should not be less than 30%.
Generally, the down payment for purchasing a second-suite ordinary house is not less than 30%. There are also these new regulations on the down payment ratio of the first suite. According to Guangzhou regulations, the Guangzhou Housing Provident Fund Management announced that the down payment ratio can be adjusted to 20% for some families who have paid employees to apply for personal housing provident fund loans to purchase the first set of ordinary self-occupied housing.
For some employee families who own a house but have no loan record or own a house and have settled the corresponding house purchase loan, the low down payment ratio is 30%. The down payment ratio of the first suite stipulates that for some families who own a house but have not settled the corresponding home purchase loan, the down payment ratio of the loan is generally 40%.
Shenzhen has also stipulated the down payment ratio for the first suite, and a family cannot apply for two provident fund loans at the same time. Shenzhen Housing Provident Fund Management announced that when housing provident fund loans are issued to employees' families to purchase the first set of ordinary self-occupied houses, the down payment ratio of the first suite is generally 20%.
For those who own 1 house and have settled the housing provident fund loan, in order to improve their living conditions, the families whose employees have paid the housing provident fund will apply for the housing provident fund loan again to buy ordinary self-occupied houses, and the down payment ratio is generally 30%.
Please tell me the changing track of China's mortgage policy in recent years. According to informed sources, the central bank is taking the time to formulate specific policies.
In terms of restricting high-priced houses and moderately controlling real estate, the central bank may increase the down payment ratio of high-priced houses and investment houses. It is said that for such high-priced houses and investment houses, the down payment ratio may increase from 20% to 50%. In addition, in order to prevent some developers from "empty gloves and white wolves", the new terms may also refer to the practices of some banks in Hong Kong and implement existing home loans.
As for what kind of house is a high-priced house, how to judge whether the property is used for living or investment is still inconclusive. It is understood that the central bank has previously inspected the real estate loans of some city commercial banks and found that illegal loans and illegal amounts accounted for 9.5% of the total number and amount of inspections respectively.
8% and 24. 9%。
This inspection found that there are four main problems in real estate loans at present: first, for projects with incomplete "four certificates", real estate development loans are issued or the "four certificates" regulations of the central bank are circumvented, and real estate development loans are replaced by working capital loans; Second, when the developer's own funds have not yet reached 30% of the total investment in development projects, real estate development loans will be issued; The third is to relax the conditions of individual housing loans, reduce the down payment ratio, and issue individual commercial housing loans in the name of individual housing loans, which violates the policy of "capping the main structure of multi-storey residential buildings and two-thirds of the total investment of high-rise residential buildings"; Fourth, in violation of the existing housing management regulations, personal commercial housing loans were issued to forward houses, which violated the regulations that the loan-to-deposit ratio of personal commercial housing loans should not exceed 60% and the loan term should not exceed 10 year. It is these illegal operations that have caused bubbles in the real estate market in some cities, and the mortgage risk has suddenly increased.
Analyze the real purpose of mainstream funds and find the best profit opportunities! Insiders pointed out that it is precisely because of this survey result and the real estate bubble that has appeared in many cities across the country that the central bank made up its mind to adjust the mortgage terms. .
The new policy mortgage down payment ratio has changed. How much is the down payment now According to the Notice of the Ministry of Housing and Urban-Rural Development, the Ministry of Finance, the People's Bank of China and the China Banking Regulatory Commission on Issues Related to Standardizing the Individual Housing Loan Policy of Housing Provident Fund.
Use the housing provident fund loan to purchase the first set of ordinary self-occupied housing. If the construction area of Xing Tao is less than 90 square meters (inclusive), the down payment ratio of the loan shall not be less than 20%; If the construction area of Xing Tao is over 90 square meters, the down payment ratio of the loan shall not be less than 30%.
If you bought a commercial house (residence) by mortgage before and then sold it, and now you are going to buy a new commercial house (residence), applying for a provident fund loan is still the first option. Different from commercial banks, banks' recognize housing and loans', and provident fund centers' recognize housing but not loans'. In other words, the provident fund center only recognizes the real estate under the applicant's current name, and does not calculate the historical records of his own real estate and mortgage loans.
The first set of provident fund loans, with a down payment of several percent, are as follows:
1. The number of mortgage loans is determined by the borrower's family (including the borrower, spouse and minor children).
Second, for families who have used bank loans to buy the first set of self-occupied housing, and their per capita housing area is lower than the local average level, if they apply for housing loans from commercial banks again, they can implement the first set of self-occupied housing loan policy, but the borrower should provide the query results of the local real estate management department on the total housing area of the family based on the housing registration information system. The average level of local per capita housing is based on the data released by the statistics department last year. Others are implemented according to the second home loan.
Three, have used housing provident fund loans to buy a house. According to the Notice on Issues Concerning Standardizing the Individual Housing Loan Policy of Housing Provident Fund jointly issued by the Ministry of Housing and Urban-Rural Development, the Ministry of Finance, the People's Bank of China and the China Banking Regulatory Commission.
Use the housing provident fund loan to purchase the first set of ordinary self-occupied housing. If the construction area of Xing Tao is less than 90 square meters (inclusive), the down payment ratio of the loan shall not be less than 20%; If the construction area of Xing Tao is over 90 square meters, the down payment ratio of the loan shall not be less than 30%.
If you bought a commercial house (residence) by mortgage before and then sold it, and now you are going to buy a new commercial house (residence), applying for a provident fund loan is still the first option. Different from commercial banks, banks' recognize housing and loans', and provident fund centers' recognize housing but not loans'. In other words, the provident fund center only recognizes the real estate under the applicant's current name, and does not calculate the historical records of his own real estate and mortgage loans.
The first set of provident fund loans, with a down payment of several percent, are as follows:
1. The number of mortgage loans is determined by the borrower's family (including the borrower, spouse and minor children).
Second, for families who have used bank loans to buy the first set of self-occupied housing, and their per capita housing area is lower than the local average level, if they apply for housing loans from commercial banks again, they can implement the first set of self-occupied housing loan policy, but the borrower should provide the query results of the local real estate management department on the total housing area of the family based on the housing registration information system. The average level of local per capita housing is based on the data released by the statistics department last year. Others are implemented according to the second home loan.
Three, families have used housing provident fund loans to buy housing, and apply for housing loans from commercial banks again, according to the provisions of the preceding paragraph.
Four, commercial banks should earnestly fulfill the obligation to inform, require borrowers to submit proof materials such as real estate, income, household registration, tax payment, etc. according to the principle of good faith. All commercial banks shall not accept their credit applications if they find that they have filled in false information or provided false certificates. Commercial banks shall not accept false income certificates issued by verified units.