Sina Leju News (Editor Pan Yichun, Intern Editor Huang Yanping) At the end of 2013, loan restrictions were upgraded. The 60% down payment for second-home loans that had existed in Guangzhou for nearly 3 years was officially changed, and 70% down payment was fully covered in Guangzhou. . With the arrival of 2014, the 15% discount on first home loan interest rates has officially ended in Guangzhou. Standard Chartered Bank, which still retains this interest rate discount at the end of December, said that it currently implements the benchmark interest rate for first home loans, and customers with deposits of more than RMB 100,000 in Standard Chartered Bank can apply for a 50% discount interest rate. The staff of the bank also said that whether the 15% discount interest rate will be restored depends on the loan quota in 2014. From 12 to 0, the first home loan interest rate is 15% off and bid farewell to Guangzhou. Looking back at 2013 at the beginning of 2014, you will suddenly find that Guangzhou’s housing loan policy has almost undergone earth-shaking changes this year. In the first week of 2013, 12 banks in Guangzhou retained the 15% discount interest rate for first home loans, and the highest interest rate was only the base interest rate. By the first week of 2014, all major banks in Guangzhou had withdrawn their 15% discount on interest rates. The highest discount on first home loan interest rates is only 10% off, all from foreign banks, and the application threshold is relatively high. HSBC staff said that the bank only offers a 10% discount on interest rates for loans above 1 million. Hang Seng Bank sets this threshold as "above 900,000", and mortgage loans below 900,000 can only apply for a 50% discount interest rate. Standard Chartered Bank is targeting deposit customers. According to reports, customers with a deposit of more than RMB 100,000 in the bank can apply for a 50% discount on their first home loan. As for Chinese banks, Bank of China, China Merchants Bank and China Everbright Bank implement benchmark interest rates. In addition, 9 banks in Japan have raised interest rates, with the range of increases ranging from 5 to 20. There are three banks that have suspended lending this week, namely China Guangfa Bank, China Minsheng Bank, and Ping An Bank. Among them, China Guangfa Bank stated that second-hand housing loans are completely suspended, and for first-hand properties, it only accepts housing loans for cooperative properties. The interest rate for second-home loans will increase by a minimum of 10%, and the loan will be disbursed as soon as two weeks. Second-home loans have also changed a lot. First of all, in 2014, the 60% down payment for a second home loan no longer existed, and was replaced by a 70% down payment. Looking back at the first week of 2013, Guangzhou’s second-home loan interest rates basically increased by 10%, and ICBC even provided benchmark interest rates for some customers. In the first week of 2014, Guangzhou's second-home loan interest rates rose by more than 10%, with the overall increase ranging from 10% to 20%. In terms of loan time, except for Agricultural Bank of China and China Merchants Bank, which said they were "uncertain", all major banks claimed that they could lend money within 1-2 months. Citibank was the most efficient, saying it could lend money within two weeks.

A detailed overview of Guangzhou’s mortgage policies this week

Bank name

First home loan Second home loan Loan time

Consultation phone number

Industrial and Commercial Bank of China’s base interest rate for down payment of 30% will increase by 5%, and the interest rate for 70% of down payment will increase by 15%. It will take about 20 days to disburse the loan. 38918223 Hongmian Branch

Agricultural Bank of China’s Agricultural Bank of China’s interest rate for 30% down payment will increase by 5%. The interest rate for 70% of down payment will increase by 5%. 10 Uncertain 38850717 Dongcheng Sub-branch

Bank of China base interest rate of 30% down payment and 70% down payment interest rate increased by 10-20 Approval within 10 days, loan disbursement one week after approval 86553326 Guihuagang Sub-branch

Construction Bank The interest rate for 30% down payment will increase by 3%. The interest rate for 70% down payment will increase by more than 6%. The first loan will be issued in about one month, and the second loan is more difficult to approve. 85617195 Tianfu Road Sub-branch

China Merchants Bank The base interest rate for down payment of 30% will increase by 10%. The interest rate for 70% down payment will increase by 10%. Uncertain 84418419 Haizhu Sub-branch

China Everbright Bank 30% down payment base interest rate 70% down payment interest rate increased by 10% Approval can be completed within two weeks, loan will have to wait until after the Lunar New Year 83311073 Dongshan Sub-branch

Hua Xia Bank The interest rate for 30% down payment will increase by 5-10%. The interest rate for 70% down payment will increase by at least 10%. Loans can be made in about a month. 86345466 Baiyun Branch

CITIC Bank The interest rate for 30% down payment will increase by 20%. The interest rate for 70% down payment will increase by 20%. After 2 months 32201600 Development Zone Sub-branch

Shanghai Pudong Development Bank’s interest rate for 30% down payment will increase by 10%

Interest rate for 70% down payment will increase by 10%

About a month 83511513 Yuexiu Sub-branch

Industrial Industry Bank The interest rate for 30% down payment will increase by more than 10%. The interest rate for 70% down payment will increase by more than 20%. One and a half months 38909782 Zhujiang New Town Branch

Bank of Communications The interest rate for 30% down payment will increase by more than 5%. The interest rate for 70% down payment will increase by more than 10%. The fastest one month 89803565 Xingang Branch

Guangzhou Rural Commercial Bank’s interest rate for 30% down payment will increase by 20%. Interest rate for 70% down payment will increase by 20%. The fastest one month is 38693614 Lirendong Branch

HSBC Bank’s base interest rate for down payment of 30% (above 1 million, 10% off interest rate (RMB 500,000-1 million, 95% off interest rate) 70% down payment interest rate plus 10%. It takes 2 months at the end of the year, usually 1-1.5 months 83131048 Aoyuan Plaza Branch

Standard Chartered Bank 30% down payment base interest rate (Customers with deposits of more than RMB 100,000 in Standard Chartered will enjoy a 50% discount on the interest rate) The interest rate for the down payment of 70% will increase by RMB 15-20. The loan will be disbursed within 1-3 months. 83969188 Tianhe Sub-branch

Citibank The base interest rate for the down payment of RMB 300,000 95% off the above interest rates) The interest rate for the down payment of 70% is increased by 10%. The fastest loan can be made within two weeks. 38171837 Fortune Plaza Branch

Hang Seng Bank The base interest rate for the down payment is 30% (10% off for the interest rate above 900,000, and 95% off for the interest rate below 900,000) Down payment 70% interest rate rises by 10% and loans will be issued in about a month 38110668 Zhongshan Sanlu Branch

China Guangfa Bank Mortgage Mortgage Suspended Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Mortgage Loan p>Ping An Bank Mortgage Suspended Mortgage Mortgage Suspended --- 62987987 Fengle Road Branch

Minsheng Bank Mortgage Mortgage Suspended Mortgage Mortgage Suspended --- 85239155 Tiyuxi Branch