Frequently asked questions 1: What factors will affect the loan amount?
First, personal credit, personal credit is a crucial factor when applying for a loan. Poor credit information will directly lead to loan rejection or loan quota reduction. At present, many banks will check the borrower's credit record first when handling loan business. If the overdue situation is serious, the loan application will be directly rejected. Banks have different requirements for personal credit information, but common audits include whether the loan principal or interest is in arrears for more than 3 installments or accumulated for more than 6 installments, and the current situation of the central bank's personal credit information system (including mortgage, car loan, consumer loan and credit card). ) overdue and so on.
Second, occupation, to some extent, the different nature of units and posts means different stability. Therefore, when applying for loans, civil servants, teachers, doctors, Fortune 500 employees and other groups with stable occupations have become particularly favored by lending institutions.
Third, the embodiment of the applicant's income, the bank's income certificate is also a necessary material when applying for a loan. Without proof of income, loans are generally not granted.
It is worth mentioning that the form of income is also crucial. For wage earners, there is a world of difference between cash payment and bank payment (that is, punching in). In mortgage loan applications, it often happens that an applicant who pays 4,000 yuan on time every month is granted a larger amount than an applicant who has deposited more than 10,000 yuan in cash. This is because the advantages of paying wages through banks and enterprise accounts are obviously stronger than other forms.
In addition, the smoothness of telephone communication between bank staff and contacts will also affect the loan amount. When applying for a loan, the applicant will be required to fill in the relevant contacts, such as relatives, friends, colleagues, etc. Although not all phone calls will be verified, some contacts will be selected. If the sampled people can cooperate well, it will also help the applicant's application amount.
FAQ 2: How to choose average capital and equal principal and interest?
Is the repayment method average capital or a loan with equal principal and interest? Insiders admit that this is the most frequently asked question, and even every customer who comes to consult a loan will ask it.
The repayment method of equal principal and interest, with the same monthly repayment amount, is beneficial to the advantages of memory, planning, convenient repayment and fixed repayment pressure, and is more suitable for young mortgage buyers. At first, I felt great pressure to buy a house, but later, with the growth of age or promotion, my income will increase and I feel relatively at ease.
Average capital's repayment method, the repayment amount in the early stage is relatively large, and then decreases month by month, so it is more suitable for people with strong repayment ability in the early stage, such as property buyers with investment needs, and more people will choose average capital's repayment method. In the case of short loan time, on the one hand, it can save some interest, on the other hand, it can quickly reduce the remaining principal, repay the loan in advance if necessary, and then sell the house to cash out for other investments or capital turnover.
Which of these two methods is more cost-effective, only depends on which is more suitable for the lender's situation. To put it simply, equal principal and interest are more suitable for buyers who just need it during the struggle period, while general funds are suitable for improved buyers with better economic foundation.
FAQ 3: Is the second-hand housing loan more difficult than the new house?
At present, there is a big difference between buying a new house and buying a second-hand house in the calculation of loan down payment.
When handling a new house loan, the down payment shall be based on the market price at the time of purchase, and the loan proportion shall be determined according to the number of personal loans and the credibility of personal loans.
Different from the new housing loan, the second-hand housing loan is based on the "second-hand housing evaluation price" as a reference. The so-called appraisal price is based on the market situation at that time, and the professional appraisal institution designated by the bank evaluates and calculates the value of the property. Generally, the evaluation price of second-hand houses is lower than the market price. Appraisal prices are mostly 80%-90% of the market value of second-hand houses, and some houses will be lower.
The age of second-hand houses is an important factor affecting the loan life. It is reported that at present, most state-owned banks still implement the provision of "loan term+housing life not exceeding 40 years", but some city commercial banks have relaxed the conditions to more than 45 years.
FAQ 4: Is it suitable for everyone to repay the loan in advance?
Industry insiders remind that not everyone is suitable for repaying loans in advance, and it is best to judge by combining the macro environment and personal actual situation. Whether to repay the loan in advance at the end of the year mainly considers four issues: loan interest rate, personal investment ability, personal short-term capital demand and economic environment.
First of all, it depends on the loan interest rate determined in the contract signed by the customer when lending. If you use provident fund loans, the annual interest rate is only about 3.25%. In this case, there is no need to rush to repay. For customers who use commercial loans, the current loan interest rate for the first suite for more than 5 years is 4.9%, and most banks in the island city can apply for a 15% discount. In this case, there is no need to prepay.
Secondly, whether to repay in advance needs to consider the individual's investment ability. If property buyers have other better investment and wealth management projects, such as stocks, funds, bonds, wealth management products, etc. If the expected income can cover the loan cost, the customer had better invest the working capital.
(The above answers were published on 20 16- 12-03. Please refer to the actual situation for the current purchase policy. )
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