Some major banks in Shenzhen have tightened housing loans, but this incident actually fully illustrates this. In relevant industries, such loan policies have been strengthened, so the quotas have also been tightened. 1. The reasons why major banks are tightening mortgage loans

You will find that the current policies for the real estate industry, especially mortgage loans, are gradually strengthening. For example, the conditions for loans for some properties have appeared. Large-scale tightening, even the quota has been reduced. This incident also fully demonstrates that this industry is currently undergoing rectification, so the loan review threshold has also been raised. Mortgage interest rates have also tightened, which is also observed in the flow of funds throughout the review process. Even the processing speed of mortgage loans for some residents' self-occupied houses will slow down significantly, and some shops on the streets with poor location and low traffic will even stop issuing loans. 2. Strictly control the flow of funds

The major banks in Shenzhen have tightened the tightening of this type of housing loans in order to control the flow of funds, and even carefully check every line. Check. In fact, housing mortgage policy is also one of the necessary means for some small and medium-sized enterprises to mitigate the risks faced by the company. It is because of mortgage loans that funds are borrowed from banks to maintain operations. However, with the impact of the epidemic, it can be found that most companies are in difficulty, so the amount of bank loans has also increased significantly. In order to fully consider future risks, it is natural that such policies must also be tightened and the threshold must be raised to avoid subsequent lame behavior. 3. The threshold for housing mortgage loans has increased

At present, it can be found that the threshold for this type of housing mortgage loans has been significantly increased. Those operators use their personal properties as collateral for repayable funds, thereby applying to banks for funds that can be used for consumption or even business operations. This type of mortgage still has to consider the individual's repayment threshold, so banks are also very strict about this.