In the second half of 20 15, the benchmark interest rate of RMB one-year loan was lowered by 0.25 percentage point to 5. 1%, which made the pressure on residents to buy houses greater. Even if you buy a second-hand house, you have to buy a house through a loan. Now that the property market policy has changed, there are various loan methods. What kind of loan method is in line with market demand? Second-hand housing loans, should choose provident fund loans or commercial loans? Let's take a look at the characteristics of various loan methods in the coming year, and second-hand housing buyers can choose accordingly.

The interest rate of provident fund loans is relatively low.

Housing provident fund is welcomed by many buyers, mainly because its interest rate is much lower than that of commercial loans. At present, the annual interest rate of the first home loan in various regions is 4% within 5 years (including 5 years) and 4.5% over 5 years; The annual interest rate of the second home loan is 4.4% within 5 years (including 5 years) and 4.95% above 5 years.

Commercial loan is a floating loan interest rate based on the benchmark interest rate of the central bank. There are almost no preferential interest rates for bank housing loans in various regions. Even if there are concessions, the interest rate is higher than the housing provident fund. At present, the loan term is within 1 year and the annual interest rate is 5.35%; 1-5 The annual interest rate is 5.75%; The 5-year annual interest rate is 5.90%, which is relatively high.

Business loan procedures are simpler.

To apply for a provident fund loan, the borrower must first submit the loan application form and application materials to the personal loan department, and need income proof and other materials; Then the personal loan department reviews the loan application and makes on-the-spot investigation, and then reports it to the loan review committee for approval. Then the entrusted bank informs the borrower to open a repayment reserve account and sign a loan contract and a guarantee contract with it, and then the borrower goes through the registration formalities of the collateral or pledge right. After these procedures are completed, the personal loan department allocates loan funds and the entrusted bank issues loans. The procedure is complicated.

Commercial loan means that after the borrower signs the house purchase contract, it directly provides the relevant materials to the relevant bank agency or the developer who has signed a cooperation agreement with the bank, and then the bank inquires about the personal credit record and reviews the relevant materials, which can be processed if it meets the access conditions, saving time and effort.

With the development of the real estate market in China, the house price has exceeded the expectations of ordinary buyers. If property buyers meet suitable second-hand houses and are ready to buy them, there is no doubt that loans are the best way. However, in the choice of specific loan methods, second-hand housing buyers should combine their own situation and the respective advantages of the two loan methods and strive to choose a suitable and economical loan method.

(The above answers were published on 20 15-09-25. Please refer to the actual situation for the current purchase policy. )

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