202 1 mortgage has been tightened, and many banks have been stricter in reviewing credit information than in previous years. 202 1 The new housing loan policy has the following provisions:
First, the first home mortgage down payment ratio requirements:
1. The down payment ratio of provident fund loans is not less than 20% for the first suite, and not less than 30% for housing provident fund loans over 90%.
2. The down payment ratio of the first home commercial loan is 30%, and the interest rate of commercial loan to buy a house rises.
Second, the first suite deed tax requirements:
The purchase area of the first suite is 90 square meters or less, and the deed tax is1%; The purchase area is over 90 square meters, and the deed tax is 1.5%.
legal ground
Interim Measures for the Administration of Personal Loans Article 7 The use of personal loans shall comply with the provisions of laws, regulations and relevant state policies, and lenders shall not issue personal loans without specific purposes.
202 1 new policy of first home loan
202 1 new policy of first home loan;
1. The maximum amount of house purchase loan is 80% of the total house price; The purchased housing area exceeds 90 square meters, and the maximum loan amount is 70% of the house price;
2. The minimum down payment is 20% of the house price; When the construction area of the purchased house exceeds 90 square meters, the minimum down payment ratio is 30%;
3. If you choose to apply for a commercial loan, you can enjoy the preferential interest rate of the bank, which is generally around 10%. There is no discount for applying for provident fund loans. However, the interest rate of provident fund loans is still the lowest;
4. Choose provident fund loan, with loan interest rate of 1-5 years and annual interest rate of 2.75%; 6-30 years, with an annual interest rate of 3.25%;
5. Choose a commercial loan with the interest rate of 1-5 years and the annual interest rate of 4.75%; 6 to 30 years. The annual interest rate is 4.90%;
6. Applying for a mortgage requires you to have good credit and repayment ability; Applying for provident fund loans also requires continuous deposit of housing provident fund.
legal ground
Article 680 of the Civil Code of People's Republic of China (PRC) prohibits usury and the determination of loan interest, and the loan interest rate shall not violate the relevant provisions of the state. If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest. If the loan contract does not specify the payment method of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to the local or the parties' trading methods, trading habits, market interest rates and other factors; Loans between natural persons are regarded as interest-free.
Is there any new policy on bank loans?
The latest policy of bank loan is the conversion of LPR interest rate. The latest news in June 2020, banks can only choose LPR interest rate for loans now, and customers with fixed interest rate in the past can choose whether to switch to LPR interest rate.
At present, LPR includes 1 year and more than 5 years. LPR has a high degree of marketization, which can fully reflect the supply and demand of funds in the credit market. Using LPR for loan pricing can promote the marketization of loan interest rate and improve the transmission efficiency from market interest rate to credit interest rate.
On April 20, 2020, the People's Bank of China authorized the National Interbank Funding Center to announce that the loan market quoted interest rate (LPR) on April 20, 2020 was: 1 year LPR was 3.85%, down 20 basis points from the previous period, the largest rate cut since the LPR reform in August last year; The five-year LPR was 4.65%, down 10 basis point from the previous period.
Extended data:
Quotation line requirements
The LPR quotation bank shall meet the requirements of the macro-prudential policy framework, have established an internal rate of return curve and an internal transfer pricing mechanism, have strong independent pricing ability, have formulated the management measures for the quotation interest rate in the loan market of the Bank, and have other conditions conducive to quotation.
The self-discipline mechanism of market interest rate pricing evaluates the quotation quality of quotation banks, regularly adjusts the members of quotation banks, supervises and manages the operation of quotation interest rates in the loan market, and regulates the behavior of quotation banks and designated issuers.