What is "transfer with mortgage"?
The mode of "mortgage transfer", that is, the listing of mortgaged real estate transactions, does not need to repay the loan or pay in advance, only needs one application, and the merger of mortgage change, transfer registration and mortgage establishment can be realized in one window.
According to the official news of "Nanjing Real Estate", up to now, Nanjing Real Estate Registration Agency has completed the registration of 158 mortgaged houses through cooperation with more than 50 banks such as China Construction Bank and Nanjing Bank, with a transaction amount exceeding 500 million.
When this new policy comes out, can it directly promote the turnover of the second-hand housing market in Nanjing? What impact will it have on all parties in the market?
profit
Under the traditional mode, the homeowner needs to cancel the mortgage first, and then transfer the ownership, which involves the issue of funds for canceling the mortgage. Generally, buyers will pay in advance, or find a third-party company to pay in advance, which has certain financial risks and costs.
Now the closed-loop mode of the whole process of "transfer with mortgage":
On the one hand, it solves the problem of many transfer links before mortgage cancellation, and provides better, efficient and convenient real estate registration services for both parties to the transaction and the banking department;
On the other hand, it alleviates the difficulty of repaying the loan in advance or raising funds in advance in the traditional mode, effectively reduces the cost and risk of the second-hand housing mortgage transaction, protects the legitimate rights and interests of both parties to the transaction to the maximum extent, promotes the demand of the just-needed groups for buying houses, stimulates the vitality of the real estate market, and achieves good social benefits of "reducing costs, reducing risks and promoting convenience".
Intermediary voice
Intermediary A: Generally speaking, it must be a good thing. Banks are seamlessly connected, and the loan customers are undecided, which is conducive to business growth, eliminating the trouble of buyers and sellers and the pain of going back and forth to the bank for face-to-face signing. Intermediary saves a lot of trouble in bank screening and promotes the efficient completion of transactions.
Broker B: In the past, if the property buyers were suddenly dissatisfied with the property, they could change rooms, even if they signed online, they could cancel it, but if they could not open the mortgage, they could not transfer their ownership. Now, if you can cancel the mortgage, you can refinance the loan and make the next payment. If you don't use this loan within 3 months, it will be invalid, so it will indirectly guarantee the transaction.
Intermediary C: Mortgage transfer also has disadvantages. In the past, many loan intermediaries who lived on mortgages had no business.