LPR pricing benchmark refers to the loan interest rate executed by financial institutions for their best customers. Other loan interest rates can be determined by adding and subtracting points on the basis of LPR according to the borrower's credit situation, taking into account factors such as mortgage, term, interest rate floating mode and type.
The LPR mechanism was founded in June 20 13, and the central bank completely liberalized the loan interest rate control of financial institutions in July 20 13, and then LPR was born. Before August 20 19, 10 banks organized quotations to generate LPR interest rates. From August 20 19, the number of quotation lines increased to 18.
On the 20th of each month, 18 banks quote their own medium and long-term commercial loan interest rates, excluding the highest and lowest prices, and the remaining 16 banks quote to calculate the average LPR interest rate of the month.
2. Is the price confirmed by both parties in the loan contract the loan amount or the real estate? ...
Loan Mortgage Guarantee ContractNo.: Mortgagor (Party A): Address: Legal Representative (or Authorized Agent): Account Opening Financial Institution and AccountNo.: Mortgagee (Party B): Address: Legal Representative (or Authorized Agent): In order to guarantee the loan contract, Party A is willing to use the property it has the right to dispose of as collateral, and Party B agrees to accept the property mortgage of Party A after examination. According to relevant laws and regulations, Party A and Party B have reached the following terms through consultation: Article 1 Party A will mortgage the real estate listed in the Mortgage List (attached). Article 2 The loan amount secured by Party A's mortgage (in words) is from to. Article 3 Party A guarantees to enjoy the ownership or management right of the mortgaged property according to law. Article 4 On the effective date of this contract, Party A shall submit the ownership certificate of the mortgaged property to Party B. During the mortgage period, Party B shall keep the ownership certificate of the mortgaged property. Article 5 Scope of mortgage guarantee: loan amount (in words) yuan and interest, liquidated damages payable by the borrower (including penalty interest), compensation and expenses (including attorney fees and legal fees) for realizing loan creditor's rights and mortgage rights. Article 6 The validity of this contract is independent of the secured loan contract, and the invalidity of the loan contract does not affect the validity of this contract. Article 7 All expenses related to evaluation, insurance, appraisal, registration and storage under this contract shall be borne by Party A. Article 8 During the mortgage period, Party A has the obligation to properly keep the collateral intact and accept the inspection of Party B at any time. Article 9 During the mortgage period, Party A shall handle property insurance for the mortgaged property. The first beneficiary of property insurance is Party B. The insurance documents are kept by Party B on its behalf. Article 10 During the mortgage period, if the insurance coverage of the collateral is damaged or the value of the collateral is reduced due to the actions of a third party, the insurance compensation shall be deposited into the account designated by Party B as the mortgaged property, and Party A shall not use it during the mortgage period. Article 11 Where the value of the collateral decreases, Party A shall provide Party B with a guarantee equivalent to the decreased value within 30 days. Article 12 During the mortgage period, if the collateral causes environmental pollution or other damage, Party A shall bear the responsibility by itself. Article 13 During the mortgage period, without the written consent of Party B, Party A shall not give, move, lease, transfer, remortgage or dispose of the collateral under this contract in any other way. Article 14 During the mortgage period, with the written consent of Party B, the proceeds from the transfer of collateral by Party A shall have priority to pay off the secured creditor's rights to Party B in advance. Article 15 After the expiration of the loan contract, if the borrower fails to pay off the debt, Party B has the right to receive priority compensation by discounting the collateral or by auction or sale of the collateral to realize the mortgage right. Article 16 Under any of the following circumstances, Party B has the right to dispose of the collateral in advance to realize the mortgage right, stop issuing the loan under the loan contract or recover the loan principal and interest in advance: 1. Party A is declared bankrupt or dissolved; 2. Party A violates the obligations stipulated in Articles 4, 8, 9, 11 and 13 of this contract or commits other serious breach of contract; 3. During the performance of the loan contract, the borrower is declared bankrupt, dissolved or changes the enterprise system without authorization, which leads to the invalidation of the loan creditor's rights of Party B, the change of the loan purpose, the involvement or imminent involvement in major litigation (or arbitration) procedures, and other acts that may affect its solvency or lack the sincerity to pay debts. Article 17 If Party A conceals the existence, dispute, seizure, seizure or mortgage of the collateral, causing economic losses to Party B, it shall pay Party B a penalty of% of the loan amount under the loan contract. If the liquidated damages are insufficient to make up for Party B's losses, Party A shall also compensate the insufficient part. Party B has the right to directly deduct liquidated damages and compensation from the deposit account opened by Party A in Party B ... Article 18 The proceeds from Party B's disposal of collateral according to law shall be distributed in the following order: 1. Pay the expenses required for disposing of the collateral; 2. Pay off the loan interest owed by the borrower to Party B; 3. Pay off the loan principal, liquidated damages (including penalty interest) and compensation owed by the borrower to Party B; 4. Pay other expenses. Article 19 Other agreed matters: Article 20 Any dispute arising from this contract that cannot be settled through negotiation shall be settled by the following Option (): (1) Apply to the Arbitration Commission for arbitration. (2) to the people according to law. Article 21 This contract shall come into effect as of the date when all mortgaged properties in the List of Mortgaged Properties are registered. Article 22 This contract shall be signed and sealed by the legal representatives of both parties (or their authorized agents). Article 23 The original of this contract is in duplicate, with each party holding one copy. Party A: (official seal) Party B: (official seal) Legal representative: Legal representative: (or entrusted agent) (or entrusted agent)
Three, loan pricing refers to determine which loans.
The pricing of loans refers to how to determine the interest rate of loans, determine the compensation balance, and charge fees for some loans. One; The loan price in a broad sense includes loan interest rate, loan commitment fee and service fee, prepayment or overdue penalty, etc. The loan interest rate is the main component of the loan price. In macroeconomic operation, the main factor affecting the overall level of loan interest rate is the supply and demand of funds in the credit market. From the micro level, in the actual operation of loan business, banks as loan suppliers should consider many factors. First, the capital cost and operating cost of credit products provided by banks. As mentioned above, the cost of capital has two different calibers: historical average cost and marginal cost, and the latter is more suitable as the pricing basis of loans. The operating cost is the direct or indirect cost incurred by the bank for pre-lending investigation, analysis, evaluation and loan follow-up. Second, the risk content of the loan. Credit risk exists objectively, but in different degrees. Banks need to claim for default risk on the basis of predicting loan risk. Third: the loan term. Loans with different maturities are subject to different interest rates. The longer the loan term, the worse the liquidity, and the more uncertain factors such as interest rate trend and borrower's financial situation, so the loan price should reflect a relatively high term risk premium. Fourth, the profit target level of banks. On the premise of ensuring loan security and market competitiveness, banks will strive to make the loan yield reach or exceed the target rate of return. Fifth, the competitive situation in the financial market. Banks should compare the loan price level of their peers as a reference for their loan pricing. Sixth, the overall relationship between banks and customers. Loans are usually the support point for banks to maintain customer relationships, so the business cooperation relationship between customers and banks should also be fully considered when pricing bank loans. Finally, banks sometimes require borrowers to maintain a certain deposit balance, that is, the balance of deposit compensation, as an additional condition for issuing loans. The balance of deposit compensation is actually an implied loan price, so it has a trade-off relationship with the loan interest rate. On the basis of comprehensive consideration of various factors, banks have formulated several loan pricing methods, each of which embodies different pricing strategies.
Four, loan pricing refers to determine which loans.
The pricing of loans refers to how to determine loans and charge fees for some loans.
One; The loan price in a broad sense includes loan interest rate, loan commitment and so on. The loan interest rate is formed in the process of loan operation, and the main factor affecting the overall level of loan interest rate is the supply and demand of funds in the credit market. Judging from the actual operation of micro-loan business, banks, as loan suppliers, should consider many factors.
First, the capital cost and operating cost of credit products provided by banks. As mentioned above, the cost of capital has two different calibers, and the latter is more suitable as the principle of bank investigation, analysis, evaluation and post-loan tracking and monitoring.
Second, the risk content of the loan. Credit risk exists objectively, but in different degrees, so banks need to claim compensation when predicting the risk of loan default. Paragraph applies to different interest rates. The longer the loan term, the worse the liquidity, and the more uncertain factors such as interest rate trend and borrower's financial situation, so the loan price should reflect a relatively high term risk premium. Fourth, the profit target level of banks. In the case of guaranteed loans, banks will strive to make the loan yield reach or exceed the target rate of return.
Fifth, the competitive situation in the financial market. Banks should compare the loan price level of their peers as a reference for their loan pricing. Sixth, banks and customers usually maintain the pricing of customer loans, and the business cooperation between customers and banks should also be fully considered. Finally, banks sometimes require borrowers to keep loans as additional conditions. The balance of deposit compensation is actually an implied loan price, so it has a trade-off relationship with the loan interest rate. Banks are considering various price-related methods, each of which embodies a different pricing strategy.