Shandong Ji'nan property market observation: why provident fund is generally "abandoned"?
March 14th, the reporter, with the identity of the buyer, made a random telephone consultation to a number of real estate in Shandong Ji'nan high tech Zone, Tianqiao District, Huaiyin District and the calendar District, and the 8 apartments of the reporters randomly consulted "do not recommend the use of the public." MPF loans to buy a house "."
low interest rate provident fund loans can not be used, but are forced to choose high interest commercial loans. Recently, many of the buyers who want to use the provident fund loan are looking at the loan, and the Ji'nan property market provident fund has been "abandoned" by the Ji'nan property market because of the longer examination and approval time and the long loan time.
Ji'nan provident fund loan status: most of the buildings do not receive
in March 14th. In March 14th, the reporter, with the identity of the buyer, made a random telephone consultation on the Ji'nan Hi-tech Zone, the Tianqiao District, the Huaiyin District and the calendar district. In addition to a project that has not opened the "opening after the opening of the reply", the reporter's 8 apartments for random consultation are "not recommended by the use of provident fund loans to buy a house." There are also sales staff said: "if we must use provident fund loans, then the price of provident fund loans to buy houses will be higher than the price of commercial housing loans."
most of the staff are very enthusiastic when they have just switched on the phone. After hearing a reporter's consultation, if they can buy a purchase, most of the mood has become lost. "We do not recommend buying a house with a provident fund, and we can choose commercial loans" in Ji'nan. The home buyers consultant of Nan Yi Hui Hao court reminded that "because the loan is too slow, many projects in Ji'nan do not accept the provident fund loan now. If you want to buy a loan, you'd better take a bank mortgage. " Green Spring Garden Jiayuan home consultant directly said, "because the property has not been capped, can not use provident fund loans."
reporter immediately interviewed a number of buyers, most people said that the provident fund loan is "very troublesome", and that the use of provident fund loans should also be combined business loans, so it is better to simply use commercial loans. "Now most of the real estate does not accept provident fund loans to buy a house."
not to accept the accumulation fund reasons: the developer's repayment pressure is big, the fund loan time is long
a real estate project marketing director of Ji'nan high tech Zone discloses privately, the developer does not accept the accumulation fund to buy a house to have two kinds of conditions: one is the developer because the fund loan is slower than the bank merchant loan. It is the developer who wants to receive, but because he has not obtained the approval, or because the quota is exhausted, he can not receive it.
it is understood that the first item of provident fund loan should first be applied to the municipal provident fund management center, after being approved, and then according to the amount of the loan of the provident fund center for each period of time, it can be accepted by the buyer's provident fund.
"there is no money in the provident fund, so the loan period is also extended indefinitely." A project leader said: "the loan period of the provident fund usually takes about 3 months, but this year, the cycle is getting longer and longer. If the loan amount is finished with the real estate, the developers want to accept the purchase of the purchase of the buyer's provident fund, which can only be queued and so on. The lending cycle is far more distant.
there are also industry insiders said: "now the developer's capital pressure is not small, and the accumulation fund is too slow, the approval time is long and tedious, sometimes it will be inexplicable to be retrial. Many developers are more willing to choose a relatively fast commercial loan. "
reporters learned from many developers that many properties were reluctant to accept the provident fund because of the long cycle of provident fund lending and slow approval.
reporters call the Ji'nan provident fund management center on the question whether there is a long loan period and slow approval.
provident fund management center saying: "lenders asked the bank
reporter to call Ji'nan provident fund service center, the loan advisory staff said, according to each entrusted bank is different, the loan time is different:" we can only guarantee the first trial time is completed in 10 - 15 work days, the specific lending time of me They can't guarantee it, too. The loan is not in our possession, nor can we do it. "
staff said, "there is no money in the provident fund." this statement: "in addition to the first trial, there is a review, loan review and other processes, as long as the formalities can be tried, generally can lend to the provident fund."
reporters asked what materials needed to apply for provident fund, and the staff said, "the bank you know is specific. Sometimes the process is just the reason for the bank. "
industry: the lack of provident fund inventory is the main cause of the slow cycle
industry people generally believe that the main reason for the long period of approval of the provident fund, the slow payment of funds is due to the insufficient funds of the provident fund stock, thus choosing a conscious slowdown in the lending cycle.
reporter consulted the relevant background information. In September 3, 2013, Ji'nan issued a new policy for the withdrawal of provident fund, and plans to implement it in October 1st. After the release of the new deal, a large number of citizens were drawn to panic. Before the implementation of the new policy, the public took out the "provident fund" of Ji'nan provident fund service hall. The biggest change after the new deal is to prohibit the one-time withdrawal of the reserve fund before paying off the mortgage.