What does a real estate development loan mean?

1. What does a real estate development loan mean?

This is a mortgage, and it's paid in installments.

According to the Notice of the Ministry of Housing and Urban-Rural Development on Standardizing the Second Set of Housing Identification Standards in Commercial Personal Housing Loans:

1, the second house, according to the names of the actual family members (myself, spouse, children).

2, one room, up to mortgage

3. Fannie Mae and Freddie Mac implement differentiated mortgage policies: 50-70%;

4. Non-local residents need to provide a tax payment certificate or social security payment certificate for more than one year to buy a house locally and implement the Fannie and Freddie policy. If they can't provide loans, if Fannie Mae and Freddie Mac borrow too much or too fast, they can also stop lending.

Second, what is real estate finance?

Real estate finance can be divided into broad sense and narrow sense. Real estate finance in a broad sense is all financial activities related to real estate activities. The narrow sense of real estate finance is manifested in some specific financial forms, such as issuing bonds to real estate banks, setting up housing savings institutions, arranging the listing of real estate enterprises and funds, setting up mortgage securities companies, and securitization of mortgage loans. One view is that the simplest meaning of real estate finance is the financing of real estate funds. In fact, the financing of real estate funds is not equal to real estate finance. Financing is a major aspect of real estate finance, including real estate credit financing, real estate equity financing, real estate bond financing and trust financing. Real estate finance has many other financial functions besides financing, such as real estate insurance, real estate trust, real estate securities, real estate pawn and so on. The present situation of China's real estate finance is that it has not yet formed real real estate finance. Characteristics of real estate finance (1) Centralized real estate is a commodity, not only in terms of area and volume, but also in terms of value. Compared with most commodities, the value of real estate is greater. Generally speaking, a house ranges from hundreds of thousands to hundreds of thousands to tens of millions or even hundreds of millions of yuan. Therefore, whether in the production or circulation of real estate commodities, there must be huge capital investment. Therefore, in real estate financial activities, real estate development loans, real estate circulation loans or real estate consumption loans must have the participation of financial institutions and a stable and abundant source of credit funds. In foreign countries, the financing of real estate funds is usually carried out by specialized financial institutions (such as the Federal Housing Savings Bank of the United States, the Housing Bank of Brazil and the Housing Finance Corporation of Japan). (2) Long-term real estate development and construction needs to go through a series of complicated and time-consuming processes, such as land acquisition and development, completion of "three links and one leveling" or "seven links and one leveling", and then construction, (decoration) and completion acceptance. Compared with the production cycle of other commodities, real estate development takes longer, ranging from one year to two years to several years. In the field of circulation, because of its huge value, buyers are often unable to pay off the house price in one lump sum, and often buy houses by installment; If the invested funds are recovered by means of house leasing, the capital recovery cycle will be longer. Therefore, the use of real estate funds from input to output, fast for several years, slow for more than ten years, or even decades before it can be fully recovered. (3) the fixity of capital movement. House and land are connected and inseparable in material form. Because the land can't move, real estate is fixed in a certain place and can't move, which is usually called real estate. In exchange, it can neither move its spatial position nor exist logistics, and its circulation is only the change of ownership relationship. Therefore, the production, circulation and consumption of real estate commodities are all completed in the same geographical position in turn. This determines that the investment, form conversion and compensation of real estate funds are carried out in the same fixed position in order. (D) Capital appreciation On the one hand, real estate funds can bring benefits, that is, interest, which is a manifestation of the appreciation of real estate funds. The appreciation of real estate funds is the result of social reproduction and the labor creation of material producers. In the process of social reproduction, through the change of capital form, the amount of money at the final point is greater than that at the starting point, which is the value-added brought by the capital movement. In the process of real estate reproduction, if funds keep flowing, the value will increase again and again. On the other hand, land is a non-renewable resource and a basic element of human production and life. With the continuous development of social economy, the demand for real estate will increase day by day, making real estate more and more scarce and real estate prices will continue to rise. Therefore, financial institutions are willing to invest in real estate or engage in real estate credit activities to preserve and increase the value of their monetary assets. (V) Risk In real estate financial activities, due to unpredictable or predictable but inevitable factors, the expected real estate income may deviate from the actual real estate financial income, thus there is a risk of capital loss. The financing of real estate funds is mostly medium and long-term financing, and the period from capital investment to recovery is generally long. In this input-output process, if financing is difficult to recover, real estate financial risks will arise. This risk mainly comes from the following four aspects: policy risk, decision risk, natural risk and financial risk. For example, policy changes may lead to different situations in the real estate market and financial market than expected when making investment decisions, or due to mistakes in investment decisions, the expected investment income cannot be realized, resulting in the failure to fully recover the funds for real estate financing; Another example is the occurrence of various sudden natural disasters (earthquakes, floods, fires, etc.). ), resulting in serious damage or even non-existence of real estate projects, and it is difficult to recover real estate funds; In addition, in real estate financial activities, due to various reasons, the debtor can't repay the principal and interest of the loan, or the securities issuer can't repay the principal and interest at maturity, and financial risks of real estate finance will also occur. The role of real estate finance The position and role of real estate finance in the national economy and people's daily life are increasingly prominent. Real estate financial behavior directly affects the effectiveness of individual housing, real estate enterprise management and economic market. The large amount of funds needed by the real estate industry and the "financial leverage principle" of real estate development and application determine that real estate funds cannot rely solely on developers' own funds, but must rely on financial instruments for financing. (1) Providing financial guarantee for real estate development and operation First of all, the process of real estate development and operation generally goes through four main stages: land acquisition, real estate development and construction, real estate sales and real estate operation. These four stages are closely linked, and capital has become the key factor linking all links. In addition, the production cycle of real estate is long, capital demand is intensive, and there is a time difference between capital supply and demand. Solving this time difference requires financial support. The proportion of real estate finance in the total financial volume in China is getting higher and higher. At the end of 2005, real estate loans reached 3.07 trillion yuan, accounting for 14.84% of the RMB loan balance of financial institutions and 16.75% of GDP. The balance of commercial personal housing loans was 1.84 trillion yuan, accounting for 8.9% of the balance of RMB loans of financial institutions. The proportion of GDP is 10%. The health and stability of real estate finance is very important to the health and stability of real estate system. Secondly, from the perspective of the development of the financial industry, real estate is of great significance to the operation of the financial industry, including business expansion and profit generation. As a kind of real estate, real estate has the characteristics of maintaining and increasing value, which makes real estate an ideal collateral for the financial industry. Thirdly, from the internal function of the financial market, the functions of capital accumulation, allocation and macro-control have promoted the development of the real estate industry. The capital accumulation function of finance plays the role of "reservoir" of funds. It concentrates the relatively scattered funds temporarily idle by some departments and some economic units in a certain period of time to meet the large-scale investment demand. In particular, it provides a large amount of investment for enterprise development and provides a source of funds for government departments to carry out large-scale infrastructure construction and public expenditure. In the financial market, fund demanders can easily obtain funds through direct or indirect financing, and fund providers can choose liquidity demand investment suitable for their own income and risk preference through various forms of financial instruments, so as to maximize the benefit of funds. Financial market transfers resources from inefficient departments to efficient departments, so that a society's economic resources can be most effectively allocated to the most efficient or effective use, and the rational allocation and effective utilization of scarce resources can be realized. According to different risk preferences, people with higher risk aversion use various financial instruments to transfer risks to people with lower risk aversion, thus realizing risk redistribution. The existence and development of financial markets have created conditions for the government to implement macro-control. The legal deposit reserve, discount rate and open market business are all based on the financial market. Financial market not only provides information for the implementation of monetary policy, but also provides decision-making basis for government departments to collect and analyze economic operation and formulate policies. In developed financial markets, real estate finance plays the role of credit and financing, supplements the capital demand in the process of reproduction, and ensures a virtuous circle of investment and output of real estate development and operation funds.

Third, real estate development loans?

There are several types of real estate development loans: 1. Housing development loans refer to loans issued by banks to real estate development enterprises for the development and construction of housing for market sales. 2, commercial housing development loans, refers to the bank to real estate development enterprises for the development and construction of market sales, mainly for commercial activities rather than family housing loans. 3. Land development loans refer to loans for land development issued by banks to real estate development enterprises. 4. Working capital loans for real estate development enterprises refer to loans that real estate development enterprises need to apply for and have nothing to do with specific projects. Because it is still used to support real estate development, such loans are still real estate development loans. Now the real estate development loan, first of all, you need to prepare complete and effective relevant documents, please consult the user name for details, too many!

4. What does a real estate development loan mean?

Real estate development loans are medium and long-term project loans issued to real estate development enterprises for housing, commercial housing and other real estate development and construction. The object of real estate loans is registered state-owned, collective, foreign-funded and joint-stock enterprises with real estate development and management rights. The term of real estate development loans is generally not more than three years (including three years).

In principle, the loan should be secured by mortgage or pledge such as national debt, certificates of deposit and covered letters of credit that the borrower has the right to dispose of, and the part with insufficient guarantee capacity can be guaranteed by guarantee.

Extended data:

Application conditions for real estate development loans:

In addition to the general loan requirements, the borrower applying for a real estate development loan shall also meet the following conditions:

1. has a business license as an enterprise legal person.

2. The land use right of the loan project has been obtained, and the termination time of the land use right is longer than the loan termination time.

3. The planning investment permit, construction permit, construction permit and pre-sale permit of commercial housing for the loan project have been obtained, and the project establishment procedures have been completed, and all project documents are complete, true and effective.

4. The application purpose of the loan project is consistent with its function, and it can effectively meet the needs of local urban planning and real estate market.

5. The project budget and construction plan of the loan project comply with the relevant provisions of the state and local governments. The total investment in the project budget can meet the needs of additional budget due to inflation and unpredictability before the project is completed.

6, with a certain proportion of its own funds (generally should reach 30% of the total investment in the project budget), and can be put into the project construction before the bank loan.

7. Open an account in a bank to maintain normal business dealings.

8. The developer must insure the real estate under construction, and the first beneficiary is the loan bank.