Real Estate Loan Business Loan

Real Estate Development Loan Regulations

Real estate development is inevitably faced with the situation of the loan, then understand some of the relevant provisions of the real estate development loan is essential, let me introduce you to the real estate development loan regulations.

Real estate development loan regulations: general

Article 1 to strengthen and standardize the operation and management of real estate development loans in our bank, to effectively prevent the risk of loans, according to the "Commercial Banks Real Estate Loan Risk Management Guidelines", the bank's credit policy, as well as the national laws and regulations and the relevant provisions of the regulatory authorities, specially formulated the measures.

Article 2 The real estate development loans referred to in these measures refer to the loans issued by the Bank to borrowers for the development and construction of real estate projects and their ancillary facilities, including housing development loans and commercial housing development loans, excluding land reserve loans, guaranteed housing development loans and shantytown renovation business.

Housing development loans: loans issued to real estate development enterprises for the development and construction of commercial housing and its ancillary facilities.

Commercial housing development loans: loans issued to real estate development enterprises for the development and construction of office buildings, shopping malls, hotels, industrial plants, warehouses and other commercial projects and their ancillary facilities.

For commercial and residential development projects, if the residential portion of the investment accounted for more than 50% of the total investment ratio (can be determined according to the area of residential and commercial ratio), it should be included in the scope of housing development loans, otherwise it is included in the management of commercial housing development loans.

The issuance of real estate development loans must be in line with the overall direction of national real estate development, comply with national laws and regulations and the credit policy of the Head Office and related regulations, conform to the credit policy of the Bank's real estate industry, preferably select customers and projects, and prevent business risks.

Protective housing and shantytown renovation business is not regulated by these measures, and is handled in accordance with the Bank's relevant regulations on shantytown renovation business.

Article 3 of the real estate development project closed management is the key to risk management, the branch must be strictly in accordance with the requirements of the closed management of the project, to strengthen the management of the loan and sales returns "two", in accordance with the requirements of the measures to monitor the use of loan funds, monitoring the progress of the sale, monitoring the sale of returns to the Bank and timely recovery of the loan. If you can't carry out closed management, can't open a special account for the return money in our bank and accept the management requirements of our project special account, you can't do it.

Article 4 real estate development loans are used for the development and construction of real estate projects and their ancillary facilities, and shall not be used for the payment of land premiums and other purposes.

Article 5 of the land and resources departments, the construction department in charge of the investigation of real estate development enterprises with hoarding land, hoarding housing, muffled sales and other violations, shall not be issued loans to them.

Article 6 real estate development loans in principle can only be used for real estate development projects within the territory of the first branch, and may not be used across regions. For large-scale high-quality real estate enterprise groups to centralize the headquarters of the borrowing, the project can take the lead of the local branch, the local branch of the enterprise group to participate in the composition of the bank syndicate way to deal with.

Article 7 of these measures applies to the Bank's domestic institutions. Overseas institutions of the Bank authorized by the head office to carry out real estate development loan business shall formulate management measures separately.

Article 8 of the Bank's financial products issued for the purpose of financing real estate development projects and self-funded investment in non-standard debt assets involving real estate development projects shall be implemented with reference to these Measures.

Real estate development loan regulations: business access standards

Article 9 borrowers should have the following basic conditions:

(a) approved by the administration for industry and commerce registration of enterprise legal person.

(ii) with real estate development qualification level 2 (inclusive) or above, engaged in real estate development and operation for more than 2 years (including controlling shareholders); the borrower is a project company, if the development qualification is a tentative qualification, the tentative qualification should be from the initial approval of the maximum of three years, and the shareholders must have a qualification of level 2 or above.

(C) Clear property rights, sound corporate governance structure, standardized operation and management, and high quality core management personnel.

(d) Good financial status and credit history, and the ability to repay the loan principal and interest on time.

(e) Hold a valid loan card and open a basic account or general account with the Bank.

(vi) The credit rating assessed by the Bank is, in principle, at least 6C (inclusive); if the borrower is a project company, the credit rating of its controlling shareholders should be at least 6C (inclusive).

(7) In case of a foreign-invested enterprise, the foreign investment approval procedures are complete and the registered capital should be in line with the relevant national regulations.

(viii) Willing to accept the requirements of the Bank's closed management.

(ix) Real estate development projects are generally based on the income from the sale of real estate after completion as the source of repayment. If a commercial real estate project is not sold after completion, but is rented out by the developer or operated by the developer itself with the income from the rental/operation of the property as the source of repayment, it can be applied for a development loan in the mode of development and operation of commercial properties. The development and operation mode requires that the borrower or its parent company must have the experience of successfully operating more than 2 commercial properties, with unique business operation mode and brand effect, which can guarantee the source of rental/operation income after the completion of the property; and accept the Bank's supervision of the rental/operation income to guarantee the repayment of the loan.

(x) Other conditions stipulated by the Bank.

Article 10 of the real estate development projects should also have the following conditions:

(a) projects within the administrative region of the first branch of the Bank (the Bank's syndication approach can be narrated as off-site projects), have been included in the national or local construction and development plans, the project or filing documents are legal, complete, true and effective, and in line with the requirements of the environmental assessment.

(ii) with the "State-owned Land Use Certificate", "Construction Land Use Planning Permit", "Construction Project Planning Permit", "Building Construction Permit". The procedures for granting and transferring the land for the loan project have been completed, and the land grant payment has been paid in full.

(3) The capital ratio of the project is in line with the national policy on the minimum capital ratio of the corresponding project, and can be put in place before the use of bank loans. Shareholder loans and bond financing and other indebted funds shall not be used as project capital.

(d) The project meets the local market demand, has a good expected market prospect, has an abundant expected net cash flow, and has a stable and reliable source of loan repayment.

What does it mean to buy a house with a commercial loan

Commercial loan to buy a house is a loan to buy a house, which means that the purchaser of the building in the housing transaction as a collateral to apply for a loan from the bank to pay for the purchase of the purchase price, and then by the purchaser of the installments to the bank to repay the principal and interest on the loan business, which is also known as the home mortgage.

Home loan, is by the home buyer to the bank to fill out a home mortgage application, and provide legal documents such as identity cards, proof of income, house sale contract, guarantee and other required documents must be submitted, the bank after reviewing the qualification, to the home buyer commitment to the issuance of the loan,

And according to the home buyer provided by the house sale contract and the bank and the buyer entered into the mortgage loan contract

According to the contract of sale of the house provided by the purchaser and the mortgage contract concluded between the bank and the purchaser, the real estate mortgage is registered and notarized, and the bank transfers the loaned funds directly to the account of the selling unit in the bank within the period specified in the contract.

Expanded

One of the advantages of mortgage

1, spend tomorrow's money to fulfill today's dream mortgage is a loan, that is, to the bank to borrow money to buy a house do not have to spend a lot of money immediately can buy their own house, so the first advantage of mortgage home purchase is that the money is less can buy a house.

2, the limited funds for a number of investment from the investment point of view, the mortgage buyers can be separated from the funds to invest in the loan to buy a house rental, rent to support the loan, and then invest, so that the use of funds flexible.

3, the bank for you to gatekeeper do borrowing is to borrow money from the bank, so the advantages and disadvantages of the real estate project bank naturally concerned, the bank in addition to the review of your own, will also be for you to review the developer, for you to gatekeeper, naturally, the insurance is high.

Second, do mortgage disadvantages

1, burdened with debt

Talking about the disadvantages, first of all, psychological pressure, because the traditional habits of the Chinese people are not allowed to eat all the food, pay attention to saving, so the loan to buy a house for the conservative type of people is not suitable. And the fact that home buyers do bear heavy debts is not easy for anyone.

2. It is not easy to realize quickly

Because it is a mortgage on the property itself, it is difficult to re-sell the house, which is not conducive to the home buyer to exit the market.