After so many years of home mortgage, I often hear complaints from customers:
Why do I go to the loan bank, but the financial institution ignores me?
Why is the payment interest rate paid by others 3.75%, but my own is 5.75%?
Why do some people use mortgage loans to buy houses, but they themselves are ruthlessly under-scored because the main purpose of the assets is to buy a house?
What is the inside story behind financial institutions?
The reason why the lender is unknown, gradually various speculations and suspicions, trying to express the dark story in the anti-corruption drama - three secrets that financial institutions will not easily tell you about mortgage loans!
Q1:Why do some people buy a house with a mortgage loan, but they are ruthlessly under-scored because the main purpose of the asset is to buy a house?
Lao Li’s child will be 26 years old in 2022. He worked hard in various places for four years. So far, he wasn't focused. Seeing the children who got up early every day to work hard, Lao Li decided to mortgage his house in his hometown to settle down for his children.
But when Lao Li went to a financial institution and said he wanted to borrow money to buy a house, the financial institution told him that the loan could not be granted and the mortgage money could not be used to buy a house! At this time, Lao Li wanted to know, didn't his nephew buy a house with a mortgage last year?
Friends who have mortgage loans need to know that mortgage money is prohibited from being used for real estate and stock transactions.
Lao Li directly said that took a loan to buy a house . Isn't he trying his own example?
In other words, the first two years were probably okay. Financial institutions will feel that buying a house is more stable and easier to approve. But today's environment is that some financial institutions dare not tell you without scruples, even if they want to lend you money.
So whatever you want to do with your real estate mortgage money. When filing, you must first make the primary purpose of your loan valid.
The real estate industry’s misunderstanding about operating loan violations:
A Applying for a business loan cannot be used to buy a house. This is also the target of strict investigation and punishment at this stage.
A applies for a business loan and remits money to B in accordance with the regulations of the financial institution (AB has a business process relationship)
B receives the money (actually the business loan applied for by A), B buys a house, and B applies for a housing loan. This is compliance management.
Q2: After pledging, will the financial institution investigate where you used the money?
The answer is undoubtedly that this is also a requirement for financial institutions' procedures and control. The purpose is to avoid risks and prevent overdue loans and occurrences.
However, the operation of post-loan management inspection is very complicated, and the loan assets are entrusted to be paid. After funds are transferred, it is difficult for financial institutions to monitor asset trends. Therefore, when a financial institution wants to investigate the location of a sum of money, the lender usually needs to secure direct evidence of the asset's application.
If you have enough materials, financial institutions will have nothing to say.
Why do financial institutions like to cooperate with intermediary companies?
loan efficiency is high!
The steps for mortgage loans are relatively complicated, and more materials must be prepared in advance. When a lender applies for a loan, it is inevitable that the materials will be insufficiently prepared or a certain level of qualification certificate will not be met.
The business manager of a financial institution is unlikely to teach lenders to prepare materials from scratch in advance!
Don't think that the quality of their service is not very good. The key factor is that everyone in the financial institution must be limited, and it is difficult for business managers to guarantee nanny services.
With its knowledge of the products of various financial institutions, intermediary companies can help lenders prepare materials in advance and have a high audit success rate. For the bank account manager, he completes a business process without spending any effort.
In addition, intermediary companies have many ways to expand their customers. If the business manager does not have an order, he can immediately request resources from the intermediary company.
This is why financial institutions like to cooperate with intermediary companies, without the darkness of some TV series, just ordinary ignorant people without fear.
