Peer-to-peer network loans into small loans

Summary: The bank loans are difficult, the loan is slow, many buyers are trapped in the down payment, the loan time is long, the developer's sales pace is also slowed down. This year, Guangzhou's major agencies and real estate sites, joint developers have played the Internet financial card, or in the market to push

Bank loans are difficult, lending is slow, many buyers are trapped in the down payment, the loan time is long, the developer's sales pace is also slowed down. This year, the major agencies in Guangzhou and real estate site joint developers have played "internet finance" brand, or in the market to push small loans or directly through the form of peer-to-peer mortgage products. Fast lending and a flexible loan amount are the biggest advantages of these products, but at a rate of up to 10% or 20 per cent, not most buyers can afford it. Some practitioners said that the use of such internet finance or micro-credit products in the market are mainly individual economic households, including speculators. Once the property market is in turmoil, institutions may have bad debts.

Want a down payment? Requires a maximum of 24% annual interest rates

This year, the World Union real estate, property and other agencies have been involved in micro-loan business, in addition, such as search rooms, E, focus, safe house and other real estate sites have launched the Internet financial mortgage products, these products have no exception is intended to provide buyers in the market loans. Reporter from Guangzhou more than real estate agencies and the website learned that, these loans are usually divided into unsecured loans and mortgage loans in two forms, of which the general ceiling for unsecured loans of 300,000 yuan, while the amount of mortgage loans is relatively high, the highest can be loans and housing prices of the same amount, loan time from 6 months to 3 years , with interest rates ranging from 5.5% to 24%, the longer the loan time, the higher the interest rate.

At the same time, many organizations have to collect a fee for a service, a scale fee and a loan ratio of 2% to 4%. If a mortgage loan of 2 million yuan, then the highest service charge of 80,000 yuan, some need to bear all the buyers, while others and developers share.

So-called unsecured loans are similar to bank credit loans, so interest rates are high. Reporter survey found that the market on the proliferation of mortgage products and now the bank's overall loan tightening has a direct relationship. Since the middle of last year, major commercial banks have been slow to lend and interest rates are high. "I have a client who applied for a 400,000-dollar consumer loan this year and was told that it was necessary to buy a 2 million-dollar insurance to apply for full consumer loans." "A credit manager at a website told reporters that small loans or internet financial loans could provide space for buyers who have a home purchase plan and need cash flow." Expensive but can be exchanged for quick loans. "The one I handle is going to be on the books in a few minutes," said the credit manager.

China Peer-to-peer Network Loan portal Net loan the founder of the Shantao to reporters, the loan products for home buyers to provide a solution to the down payment of funds, to a certain extent, to stimulate the real estate market consumption.

Who will lend? Private owners dominate

In addition, the reporter learned that at present these institutions only through the contract with the developers or agencies to carry out product promotion, not for the individual buyers to lend.

Last November, the Canton City issued six of the spike to two home purchases to 70%, some buyers are also the target audience of such financial products. Several web site practitioners said that some of the customers are two times home but suffer from a low down payment buyers. This part of the buyers are usually small private entrepreneurs mainly, they have a greater demand for capital turnover. However, the first-time home purchase of the new client group is relatively small.

Reporter interview found that many just need buyers have said that the cost of such loans is too high, not in the scope of consideration. Public Feng said, the purchase will generally be strictly in accordance with the budget, if the down payment of tens of thousands of yuan, will be borrowed from friends or relatives, will not go to loan such high interest rate loans.

Fangyuan Real Estate chief analyst Deng Haozhi also said that the overall demand for this part of the product is small, for developers, it is difficult to really stimulate sales through this product.

A few days ago, ping good Room network and a number of domestic brand developers and Guangzhou local agency signed a cooperation agreement. Ping Good Room network CEO Zhunno said that the cooperation of the real estate developers will use the form of discount loans to reduce the threshold. Yuexiu Real Estate deputy general manager Zhu publicly said that the purchase of Yuexiu's 12 cities dozens of projects can enjoy the developers discount benefits, and even some real estate can achieve 0 interest rates.

In this regard, Deng Haozhi that this kind of loan discount is actually a way to promote the developers. The interest rate payable on a loan can only be paid by one of the developers or buyers. Some people in the industry said that this kind of promotion is more moderate than the method of price reduction, but the effect may be limited.