With more liquidity and lower interest rates, funds began to flock to real estate and stocks.
So financial authorities are trying to put a brake on high-value credit loans.
I made a statement to the effect that the repayment method will not be allowed for credit loans with a certain amount or more.
It is good to prevent risks, but there are also many views that excessive regulations are being imposed on the financial sector.
Already the most regulated mortgage financing, from LTV restrictions on overheated speculation zones or controlled areas in regulated areas to non-regulated areas.
Let's find out how to calculate seniority and subordination, as well as how to check the limit and compare interest rates.
Korea could not avoid the global economic downturn caused by Corona.
Everyone would have an idea of using a loan to invest in a low interest rate situation and to build their own house.
In particular, if you use fixed-rate products at the lowest interest rate, even if the benchmark interest rate rises for at least three to five years,
Many people have run senior transfer because they can benefit from it.
But the tax increases in regulated areas and the rent laws were twisted and twisted, and housing prices began to soar.
This is the present where homeless people are rather suffering.
When looking for loans, the top priority is whether the funds I need can be loaned to the maximum extent possible.
If you need 50 million won and you don't get the loan you need, you don't have to pay the debt.
It is simple to 폰테크 calculate the maximum amount.
If you multiply the LTV in the apartment price and deduct the set amount written on the registration table, the limit will be calculated.
Just to give you an example,
If the apartment price is 500 million won and the principal of the senior loan is 200 million won, the amount set by the registration will be 240 million won.
Now you need to know your local LTV to check the maximum amount of subordinated mortgage loans.
If it's a regulated area, 30% to 50% if it's an unregulated area, then multiply it by 70%.
Non-regulated areas will be 350 million won, adjusted areas 250 million won, and overheated speculation zones will have a maximum of 200 million won.
The remaining amount except the set amount at the maximum limit will be the available amount of the subordinate mortgage loan.
In non-regulated areas, 110 million won in adjusted areas, 10 million won in overheated speculation zones are short of limits.
As you can see above, the limit of subordinated collateral loans is often insufficient in regulated areas.
Unlike subordinate mortgage loans, senior transfer will be calculated excluding the principal, not the set amount.
In the example I heard earlier, the difference between the principal standard and the set amount is about 40 million won, resulting in a 40 million won advantage in the limit.
There are many cases where we use this to secure additional funds by transferring seniority.
In addition, there are many changes depending on the conditions of customers who are financial consumers.
When you're homeless or multi-tenant, the financial company you use is a bank, a capital, a loan business, a mortgage, etc.
The key is to select financial companies in response to various variables and select and use profitable products.
To take a brief look, housing prices in Pohang have plummeted since the last Pohang earthquake.
Auctions have dropped dramatically, and as the local economy has fallen, the value of the house has fallen too low as a collateral.
Each financial company had restrictions on mortgage loans in Pohang.
As such, financial companies are moving very fast depending on local issues and changes.
The maximum plating amount according to the Government's standards described above,
In reality, you have to think that you can change as much as you want depending on the conditions and limitations of the financial institution