‘Restrain’ to buy a house with ‘Young Kle’ … Homeless “making house” becomes more difficult

On the 13th, when the financial authorities announced a household loan management plan to “ adjust the tweezers ” on credit loans to high-income people with an annual income of 80 million won or more, the way to buy a house with “ young drag ” (grabbing the soul) was practically blocked. The banking sector expects the ‘last train’ demand of high-income people wishing to receive credit loans up to 30 days before the regulation will come into effect. Some observers have observed that the overall impact of lending to households is unavoidable due to the fact that financial authorities have decided to increase the proportion of high-DSR loans.

According to the financial sector on the 15th, the Financial Services Commission announced its intention to manage household loans such as credit loans on the 13th. The management plan aims to apply 40% of the debt repayment ratio total (DSR) when a high-income worker with an annual income of over 80 million won receives over 100 million won in total credit loans since the end of this month. DSR is the repayment of principal and interest on all loans owed, divided by the annual income.

If you receive a total of over 100 million won in loans after the regulation comes into effect and buy a house in a regulated area (speculation area, overheated speculation area, adjustment area) within one year, you the loan must be paid off within 2 weeks. If you fail to pay off the loan, you will be late and may be registered as a default.

The loan to be recovered is the amount of new loans received after 30. The annual income of 80 million won, the standard set by the financial authorities, is in the top 10%. Financial authorities predict that if the rate of increase in loans for high-income people slows, financial risks will diminish. Furthermore, that measure also included the content of considering the entire limit as the amount of the loan, not the amount actually used in relation to the “minus passbook”, a type of credit loan.

With such a plan, the banknotes responded that it became impossible to buy homes through credit loans. In particular, in a situation where it is difficult to buy a home without a mortgage due to the skyrocketing price of housing, preventing duplication of credit and mortgage loans can make it more difficult for homeless people who have planned to buy infusions.

A banking official said: “It has become impossible for young couples to buy a house by granting a loan of KRW 300 million to KRW 300 million by receiving a loan of KRW 200 million each. “It is a situation, but I am concerned that, in addition to the DSR regulation, making duplication of credit loans impossible and the main charge can make it difficult for homeless people to buy homes.”

Another bank official also said: “I agree with the policy, but it is said to be too much to prevent homeless people from wanting to buy homes using loans in a situation where house prices have risen a lot.” We need to prepare ”, he stressed.

There are also observations that loan consumers who want to get on the last train before tightening regulations may flock to banks as they are excluded from regulation if they receive a credit loan of over 100 million won before the 30th of this month.

Furthermore, as financial authorities have decided to tighten the “high standard of DSR loan burden management” rules for each bank, some voices claim that the overall impact on household lending is inevitable.

Commercial banks will allow loans above 70% DSR within the first quarter of next year from “within 15%” to “within 5%” of the total amount of loans and loans above 90% with DSR from “by 10 % “Should be lowered to within 3%. Local banks and special banks must not exceed 15% and 10% respectively when the DSR exceeds 70% and 90% respectively.

In this regard, a bank official said: “With this measure, not only personal loans, but also household loans as the main tax will be reduced overall.” She said.

Some fear that this measure could lead to a “balloon effect”, which shifts demand to the second financial sector as the DSR regulations for the second financial sector are unclear.