I can't pay my mortgage because of the epidemic. How to apply to the bank for deferred repayment?

? ? If the mortgage cannot be repaid due to the epidemic, it should communicate and coordinate w

I can't pay my mortgage because of the epidemic. How to apply to the bank for deferred repayment?

? ? If the mortgage cannot be repaid due to the epidemic, it should communicate and coordinate with the loan bank in time and apply for loan extension. With the approval of the bank, the repayment can be postponed.

As you all know, affected by the COVID-19 epidemic, the epidemic situation in various places is severe and complicated at present. In accordance with the requirements of the dynamic elimination of the epidemic, prevention and control work in various places has been in full swing and steadily advanced. Some cities require enterprises to implement flexible office and suspend nine small places. In this case, the income of some citizens is not only affected, reduced or lost. However, due to the above factors, the source of repayment income has become a problem, and some people have not yet borrowed. As an employee of a financial institution, my friends and I will talk about the solution that we can't repay our mortgage due to the epidemic.

On June 5438+ 10, 2020, the People's Bank of China and other four departments issued the Notice on Further Strengthening Financial Support for novel coronavirus's Prevention and Control Work (Yinfa [2020] No.29), stipulating that "financial institutions should appropriately tilt and flexibly adjust their credit policies for those who are hospitalized or isolated due to new pneumonia, those who need isolated observers for epidemic prevention and control, those who participate in epidemic prevention and control, and those who temporarily lose their income sources due to the epidemic.

According to the above policies and regulations, financial institutions can reasonably postpone the repayment period for those who have temporarily lost their livelihood due to the epidemic. According to reports, affected by the epidemic, the relevant banks have accepted overdue repayment: ICBC provides personal loan deferred repayment service support for personal loan customers affected by the epidemic; Agricultural Bank of China (ABC) can enjoy the customer care policy for individual housing loans if it meets the relevant conditions for customers who demand to delay repayment time, reduce penalty interest and eliminate overdue credit records due to the epidemic. Bank of China implements policy arrangements for customers who are hospitalized or isolated due to COVID-19 infection, who are involved in epidemic prevention and control, and who temporarily lose their income sources due to the epidemic; China Construction Bank issued related service policies such as deferred repayment during the epidemic period, which has continued to this day. Bank of Communications allows a certain grace period for customers who are really affected by the epidemic and their repayment ability is temporarily reduced. For those who meet the requirements, a certain grace period is given.

In fact, the relevant bail-out policies issued by the state during the epidemic have already landed. For small partners who have temporarily lost their income sources due to the epidemic and need to postpone repayment, they can apply to the loan bank for deferred repayment. The key point is to submit relevant proof materials to the bank for temporarily losing the source of income due to the epidemic. The extension formalities can only be handled after the approval of the bank. According to the regulations, the bank will not charge the borrower overdue interest and liquidated damages during the extension period.

In short, affected by the epidemic, for those partners who have temporarily lost their financial resources and have not yet applied for mortgage loans, they should apply to the bank for deferred repayment according to regulations and make good use of the country's policy of benefiting the people, otherwise the bank will treat them as overdue loans.

Expanding knowledge: extension

Extension refers to the procedure of approving the extension of the repayment time if the loan cannot be repaid at maturity. The borrower has temporary cash flow difficulties during the loan period, which leads to the inability to repay the loan principal on schedule and meets the conditions stipulated in the extension period, and applies to the loan bank for extension.