Becoming a property owner, a Grail more difficult to win ? The health crisis has had an undeniable impact on the banking sector. If rates remain low despite a slight increase since march, the banks seem less inclined to grant loans to individuals, reports The Echo.
Our colleagues rely on a message sent by a bank to brokers in the month of April. "The economic environment is in turmoil, with effects on the remuneration of the borrowers, the strength of their employment. Therefore, be vigilant on the strength of the employers, the employability of the borrowers, their CSP (socio-professional category, editor's NOTE), the debt ratio, the percentage of contribution, the valuation of assets and savings after the project in case of hard blow. You will facilitate the implementation of projects. "The tone is set.
Read also Special investments – Put your savings in the green
Sandrine Allonier, head of communications of Vousfinancer, was found in this period an increase of refusal in the number of loans : "We went from 5.4 to 6.6% refusal rate at the beginning of June. With a growing range of profiles rejected ", she said, noting, however, that the banks continue to make eyes at couples " in DTAS with more than 70 000 euros of income and 20% deposit ". "They ask for a more precautionary savings after operation, which, in case of hard blow, will enable the borrower not to be in trouble. This savings can be up to six monthly payments ", she adds. Profiles preferred and "less risky" that appeal to the lust of the banks that try to be " attractive ". "In mid-June, so that the timers will stop at the end of October, there is a bit more than 4 months for banks to achieve their production goals of the year," says Julie Rech, director general of Vousfinancer, in the daily.
The part-time unemployment, is it a brake ?
Several parameters are taken into account for the preparation of a loan file : the famous maximum debt rate of 33 % recommended by the HCSF (High financial stability Board) in December 2019, but also the in-depth study of the sector of activity of the applicants of the loan : "They can (...) do show increased vigilance on the industry due to expectations of rising unemployment," said Mael Bernier, director of communication of the company Meilleurtaux. However, the part-time unemployment would not be an obstacle to obtaining credit. "The part-time unemployment is not going to last and, in some cases, there has been a retention of wages by the enterprises that may have covered the delta," continues Maël Bernier.