Negotiating with the central bank to reduce interest rates on elite mortgages – | RCO News Agency

In an interview with Mehr reporter, Farshad Soleimani explained about the status of elite housing loans since last year and stated: Last year, the housing loan of the National Elite Foundation was 1 billion tomans with an interest rate of 23% and with a maximum repayment period of 20 years, but this amount was Paying attention to the fact that housing prices had risen, it was not enough to buy housing.

Referring to the negotiations with the central bank to increase the amount of mortgage loans, the vice president of development and resource management of the National Elite Foundation said: These negotiations finally led to the fact that in late March 1402, the central bank and the Money and Credit Council agreed that the mortgage loan would be 2 billion Toman to increase.

Introducing 170 elites to the bank to receive mortgage loans in 1402

Soleimani, announcing that last year we introduced 170 applicants to the banks to obtain 170 billion Tomans of housing loans, noted: Of course, this letter of introduction does not mean receiving a loan, because it is not clear how many of these people have succeeded in receiving a loan. Because some people get a loan letter from us, but for various reasons, they stop receiving the loan and don’t inform us anymore.

He continued: Our approximate statistics show that in 1402, more than 70% of loan applicants, i.e. 150-140 of home loan applicants, succeeded in receiving loans.

Since the beginning of the year, 170 people have applied for 2 billion housing loans

The Vice President of Development and Resource Management of the National Elite Foundation stated: In 1403, until the end of August, we have introduced 170 applicants to the banks to receive 350 billion Tomans in housing loans.

40 million tomans mortgage installments / negotiation to reduce the interest rate in the new government

Referring to the 40 million toman installments of the 2 billion toman mortgage loan, Soleimani said: Last year’s elite housing loan installments are 20 million tomans per month, and the new installments are 40 million tomans. . In the previous government, there were discussions with the late Ayatollah Raisi to reduce the interest rate for the elite from 23% to at least 14%, in which case the amount of installments would be reduced to about 30 million per month, but unfortunately, after Mr. Raisi’s martyrdom, this The matter remained silent.

He added: “Alhamdulillah, the opinion of Dr. Al-Badzikian is also positive in the discussion of the elites, and he has emphasized several times in his speeches.” Considering the possibility of changes and developments in the Ministry of Economy and the Central Bank, we are waiting for the task to be clarified so that we can raise our request again.

Meeting with the credit officers of 8 operating banks / lack of liquidity of the banks, the reason for non-payment of loans

The Vice President of Development and Resource Management of the National Elite Foundation, while stating that some banks did not allocate loans to applicants for various reasons, said: In this regard, we held a meeting with the credit officers of 8 operating banks whose duty is to pay this loan. Banks stated that one of the factors of non-allocation of loans is lack of liquidity with imbalance or negative balance and stated that the central bank does not allow us to do this. Our argument was that even if we introduced a thousand elites to the banks, it would amount to about 2 thousand billion tomans, which is not a high amount in our banking system, and we ultimately did not accept the banks’ argument.

Pointing out that after this meeting, positive things happened and Bank Melli and Bank Maskan are cooperating very well and this loan is being paid, he noted: If we can reach an understanding with the central bank to lower the interest rate a bit and the amount of mortgage installments will be lower, the problems will be solved.

Consultation with the central bank about easing the terms of granting loans to elites

He stated: One of the conditions for granting a housing loan was that the amount of the loan plus its interest in 20 years (that is, about 8 billion Tomans) must be at least 80% of the amount of the housing that the person wants to buy. That is, the price of the house should have been over 8 billion tomans, which was not possible for many elites, especially those who are young and have just started working. In the end, it was decided that the banks should accompany in this story and consider the price of housing almost equal to the price of the loan and not to be strict in the discussion of interest.

Requirement of banks to provide 80 million pay slips! / Correspondence with the central bank

Referring to the correspondence with the central bank regarding the strictness of the banks in granting mortgage loans to the elites, the vice president of development and resource management of the elite national foundation said: Banks have set the condition that a mortgage loan will be granted to an elite person if the loan installment is twice the loan amount. 80 million tomans payslips should be presented, the National Elite Foundation is consulting with the central bank to pay this loan with 40 million tomans payslips (equivalent to loan installments).