The financial arrangement of housing loan funds involves a wide range of contents, but the most important ones are the amount (percentage), term and interest rate of housing loan. Before introducing the above three issues, it is necessary to explain to buyers the three existing loan methods: individual housing loan (commercial loan), individual housing entrusted loan (provident fund loan) and individual housing portfolio loan. Personal housing provident fund loans are commercial loans provided by commercial banks; Personal housing entrusted loan is a policy loan entrusted by the provident fund management center to commercial banks; Personal housing portfolio loan is a combination of the former two.
Urumqi housing provident fund loans are divided into three types.
1, housing provident fund loan:
For residents who have participated in the housing provident fund deposit, loans to buy a house and low-interest loans for housing provident fund should be the first choice. Housing provident fund loans have the nature of policy subsidies, and the loan interest rate is very low, which is not only lower than the loan interest rate of commercial banks in the same period (only half of the mortgage interest rate of commercial banks), but also lower than the deposit interest rate of commercial banks in the same period. In other words, there is a spread between the mortgage interest rate of the housing provident fund and the bank deposit interest rate. At the same time, when handling mortgage and insurance related procedures, the housing provident fund loan will be charged by half.
2, personal housing commercial loans:
The above two loan methods are limited to employees who pay housing provident fund, and there are many restrictions. Therefore, people who have not paid the housing provident fund have no chance to apply for loans, but they can apply for personal housing secured loans from commercial banks, that is, bank mortgage loans. As long as your balance in the loan bank accounts for not less than 30% of the funds needed for house purchase, and it is used as the down payment, and the assets recognized by the loan bank are used as collateral or pledge, or the units or individuals with sufficient compensation ability are used as guarantors to repay the loan principal and interest and bear joint liability, then you can apply for using the bank mortgage loan.
3. Individual housing portfolio loans:
The maximum amount of provident fund loans that can be issued by the housing provident fund management center is generally1-290,000 yuan. If the purchase price exceeds this limit, the insufficient part shall apply to the bank for commercial housing loans. These two kinds of loans are collectively called portfolio loans. This business can be handled by the real estate credit department of the bank. The interest rate of portfolio loan is moderate, and the loan amount is large, which is more for the lender to choose.
(The above answers were published on 20 13-09-03. Please refer to the current actual purchase policy. )
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