The maximum loan amount of Wuhan Provident Fund is determined according to the following circumstances:

1, the maximum amount of the first housing provident fund loan is 700,000 yuan;

2. The maximum amount of the second housing provident fund loan shall not exceed 500,000 yuan.

The specific loan amount will be affected by factors such as the balance of deposits, the length of deposits, the amount of monthly deposits, and the deposits of one or both parties. The parties can directly consult the local housing provident fund management center.

Regulations on the administration of housing provident fund

Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.

The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.

The risk of housing provident fund loans shall be borne by the housing provident fund management center.

How much can Wuhan provident fund loan borrow?

1, amount and proportion of first-hand housing provident fund loans

Apply for the first home provident fund loan, the maximum loan amount is 600,000 yuan, and the loan ratio does not exceed 70% of the total price of the purchased house (it can be relaxed to 80% if the construction area is 90 square meters or less); If you apply for provident fund loan for buying a second suite and meet the requirement that the existing housing construction area of Wuhan employees' families is below 1.40 square meters, the maximum loan amount is 600,000 yuan. After deducting the difference after the housing provident fund loan has been used for the first time, the maximum loan ratio does not exceed 40% of the total housing price.

2, the second-hand housing provident fund loan amount and proportion

If you apply for provident fund loan for purchasing the first suite, the maximum loan amount is 600,000 yuan, and the loan ratio is divided into three grades according to the construction completion years. If the completion period of the house is within 10 year (including 10 year), the maximum loan ratio shall not exceed 70% of the total house price (it may be relaxed to 80% if the building area is 90 square meters or less); If the house completion period is within 1 1-20 years (including 20 years), the maximum loan ratio shall not exceed 60% of the total house price; If the completion period of the house is within 2 1-30 years (including 30 years), the maximum loan ratio shall not exceed 50% of the total house price. Among them, the determination of the total housing price is based on the housing evaluation price, the actual transaction price and the lowest price in the taxable value; If you apply for provident fund loan for buying a second suite and meet the requirement that the existing housing construction area of Wuhan employees' families is below 1.40 square meters, the maximum loan amount is 600,000 yuan. After deducting the difference after the housing provident fund loan has been used for the first time, the maximum loan ratio does not exceed 40% of the total housing price.

3, the amount and proportion of commercial loans to provident fund loans.

The loan amount from commercial loans to provident fund shall not exceed the remaining commercial loans, and shall not exceed the above-mentioned provisions on the amount and proportion of second-hand housing loans.

hypothesis

1. The borrower holds legal identity documents and has full capacity for civil conduct;

2. The borrower and his spouse have good credit records and meet the auditing standards for provident fund loans;

3 have a stable economic income and the ability to repay the principal and interest of provident fund loans on time;

4. There is a real purchase behavior, and the purchase behavior generally occurs within one year, except for housing commercial loans to housing provident fund loans; The ownership of the purchased house is clear, the procedures are legal and complete, and there is no legal dispute;

5. There are no outstanding provident fund loans;

6. Agree to mortgage the purchased houses with loans, or provide guarantees in the form recognized by the management center, such as government bonds, bank deposit certificates, securities, etc.

Wuhan provident fund loan amount

Wuhan provident fund loan amount

1. If the paid employee's family uses the housing provident fund loan to purchase the first set of ordinary self-occupied housing (including business transfer), the maximum loan amount is 900,000 yuan;

2. Purchase a second set of improved self-occupied housing with a maximum loan of 700,000 yuan.

Objects and conditions of housing provident fund loans in Wuhan

(a) the loan object:

In Wuhan Housing Provident Fund Management Center, it has been paid normally for 6 months (the opening time of personal provident fund deposit account is from the time of loan application 180 days; The deposit account status is normal; Before applying for a loan, the provident fund account has been remitted for six consecutive months, and payment cannot be stopped; Employees whose balance in the provident fund account is greater than or equal to 6 times the monthly deposit (excluding the overdue deposit in the past 6 months) and above may apply for new housing or stock housing loans.

(2) Loan conditions:

The borrower shall meet the following conditions:

1. The borrower and his/her spouse hold legal identity documents, have full capacity for civil conduct, and are between the age of 18 and the statutory retirement age, that is, men are under 60 years old and women are under 55 years old.

2. The borrower and spouse have good credit, and agree to authorize the entrusted bank and the provident fund center to inquire about their personal credit reports, which is in line with the credit review standards of the provident fund center for individual housing provident fund loans;

3. The borrower and spouse have stable economic income and the ability to repay the loan principal and interest on time;

4. To purchase a new house, the purchase contract shall be signed within one year, and the down payment amount shall not be less than 20% of the total purchase price; Where the stock house is purchased, the signing time of the house purchase contract is within half a year, and the down payment of not less than 20% has been paid to the seller; The purchased house is a complete set of houses with complete property rights within 30 years (including 30 years), and has the property ownership certificate, state-owned land use certificate or property right certificate, and the property rights are clear and have not been transferred to the borrower's name, so it can be traded in the stock house trading market;

5. There are no outstanding provident fund loans and no other debts that affect the repayment ability of provident fund loans;

6. Agree to mortgage the purchased house, or pledge government bonds, bank time deposit certificates and other securities recognized by the provident fund center;

7. Other conditions stipulated in the Measures for the Administration of Personal Housing Loan of Wuhan Housing Provident Fund.

If you still have questions, you can call the hotline 12329 for consultation.