The housing provident fund loan business is handled by the bank entrusted by the provident fund management center (hereinafter referred to as the agent bank). The risk of housing provident fund loans shall be borne by the provident fund management center. Chapter II Loan Conditions and Procedures Article 4 A borrower applying for a housing provident fund loan shall meet the following conditions at the same time:
(a) continuous full deposit of housing provident fund for more than one year;
(2) On-the-job employees working in this Municipality;
(3) Having a stable economic income and the ability to repay the loan principal and interest;
(four) with the relevant procedures for the purchase of owner-occupied housing and the prescribed proportion of self-raised funds;
(five) the owner of the house who purchased the urban self-occupied housing within the administrative area;
(six) agreed to apply for housing provident fund loan guarantee;
(seven) other conditions stipulated by laws, regulations and rules. Fifth borrowers may not apply for housing provident fund loans again before paying off the housing provident fund loans. Article 6 A borrower applying for a housing provident fund loan shall apply to the provident fund management center and submit the following materials:
(1) My resident identity card and marriage certificate. If there is a spouse, provide the spouse's resident identity card; if there is no spouse, provide the unmarried or spouse proof;
(two) commercial housing purchase contract, sales (pre-sale) license, housing plan, completion acceptance records;
(three) the first payment certificate; Article 7 The provident fund management center shall make a decision on whether to approve the loan within 4 working days from the date of accepting the loan application, and notify the applicant in writing; If the loan is granted, the provident fund management center will sign a personal housing loan contract with the borrower. Article 8 After obtaining a loan, the borrower shall go through the loan mortgage formalities according to the loan contract. The provident fund management center shall, within 3 working days after the borrower goes through the relevant procedures, entrust an agent bank to go through the withdrawal procedures. Ninth workers who have paid housing provident fund in other cities in the province can buy houses in our city, and those who meet the conditions of housing provident fund loans in our city can apply for housing provident fund loans in our city.
Employees who have paid the housing provident fund in this city purchase houses in other cities in the province, and meet the conditions of housing provident fund loans in the place where they purchase houses, they can apply for housing provident fund loans in the place where they purchase houses.
To apply for housing provident fund loans in different places, you should hold a certificate of deposit of your own housing provident fund issued by the housing provident fund management institution. Chapter III Loan Amount, Term and Interest Rate Article 10 Where a borrower purchases a commodity house of more than 90 square meters, the loan amount shall not exceed 70% of the borrower's purchase price; Where a commercial house of less than 90 square meters (including 90 square meters) is purchased, the loan amount shall not exceed 80% of the borrower's purchase price. The loan amount generally does not exceed 400,000 yuan. Borrowers with an annual salary of more than 654.38+10,000 yuan, high integrity and no major diseases may have a loan amount of more than 400,000 yuan with the approval of the Housing Provident Fund Management Committee.
If the borrower purchases a second-hand house, the loan amount shall not exceed 60% of the value of the house purchased, and the maximum amount shall not exceed 300,000 yuan. The value of the house is the minimum among the appraisal value, transaction value and deed tax value.
If the contribution ratio of employee housing provident fund is less than 5%, the loan amount shall not exceed10.5 million yuan. Article 11 The sum of the loan term and the borrower's age shall generally not exceed the statutory retirement age of the borrower. However, for borrowers with high and stable wage income, high integrity and no major diseases, the sum of the loan term and the borrower's age can exceed the borrower's statutory retirement age by at most 5 years. The longest loan period shall not exceed 30 years.
When the borrower purchases a second-hand house, the sum of the loan term and the age of the house shall not exceed 30 years. Twelfth loan interest rates in accordance with the provident fund loan interest rate announced by the people's Bank of China. If the loan term is one year, the contract interest rate shall be implemented. If the statutory interest rate is adjusted, the interest will not be calculated by sections; If the loan term is more than one year, in case of legal interest rate adjustment, the new interest rate will be implemented according to the corresponding interest rate grade from 1 of the following year. Chapter IV Loan Repayment Article 13 The borrower shall repay the principal and interest of the loan according to the repayment method and repayment plan agreed in the loan contract. Fourteenth borrowers can choose the following two ways to repay the loan principal and interest on a monthly basis:
(1) average capital repayment method:
Monthly repayment of loan principal and interest = loan principal/months of loan term+(loan principal-cumulative repayment of principal) × monthly interest rate.
(II) Repayment method of equal principal and interest:
Monthly repayment of loan principal and interest = loan principal × monthly interest rate ×( 1+ monthly interest rate) repayment months /[( 1+ monthly interest rate) repayment months-1]