Beijing Provident Fund Loan Policy

Beijing Provident Fund Policy is:

1. When applying for a housing provident fund loan, "recognize the house and subscribe for the loan."

2. The loan limit shall be linked to the housing provident fund payment period of the borrower. In order to reflect the fairness and impartiality of the system, a loan of 100,000 yuan can be made for each year of deposit. If the deposit period is less than one full year, the maximum loan allowed is 1.2 million yuan.

3. Differentiate the maximum loan amount.

Fourth, the down payment ratio was adjusted with reference to the current commercial loan policy.

5. The loan period has been adjusted. The loan period has been adjusted from the maximum that can be calculated until the borrower is 70 years old to the maximum limit of 65 years old in principle.

6. Adjust the monthly repayment amount.

7. Adjust the guarantee method.

8. Streamline loan application materials.

9. Streamline archival materials.

Article 1 of "Notice of the Beijing Housing Provident Fund Management Center on Adjusting Housing Provident Fund Personal Housing Loan Policies"

When applying for a loan, borrower applicants should meet the following conditions:

(1) When applying for a loan, the borrower applicant should have continuously paid housing provident fund for more than half a year (inclusive) and his/her housing provident fund account is in normal deposit status; retirees must have paid housing provident fund before retirement.

(2) The loan applicant must be qualified to purchase a house in Beijing; apply for a loan to pay for the house purchased.

(3) If the borrower does not have a housing loan record in his name and does not own a house in this city, the loan policy will be followed for the first home; if it is not the first home but is determined to be a second home, the loan will be treated as a second home. Loan policy processing. Those who are approved as having two or more houses will not be granted a loan.

Beijing Provident Fund Loan New Policy

1. The loan amount is linked to the payment period: for every year of housing provident fund payment, the loan applicant can apply for a corresponding loan of 100,000 yuan. If the deposit is less than 1 full year, the maximum loan amount is 1.2 million yuan calculated based on 1 full year. That is, the maximum loan amount can be applied only after 11 years of deposit.

2. For those with household registration in urban areas who purchase housing in remote suburban counties, the loan limit will be increased moderately: For those with household registration in Dongcheng District or Xicheng District of Beijing, the maximum loan limit can be raised to 1.4 million yuan.

3. The basic amount of down payment is increased: for the purchase of the first home with property rights and other policy housing, the down payment ratio shall not be less than 30%; for the purchase of the first ordinary owner-occupied house other than policy housing The down payment ratio shall not be less than 35%; the down payment ratio for purchasing the first non-ordinary owner-occupied house shall not be less than 40%; the down payment ratio for purchasing an ordinary owner-occupied house and it is a second home shall be no less than 60%; For self-occupied homes and second homes, the down payment ratio shall not be less than 80%.

4. Recognize a house and subscribe for a loan: there is only one house in this city; there is one housing loan record, there is one house in this city, and it is the same house. These three situations are based on Second home policy loan. If you have 2 or more houses in this city; if you have 2 or more housing loan records; if you have a housing loan record and have a house in this city, and it is not the same house, you will not be granted a loan.

5. The maximum loan limit for second home loans has been lowered from 800,000 yuan to 600,000 yuan

Extended information:

"The impact of this policy on rigid demand Very large, especially young people. The current average age of buying a house in Beijing is about 28 years old. According to the new policy, provident fund loans can only be about 500,000 yuan. "Zhang Dawei, chief analyst of Centaline Real Estate, said that due to the impact of the new policy, it is expected that at least half of the house purchases will be made. The demand will only be a commercial loan or full payment.