So what are the misunderstandings of provident fund loans?
What conditions do you need to apply for a housing provident fund loan to buy a house?
Let's summarize it for everyone:
1 The withdrawal amount of provident fund can exceed the purchase amount.
Regarding the withdrawal amount of the provident fund, it is stipulated how much you need and how much you can withdraw, and it cannot exceed the amount of the provident fund. For example, buyers want to withdraw 165438+ 10,000 yuan from the provident fund to buy a house, but the total price of the house is only 1 10,000 yuan, and the remaining 1 10,000 yuan cannot be withdrawn by buyers. Can only be used for other purposes.
2 Use provident fund loan funds to pay the down payment for house purchase.
It is a common misunderstanding for many people that the provident fund pays the down payment for buying a house. This misunderstanding means that the borrower's provident fund quota needs to be consumed first and then withdrawn. In other words, buyers need to pay the down payment first, and then go to the housing provident fund management office to issue a certificate of purchase and withdraw the amount of provident fund. Simply put, the provident fund can only be used to pay the final payment of the house, not the down payment of the house.
Three people's bad credit will not affect provident fund loans.
Dear borrowers, don't think that provident fund loans are particularly easy to apply for. Provident fund loan is also a kind of loan, but it is more favorable. If the borrower's personal credit information is particularly poor, the provident fund management center will refuse to sign.
4. Family common provident fund
This is not a misunderstanding, but some relevant regulations are different. If the children are unmarried, they can use their parents' provident fund loans. However, if the child is married and married, then the child needs to bear his own social responsibility. Of course, parents who want to use their children's provident fund loans are also not allowed.
The housing accumulation fund can decorate the house.
Housing renovation can indeed use housing provident fund for consumption, but it is stipulated that the house must be overhauled, that is, fully renovated. If it is only a small change in the house, the provident fund management center will not approve it.
The loan object shall meet the following four conditions:
(1) Only those who have participated in the housing provident fund system are eligible to apply for housing provident fund loans. Those who have not participated in the housing provident fund system cannot apply for housing provident fund loans.
(2) To apply for housing provident fund loans, participants in the housing provident fund system must also meet the deposit time, that is, they must continuously deposit housing provident fund for at least 6 months before applying for loans.
(3) One spouse applies for a housing provident fund loan, and both spouses cannot obtain a housing provident fund loan before paying off the principal and interest of the loan.
(4) When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan.
Although provident fund loans have brought a lot of convenience to property buyers, don't think that provident fund loans can be used casually. There are regulations in this, and it is best to see clearly the use of funds for provident fund loans.
Buying a house and renting a house are all online in Ai Xin.