We will notify you when it comes into effect.

You can get a loan after paying the housing provident fund for 12 months. If you have paid the housing provident fund normally and continuously for 12 months, you will be eligible to apply for a loan. The annual interest rate of the provident fund loan for the first home is 4.5. Employees can apply for the provident fund through The loan repayment business is withdrawn on a monthly basis and the balance in the provident fund account is used for loan repayment in a timely manner.

What is the provident fund loan limit?

Most cities have stipulated a higher limit for a single housing provident fund loan. For example, the maximum limit for a single housing provident fund loan for an individual in Chengdu is 400,000. Yuan; the maximum personal housing provident fund loan limit in Guangzhou is 500,000 yuan, and the maximum housing provident fund loan limit in Beijing is 800,000 yuan. If the rating reaches 3A level, the maximum can be 800,000*(1 30) = 1.04 million. Secondly, the housing provident fund loan limit shall not exceed 70% of the total house payment.

The formula for the housing provident fund loan amount: the sum of the monthly provident fund deposits of the borrower and his or her spouse ÷ the actual payment ratio × 12 (month) × 0.45 (repayment ability coefficient) × loan period (long term) loan term).

If the contribution ratios of both spouses are inconsistent, the actual contribution ratio shall be determined by the party with a higher ratio. No more than the loan limit determined based on the repayment ability of the borrower and his or her spouse. To apply for a provident fund loan, the monthly repayment/monthly income should not exceed 50 (where: the monthly repayment includes the sum of existing liabilities and the monthly repayment of this debt).

How to use housing provident fund to buy a house?

1. Submit a provident fund loan application. The borrower submits a loan application to the provident fund management center as required and provides the information required for the loan. Provident Fund Loan Core Preliminary Review. After the Provident Fund Management Center accepts the borrower's application, it will review the borrower's qualifications, loan amount, loan period, loan information and other information, and give opinions.

2. Credit investigation of provident fund loans. After the preliminary review by the provident fund management core, the bank undertaking the provident fund loan will conduct a pre-loan credit investigation of the borrower. After the investigation is completed, the lending bank will provide opinions and fill out the "Individual Housing Provident Fund Loan and Portfolio Loan Investigation and Approval Form" and submit it to the relevant personnel for approval.

3. Sign a provident fund loan contract. If the borrower passes the review, you will receive a notice from the loan undertaking bank. At this time, the borrower only needs to bring his ID card, account book, bank account number and other information within the prescribed time and go to the undertaking bank to sign the loan contract. After signing the loan contract, the borrower needs to go through the insurance and mortgage registration procedures as required, and the resulting costs will be borne by the borrower himself.

4. Waiting for the allocation of the provident fund loan. After confirming that the mortgage registration has been completed and the loan contract has come into effect, the loan undertaking bank will transfer the loan to the borrower and the seller *** mutually designated on the date agreed in the contract. account and send the loan receipt to the borrower.