Housing provident fund loan

< 1 > what is a housing provident fund loan?

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.

< 2 > loan conditions:

1. Having full capacity for civil conduct;

B the houses purchased and built belong to houses with complete property rights on state-owned land;

Take the house purchased and built as collateral;

D. the sales unit agrees to provide phased guarantee;

E, have a stable economic income, have the ability to repay the loan principal and interest on time;

F, no bad credit record, good personal credit;

G. agree to apply for mortgaged property insurance.

< 3 > loan process:

There are five steps for Wuhan citizens to run their own provident fund loans for commercial housing and affordable housing:

(1) Borrowers who meet the loan conditions go to the provident fund loan bank to receive the Application Form for Provident Fund (or Combination) Loan.

(2) Submit the application form for provident fund (or portfolio) loan, proof of deposit and income of provident fund, valid identity documents such as husband and wife's ID cards and household registration books, original and photocopy of marital status certificate (if unmarried, the unmarried certificate of civil affairs department shall be provided), registered house purchase contract and down payment receipt, and other supporting materials required by the loan bank.

(c) Sign the Loan Contract for Provident Fund (or Portfolio) Loan, the Mortgage Contract and other agreements required by the lending bank.

(four) the loan bank or borrower should go to the real estate management department for housing mortgage registration.

(e) The Provident Fund Center examines and approves the loan disbursement funds, and the loan bank transfers them to the developer's account and notifies the borrower.

< 4 > Housing accumulation fund monthly offset policy

March 16, 2009: After handling the entrustment agreement, the provident fund can be automatically deducted to the repayment account every month. For example, if the husband and wife use the provident fund loan to buy a house, and they both pay the provident fund 1.800 yuan and the provident fund loan 1.500 yuan every month, then the lender does not need to deposit in the loan account; If both husband and wife pay a total of 1.800 yuan for provident fund and a monthly provident fund loan of 3,000 yuan, they only need to pay 1.200 yuan. In this way, the application can be changed from once a year to once a month, and the loan is automatically offset, which greatly facilitates the buyers. The scope of application of the new regulations is as follows:

(1) The new regulations are only for buyers who pay the provident fund in Wuhan Housing Provident Fund Management Center. Citizens of four units in Wu Hanyou can pay the provident fund: Wuhan Housing Provident Fund Management Center, Provincial Housing Provident Fund Management Center, Provincial Housing Provident Fund Management Center and Wuhan Housing Provident Fund Management Center Railway Sub-center. Only those who pay the provident fund in Wuhan Housing Provident Fund Management Center can enjoy this new policy, while those who pay the provident fund in the other three places cannot enjoy the new rules.

(2) The purchaser who pays the provident fund to Wuhan Housing Provident Fund Management Center can choose one of two ways: monthly deduction and annual deduction. Deduction and repayment on a monthly basis, and the provident fund deposit is used to repay the monthly payment of provident fund loans, including principal and interest; While deducting the repayment year by year, the deducted provident fund deposit can only be used to repay the principal of the provident fund loan in advance. Therefore, monthly deduction is better than annual deduction.

(3) The agreed retention amount of the provident fund deposit account is different. Deduct monthly to repay the loan, requiring the client to keep 6 times of the monthly deposit amount of the provident fund in the provident fund account when signing the power of attorney; However, if the repayment is deducted year by year, an amount of not less than 100 yuan shall be reserved in the customer's provident fund deposit account. When the provident fund deposit account does not meet this condition, the system will automatically stop the deduction until the condition is met.

(4) The time of deduction and repayment is different. Deduct the loan on the 20th of each month; Deduct the loan every year on the date specified by the client, but the first deduction must be within 6 months (excluding 6 months) after the loan is issued and repaid.

(5) As long as employees who have paid provident fund in Wuhan, they can apply for provident fund loans for six consecutive months without Wuhan hukou; The maximum amount of provident fund loans is 500,000.

(six) the down payment can also use the provident fund. Not only is the monthly loan offset by the provident fund, but if the buyer has enough money in his account, he can also use the provident fund to offset the down payment.

For the above points, buyers should pay attention to the difference between the two repayment methods, choose the repayment method suitable for their actual situation, and also pay attention to the time of deduction and the amount agreed in the provident fund deposit account to minimize repayment pressure and interest expenses.

There are four steps to handle entrusted deduction repayment procedures:

1, ask for the form (to the loan bank);

2. Apply (to the loan bank);

3, the unit audit seal;

4. Sign the power of attorney (at the bank where the account is opened).

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 individual provident fund deposit account is from the loan application time 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 the securities recognized by the provident fund center such as government bonds and bank time deposit certificates;

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.

What are the loan conditions of Wuhan first-hand housing provident fund? Must see before buying a house!

Provident fund loan is a common mortgage method. As long as you meet the requirements of the local provident fund center, you can apply for a provident fund loan with very low interest. The conditions of provident fund loans in different regions are different. Today, I would like to introduce the application conditions of Wuhan first-hand housing provident fund.

I. Application conditions

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 credit review 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 the housing commercial loan to the provident fund loan; The ownership of the purchased house is clear, the procedures are legal and complete, and there is no law;

5. There are no outstanding provident fund loans;

6. Agree to mortgage the purchased house by means of loan, or provide guarantee by means recognized by the provident fund center such as government bonds, bank time deposit certificates and securities.

Second, the application materials

1. The original and photocopy of the ID card and household registration book of both husband and wife of the borrower;

2. The original and photocopy of the proof of marital status (singles need to sign the declaration of singles);

3. The original and photocopy of the house purchase contract filed by the real estate department, and the down payment receipt of not less than 20% of the total house price;

4. Other supporting materials required by the loan bank or provident fund center.

Third, the application process

Loan consultation → application submission → loan acceptance → bank preliminary examination → contract signing → bank audit → final examination of provident fund center → bank mortgage registration.