According to the relevant policies and regulations of Changsha, when buying a second house, commercial loans or portfolio loans must be used, and provident fund loans can only be used to buy the first house. Eligible applicants buy a second suite, and the down payment ratio of provident fund loans is 50%, that is, they need to pay 50% of the house price themselves. At the same time, the upper limit of ordinary housing provident fund loans is 800,000 yuan, and the maximum loan amount for non-ordinary housing is 600,000 yuan. In addition, if you want to apply for provident fund loans to buy real estate, you must meet the following conditions: First, you must pay the provident fund for 3 years; The second is to continuously deposit the provident fund for 6 months and deposit it in the current unit or place of residence; Third, there are no other properties under the name; The fourth is in line with the city's housing purchase policy. In addition, when applying for a loan, you need to provide relevant supporting materials, such as proof of income and proof of identity.
How long is the repayment period for purchasing real estate with provident fund loans? According to the Regulations on the Management of Housing Provident Fund, the loan period for purchasing housing with provident fund loans is generally 20 years, and the longest period shall not exceed 30 years. The specific repayment period needs to be comprehensively considered according to the regional policies and the actual situation of the lender.
In Changsha, the down payment ratio of the second-home provident fund loan is 50%, and the loan ceiling is 800,000 yuan (ordinary housing) or 600,000 yuan (non-ordinary housing). Applicants must also meet the relevant conditions and provide relevant certification materials. The repayment period for purchasing real estate with provident fund loans is generally 20 years, and the longest period shall not exceed 30 years. Provident fund loans should be earmarked for the purchase of self-occupied housing or the payment of housing rent and family birth control expenses.
Legal basis:
Article 13 of the Regulations of People's Republic of China (PRC) Municipality on Housing Provident Fund shall be used exclusively for the purchase, construction and maintenance of self-occupied housing or the payment of housing rent and family birth control expenses, and shall not be used for investment in stocks, futures and securities, or for the purchase, decoration or operation of non-self-occupied commercial and office buildings.