1. Can I use provident fund loans to buy a house after retirement? Does it affect the annual limit?

The borrower’s loan term plus actual age generally shall not exceed his or her statutory retirement age.

For borrowers who have made continuous and full deposits for more than five years and have stable income, good credit, and the ability to repay the principal and interest of the loan, the extension can be extended from one to five years.

If you retire in 5 years, you can borrow for 4 to 5 years, and if you meet the above conditions, you can extend it for 1 to 5 years.

The specified period of the housing provident fund loan is calculated based on the lowest value of the following two items.

(1) The loan period for first-hand properties shall not exceed 30 years, and the loan period for second-hand properties shall not exceed 20 years.

(2) The sum of the borrower’s age and the loan term shall not exceed 5 years after the statutory retirement age.

The statutory retirement age is generally calculated as 55 years old for women and 60 years old for men.

If two or more people purchase the same house and apply for a housing provident fund loan, the loan with the longest term will be used for calculation.

2. Can you still use provident fund loans to buy a house after retirement?

You cannot apply for provident fund loans to buy a house after retirement, because according to the provident fund management regulations, retirees can only withdraw provident funds but cannot Home loan. First of all, provident fund loans require continuous payments for a certain number of months, so you only have the opportunity when you first retire. Secondly, the number of years you can get a loan after retirement is relatively short, only 5 years at most, and due to the lack of sources of income after retirement, loans cannot be obtained. When provident fund loans are not available to buy a house, commercial loans can only be obtained. Because the loan will require the borrower to provide proof that the retired person has no job, there is no way to prove this. In the eyes of the bank, pensions can only be used as a basic guarantee of life, and cannot be used as proof of income and are not enough to support monthly payments. . Provident fund loans refer to loans that are enjoyed by employees who have paid housing provident funds. Employees who have deposited provident funds can apply for personal housing provident fund loans in accordance with the relevant provisions of provident fund loans.

Housing Provident Fund Loan Process

1. The borrower can submit a written application to the lending institution, which will be accepted by the lending institution and then submitted to the housing provident fund management department for review and approval. Alternatively, the borrower can apply to the housing provident fund management department and wait. Approval.

2. The borrower, contract and guarantee contract approved by the housing provident fund management department shall go through relevant procedures such as guarantee; the lending bank shall, in accordance with the loan contract, transfer the property sales contract established by the loan developer to the lending bank. A special account for the loan, or directly transferred to the borrower's deposit account opened at the lending bank.

3. The borrower opens a repayment account at the lending bank and repays the principal and interest of the loan as scheduled according to the loan repayment plan; after the loan is settled, the borrower obtains the "Loan Settlement Certificate" from the lending bank and obtains Return the mortgage registration certificate and the original insurance policy, and go to the original mortgage registration department to apply for mortgage

Legal basis: "Interim Measures of the State Council on Retirement and Retirement of Workers"

Article 1 Ownership by the whole people The work of enterprises, public institutions, party and government agencies, and mass organizations must meet the following conditions

(1) Males must be over sixty years old, and females must be 60 years of age or older.

(2) Those who are engaged in underground, high-altitude activities or other activities that are harmful to health, and the female is over forty-five years old and has worked continuously for ten years.

This provision also applies to grassroots cadres whose working conditions are the same as those of workers.

(3) Males are over 50 years old, females are over 45 years old, have worked continuously for ten years, are certified by the hospital and confirmed by the Labor Appraisal Committee, and have completely lost the ability to work.

(4) Disabled due to work, certified by the hospital and confirmed by the Labor Appraisal Committee Chairman’s Committee, indicating that the person has completely lost the ability to work.

For those who move into their first home, the original employer will generally provide them with a one-time settlement subsidy of 150 yuan. For those moving from large and medium-sized cities to settle in rural areas, they will receive 300 yuan. If a retired worker relocates to another place, he or she may be given a resettlement subsidy equal to two months' standard salary.

Article 8 Retired and retired workers can continue to enjoy publicly funded medical treatment.

Article 9 Workers’ retirement fees and retirement living expenses shall be paid by the enterprise administration for enterprise units, and shall be separately paid by the county-level civil affairs department of the place where retired and retired workers live for party and government organs, mass organizations and public institutions. Budget payment.

3. Can I still use provident fund loans to buy a house when I am about to retire?

If your age is within the limit of provident fund loans, you can get a loan to buy a house.

1. Materials required for housing provident fund loan:

1. Household registration book of the borrower and his spouse;

2. Residents of the borrower and his spouse ID card;

3. Proof of the borrower’s marital status;

4. Proof of down payment for house purchase;

5. The borrower’s and his spouse’s ID card printed by the bank Credit status report;

6. House sales contract or agreement that complies with legal requirements.

2. Conditions for handling housing provident fund;

1. The individual and the unit must pay the housing provident fund continuously for one year;

2. The borrower has a stable Economic income, good credit, and the ability to repay the principal and interest of the loan;

3. If the borrower purchases a commercial house, the borrower must have no less than 30% of the total house price.

3. Housing provident fund application process:

1. The lender prepares relevant information, fills out the loan application at the bank, and submits the materials;

2. The lending bank After receiving the application, the information will be confirmed and reviewed;

3. After review, the lending bank will contact the lender and sign the relevant contract;

4. The bank will grant the loan and the lender will fulfill the repayment responsibility.

4. Can I use provident fund loans to buy a house after retirement? Will it affect the quota?

Nowadays, as houses become more and more expensive, many people are impatient and start buying houses, and the number of retirees buying houses is also gradually increasing. In the real estate market, retirees have become a beautiful sight. So, can I use provident fund loans to buy a house after retirement? Let’s take a look together.

Can I apply for a provident fund loan to buy a house after retirement? The answer is yes, but there are restrictions. Because according to relevant regulations, retirees applying for provident fund loans will be subject to age and loan term restrictions. The provident fund loan term cannot exceed 5 years after the borrower retires. If you retire at the age of 60, then the loan term can only be up to 65 years old. . Will there be any impact on the provident fund loan limit applied for after retirement? Of course this exists, and the impact is not small! Although you may have good credit and a certain ability to repay, your age is a big obstacle. Considering the high age of retirees, the general loan amount will not exceed 500,000 yuan. In addition, if you have high asset capacity, are a national civil servant, and have sufficient balance in your provident fund account, you may still be able to get a higher loan amount. How do retirees apply for provident fund loans? Retirees have special characteristics and will have their own special channels when applying for loans. They do not need to go through the unit manager, but can go directly to the local provident fund management department. In order to avoid the trouble of making multiple trips, you can consult in advance through the official website and telephone. Here we introduce retiree provident fund loans to everyone, hoping to provide you with a reference.