Requirements for the borrower to apply for Beijing Provident Fund loan:
The borrower must meet the following basic conditions:
1, with legal and valid identity and full capacity for civil conduct;
2 have a stable occupation and income, good credit status, and the ability to repay the principal and interest of the loan;
3, purchase, construction, renovation, overhaul occupied housing;
4. The borrower and his wife have no outstanding housing provident fund loans or housing provident fund policy discount loans;
Applicants for housing provident fund loans must meet the above conditions, and their housing provident fund deposit amount must meet one of the following three conditions:
1. The housing provident fund account has been established for more than 12 months (inclusive), and the housing provident fund has been paid in full for more than 12 months (inclusive) and is in the state of payment when applying for a loan;
2. The applicant's employer is in a deferred payment state with the approval of the provident fund management center, but I meet the requirements of establishing a housing provident fund account 12 months or more (inclusive) and fully paying the housing provident fund 12 months or more (inclusive);
3. The loan applicant is a retired employee who has paid the housing provident fund during his employment.
How to agree on the loan amount and term;
Loan amount:
1, loan amount of provident fund loan
The loan amount of housing provident fund is related to the borrower's provident fund deposit amount, the loan application period, the down payment amount, the construction area of the purchased house and other factors. At present, the maximum single loan amount of Beijing housing provident fund is 800,000 yuan, and the final loan amount is subject to the approval result of the provident fund center.
2. Loan amount of portfolio loan
The maximum loan amount of provident fund loans in portfolio loans shall be implemented in accordance with the relevant provisions of the provident fund center. The maximum loan amount of commercial loans shall be implemented in accordance with the relevant provisions of the regulatory authorities and bank mortgage loan business. At the same time, the sum of down payment, commercial loan and provident fund loan should be equal to the total purchase price.
Loan term:
1. Term of provident fund loan: The longest loan period of the borrower can be calculated until the borrower is 70 years old, and the longest loan period is not more than 30 years.
2. Portfolio loan term: The longest loan term of the borrower can be calculated until the borrower is 65 years old, and the longest loan term is not more than 30 years.
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