You can't use provident fund loans for apartments.

Because the housing provident fund is aimed at housing, 40-year-old property apartments cannot use provident fund loans. The provident fund is mainly used to purchase, build, renovate and overhaul self-occupied houses, repay the principal and interest of home purchase loans, and subsidize the rent that exceeds the family wage income.

First, the provident fund can only be used for residential buildings, that is, the land is "residential land" and the land use period is 70 years. Usually single apartments, LOFT, office buildings and other houses. The nature of the land is "commercial service land", and the land use period is 40 years, so it is impossible to use provident fund loans. If the purchased apartment is a residential apartment with 70-year property rights, you can apply for a provident fund loan.

Second, the apartment loan processing

Before the apartment loan, it is necessary to know the purpose of the land for building property. If the property is commercial land, the property right of the apartment belongs to 40 years. If it is residential land, the property right of the house is 70 years. 40 years of land belongs to commercial land. You can only choose commercial loans when purchasing, but you can't use provident fund loans. In the loan, you don't enjoy the national first suite policy, you can only borrow 50%, and you need to prepare 50% down payment. If it is residential land, you can enjoy 70% of the first suite policy loan, and you only need to prepare 30% down payment.

Third, matters needing attention in buying an apartment

1, please pay attention to the property right of the house: commercial houses and houses are different, so when buying a house, you should pay attention to what kind of apartment you want to buy. According to the relevant regulations, the nature of the right to use the combined house is consistent with the land use right, and the nature of the commercial house is only residential land, commercial land and industrial land. Buyers only need to check the land use column in the land use certificate of the property, and it is clear at a glance whether it is residential or commercial.

2. Clarify the purpose of purchase: When buying an apartment, I suggest you first determine what you are buying an apartment for. If you want to buy an apartment for investment, you can choose a business apartment. Pay attention to whether the security system is perfect, the matching of the house and the surrounding traffic network are vertical when purchasing. If you live by yourself, I suggest you choose a residential apartment, because most commercial apartments are closed to natural gas and cannot meet the basic needs of life.

3. Pay attention to the surrounding environment and supporting facilities of the community: the environment of the community is very important, no matter whether the apartment is occupied or used for other purposes. When buying a house, buyers need to see whether the supporting facilities of the community can meet the needs of life, and whether there are basic supporting facilities for life near the community, such as supermarkets, vegetable markets and medical clinics.

Excuse me, can I borrow the real estate license of commercial apartment?

The real estate license of business apartment can be loaned. Commercial and residential apartment real estate license loans can be carried out in the following two ways:

1, through bank loans. At present, the benchmark loan interest rate issued by the central bank is 6% for one year and 6. 15% for two to three years. Four to five years, 6.4%; More than six years (including six years) 6.55%. Generally, banks will fluctuate according to personal credit status, generally floating 10% to about 20%. The specific loan interest rate is subject to the local bank.

2. Loan through provident fund. It should be noted that the provident fund does not recognize loans, and commercial housing is not included in the purchase restriction, which is equivalent to the fact that there is no real estate under the current name (everything is family-based), so as long as the house you buy now is below 90 square meters, you can get the highest loan of 80% of the house evaluation price, which is the so-called down payment of 20%. The provident fund has an upper limit, with a maximum of 6.5438+0.04 million. For provident fund loans, proof of previous loan records is required.

Commercial and residential apartments do not affect the purchase of the second suite, but special attention should be paid to the loan application when purchasing commercial and residential apartments to avoid delaying the purchase of the second suite. After all, many policies are effective for ordinary houses.