The notice mentioned that in order to ensure the sustained and healthy development of the housing provident fund loan business, Zhengzhou Housing Provident Fund Management Center intends to solicit opinions on the adjustment of the provident fund loan policy in accordance with the principle of "having a house to live in".
According to the new media report of Viewpoint Real Estate, Zhengzhou plans to extend the application time limit for provident fund loans appropriately. At the same time, combined with the housing prices in different regions of Zhengzhou, the maximum amount of provident fund loans was set in urban areas (including five districts in the city, Zhengdong New District, High-tech Development Zone and Economic and Technological Development Zone) and non-urban areas.
In terms of loan ratio, Zhengzhou plans to set the maximum loan ratio (the proportion of loan amount to the total property price) according to the deposit and house purchase. For the first time, if the provident fund loan is used to purchase the first family home, the maximum loan ratio is set at 70%; The maximum loan ratio is set at 40% in the case of off-site loans.
The notice also pointed out that Zhengzhou will refer to the approval requirements of commercial housing loans in other cities and banks, and determine the repayment ability of borrowers according to the standard that the monthly repayment amount of provident fund loans does not exceed 50% of family income.
In terms of credit reporting, Zhengzhou intends to restrict applicants with serious personal credit reporting from applying for provident fund loans. When applying for a loan, the applicant shall provide the personal credit report issued by the Credit Management Department of the People's Bank of China to the provident fund loan acceptance department, or authorize the acceptance department with inquiry conditions to make inquiries on its own.