As a city in the south of the Yangtze River, Wuxi has a relatively developed economy and a very good living environment, so many people choose to buy a house here. Nowadays, few people buy houses in full, and they often apply for loans. What is the housing loan policy in Wuxi? Next, let's take a look at the following!
The policy mainly requires provident fund loans. When buying a house in the urban area, the down payment paid by the first provident fund loan should be no less than 20% of the total house price. For the second time, the down payment should be no less than 40% of the total house price, and the lender must meet the requirements that the provident fund has been paid for half a year or more before the application.
If you use the provident fund loan to buy a house, the down payment of the first house under your name, no matter how big, must not be less than 20% of the total house price. Before the policy is adjusted, the use of provident fund loans will often limit the housing area. Among them, the minimum down payment for a house within 90 square meters is only 20% of the total house price, while the minimum down payment for an area above 90 square meters is 30% of the total house price. In addition, the number of housing units is also limited. The down payment of the second suite will be higher than that of the first suite, just like the existing property under the name, but in order to improve the living, we will use the provident fund to buy a house again, and the minimum down payment will be 30% of the total house price. The size of the loan interest rate depends on the number of housing units, and the interest rate of the first suite is relatively low, so the pressure on lenders will not be so great.
Before using the provident fund loan, you should pay the provident fund in the urban area for half a year continuously, and there is no problem of default within the first 24 months of application. If the applicant's provident fund is transferred from other places, it must be paid continuously for six months before, and the provident fund should be paid there for one month or more.
Among them, the application for provident fund loans should meet these conditions: first, the purchased property belongs to ordinary houses; Second, the applicant is the owner of the property; Third, the work is relatively fixed and there is a stable income; Fourth, it has good credit information and good repayment ability; Fifth, there is collateral; Sixth, if you have applied for provident fund loans before, you should pay them off.
I hope the above answers are helpful to you.
Can Wuxi provident fund buy a house loan in different places?
Legal analysis: Wuxi housing provident fund does not allow loans from different places to buy a house. According to Article 1 of Notes on Housing Provident Fund Loans issued by Wuxi Housing Provident Fund Center, the application conditions are: 1. The loan applicant must meet the following housing provident fund deposit conditions: pay the housing provident fund to our center on time, in full and continuously within the first six months of the month of applying for the loan, and do not owe the housing provident fund for the first two years from the month of applying for the loan; 2. The housing purchased by the loan applicant is self-occupied ordinary housing; 3. The loan applicant is the owner or co-owner of the purchased self-occupied house (the purchase contract is signed and sealed by the buyer); 4, a stable source of economic income and the ability to repay the principal and interest on time; 5. Provide the guarantee company recognized by the Center as repayment guarantee or the securities recognized by the bank as pledge; 6. Both husband and wife of the loan applicant shall not have outstanding provident fund loans.
Legal basis: Regulations on the Management of Housing Provident Fund
Article 16 The monthly deposit amount of employee housing provident fund shall be the average monthly salary of the employee in the previous year multiplied by the deposit ratio of employee housing provident fund. The monthly deposit amount of housing provident fund paid by the unit for employees is the average monthly salary of employees in the previous year multiplied by the proportion of housing provident fund paid by the unit.
Eighteenth employees and units housing provident fund deposit ratio shall not be less than 5% of the average monthly salary of employees in the previous year; Conditional cities can appropriately increase the deposit ratio. The specific deposit ratio shall be drawn up by the Housing Provident Fund Management Committee and submitted to the people's governments of provinces, autonomous regions and municipalities directly under the Central Government for approval after being audited by the people's governments at the corresponding levels.
What is the loan process of Wuxi housing provident fund?
Purchase process of provident fund loan: 1. Materials required for housing provident fund loans: household registration books of borrowers and their spouses; Resident identity cards of the borrower and his spouse; Proof of the marital status of the borrower; Proof of down payment for house purchase; Proof of income; Credit status report of the borrower and his spouse printed by the bank; Housing sales contracts or agreements that comply with the law. The second is the conditions for handling housing provident fund; Individuals and their units must pay the housing provident fund for one year; The borrower has stable economic income, good credit and the ability to repay the principal and interest of the loan; Where the borrower purchases a commercial house, it shall not be less than 30% of the total house price. 3. Housing accumulation fund handling process: the lender prepares relevant materials, fills in the loan application in the bank and submits the materials; After receiving the application, the loan bank shall confirm and review the information; After the approval, the loan bank contacts the lender and signs the relevant contract; When the bank lends money, the lender performs the repayment responsibility. Article 27 An applicant applying for a housing provident fund loan shall provide a guarantee.
This is the final introduction of how many tens of thousands can buy a house from Wuxi provident fund loans and Wuxi provident fund loans. I wonder if you found the information you need from it?