The influencing factors are as follows:

1, personal monthly income

The loan amount of housing provident fund is first affected by the individual's monthly income, which directly determines the deposit amount of the monthly provident fund account. The greater the monthly deposit of the provident fund account, the greater the balance of the provident fund account, and the greater the loan amount applied.

2. Payment proportion and evaluation price

For second-hand housing, in addition to the maximum amount, the down payment ratio and housing evaluation price will also affect the amount of provident fund loans.

The down payment ratio of the first home loan in Shenzhen is 30%, and that of the second home loan is 70%.

3. Deposit base and balance

The loan amount of provident fund is also affected by the deposit base and account balance of provident fund, which directly determines the maximum loan amount of the applicant.

4. Lender's age

The amount of provident fund loans is also related to the age of the lender. If the lender is too old, it will affect the loan. The longest loan period is ≤30 years, and the age, age and loan period of the house are whichever is lower.

5. Personal credit

No matter what kind of loan, personal credit will affect the loan. For customers with good personal credit, the loan amount will generally increase, while for customers with poor personal credit or even poor credit reporting, the loan amount will often decrease.

Provident fund loans refer to loans enjoyed by employees who pay housing provident fund. According to national regulations, all employees who have paid housing provident fund can apply for individual housing provident fund loans according to the relevant provisions of provident fund loans.

Provident fund loans refer to individual housing provident fund loans, which are issued by local housing provident fund management centers. With the housing provident fund paid by employees who apply for provident fund loans, commercial banks are entrusted to provide mortgage loans to housing provident fund depositors who purchase, build, renovate or overhaul their own houses and retired employees who pay housing provident fund during their employment. According to the regulations, employees who have paid housing provident fund for a certain number of years or more (the number of years varies from city to city, such as 12 months or more in Changsha) can apply for provident fund loans when the funds for purchasing, building, renovating or overhauling their own houses are insufficient.

The loan conditions are: the employees of the unit have signed labor contracts for more than three years (or signed 1 year labor contracts for three consecutive years); Normal continuous monthly housing provident fund deposit exceeds a certain period; Not exceeding the statutory retirement age; The borrower has a stable economic income and the ability to repay the principal and interest; The borrower agrees to handle the mortgage registration and insurance; Provide the guarantee method agreed by the local housing provident fund management center and its sub-centers; At the same time, submit relevant documents required by the bank, such as house purchase contract or house pre-sale contract, real estate license, land use certificate, deposit certificate of provident fund, etc.

Letter of credit clause

1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans. Employees who have not participated in the housing provident fund system cannot apply for housing provident fund loans.

2. If you participate in the housing provident fund system, you must also meet the following conditions to apply for a housing provident fund personal housing loan: that is, you must pay the housing provident fund continuously for not less than 6 months before applying for the loan. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing loans.

3. If one of the husband and wife has applied for a housing provident fund loan, both husband and wife shall not obtain a housing provident fund loan again before paying off the principal and interest of the loan. Because the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of workers' families.

4. When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is risky to lend to housing provident fund, which violates the principle of safe operation of housing provident fund.

5. The term of the provident fund loan shall not exceed 30 years. For portfolio loans, the loan conditions of provident fund loans and commercial housing loans must be the same.

What is the reduction in the amount of housing provident fund loans? How much can the housing provident fund loan borrow?

For many people who are about to buy a house, the current house price is very high, so most people will choose to apply for a mortgage loan to buy a house. Before choosing a mortgage loan, if you pay the housing provident fund on time, in order to save money, you may wish to consider buying a house with a housing provident fund loan. Then, what is the reduction in the amount of housing provident fund loans?

For many people who are about to buy a house, the current house price is very high, so most people will choose to apply for a mortgage loan to buy a house. Before choosing a mortgage loan, if you pay the housing provident fund on time, in order to save money, you may wish to consider buying a house with a housing provident fund loan. Then, what is the reduction in the amount of housing provident fund loans? How much can I borrow from the housing provident fund loan?

What is the reduction in the amount of housing provident fund loans?

The reasons for the reduction of the loan amount of housing provident fund are usually related to personal credit information, age, occupation and repayment ability.

1, provident fund loan policy

If you want to use the provident fund loan, you must meet the conditions stipulated by the policy. The provident fund loan policy not only limits the conditions of provident fund loans, but also limits the amount of provident fund loans. The amount of housing provident fund loans in different cities and regions is different. If buyers want to buy a house with provident fund loans, they need to know the local provident fund loan policies.

2. Down payment ratio

No matter what kind of loan method, the loan amount is inversely proportional to the down payment ratio, that is to say, the more down payment buyers make, the lower the demand for loan amount. And each region has different requirements for the down payment ratio. Usually, the down payment ratio for purchasing the first suite will be between 20-30%.

3. Provident Fund account balance

According to the calculation method of provident fund loan amount, the level of provident fund loan amount is also closely related to the balance in individual provident fund account. At present, when calculating the loan amount in most cities, the balance of the lender's current provident fund account is multiplied by a certain multiple, so within the limit of the local provident fund loan policy, the balance of the provident fund account is directly proportional to the provident fund loan amount.

How much can I borrow from the housing provident fund loan?

After the provident fund has been paid for one year (uninterrupted), you can apply for a provident fund loan. At present, the provident fund loan quota policy is as follows:

1, individuals can borrow up to 400,000 yuan, couples can borrow up to 500,000 yuan with supplementary provident fund, and couples can borrow up to 600,000 yuan, and one of them can borrow up to 700,000 yuan with supplementary provident fund;

2. 15 times of the balance in the provident fund (buying a second-hand house), and 20 times of the balance in the card if buying a new house;

3. Loan amount of provident fund = {monthly contribution of provident fund/(individual contribution ratio unit contribution ratio) monthly contribution of provident fund /240%- repayment in other months} loan period.

The above article is all the knowledge I have told you about how much housing provident fund loans can be borrowed when the amount of housing provident fund loans is reduced. I hope I can help you. Before you apply for and apply for a housing provident fund loan, if the amount is too low, you must find out the specific reasons.

What should I do if the housing provident fund loan amount is not enough? What is the solution?

Provident fund loans have become the first choice for many people to buy houses because of their low interest rates. Although the interest rate of provident fund loans is low, the disadvantage is that the amount is not high. Many people will encounter insufficient provident fund loans when buying a house. What if the amount of provident fund loan is not enough?

What if the provident fund loan amount is not enough to buy a house?

1. Apply for a portfolio loan

Portfolio loan is a combination of commercial loans and provident fund loans, which can be used as a supplement to the shortage of provident fund loans. However, it is more difficult to apply for portfolio loans, because portfolio loans need to meet the conditions of both provident fund loans and commercial loans before they can be loaned. In addition, portfolio loans involve many institutions, and the procedures are complicated and time-consuming.

2. Be together with the lender.

If your own provident fund loan amount is insufficient, if you are married, you can use your spouse's provident fund loan. If you are unmarried, you can try to borrow from your parents' provident fund.

Increase down payment

If the first two methods fail, buyers can try to increase the down payment ratio and reduce the loan amount.

4. Turn to commercial loans

If the total price of houses purchased by property buyers is relatively high, but they cannot apply for portfolio loans, and the amount of provident fund loans is too poor, then property buyers can consider using commercial loans. Although the interest rate of commercial loans is relatively high, the loan amount of commercial loans is much higher, which is the main way to buy a house with loans at present. When buyers apply for commercial loans, as long as they meet the relevant conditions of banks, they can generally get their expected amount, and commercial loans are not as complicated as provident fund loans.

The above are several ways to solve the shortage of provident fund loans. These solutions are generally used in the case of high housing prices. If the house price is not high, it is more cost-effective to apply for provident fund loans. Of course, if you buy a second suite, and the first suite has already used the provident fund loan and is still repaying, then the second suite cannot apply for the provident fund loan.

This concludes the introduction of reducing the amount of provident fund loans and what it means to reduce the amount of provident fund loans. I wonder if you have found the information you need?