Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.
The contribution ratio of employees and unit housing provident fund 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 shall be 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. The monthly deposit base of urban individual industrial and commercial households and freelancers' housing provident fund is calculated in principle according to the average monthly tax income of the depositor in the previous year.
provident fund loan conditions:
1. On-the-job employees who have full civil capacity and pay the housing provident fund in full;
2. The housing accumulation fund has been paid continuously and normally for more than twelve months;
3. Purchase and build self-occupied houses within the administrative area, and have paid off the purchase price above the prescribed down payment ratio;
4. Personal credit is good, with stable economic income and the ability to repay loan principal and interest;
5. Agree to use the purchased house as collateral for the loan, or provide the guarantee approved by the management center.
provident fund loan processing flow:
1. Lenders need to submit a written application to the bank to apply for housing provident fund loans, fill in the housing provident fund loan application form and truthfully provide the following information:
(1) Proof of the applicant's and spouse's housing provident fund deposit;
(2) the identity certificate of the applicant and spouse (referring to the resident identity card, permanent residence booklet and other valid residence documents) and the marital status certificate;
(3) proof of stable family income and other proof of creditor's rights and debts that have an impact on repayment ability;
(4) valid documents such as contracts and agreements for housing purchase;
(5) Collateral used for guarantee, list of pledge, certificate of ownership, certificate of consent of the person who has the right to dispose of mortgage and pledge, and certificate of collateral valuation issued by relevant departments;
(6) The Provident Fund Center requires a third-party guarantor to provide the guarantee and pay the guarantee fee, and the borrower, the lender and the third-party guarantor * * * sign a tripartite contract.
(7) other information required by the provident fund center.
2. The bank accepts and examines the loan application with complete information in time and submits it to the provident fund center in time.
3. the provident fund center is responsible for approving loans and informing banks of the approval results in time.
4. The bank informs the applicant to go through the loan formalities according to the results of the examination and approval by the provident fund center. The borrower and his wife sign a loan contract and related contracts or agreements with the bank, and send the loan contract and other formalities to the provident fund center for review. After the approval by the provident fund center, the entrusted fund will be allocated, and the entrusted bank will issue the loan in full and on time according to the loan contract.
5. In case of mortgage, the borrower shall go through the mortgage registration formalities with the property right management department in the area where the house is located. The mortgage contract or agreement shall be signed by both husband and wife, and if securities are pledged, the borrower shall hand over the securities to the management department or the Union Center for custody.