1. Shanghai’s third home loan policy

Shanghai’s third home loan policy is as follows:

The lower limit of the third home loan interest rate is 0.7 times the benchmark loan interest rate. The maximum mortgage loan amount is 80% of the total price of the house purchased. If the area of ??the purchased house exceeds 90 square meters, the maximum loan amount is 70% of the house price.

1. For households that own one house and the corresponding house purchase loan has not been paid off, in order to improve their living conditions and apply for a commercial personal housing loan again to purchase an ordinary home, the minimum down payment ratio will be adjusted to no less than 40%. The specific down payment ratio and interest rate level shall be reasonably determined by banking financial institutions.

2. When an individual applies for a third home mortgage loan, the applicant is required to have sufficient down payment from the previous home mortgage loan, have the ability to repay, and have a good credit record. Banks in the area need to consult the local bank before executing a mortgage loan for a third home.

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1. What is the process of Shanghai housing loan?

1. The borrower fills out the "Loan Application Approval Form" and submits relevant materials to the lending bank (original and photocopy of the down payment certificate, source certificate, etc.).

2. The developer acts as the guarantor of the loan in the "Guarantor" of the "Loan Application Approval Form"

3. The loan officer of the lending bank will review all the information and documents submitted by the loan applicant, one by one.

4. The loan bank receives the completed documents and issues the loan according to the legally valid loan contract.

5. The property rights registration and notarization department of the Land and Resources Bureau handles the property rights. Mortgage registration procedures.

6. Notify the developer to collect the loan contract and issue proof of payment to the lender.

7. Notify the borrower to collect the loan contract. , IOU, insurance policy.

8. After the borrower repays the loan principal and interest on schedule, the mortgage registration will be canceled and the contract will be terminated.

2. How to identify three sets of loans in Shanghai. Mortgage

1. The new housing loan policy is generally based on the number of houses in Shanghai, and the scope of identification is based on households. This is fundamentally different from the previously implemented standards for identifying second homes< /p>

2. Nowadays, banks generally pay off the loans related to those who have two home purchase records in Shanghai. There are two sets of commercial loan records in the name of the house purchase, one has been paid off and sold, and the other has been refinanced. , will be regarded as a third home loan by the bank.

3. There are two sets of commercial loan records in the personal name, both of which have been paid off and sold. Although it is possible to provide proof of the sale of the two homes, the individual payment will not be made. It will be considered as three houses. A Shanghai individual has one commercial loan that has been paid off, and the other is a provident fund loan. He wants to use the provident fund loan to purchase another house. According to the provisions of the new provident fund policy, it will be regarded as three houses and shall be implemented in accordance with the three house loan policy. .

4. Provident fund loan for the first home, commercial loan for the second home, and a commercial loan for the second home. This situation will definitely be counted as using a commercial loan to buy a house, and the other party wants to buy a house with Personal loans in the same names of husband and wife, but because there are records in the central bank's credit system, loans to buy a house in the same names of husband and wife will still be counted as three items

5. Husband and wife One party's marriage money has not been sold, and the other party has used a commercial loan to buy a house for his parents. One party has used the provident fund in his name to buy a house with full payment, which has been sold, and a house purchased with a provident fund loan has been paid off but not sold. After marriage, he wants to use the provident fund to buy a house. Apply for a provident fund loan in the name of the other party and then buy a house.

6. Between the couple, one party purchased a house with full payment but no loan in his name before the marriage. After the marriage, he purchased a house with full payment in the name of the other party. Now in Shanghai, two people are planning to use provident fund loans to buy another house in the same name. According to the current provident fund new policy, the house they plan to buy again belongs to the third house, and the provident fund loan is suspended.

2. How to determine the "first home" when the new housing provident fund policy is officially implemented today?

From today on, Shanghai's new housing provident fund policy is officially implemented, and families can borrow up to 1.2 million yuan.

However, many people are still not clear about the concept of "first home": "Is it true that if you have never used provident fund before, the first time you use it is considered your first home?", "If you have used provident fund loans before, if you have Can housing provident fund loans be considered as first home loans after paying off? ”

Many people have used provident fund loans, especially improvement buyers, who have basically used provident fund funds once or even multiple times. According to a person from the Shanghai Housing Provident Fund Management Center, if a home buyer applies for a pure provident fund loan, as long as there is currently no house under his name and all provident fund loans he has applied for have been paid off, he can buy a house no matter how many provident fund loans he has applied for before. It can still be considered a “first house”.

If it is a combination loan, it depends on the identification standards of the bank you are lending to. It should be noted that the "first home" in the provident fund new policy does not stipulate that it must be an ordinary residence. This is different from the second home loan new policy.

In addition, the new provident fund loan policy mentions that "the purchase of an improved second set of ordinary commercial houses shall be implemented with reference to the policy for purchasing the first home. If the purchase of an improved second set of non-ordinary commercial houses is purchased, the maximum provident fund loan limit shall be adjusted accordingly. . "The word "improvement type" here is not a casual term, but a specialized concept.

According to relevant personnel from the Provident Fund Center, “The per capita construction area standard for purchasing an improved second home is less than 35.1 square meters (including 35.1 square meters).” In other words, the house you currently hold Only if the average per capita does not exceed 35.1 square meters can it be considered an "improvement" if it is purchased again, and the house purchased again must be an ordinary house in order to follow the policy of purchasing a first home.

(The above answer was published on 2015-04-15, please refer to the actual current relevant home purchase policies)

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3. Under Shanghai Provident Fund Loan New Policy, if a previous commercial loan has not been repaid, it can be regarded as the first loan...

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If the previous loan has not been repaid ; you cannot apply for a provident fund loan.

Specific policy interpretation:

In order to implement the "Notice on Further Improving Housing Financial Services" by the People's Bank of China and the China Banking Regulatory Commission and the "Notice on Further Improving Housing Financial Services" by the Ministry of Housing and Urban-Rural Development, the Ministry of Finance and the People's Bank of China on the Development of Housing Provident Funds "Notice on Personal Housing Loan Business" requires that, with the approval of the 44th meeting of the Municipal Housing Provident Fund Management Committee, this city will make corresponding adjustments to the housing provident fund personal loan policy, as follows:

1. For loans without housing provident fund Families who have recorded or paid off housing provident fund loans and purchase their first home for self-occupation shall implement the first home loan policy.

2. For families that own one house and have paid off the housing provident fund loan, and apply for a housing provident fund loan again to purchase ordinary commercial housing in order to improve their living conditions, the first home loan policy shall be followed. That is, the loan down payment ratio is 30%, the loan interest rate is 4.50% for a term of more than five years, and 4.00% for a term of less than five years (including five years). The maximum housing provident fund loan limit for each household is 600,000 yuan (the maximum loan limit per person The maximum loan limit for households with supplementary housing provident funds is 800,000 yuan (the maximum loan limit per person is 400,000 yuan).

3. Continue to stop providing provident fund loans to households purchasing their third or more homes.

4. The guarantee for housing provident fund personal housing loans is mainly based on the mortgage of the purchased house, and the mandatory institutional guarantee charges for housing provident fund personal housing loans are cancelled.

This adjustment policy will be implemented from the date of the issuance of the Administrative Committee's "Notice on Adjusting the City's Housing Provident Fund Personal Loan Policy". Housing provident fund loans accepted from October 9, 2014 will be implemented in accordance with this adjusted policy. For housing provident fund loans that have been accepted but not issued before October 9, 2014, the policies after this adjustment will be followed. (See the attached table for the adjusted housing provident fund personal home purchase loan policy)

4. What are the standards for identifying first-time home owners in Shanghai in 2021?