2. Calculated as a percentage of the house price: when buying commercial housing, price-limited commercial housing, affordable housing or private houses, the maximum loan price is about 80%. The purchase of second homes, self-owned houses, publicly-owned existing houses and self-owned houses newly built, rebuilt or overhauled on rural collective land shall not exceed 70% of the house price.
Legal basis: Regulations on the Management of Housing Provident Fund
Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.
The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.
The risk of housing provident fund loans shall be borne by the housing provident fund management center.
Twenty-seventh applicants for housing provident fund loans shall provide guarantees.
Twenty-eighth housing provident fund management center in the premise of ensuring the housing provident fund withdrawal and loans, approved by the housing provident fund management committee, housing provident fund can be used to buy government bonds.
The housing provident fund management center shall not provide guarantees to others.