1. What is the credit loan limit of Shanghai Provident Fund?

The first house is 600,000 yuan, and the second improved house is 500,000 yuan. like.

2. In 2022, the Shanghai Provident Fund loan limit for individuals is 600,000.

In 2022, the Shanghai Provident Fund loan limit for first-home buyers is 600,000 for individuals. The upper limit for couples’ Provident Fund loans is 600,000. The upper limit of the provident fund loan amount for the second home is 500,000 yuan for individuals, and the upper limit for the provident fund loan amount for couples is 1 million yuan. The above is the relevant content of Shanghai Provident Fund loan quota in 2022.

Provident Fund loan application process

1. Go to the local Provident Fund Management Office to inquire whether the individual has the qualifications to apply for a Provident Fund mortgage loan. If it meets the standards for applying for a Provident Fund mortgage loan, then you can go to the local provident fund management office. The provident fund management office authorizes a bank to handle provident fund loans. It is necessary to fill in the "provident fund loan application form" and at the same time, it is also necessary to present the individual's valid identity document, savings card, house purchase contract or house purchase agreement and other information;

< p>2. After receiving the applicant's loan application, the bank will conduct a basic review and approval of the applicant's borrowing qualifications. After passing the review, the bank will notify the applicant to go through the interview procedures at the bank, which requires signing a loan contract, loan IOU, and provident fund hedging transaction. Agreement and provident fund deduction agreement. After the bank passes the preliminary review, the data information that has passed the preliminary review will be sent to the center for review and careful review. For those who are not compliant in the initial review, the bank will inform the applicant of the reasons for being unqualified;

3. After receiving the application materials submitted by the financial institution, the Provident Fund Management Office will review the application materials of the applicants who have passed the initial review. Review the loan qualifications, loan credit limit, and term. If the application is approved after review by the Provident Fund Management Office, the Provident Fund Management Office will authorize a commercial financial institution to lend money to the applicant. After the applicant obtains the loan property, he or she can repay the loan on time and deduct fees in accordance with regulations.

The difference between provident fund loans and commercial loans

1. Different interest rates;

2. Different amounts: The amount of provident fund loans is affected by the individual’s provident fund payment period and balance In addition, the policy also stipulates the maximum loan amount of provident fund, and the loan amount of commercial loan is higher than the loan amount of provident fund;

3. Different conditions: the requirement of commercial loan is that there is no bad credit record If you have the ability to repay, you can use commercial loans as long as you are buying a house. To use a provident fund loan, it is also required that the individual's credit is good. In addition, the individual's provident fund account must be paid continuously and in full for six months before the loan. Provident fund loans are only available to families purchasing ordinary residences. In addition, if an individual fails to repay the provident fund loan, he or she can no longer use the provident fund loan. If the commercial loan has not been repaid, in addition to the purchase and loan restrictions, you can also use a commercial loan to buy a house.

This article mainly writes about knowledge points related to Shanghai provident fund loan quota in 2022, and the content is for reference only.

3. What is the provident fund loan limit in Shanghai?

Policy: To purchase the first self-occupied house, the maximum loan limit for individuals is adjusted from 300,000 yuan to 500,000 yuan, and the maximum loan limit for families is adjusted from 300,000 yuan to 500,000 yuan. 600,000 yuan is adjusted to 1 million yuan; for those who pay supplementary provident fund, the maximum loan limit for individuals is increased by 100,000 yuan on the basis of 500,000 yuan, and the maximum loan limit for families is increased by 200,000 yuan on the basis of 1 million yuan. The purchase of an improved second ordinary commercial house shall be carried out in accordance with the policy for purchasing the first house. When purchasing an improved second non-ordinary commercial house, the maximum provident fund loan limit will be adjusted accordingly. After the adjustment, the maximum loan limit per household is 1.2 million yuan. Compared with the original maximum loan limit of 800,000 yuan, an additional provident fund loan of 400,000 yuan can be borrowed. Originally, the 400,000 yuan needed to be borrowed with commercial loans, at the base interest rate. , calculated in equal amounts of principal and interest, 400,000 yuan is changed from a commercial loan to a provident fund loan. If the repayment period is 20 years, the monthly repayment amount will be reduced by 418.78 yuan. If calculated based on 30 years, the monthly repayment amount will be reduced by 462.89 yuan, which is greatly Saves homebuyers’ costs.

4. What is the credit loan limit of Shanghai Provident Fund?

The first house is 600,000 yuan, and the second improved house is 500,000 yuan. If the household is purchasing, multiply by 2.