Guangzhou Housing Provident Fund Management Center posted a notice in official website, saying that Guangzhou will implement the new "Measures" with a validity period of five years after being reviewed and approved by the Guangzhou Housing Provident Fund Management Committee and reported to the Guangzhou Municipal People's Government for approval.
The "Measures" clearly stipulate that the provident fund can only be loaned twice. Compared with the "only once" in the opinion draft, it is relatively loose. The number of family purchases is still "approved" and "approved", and the third suite is suspended.
You can apply for a loan if you deposit it continuously for more than 6 months.
The "Measures" stipulate that employees who deposit provident fund in Guangzhou and cities that have signed mutual loan cooperation agreements can apply for loans from Guangzhou Provident Fund Center. It is reported that the housing provident fund management centers in Guangzhou, Foshan, Zhuhai, Huizhou, Jiangmen, Zhongshan, Dongguan and Zhaoqing have signed cooperation agreements with each other to realize mutual loan of housing provident funds in eight cities in the Pearl River Delta. In addition, starting from last year, Guangzhou Provident Fund Center began to implement the housing provident fund off-site personal housing loan policy. Guangzhou registered employees who have paid provident fund in other places can buy their own houses in Guangzhou or apply for loans from Guangzhou Provident Fund Center.
Loans are only allowed twice, and villas are not allowed to lend.
Ordinary provident fund loans, off-site loans and discount loans are not applicable to loans. This includes:
1. The building structure is brick-wood structure and mixed structure;
2. For non-residential and low-density commercial housing;
3. Used two housing provident fund loans.
Among them, according to the current understanding in the industry, low-density commercial housing is "a house with high greening rate and low floor area ratio", including independent villas, multi-storey houses and derivative properties, which shows that provident fund loans are still mainly to support the purchase of ordinary self-occupied commercial housing.
Article 3 makes it clear that employees can only apply for provident fund loans twice, compared with the previous draft, which was hailed as "the strictest in history". It has been relaxed, which is also in line with the spirit of "suspending the issuance of the third home loan", but the second provident fund loan can only be applied after the first loan is settled.
The outstanding repayment of the sixth installment will be restricted.
Restricted loans also apply to ordinary provident fund loans, off-site loans and discount loans, including the following three situations:
1. If employees withdraw the balance stored in the housing provident fund account by deception, they can apply for a housing provident fund loan only after the full refund is 5 years;
2. For employees who provide false information to defraud housing provident fund loans, the provident fund center will keep bad credit records for 5 years, during which the application for housing provident fund loans will not be accepted;
3. According to the credit records of the People's Bank of China, the housing loans overdue has been in phase 6 or above, and it will take five years for the loan to be settled before applying for the housing provident fund loan.
The upper limit of single-person loan is 600,000 yuan, and double-person loan is 6,543,800 yuan+0,000 yuan.
In terms of loanable amount, the calculation formula of the loan amount paid by individual housing provident fund is: account balance ×8+ monthly deposit × months from retirement age. 1 person applies for individual housing provident fund loan with a maximum amount of 600,000 yuan. Two or more people purchase the same set of self-occupied housing and apply for provident fund loans. The loan amount is the sum of the loan amount of each applicant, and the maximum amount is 6,543,800 yuan.
The down payment of pure provident fund loans can be as low as 20%
Apply for personal housing provident fund loans to purchase the first set of ordinary self-occupied households (including borrowers, spouses and minor children, the same below), the minimum down payment ratio is 20%, and the loan interest rate is the benchmark interest rate for personal housing provident fund loans;
For paid workers' families who own a house but have no loan record or own a house and settle the corresponding housing loan, apply for personal housing provident fund loan to buy ordinary self-occupied houses, with the minimum down payment ratio of 30% and the loan interest rate of 1. 1 times the benchmark interest rate of personal housing provident fund loan;
For families who own a set of housing but have not settled the corresponding housing loans, apply for personal housing provident fund loans to buy ordinary self-occupied housing. The minimum down payment ratio of the loan is 40%, and the loan interest rate is 1. 1 times the benchmark interest rate of the individual housing provident fund loan. However, it should be noted here that if employees apply for a portfolio loan of the same property, the down payment ratio needs to meet the requirements of both commercial loans and personal housing provident fund loans. At present, banks in Guangzhou generally stipulate a minimum down payment of 30% for the first suite and 70% for the second suite, so unless it is a pure provident fund loan, it is difficult to enjoy a low down payment.
Homestead and collective property houses are also "counted"
Families (including spouses and minor children, the same below) still implement the standards of "recognizing the house" and "recognizing the loan" after buying a house. "Recognition of the house" shall be based on the "Certificate of Real Estate Registration under Personal Name" found in the archives of the Housing Authority. The "loan identification" is based on the "personal credit report" found by the credit information system of the People's Bank of China.
It should be noted that all residential houses, including commercial housing, affordable housing, price-limited housing, homestead, collective land ownership housing, etc. As long as the marked purpose is "residence" or "residence", it is included in the calculation range of family housing units. The sum of the loan period and the building age shall not exceed 40 years.
The term of the provident fund loan shall meet the following requirements: the term of the first-hand building loan shall not exceed 30 years, the term of the second-hand building loan shall not exceed 20 years, and the sum of the loan term and the building age shall not exceed 40 years.
The sum of the borrower's age and loan term shall not exceed 5 years after retirement age. The retirement age is generally calculated as 60 for men and 55 for women.
You can apply for a discount loan from the provident fund center.
Guangzhou Provident Fund Center began to implement the housing provident fund discount loan policy. The discount target is the newly purchased owner-occupied housing in Guangzhou by employees who have paid Guangzhou provident fund, and the borrower meets the conditions of provident fund loan and commercial mortgage by the entrusted bank.
The discount on provident fund loans follows the principle of "pay first and then post", that is, the borrower borrows from the bank first and repays the loan principal and interest at the commercial mortgage interest rate, and the discount is transferred to the borrower's repayment account by the provident fund center in the repayment month. The part where the commercial loan interest rate exceeds the national benchmark loan interest rate will not be discounted.
At present, there are three banks that can accept this business: China Construction Bank, China Bank Guangdong Branch and Guangzhou Rural Commercial Bank.