1. Can the provident fund in Changsha be used for house loans?

It cannot be used for house loans

Conditions for provident fund loans:

On-the-job employees who have full capacity for civil conduct and have paid the housing provident fund in full;

Continuously paying the housing provident fund normally for more than six months;

Purchasing or building self-contained housing within the administrative area Live in the house and have paid off the regulations

Have good personal credit, have stable economic income and repay the loan principal

Agree to use the house purchased and built as collateral for the loan, or provide Guaranteed by a guarantee method approved by the Management Center.

Process for provident fund loans:

Proof of housing provident fund payment for the applicant and his/her spouse;

Proof of identity of the applicant and his or her spouse (referring to resident ID card, permanent residence registration book and other valid residence documents), documents proving marital status;

Proof of stable family income and other proofs of claims and debts that have an impact on repayment ability;

House purchase contract, Agreement and other valid supporting documents;

The mortgage used for security, list of pledges, certificate of ownership, and proof of the consent of the person with the right to dispose of the mortgage and property valuation;

Public security and payment of guarantee Fees are determined by a three-party contract signed by the borrower, lender and third-party guarantor***.

2. Can the provident fund in Changsha City be used for house loans?

It cannot be used for house loans, but can be used for ordinary residences.

Conditions for provident fund loans:

1. Active employees with full civil capacity and full payment of housing provident fund;

2. Continuous and normal payment of housing provident fund For more than six months;

3. Purchase and build a self-occupied house within the administrative area, and have paid off the purchase price of more than the prescribed down payment ratio;

4. Have good personal credit, Have stable economic income and the ability to repay the principal and interest of the loan;

5. Agree to use the house purchased and built as collateral for the loan, or provide a guarantee approved by the management center.

Process for provident fund loan application:

1. Proof of housing provident fund payment of the applicant and spouse;

2. Proof of identity of the applicant and spouse (referring to resident status certificate, permanent residence booklet and other valid residence documents), documents proving marriage status;

3. Proof of stable economic income of the family and other proofs of claims and debts that have an impact on repayment ability;

4. Valid supporting documents such as contracts and agreements for purchasing a house;

5. Collateral used for security, list of pledges, certificate of ownership, and proof of the consent of the person with the right to dispose of the mortgage or pledge, relevant Collateral valuation certificate issued by the department;

6. The Provident Fund Center requires a third-party guarantor to provide guarantee and pay the guarantee fee. The borrower, lender and third-party guarantor must sign a three-party agreement. contract.

3. Changsha provident fund loan rules?

On January 25, the Changsha Housing Provident Fund Management Center announced the personal loan multiples of Changsha City in 2020, giving a clear explanation of the "personal loan ratio" of Changsha City's housing provident fund at the end of 2020.

The new policy will come into effect on February 1. If the loan information has been entered before the implementation, the original policy provisions will be followed.

According to the latest policy, if a couple has a housing provident fund account balance of 40,000 yuan and meets other conditions, they can get a maximum loan of 600,000 yuan.

Xiaotang returned to Changsha from Shenzhen to develop in 2015. Through his efforts in the past few years, he not only saved enough for the down payment of a house, but also obtained the qualifications to buy a house in Changsha. During this time, he has been looking at Housing, he was also particularly happy when he heard that the new provident fund policy was introduced.

“I did some calculations myself. For a house I’m interested in, I can save 200,000 yuan less on a provident fund loan than on a commercial loan. This is still a big deal for me. "Money," Xiaotang said. He had also thought about commercial loans before, but considering that provident fund loans have considerable advantages in loan interest rates, loan ratios, etc., and in the past few years since he returned to Changsha, the balance of his provident fund account has exceeded 40,000 yuan, which meets the conditions for a maximum loan of 600,000 yuan, so using the provident fund loan also relieves a lot of pressure on myself.

It is understood that at the end of 2019, the Changsha Housing Provident Fund individual loan rate was 94.66%, and the employee loan limit is calculated as 13 times the sum of the housing provident fund account balances paid by the borrower and his wife at the Changsha Housing Provident Fund Management Center ; At the end of 2020, the "individual loan rate" of Changsha Housing Provident Fund was 83.9%, ranging from 80% to 85%. The loan limit for employees is based on the sum of the housing provident fund account balances paid by the borrower and his wife at the Changsha Housing Provident Fund Management Center 15 times calculation.

4. Can the provident fund in Changsha City be used for house loans?

No, only ordinary houses can be used.

Provident fund loan conditions:

1. Employees who have full capacity for civil conduct and have paid housing provident fund in full;

2. Continuous and normal payment of housing provident fund More than 12 months;

3. Purchase and build a self-occupied house within the administrative area, and have paid off the purchase price of more than the prescribed down payment ratio;

4. Good personal credit , have stable economic income and the ability to repay the principal and interest of the loan;

5. Agree to use the purchased house as collateral for the loan, or provide a guarantee recognized by the management center.

Process of provident fund loan:

1. To apply for a housing provident fund loan, the lender must submit a written application to the bank, fill in the housing provident fund loan application form and truthfully provide the following information:

(1) Proof of housing provident fund payment of the applicant and spouse;

(2) Identity certificate of the applicant and spouse (referring to resident ID card, permanent residence booklet and other valid residence documents), marital status Supporting documents;

(3) Proof of stable family economic income and other proofs of claims and debts that have an impact on repayment ability;

(4) Valid proof of housing purchase contracts, agreements, etc. Documents;

(5) Collateral used for security, list of pledges, certificate of ownership, proof of the consent of the person with the right to dispose of the mortgage or pledge, and valuation certificate of the collateral issued by the relevant department;

(6) The Provident Fund Center requires a third-party guarantor to provide guarantee and pay the guarantee fee, and the borrower, lender and third-party guarantor must sign a three-party contract.

(7) Other information required by the Provident Fund Center.

2. For loan applications with complete information, the bank will promptly accept and review them and submit them to the Provident Fund Center in a timely manner.

3. The Provident Fund Center is responsible for approving loans and notifying the bank of the approval results in a timely manner.

4. The bank will notify the applicant to handle the loan procedures based on the approval results of the Provident Fund Center. The borrower and his wife will sign a loan contract and related contracts or agreements with the bank, and submit the loan contract and other procedures to the Provident Fund Center for review. , the provident fund center will allocate the entrusted loan fund after approval, and the entrusted bank will disburse the loan in full and on time according to the loan contract.

5. If the guarantee is in the form of a housing mortgage, the borrower must go to the housing property rights management department in the area where the house is located to handle the real estate mortgage registration procedures. If the mortgage contract or agreement is signed by both husband and wife, and the mortgage is pledged with securities, The borrower will hand over the securities to the management department or alliance center for safekeeping.