In China, housing accumulation fund has become an important tool for many families to buy houses. In the magic capital of Shanghai, many people pay special attention to the loan period of provident fund to plan their own loan plans. Today, I would like to introduce the loan life of Shanghai Provident Fund for your reference.
Judging from the regulations published by Shanghai Provident Fund Management Center, the term of new house loan is relatively fixed, while the term of second-hand house loan is more complicated. Details are as follows:
1. The maximum term of provident fund loan for purchasing new houses shall not exceed 30 years.
2, the purchase of second-hand housing is divided into three situations:
(1) If the age of the second-hand house is less than 5 years, the longest loan period of the provident fund shall not exceed 30 years;
(2) The age of the second-hand house is between 6- 19, and the loan period of the provident fund does not exceed the difference between 35 years and the age of the house;
(3) The age of the second-hand house is equal to or more than 20 years, and the longest provident fund loan shall not exceed 15 years.
In addition, it should be noted that regardless of the purchase of new commercial housing or second-hand housing, the term of provident fund loans cannot exceed 5 years after the borrower's statutory retirement age.
The above is the stipulation of Shanghai Provident Fund Management Center on the loan term. You can simply estimate how many years you can apply for a loan according to your actual situation.
202 1 How long is the cycle from mortgage to loan of Shanghai housing provident fund?
It can be completed in about 7 working days. For many people, these two years are undoubtedly very helpless and painful, because of the impact of the COVID-19 epidemic, many uncontrollable phenomena have appeared frequently. Recently, the news about how long the cycle of 202 1 Shanghai Housing Provident Fund from mortgage to loan has attracted the attention of many friends and even surprised many people. After learning this news, many small partners have speculated. Besides the above explanation, are there any other explanations?
Special period
As a professional, I can answer your question very clearly. In fact, most banks will issue provident fund loans after the borrower's application for provident fund loans is approved, and both parties successfully transfer their ownership and obtain new property rights certificates issued by the trading center. Because there are many approval processes, the period from approval to lending of provident fund loans is generally between 1-3 months, and there is a special period, which will take you longer.
Seven days is a process.
Under normal circumstances, it takes about 7 days to get a provident fund loan. If there is no problem with the quick review of the materials, it will be a complete process in about two days, because when the materials are submitted, they need to be approved in the early stage, but the provident fund guarantee company will have to wait 20 days to issue a new real estate license. General personal loans can only be around 300,000. If there is a supplementary provident fund, it can increase by about 654.38+10,000 yuan.
Laws and regulations vary from place to place.
In addition, some local laws and regulations require the issuance of provident fund loans after the completion of the main project of commercial housing, which leads to a long loan cycle of provident fund loans, so many developers will require buyers to choose commercial loans. However, after the establishment of the municipal provident fund management center in some areas, the loan cycle of the city's provident fund has been greatly shortened. For example, Guangzhou, Shanghai and other provinces and cities have basically realized the rapid issuance of provident fund loans, and the approved provident fund loans can be issued normally within 7~ 15 days.
The above questions are my personal thoughts. If you have other ideas, you can comment or discuss them below.
How long can Shanghai provident fund loans be released?
The time should be decided according to the actual situation. Generally, the loan time of Shanghai provident fund is about 15 working days, but the specific loan time is uncertain. It should be decided according to the adequacy of the quota of the local provident fund center, the progress of the relevant procedures and the completeness of the applicant's materials. Don't worry.
Provident fund loans refer to loans enjoyed by employees who pay housing provident fund. According to national regulations, all employees who have paid housing provident fund can apply for individual housing provident fund loans according to the relevant provisions of provident fund loans.
20 12 some cities relaxed the conditions of provident fund loans, among which the upper limit of housing provident fund loans in 9 counties of Linyi City, Shandong Province was raised from 200,000 yuan to 300,000 yuan from June 1.
20 14, 10 In June, the Ministry of Housing and Urban-Rural Development, the Ministry of Finance and the People's Bank of China issued a document, including relaxing the conditions of provident fund loans, promoting loans in different places, reducing intermediate costs, canceling the housing provident fund personal housing loan insurance, notarization, new house evaluation and compulsory institutional guarantee, and reducing the burden on loan workers. Among them, employees who have paid for 6 months can apply for provident fund loans (currently 12 months).
On August 17 and 15, the Ministry of Housing and Urban-Rural Development jointly issued a notice saying that the down payment for purchasing a second home with provident fund loans will be cancelled by 20% from September 15 and 1 day.
Provident fund loans refer to individual housing provident fund loans, which are issued by local housing provident fund management centers. With the housing provident fund paid by employees who apply for provident fund loans, commercial banks are entrusted to provide mortgage loans to housing provident fund depositors who purchase, build, renovate or overhaul their own houses and retired employees who pay housing provident fund during their working life. According to the regulations, employees who have paid housing provident fund for a certain number of years or more (the number of years varies from city to city, such as 12 months or more in Changsha) can apply for provident fund loans when the funds for purchasing, building, renovating or overhauling their own houses are insufficient.
The loan conditions are: the employees of the unit have signed labor contracts for more than three years (or signed 1 year labor contracts for three consecutive years); Normal continuous monthly housing provident fund deposit exceeds a certain period; Not exceeding the statutory retirement age; The borrower has a stable economic income and the ability to repay the principal and interest; The borrower agrees to handle the mortgage registration and insurance; Provide the guarantee method agreed by the local housing provident fund management center and its sub-centers; At the same time, submit relevant documents required by the bank, such as house purchase contract or house pre-sale contract, real estate license, land use certificate, deposit certificate of provident fund, etc.
The introduction of Shanghai provident fund loan cycle ends here.