You have provident fund, social security, online loan of 20,000 yuan, and credit card 10 million. Why do you need a loan to buy a house? These words mean that your credit assets can be mortgaged, which represents your trust, so it is not allowed. You can use your provident fund and social security loans, but the amount of online loans and credit cards cannot be used for loans.
What are the conditions for buying a house with a provident fund loan?
Provident fund loans need to be at least 18 years old to buy a house. At the same time, they also need to have a record of participating in local social security. The exact time varies from city to city.
1. What are the requirements for housing provident fund housing loans?
1, age 18, with full capacity for civil conduct.
2 to participate in the housing provident fund system and pay the housing provident fund in full and on time for more than six months (inclusive) of urban workers. The housing provident fund account in the month of application is also in a normal deposit state.
3. Have permanent residence or valid residence status in the local area.
4. You have never had a housing provident fund loan in your name or the loan has been settled (if you have applied for a housing provident fund loan twice, you can't apply for a housing provident fund loan no matter whether the loan is paid off or not).
5. Have a stable and legal income source, have the ability to repay the loan principal and interest on schedule, and provide at least twice the mortgage repayment every month.
6. Self-raised funds not less than 30% of the total price of the house purchased shall be used as the down payment for the house purchase.
7. Personal credit is good, and there are no bad records or serious negative information in the credit report (mainly reviewing the credit information of customers in the past two years)
How long can the social security provident fund loan be paid?
Generally speaking, if you want to apply for a provident fund loan, you need to pay the provident fund continuously for at least six months, which is only the minimum requirement.
First of all, different places may have different regulations. For example, it may take more than 12 months to apply for provident fund loans in some places.
Secondly, some places need to use provident fund loans to buy a house, which requires not only the payment time of provident fund, but also the payment time of social security. For example, buying a house in some places may require paying 1-2 years of social security. Provident funds are generally paid together with social security, so social security needs to be paid as long as possible.
Thirdly, if you want to apply for a provident fund loan, it depends not only on whether the payment time meets the requirements, but also on whether the amount paid is sufficient. Because you want to apply for a provident fund loan, the loan amount you can apply for usually has a lot to do with the deposit amount. If the deposit amount is too small, there is not much money to borrow, which does not make much sense.
Although many people have enough time to pay provident fund, they finally give up using provident fund loans. The main reason is that the amount of provident fund deposit is too small, and the amount of provident fund loans they can apply for is too far from the amount they want to apply for. Then, how much provident fund do you need to pay to apply for provident fund loans?
How much does it cost to apply for a provident fund loan?
There is no specific requirement on how much the provident fund needs to deposit before applying for a loan. Usually, the more deposits, the more loans you can apply for.
However, there is an upper limit on the amount of provident fund loans in various places. Even if you pay more provident fund, the loan amount cannot exceed this upper limit.
From the perspective of maximizing benefits, it is definitely the best to use up all the amount of provident fund loans. Then, if you want to use up the provident fund loan amount, how much provident fund do you need to pay? This is different from the limit and calculation method of provident fund loans in every place.
Take Changsha as an example, for example, the loanable amount of provident fund loans = (monthly contribution of provident fund × 12× future personal account balance of provident fund )× 2, and the upper limit of personal provident fund loans is 600,000.
It can be seen from the calculation formula of the amount of provident fund loans in this city that the number of times a person can apply for provident fund loans is not only related to the deposit amount, but also related to the monthly deposit amount and the number of years that can be deposited.
If the monthly deposit is 1 000 yuan and the deposit period is 20 years, you need to deposit 60,000 yuan before you can apply for a provident fund loan of 600,000 yuan. If you want to deposit 60,000 yuan cumulatively, then deposit 1 0,000 yuan every month, which is 5 years.
It can be seen that although the provident fund can apply for provident fund loans in the shortest six months according to the regulations, I really want to use provident fund loans to buy a house, and the payment time may be much longer.
How long does it take to pay the housing provident fund when buying a house with a loan?
Housing accumulation fund is an important housing security system, which provides employees with preferential housing purchase and accumulates housing funds. Generally speaking, you need to participate in social security and pay the provident fund for more than 6 months before you can start applying for housing provident fund loans to buy a house. This is also one of the most basic conditions for banks or mortgage intermediaries to handle housing loans. However, the specific application conditions and loan amount need to be carefully understood and verified according to local policies and the management regulations of the provident fund bureau. In addition, personal credit records, income and liabilities will also affect the application and approval of loans. Therefore, it is best to make full preparations before buying a house, make clear your economic situation and loan demand, and avoid blind lending and debt risks.
The introduction of provident fund social security loans to buy a house and provident fund social security loans is over. I wonder if you have found the information you need?