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. 1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans.
2. To participate in the housing provident fund system, if you want to apply for a housing provident fund personal purchase loan, you must also meet the following conditions: that is, the housing provident fund has been continuously paid for at least 6 months before applying for the loan. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing loans.
3. One of the husband and wife has applied for a housing provident fund loan, and neither of them can get a housing provident fund loan until the principal and interest of the loan are paid off. Because the housing provident fund loan is a kind of financial support to meet the basic housing needs of workers' families, it is also a kind of financial support for housing security.
4. When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is risky to lend to housing provident fund, which violates the principle of safe operation of housing provident fund.
5. The term of the provident fund loan shall not exceed 30 years. For portfolio loans, the loan conditions of provident fund loans and commercial housing loans must be the same.
Most cities have customized the relevant conditions of housing provident fund loans, such as:
Chengdu loan conditions: 1, employees with permanent residence or valid residence identification in the local administrative area; 2. At the time of application, the housing provident fund has been normally paid for more than one year, and the provident fund has not been withdrawn to pay the down payment for the house purchase, and there is no balance of the provident fund loan; 3. There is a contract or agreement for the purchase of housing, and the down payment amount is not less than 30% of the value of the purchased housing; 4. Have a relatively stable professional and economic income, have the corresponding loan repayment ability, and have good personal credit; 5. Take the assets recognized by the provident fund center as collateral or pledge, or take a unit with sufficient compensatory capacity as guarantor; 6, other conditions stipulated by the provident fund center.
Loan conditions in Beijing: Applicants who apply for housing provident fund loans from Beijing Housing Provident Fund Management Center must meet one of the following two conditions:1; The borrower must establish a housing provident fund account 12 months or more, and pay the housing provident fund 12 months or more in full (including continuous monthly payment, early withdrawal and early repayment). With the approval of the center, the employees of the units in deferred payment status can apply for loans under the condition that they have established the housing provident fund account 12 months or more and paid the housing provident fund in full 12 months or more. 2. The loan applicant is a retired employee who has paid the housing provident fund during his employment. Meet one of the above conditions, you are eligible to apply for a "housing provident fund loan". Loan applicants who purchase policy-oriented housing are not subject to the time limit for the deposit of Beijing housing provident fund. The loan applicant can only apply for a housing provident fund loan if he meets the conditions of establishing a housing provident fund account and being in the state of deposit. Most cities have stipulated the maximum amount of a single housing provident fund loan. For example, the maximum amount of a single housing provident fund loan in Chengdu is 600,000 yuan; The maximum amount of Guangzhou housing provident fund loans is 500,000 yuan for individuals and 800,000 yuan for two or more applicants.
Secondly, the maximum loan amount of housing provident fund does not exceed 70% of the total purchase price;
When applying for provident fund loan, the monthly repayment amount/monthly income should not exceed 50% (including the sum of the monthly repayment amount of existing liabilities and current liabilities). The loan period of housing provident fund is 1-30 years, and the longest period shall not exceed the time when the borrower is away from the statutory retirement age; On the basis of considering their repayment ability, employees approaching retirement age can appropriately relax the loan period 1-3 years. (1) The interest rate conversion formula for RMB business is (note: common for deposits and loans):
1. daily interest rate (0/000)= annual interest rate (%)÷360= monthly interest rate (‰)÷30.
2. Monthly interest rate (‰) = annual interest rate (%)÷ 12
(two) banks can use the product interest method and the transaction interest method to calculate interest.
1. Accumulate the account balance daily according to the actual number of days, and multiply the accumulated product by the daily interest rate to calculate the interest. The interest-bearing formula is:
Interest = cumulative interest-bearing product × daily interest rate, where cumulative interest-bearing product = total daily balance.
2. Transaction-by-transaction interest calculation method calculates interest one by one according to the preset interest calculation formula: interest = principal × interest rate × loan term, with three details:
If the interest-bearing period is a whole year (month), the interest-bearing formula is:
① Interest = principal × year (month )× year (month) interest rate
If the interest-bearing period is a whole year (month) and days, the interest-bearing formula is:
② Interest = principal × annual (monthly) × annual (monthly) interest rate+principal × odd days × daily interest rate.
At the same time, banks can choose to convert all interest-bearing periods into actual days to calculate interest, that is, 365 days per year (366 days in leap years), and each month is the actual number of days in the Gregorian calendar of the current month. The interest-bearing formula is as follows:
③ Interest = principal × actual days × daily interest rate
These three formulas are essentially the same, but because the interest rate conversion is only 360 days a year, when calculating the actual daily interest rate, it will be calculated as 365 days a year, and the result will be slightly biased. Which formula is used specifically, the central bank gives financial institutions the right to choose independently. Therefore, the parties and financial institutions can agree on this in the contract.
(3) Compound interest: Compound interest means adding interest at a certain interest rate. According to the regulations of the central bank, if the borrower fails to repay the interest at the time agreed in the contract, it will be charged with compound interest.
(4) Penalty interest: If the lender fails to repay the bank loan within the prescribed time limit, the penalty interest paid by the bank to the defaulter according to the contract signed with the parties is called bank penalty interest.
(V) loans overdue liquidated damages: penalties for the defaulting party with the same nature as penalty interest.
(six) the formulation and filing of interest calculation methods
The interest-bearing settlement rules and methods for deposit and loan business formulated by national commercial banks as legal persons shall be reported to the head office of the People's Bank of China for the record, and the customers shall be informed; Regional commercial banks and urban credit cooperatives should be reported to the branches of the People's Bank of China and the central branch of the provincial capital for the record, and inform customers; County rural credit cooperatives as legal persons may, according to the actual situation of the county rural credit cooperatives, formulate the rules for interest calculation and settlement and the interest-bearing measures for deposit and loan business, and report them to the branch of the People's Bank of China and the central branch of the provincial capital for the record, and the rural credit cooperatives as legal persons shall notify the customers.
(7) Reference basis:
1. Provisions on the Administration of RMB Interest Rate (Yinfa 199977).
2. Notice of the People's Bank of China on issues related to the interest rate of RMB loans. 200325 1).
3. Notice of the People's Bank of China on Interest Calculation and Settlement of RMB Deposits and Loans (Yinfa [2004]10/No.. 2005 129).
20 13 housing provident fund loan interest rate table provident fund loan interest rate 20 15 adjusted interest rate before project adjustment Individual housing provident fund deposit was paid 0.50 in the current year, and was carried forward from the previous year to 0.40 2.85 2.85 individual housing provident fund loans for less than five years (including five years) 4.20 individual housing provident fund loans for more than five years 4.25 4.00 pilot project loans rose according to the interest rate of individual housing provident fund loans for more than five years/kloc-0.
The loan applicant goes to the loan handling department or calls the loan handling department to consult the housing provident fund loan and prepare the relevant materials for the housing provident fund loan.
II. Preliminary review and evaluation
The loan applicant should go to the loan handling department for preliminary examination and relevant evaluation.
1. The loan applicant shall go to the loan handling department to conduct the preliminary examination of the provident fund loan with the materials required for the housing provident fund loan application.
2 in accordance with the provisions of the need for personal credit assessment of the loan applicant, the loan applicant shall sign the "credit assessment authorization" under the supervision of the staff of the loan handling department.
3. The staff of the loan processing department prints the relevant documents and tells the loan applicant how to go through the next procedure.
4. If the house purchased by the loan applicant needs to be assessed according to the regulations, the staff of the loan handling department will also issue a notice of collateral assessment to the loan applicant, and the loan applicant or entrusted agent will apply for collateral assessment at the assessment agency designated by the Beijing Housing Provident Fund Management Center.
Three, the loan applicant waiting for telephone notification.
1. The staff of the loan handling department will review the loan according to the materials required by the loan applicant and the evaluation results of relevant institutions. If it is necessary to communicate with the loan applicant by telephone, the staff will verify and confirm with the loan applicant by telephone through the contact information provided by the loan applicant.
2. If the guarantee method chosen by the loan applicant is the guarantee center, after the guarantee is approved, the staff of the guarantee center will inform the loan applicant of the time to sign the loan-related contract, the materials to be carried and the guarantee service fee to be paid; If the loan applicant chooses the non-guarantee center as the guarantee method, after completing the relevant procedures according to different guarantee methods, the staff of the loan handling department will inform the loan applicant of the time and required materials for signing the loan-related contract.
Four. The loan applicant signs the relevant contract.
1. According to the interview time notified by telephone, the loan applicant will go to the loan handling department to go through the signing formalities with the materials needed for the housing provident fund loan interview. For loan applicants who need to pay assessment fees and guarantee fees, they should first pay at the designated counter and receive invoices.
2. The loan applicant and * * * and the applicant, the mortgagor and the pledger complete the signing procedures of the Loan Contract and other relevant contract documents under the guidance of the staff of the loan handling department.
Verb (abbreviation for verb) bank loan
After the bank lends money, the loan applicant goes to the bank to collect the relevant contract documents of the borrower.
VI. Monthly repayment
The loan applicant shall repay the loan on a monthly basis in accordance with the provisions of the loan contract.
A week after the announcement of the "National Five Articles" Beijing Rules, the new policy of Beijing provident fund loans and the mortgage policy of Beijing Commercial Bank also landed.
On April 8, 20 13, the Beijing Housing Provident Fund Management Center and the business management department of the central bank issued notices respectively, and the down payment ratio was increased from 60% to 70% when buyers used provident fund loans or Beijing Commercial Bank applied for second-home loans.
From April 8, 2065438 to April 8, 2003, the purchase of houses through online signing was implemented in accordance with the new policy. According to the loan contract signed by the loan bank and the borrower, the borrower should repay the loan on a monthly basis in the month after the loan is issued. There are two specific ways, which are chosen by the borrower:
1, 1-20 repay the loan principal and interest in cash to the loan bank every month;
2. Entrust the loan bank to withhold and remit. The borrower and the loan bank sign a withholding repayment agreement and apply for a personal repayment savings card. The borrower can deposit the repayment amount for several months at one time, or deposit all the repayment amount in a nearby bank savings office before the 20th of each month, and the bank will directly deduct the loan principal and interest to be repaid from the borrower's savings account.
The borrower can repay all the loan principal and interest in advance, or repay part of the loan principal in advance.
1. Repay all the loan principal and interest in advance, and the lending bank will re-approve the remaining loan principal and interest of the borrower according to the actual days of loan occupation.
2. Repay part of the loan principal and interest in advance, and the loan bank recalculates the borrower's monthly repayment amount or loan term according to the remaining loan principal. The information to be provided includes the second-generation ID card, household registration book, marriage certificate, bank account, sales contract, income certificate, etc. If the transaction property is in Panyu District, additional bank flow is needed; Foreign household registration must provide tax payment certificate or social security certificate for more than one year; If there is repayment, it is necessary to provide proof of unit repayment, which needs to be approved by the provident fund center.
Can I entrust others to do it?
Of course. However, you need to go to the notary office to handle the notarization entrustment procedures (at your own expense). Notarization includes but is not limited to: loan application, guarantee application, signing loan contract, signing guarantee contract, etc.
Which districts can be handled?
At present, the service scope of applying for provident fund loans through the guarantee center has not been extended to the whole city, and it is limited to the provident fund loans in the six districts of the center (Tianhe, Yuexiu, Haizhu, Liwan, Baiyun and Huangpu), Panyu District and Luogang District.
How many loan banks are there?
At present, the lending banks are ICBC, BOC and China CITIC Bank. The number of cooperative banks will gradually increase, and it is expected that all provident fund loan handling banks will open in the next year.
What are the requirements for transaction transfer?
According to the loan policy of the Provident Fund Center, no transfer transaction (including paying taxes in advance) is allowed before the loan is approved. For the houses in Haizhu District, Liwan District, Yuexiu District, Tianhe District, Baiyun District, Huangpu District and Luogang District, it is also required to handle the transaction transfer and mortgage registration at the same time. For the business of transaction transfer and mortgage registration at the same time, citizens need to call the guarantee center to make an appointment three working days in advance.
How to get the real estate license?
For the provident fund loan guaranteed by the guarantee center, the borrower does not need to go to the Housing Authority to get the real estate license, and the guarantee center will get the real estate license on his behalf. After that, the property owner himself took the original ID card to the guarantee center to collect it. If there are two or more property owners, all property owners need to bring their ID cards to the guarantee center to collect them. If you are not present at the same time, you can collect them separately. (1) Convenience is similar to processing time.
(2) Commercial loans generally have no loan ceiling or a high ceiling. Borrowers can directly apply for a relatively high loan amount. There is an upper limit on housing provident fund loans, but the demand for high-amount loans can be solved by portfolio loans.
(3) Commercial loans have a wide range of loan targets, and housing provident fund loans are generally depositors of housing provident fund.