Loan term: 1, with the longest loan term of 30 years;
2. When buying a second-hand house that has not been built for more than 20 years, the longest loan period is 20 years, and when buying a second-hand house that has been built for more than 20 years. Maximum loan term 15 years;
3. The loan term can cover 5 years after the statutory retirement age of the borrower.
Legal basis: Regulations on the Management of Housing Provident Fund in Henan Province
Thirty-second workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.
The housing provident fund management center shall, according to the relevant provisions of the People's Bank of China on individual housing loans, make a decision on whether to grant loans within ten working days from the date of accepting the application. If the loan is granted, the entrusted bank shall handle the loan formalities; If the loan is not approved, notify the applicant in writing and explain the reasons. The risk of housing provident fund loans shall be borne by the housing provident fund management center.
Thirty-third employees who have paid housing provident fund to apply for housing provident fund loans shall sign loan contracts with the entrusted banks and provide guarantees.