What is the maximum amount of Shanghai provident fund loan?
According to the Notice of Shanghai Provident Fund Management Center on Adjusting the Upper Limit of Housing Provident Fund Loan and the Term of Second-hand Housing Loan (Shanghai Provident Fund Management Committee [2015] No.2), the upper limit of Shanghai Provident Fund loan is as follows:
1 The maximum loan amount for the first suite is 500,000 yuan for individuals and 0/10,000 yuan for families; If the supplementary provident fund is paid, the maximum personal loan amount will be increased by 6,543,800 yuan on the basis of 500,000 yuan, and the maximum family loan amount will be increased by 200,000 yuan on the basis of 6,543,800 yuan.
Purchase an improved second ordinary commercial house. Refer to the policy of purchasing the first home.
3. Purchase an improved second set of non-ordinary commercial housing. The maximum personal loan amount is 400,000 yuan, and the maximum family loan amount is 800,000 yuan; If the supplementary provident fund is paid, the maximum personal loan amount will increase by 6,543,800 yuan on the basis of 400,000 yuan, and the maximum family loan amount will increase by 200,000 yuan on the basis of 800,000 yuan.
(Image from Shanghai Housing Provident Fund official website)
The loan conditions of Shanghai Provident Fund are as follows:
1 It meets the conditions for purchasing the shared property housing in Shanghai, and has signed the Pre-sale (Sales) Contract for the Shared Property Housing in Shanghai according to relevant regulations;
2. The borrower must be one of the property owners;
3. Meet the current housing provident fund personal housing loan conditions, that is, before applying for a loan, the borrower and co-borrower should continuously pay the housing provident fund for six months;
4. Have a relatively stable economic income and no large debts.
The above is the answer to the maximum amount of Shanghai provident fund loan, and I hope it will help you.