Legal analysis: the maximum loan amount does not exceed 600,000 yuan. Loan amount: monthly deposit amount of housing provident fund × 12× future balance of individual account of housing provident fund )× 2 If the loan amount is less than 300,000 yuan, the maximum loan amount of housing provident fund shall be approved at 300,000 yuan on the premise of sufficient repayment ability of individuals. The loan amount of housing provident fund is generally determined by the applicant's (and his spouse's) housing provident fund deposit amount, deposit ratio, deposit time, purchase amount, loan term, repayment ability and other factors, and the actual loanable amount is subject to the final approved amount of the management office. Most cities have stipulated the maximum amount of a single housing provident fund loan, which generally does not exceed 80% of the total housing price. The loan amount of housing provident fund can only be determined by comprehensive calculation. The calculation of provident fund loan amount should be determined according to four conditions: repayment ability, the proportion of housing price, the balance of housing provident fund account and the maximum loan amount. The calculation methods of provident fund loans vary from place to place. The specific calculation method and the maximum amount should be combined with the local housing provident fund loan policy.
Legal basis: Article 24 of the Regulations on the Management of Housing Provident Fund is under any of the following circumstances: (1) purchasing, building, renovating or overhauling self-occupied housing; (2) retirement; (three) completely lose the ability to work, and terminate the labor relationship with the unit; (4) Having left the country to settle down; (5) Repaying the principal and interest of the house purchase loan; (six) the rent exceeds the prescribed proportion of family wage income. In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time.
If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.
Foshan provident fund loan amount
Borrowers who meet the conditions of Foshan housing provident fund loans may apply for loans according to the following provisions.
(1) Determine the maximum loan amount according to the available amount of Foshan housing provident fund. Pay the housing provident fund in full and on time for more than 6 months (inclusive) and less than 1 year (exclusive), and the maximum personal loan shall not exceed 1.5 million yuan; Accumulated housing accumulation fund in full and on time 1 year and less than 2 years (excluding), with the maximum loan amount not exceeding 300,000 yuan; Accumulated housing provident fund has been paid in full and on time for more than 2 years (inclusive), and the maximum personal loan amount does not exceed 400,000 yuan (800,000 yuan for husband and wife).
If the housing provident fund loan is still insufficient and the individual has the repayment ability, he can also apply for a portfolio loan (housing provident fund loan commercial loan).
(II) Determine the loan amount according to the principle that "the maximum loan amount of housing provident fund does not exceed 2 times the amount of housing provident fund paid by the borrower's family members within the retirement age" in the Measures for the Administration of Individual Housing Loans of the People's Bank of China, that is, (the housing provident fund that the borrower should pay when the detailed balance of the current housing provident fund reaches retirement cancellation) ×2.
The housing provident fund to be paid for cancellation from the current month to retirement = the monthly average of the housing provident fund paid from the current month to the first half of the year (6 months) × the number of months from the current month to retirement. Retirement time is calculated at 60 years old.
(3) When employees apply for housing provident fund mortgage loans, they must have paid a down payment of not less than the specified amount, that is, the loan amount cannot exceed the total house price minus the down payment, and building, decoration and major house repairs are also handled according to this principle.
(4) According to the Guidelines for Risk Management of Real Estate Loans of Commercial Banks, the ratio of monthly real estate expenditure to income of borrowers is controlled below 50%, and the ratio of monthly debt expenditure to income is controlled below 55%.
The calculation formula of the ratio of real estate expenditure to income is: monthly repayment amount/monthly income of the loan. That is, the loan amount ÷ the interest payable for several months during the loan period cannot be greater than 50% of the income.
The calculation formula of all debt-to-income ratio is: (monthly repayment amount of this loan and other debts)/monthly income. That is: loan amount ÷ interest payable for several months during the loan period. The monthly repayment of other debts cannot be greater than 55% of income.
The above income is based on the individual salary base declared and registered by the housing provident fund deposit unit.
(5) The approval of the loan amount also involves the setting of the loan amount in points (1) to (4) above, whichever is lower.
Conditions and requirements of Foshan provident fund loan
Conditions and requirements of Foshan provident fund loan
Conditions and requirements of Foshan provident fund loan: the applicant is a Foshan hukou, and can apply for Foshan provident fund loan regardless of whether he pays off-site provident fund or local provident fund. If the applicant is not registered in Foshan, he/she needs to pay Foshan Provident Fund before applying. Conditions and requirements of Foshan provident fund loan.
Conditions and Requirements of Foshan Provident Fund Loan 1
Letter of credit clause
(a) the borrower is an employee who has paid the housing provident fund in our city; If the housing provident fund is not paid in our city (paid by employees in different places), the borrower or spouse is registered in our city, or the borrower's spouse pays the housing provident fund in our city and conforms to paragraph (2) of this article. The distinction between the place where the housing provident fund is paid, the place where it is registered, and the married situation shall be subject to the situation at the time of loan application.
(2) Since the month of applying for the loan, the housing provident fund has been paid in full and on time in the first six months, and the accumulated housing provident fund has been paid in full and on time 1 year. If the personal data (or personal account) has been cancelled, it shall be counted from the month when the personal data is reopened and the funds are deposited.
Confirmed by the municipal human resources and social security management department or the municipal cadre management department, cadres who meet the requirements of the municipal government's policy of introducing high-level talents, or cadres who meet the conditions for receiving resettlement by the municipal cadre management department, can apply for loans after opening the details of individual housing provident fund and starting to pay housing provident fund, and are not limited by the payment period.
(three) the purchase of housing, construction, renovation and overhaul of housing.
(four) a stable occupation and income, good credit, the ability to repay the principal and interest of the loan.
(five) to provide property that meets the requirements of these measures as collateral for loans.
Foshan housing provident fund loan application conditions in different places
1. The applicant must purchase a self-occupied house in our city and be the owner or owner of the house purchased.
2, the applicant must be normal and full deposit housing provident fund for more than six months.
3. The applicant and spouse have no outstanding housing provident fund loans. (including the place where the housing provident fund is paid)
4 to provide the guarantee procedures approved by the city housing provident fund management center.
5. Meet other conditions for housing provident fund loans.
Conditions and requirements of Foshan provident fund loan II
(1) Determine the maximum loan amount according to the available amount of Foshan housing provident fund. Pay the housing provident fund in full and on time for more than 6 months (inclusive) and less than 1 year (exclusive), and the maximum personal loan shall not exceed 1.5 million yuan; Accumulated housing accumulation fund in full and on time 1 year and less than 2 years (excluding), with the maximum loan amount not exceeding 300,000 yuan; Accumulated housing provident fund has been paid in full and on time for more than 2 years (inclusive), and the maximum personal loan amount does not exceed 400,000 yuan (800,000 yuan for husband and wife).
Housing provident fund loans are still insufficient, and individuals have the ability to repay, they can also apply for portfolio loans (housing provident fund loans commercial loans).
(II) Determine the loan amount according to the principle that the loan amount of housing provident fund does not exceed twice the amount of housing provident fund paid by the borrower's family members within the retirement age in accordance with the Measures for the Administration of Individual Housing Loans of the People's Bank of China, that is, the housing provident fund that the borrower intends to pay when the current detailed balance of housing provident fund reaches retirement cancellation.
The housing provident fund to be paid for cancellation from the current month to retirement = the monthly average of the housing provident fund paid from the current month to the first half of the year (6 months) and the number of months from the current month to retirement. Retirement time is calculated at 60 years old.
(3) When employees apply for housing provident fund mortgage loans, they must have paid a down payment of not less than the specified amount, that is, the loan amount cannot exceed the total house price minus the down payment, and building, decoration and major house repairs are also handled according to this principle.
(4) According to the Guidelines for Risk Management of Real Estate Loans of Commercial Banks, the ratio of monthly real estate expenditure to income of borrowers is controlled below 50%, and the ratio of monthly debt expenditure to income is controlled below 55%.
The calculation formula of the ratio of real estate expenditure to income is: monthly repayment amount/monthly income of the loan. That is, the loan amount should be repaid with interest for several months, and it should not be greater than 50% of the income.
The calculation formula of all debt-to-income ratio is: (monthly repayment amount of this loan and other debts)/monthly income. That is, the loan amount should be repaid for several months with interest, and the monthly repayment amount of other debts should not be greater than 55% of income.
The above income is based on the individual salary base declared and registered by the housing provident fund deposit unit.
(5) The approval of the loan amount also involves the setting of the loan amount in points (1) to (4) above, whichever is lower.
Foshan provident fund loan conditions and requirements 3
All five banks indicated that the first loan interest rate of housing provident fund was 3.25%, and if it was a second loan, it would have to be raised by 10%, that is, 3.575%.
If the provident fund loan amount is not enough, then the rest need to apply for commercial loans. For this part of commercial loans (that is, portfolio loans), the interest rate needs to be subject to the major banks.
About the loan time:
The normal process is to require the applicant to submit the materials to the bank first, and then submit them to the housing provident fund management center for review after the bank handles them. If the materials are complete, the application procedures generally do not exceed 10 working days, depending on the situation of different banks.
After the application procedures are completed, the entrusted bank will lend money 1 working day.
About the application conditions:
The applicant is a Foshan hukou, and can apply for a Foshan provident fund loan regardless of whether he pays a foreign provident fund or a local provident fund; If the applicant is not registered in Foshan, he needs to pay Foshan provident fund before applying.
In addition, if the family (husband and wife, children) has two houses, including village houses and commercial houses, they cannot apply for it temporarily.
About * * * same loan:
Major banks have different detailed requirements on whether family members can apply for provident fund loans.
China Construction Bank Foshan Branch said that if two people's names are filled in the real estate license, they can apply with their provident fund loan lines.
Bank of Communications Foshan Branch revealed that the specific amount of superposition needs to be entered into the system for comprehensive evaluation according to different situations.
What is the housing loan policy in Foshan?
Buying and selling houses is a common occurrence. Nowadays, housing prices in major cities are very high, and many buyers will choose loans to buy houses. However, many cities have introduced loan restriction policies, and everyone needs to meet the relevant requirements of the policy if they want to borrow money to buy a house. So what is the housing loan policy in Foshan? Next, Bian Xiao will briefly introduce it to you.
1. According to the relevant provisions of Foshan's loan restriction policy, residents purchase the first home in Foshan's restricted purchase area, and the minimum down payment ratio is 30%; If you have a house under your name, but the mortgage has been settled, when you apply for the purchase of ordinary commodity housing again, the minimum down payment ratio is 30%; If there is a house under the name but the mortgage is not settled, the minimum down payment ratio is 40% when buying ordinary commercial housing again. If there are 2 or more houses or 2 mortgage outstanding records in our name, we will not be able to apply for a housing loan again.
2. When applying for a housing loan, you need to meet the conditions of a bank or provident fund housing loan. For example, if we want to apply for a housing provident fund loan in Foshan, the borrower needs to be a natural person with full civil capacity and an employee who has paid the provident fund in Foshan. If it is an employee who pays in a different place, the borrower or spouse needs to have a household registration in this city.
3. To apply for Foshan housing provident fund, the borrower also needs to pay the housing provident fund in full and on time in the first six months, with a cumulative deposit of 1 year; The borrower has a stable occupation and income, has the ability to repay the principal and interest, and can provide qualified property as collateral and other conditions. If the borrower has paid the provident fund in full for three years, the maximum loan amount is 500,000 yuan/person; The loan period of commercial housing is no longer than 30 years.
Bian Xiao concluded: What is the housing loan policy in Foshan? Here Bian Xiao will give you a brief introduction. I hope everyone can understand Foshan's housing loan policy after reading this article. We also need to meet the requirements of the local purchase restriction policy when buying a house in Foshan's restricted purchase area.
Introduction of Foshan provident fund loan and how to calculate the amount of Foshan provident fund loan is over. I wonder if you have found the information you need?