Since you want to apply for a loan to buy a house in Wuhan, first of all, employees who need to pay the housing provident fund in full in Wuhan for 6 months or more can apply for provident fund loans or portfolio loans when buying a house from their own homes.
Basic conditions for Wuhan to apply for provident fund loan to buy a house;
(1) Borrower's personal ID card;
(2) Require borrowers and their spouses to have good personal credit records and meet the auditing standards for provident fund loans;
(3) The borrower has stable income and good repayment ability;
(4) What is needed is a real purchase behavior, and the ownership of the house purchased by the borrower is clear, the procedures are legal and complete, and there is no legal dispute;
(5) The borrower has no outstanding provident fund loan;
(6) The borrower agrees to provide guarantee by mortgage loan of the purchased house or in the form recognized by the management center such as national debt.
In Wuhan, many borrowers are not only concerned about whether they can successfully apply for housing provident fund loans, but also about the expected annualized interest rate of housing provident fund loans. In Wuhan, if the term of the housing provident fund loan applied by the borrower is 1-5 years, and if the term of the housing provident fund loan applied by the borrower is 6-30 years, the expected annualized interest rate is twice that of the housing provident fund loan in the same period.
I think it is good to apply for a housing provident fund loan to buy a house, but it is also important to choose a suitable loan period.