The current interest rate of provident fund loans was adjusted and implemented on 20 15, 15124 October. The annual interest rate of provident fund loans for more than five years is 3.25%, and the annual interest rate of provident fund loans for five years and less is 2.75%, which is consistent throughout the country.

Provident fund loans refer to loans enjoyed by employees who pay housing provident fund. According to national regulations, all employees who have paid housing provident fund can apply for individual housing provident fund loans according to the relevant provisions of provident fund loans.

What conditions do individual housing provident fund loans need to meet? The main contents are as follows:

1. The borrower has full capacity for civil conduct;

2. Have the official residence or valid residence status in this city;

3. Have stable economic income, good credit and the ability to repay the principal and interest of the loan;

4. The housing provident fund shall be paid normally before the loan, and it shall be paid continuously for more than half a year;

5, can provide a valid contract or agreement for the purchase of owner-occupied housing;

6. In the purchase contract, the borrower and the purchaser must be consistent, and the person who purchases the property right (except the spouse) must issue a written commitment to agree to the mortgage of the house;

7, with not less than 30% of the purchase value of owner-occupied housing (second-hand housing more than 40%) of its own funds;

8. The borrower agrees to handle housing mortgage loan and insurance;

9, the purchase of commercial housing, developers should provide phased guarantee and report the relevant credit materials;

10. The borrower agrees to open a personal account with the loan undertaking bank, and agrees that the loan undertaking bank directly deducts the loan principal and interest from the account every month.

Adjustment of provident fund in July 2020 1. There are 2 suites in the name of husband and wife, so you can't apply for a loan?

According to the regulations, if the husband and wife already have two sets of houses, the third suite cannot apply for housing provident fund loans. Taking Wuxi as an example, the housing provident fund loans in Wuxi are distributed to paid workers' families who purchase the first set of self-occupied housing and the second set of self-occupied housing. Stop issuing housing provident fund loans to paid workers' families who buy third and above houses.

From 10 to 15 in 2020, the personal housing loan interest rate of the second set of self-occupied housing provident fund for employees' families shall be 1. 1 times the personal loan interest rate of the first set of provident fund in the same period. The number of employee family self-occupied housing units is determined according to the loan information records of borrowers and their spouses in the housing provident fund management system of our city.

Extended data:

Wuxi housing provident fund loan application conditions:

1. The loan applicant shall pay the housing provident fund to the center on time, in full and continuously within six months before the month of applying for the loan, and shall not default on the housing provident fund within two years before the month of applying for the loan;

2. The housing purchased by the loan applicant is self-occupied ordinary housing;

3. The loan applicant is the owner of the purchased owner-occupied house or the owner of the house (that is, the buyer on the purchase contract filed by the real estate management department);

4, a stable source of economic income and the ability to repay the principal and interest on time;

5. Provide the guarantee company recognized by the Center as repayment guarantee or the securities recognized by the bank as pledge;

6. Both husband and wife of the loan applicant shall not have outstanding provident fund loans.