The amount of provident fund loan is related to the balance in the card. The loanable formula is: the amount of the provident fund paid by the loan employees in a month ÷ the proportion of the provident fund paid by the loan employees × the repayment ability coefficient (currently 0.45)× 12× the actual loanable period. The loan amount of housing provident fund is linked to the account balance. At present, the maximum multiple has been relaxed from 15 to 40. The loan amount is 200,000 yuan (excluding the supplementary provident fund loan amount), and there must be at least 5,000 yuan in the housing provident fund account. In addition, the borrower must continuously deposit the housing provident fund for 6 months before applying for a loan. Loan target: employees who have paid the housing provident fund in full and continuously for 6 months (the opening time of the individual housing provident fund deposit account is 180 days from the loan application time, and the deposit account is in a normal state, and the monthly continuous payment time is more than 6 months, excluding supplementary payment) and above can apply for provident fund loans or portfolio loans when purchasing self-occupied housing. Basic loan conditions: 1. The borrower holds legal identity documents and has full capacity for civil conduct; 2. The borrower and his spouse have good credit records and meet the auditing standards for provident fund loans; 3 have a stable economic income and the ability to repay the principal and interest of provident fund loans on time; 4. There is a real purchase behavior, and the purchase behavior generally occurs within one year, except for housing commercial loans to housing provident fund loans; The ownership of the purchased house is clear, the procedures are legal and complete, and there is no legal dispute; 5. There are no outstanding provident fund loans; 6. Agree to mortgage the purchased house loan, or provide guarantee in the form recognized by the management center, such as government bonds, bank deposit certificates, securities, etc.; 7 to apply for housing provident fund loans, there should be self-raised funds equivalent to 20% or more of the housing purchase price.
Legal objectivity:
Housing accumulation fund regulations
Article 25
If the employee withdraws the balance stored in the housing provident fund account, it shall be verified by the unit where he works and a certificate of withdrawal shall be issued. Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant;
If the withdrawal is approved, the entrusted bank shall go through the payment procedures.