The provident fund implements both housing and loan subscription.

To subscribe for a house and subscribe for a loan means that you have had a mortgage or bought a house before, and buying a house again counts as a second house. The identification standard for the number of housing units has been adjusted from "recognize the house but not the loan" to "recognize the house and subscribe for the loan".

Adjust the down payment ratio from a unified 20 to 20 for purchasing affordable housing; 30 for purchasing a first home other than affordable housing; and 60 for purchasing a second home. , at the same time, the maximum loan limit for second homes was reduced from 800,000 yuan to 600,000 yuan.

Borrowing applicants should establish a housing provident fund account for 12 months and make full and continuous deposits in the housing provident fund for 12 months before applying for a loan. month (inclusive) and above”.

Extended information

Conditions for provident fund loans:

1. A valid contract or agreement for the purchase of a self-occupied house can be provided;

2. The borrower has full capacity for civil conduct;

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

4. Have an official urban household registration or valid residence status in this city;

5. Pay the housing provident fund normally before borrowing and pay continuously for more than six months;

6. The borrower and the house purchase contract The buyer must be consistent, and the person who has the property rights (except the spouse) must provide a written commitment to agree to the mortgage of the house.

Baidu Encyclopedia - Recognize the house and subscribe for the loan

Xinhuanet - The state-managed provident fund implements "acknowledge the house and subscribe for the loan" for the second home. Nanjing's provident fund policy has not changed