The access condition for provident fund loans is that individuals can make loans if they have paid the provident fund in 300 yuan for six consecutive months and have good credit information. The age of the loan is 25 to 55, and the information you need to carry is ID card, marriage certificate, income certificate, bank account, address certificate and provident fund card.
Wuhan provident fund loan amount
Wuhan provident fund loan amount
1. If the paid employee's family uses the housing provident fund loan to purchase the first set of ordinary self-occupied housing (including business transfer), the maximum loan amount is 900,000 yuan;
2. Purchase a second set of improved self-occupied housing with a maximum loan of 700,000 yuan.
Objects and conditions of housing provident fund loans in Wuhan
(a) the loan object:
In Wuhan Housing Provident Fund Management Center, it has been paid normally for 6 months (the opening time of personal provident fund deposit account is from the time of loan application 180 days; The deposit account status is normal; Before applying for a loan, the provident fund account has been remitted for six consecutive months, and payment cannot be stopped; Employees whose balance in the provident fund account is greater than or equal to 6 times the monthly deposit (excluding the overdue deposit in the past 6 months) and above may apply for new housing or stock housing loans.
(2) Loan conditions:
The borrower shall meet the following conditions:
1. The borrower and his/her spouse hold legal identity documents, have full capacity for civil conduct, and are between the age of 18 and the statutory retirement age, that is, men are under 60 years old and women are under 55 years old.
2. The borrower and spouse have good credit, and agree to authorize the entrusted bank and the provident fund center to inquire about their personal credit reports, which is in line with the credit review standards of the provident fund center for individual housing provident fund loans;
3. The borrower and spouse have stable economic income and the ability to repay the loan principal and interest on time;
4. To purchase a new house, the purchase contract shall be signed within one year, and the down payment amount shall not be less than 20% of the total purchase price; Where the stock house is purchased, the signing time of the house purchase contract is within half a year, and the down payment of not less than 20% has been paid to the seller; The purchased house is a complete set of houses with complete property rights within 30 years (including 30 years), and has the property ownership certificate, state-owned land use certificate or property right certificate, and the property rights are clear and have not been transferred to the borrower's name, so it can be traded in the stock house trading market;
5. There are no outstanding provident fund loans and no other debts that affect the repayment ability of provident fund loans;
6. Agree to mortgage the purchased house, or pledge the securities recognized by the provident fund center such as government bonds and bank time deposit certificates;
7. Other conditions stipulated in the Measures for the Administration of Personal Housing Loan of Wuhan Housing Provident Fund.
If you still have questions, you can call the hotline 12329 for consultation.
20 16 Wuhan housing provident fund loan amount and calculation method
New policy: the maximum amount of provident fund loans will be reduced from 600,000 yuan to 500,000 yuan, and the repayment ability coefficient will be adjusted back from 45% to 35%.
loan limit
The maximum loan amount is 500,000 yuan.
deadline
The longest term of the first-hand housing provident fund loan is 30 years, and the longest term of the second-hand housing provident fund loan is 20 years. The term of transferring a commercial loan to a provident fund loan shall not exceed the remaining life of the commercial loan, and the borrower's age plus the loan term shall not exceed the specified life (male employees shall not exceed 65 years old and female employees shall not exceed 60 years old).
Loan ratio
The loan ratio shall not exceed 70% of the total price of the purchased house.
Calculation formula of loan amount:
1, not higher than the loan amount comprehensively determined according to the deposit time and deposit balance of the provident fund.
Loan amount = (the difference between the borrower's provident fund deposit and the spouse's provident fund deposit) ×20 times× deposit time coefficient. Provident fund deposit account must be a normal deposit account.
Expected annualized interest rate of loan
The current housing provident fund loan period is 1-5 years, with an expected annualized interest rate of 2.75%, a loan period of 6-30 years and an expected annualized interest rate of 3.25%; The expected annualized interest rate of the second application for provident fund loans is 1. 1 times of the expected annualized interest rate of provident fund loans in the same period.
If the state adjusts the expected annualized interest rate during the loan period, the expected annualized interest rate of the issued provident fund loans will not be adjusted in the current year, and the specific adjustment time is 1 month 1 next year.
2. Not higher than the loan amount determined according to the loan repayment ability.
Loan amount = (the sum of the borrower's monthly provident fund deposit amount/unit and individual deposit ratio; Monthly contribution of spouse's provident fund/sum of contribution ratio of unit and individual) ×45%× 12 months× loan period.
What are the loan conditions of Wuhan off-site provident fund?
The loan conditions of Wuhan off-site provident fund are as follows:
1. The borrower and spouse hold legal identity cards and have full capacity for civil conduct;
2. The borrower and spouse have stable income and the ability to repay the principal and interest;
3. The borrower and spouse have good credit;
4. The house purchase contract is signed within one year, and the down payment is not less than 20% of the total house purchase price;
5. No provident fund loans have been used in the deposit city and Wuhan, or the first housing provident fund loan has been settled;
6. Agree to mortgage the purchased house.
Extended data:
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.
Letter of credit clause
1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans.
2. To participate in the housing provident fund system, if you want to apply for a housing provident fund personal purchase loan, you must also meet the following conditions: that is, the housing provident fund has been continuously paid for at least 6 months before applying for the loan. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing loans.
3. One of the husband and wife has applied for a housing provident fund loan, and neither of them can get a housing provident fund loan until the principal and interest of the loan are paid off. Because the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of workers' families.
4. When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is risky to lend to housing provident fund, which violates the principle of safe operation of housing provident fund.
5. The term of the provident fund loan shall not exceed 30 years. For portfolio loans, the loan conditions of provident fund loans and commercial housing loans must be the same.
Most cities have stipulated the maximum amount of a single housing provident fund loan. For example, the maximum amount of a single housing provident fund loan in Chengdu is 600,000 yuan; The maximum amount of Guangzhou housing provident fund loans is 500,000 yuan for individuals and 800,000 yuan for two or more applicants.
Secondly, the maximum loan amount of housing provident fund does not exceed 70% of the total purchase price;
When applying for provident fund loan, the monthly repayment amount/monthly income should not exceed 50% (including the sum of the monthly repayment amount of existing liabilities and current liabilities). The loan period of housing provident fund is 1-30 years, and the longest period shall not exceed the time when the borrower is away from the statutory retirement age; On the basis of considering their repayment ability, employees approaching retirement age can appropriately relax the loan period 1-3 years.
What are the requirements for housing provident fund loans in Wuhan?
(1) prerequisites for applying for provident fund loan
In Wuhan Housing Provident Fund Management Center and its sub-centers (hereinafter referred to as the "Management Center"), employees who have paid the housing provident fund in full and normally for 6 months or more can apply for provident fund loans or portfolio loans when purchasing owner-occupied housing.
(2) the amount and proportion of first-hand housing provident fund loans
1. If the first-hand housing provident fund loan is used to purchase the first house, the maximum loan amount is 600,000 yuan, and the following conditions are met:
① The loan amount shall not exceed 70% of the total price of the house purchased (80% may be relaxed if the building area is less than 90 square meters);
② If the borrower pays the housing provident fund unilaterally and normally, the loan amount generally does not exceed 50% of the total price of the house purchased, but if the monthly deposit amount of the provident fund reaches 1400 yuan (the specific amount is subject to the data published by the management center), it can be relaxed to not exceed the proportion specified in the first paragraph above on the basis of considering its repayment ability.
2. If you use the first-hand housing provident fund loan to buy two houses, the maximum loan amount is 500,000 yuan, and the maximum loan amount does not exceed 40% of the total house price.
1, housing provident fund loans refer to housing mortgage loans issued by local housing provident fund management centers to employees who have paid housing provident fund in their own units and entrusted commercial banks to employees and retired employees who have paid housing provident fund during their employment. Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. The housing provident fund paid by employees and the housing provident fund paid for employees by the unit where employees work are personal savings stored by employees in accordance with the regulations for housing consumption expenditures, which belong to individual employees. When an employee retires, the balance of principal and interest is paid in one lump sum and returned to the employee himself.
2. The bank shall notify the applicant to handle the loan formalities according to the examination and approval results of the provident fund center. The borrower and his wife sign a loan contract and related contracts or agreements with the bank, and send the loan contract and other procedures to the provident fund center for review. After the approval of the provident fund center, the entrusted funds will be allocated, and the entrusted bank will issue loans in full and on time according to the loan contract.
3. Buying a house with a provident fund mortgage loan, the bank's repayment method will be more flexible than buying a house with a commercial loan. The borrower can determine the monthly repayment amount by himself, provided that the monthly repayment amount is not lower than the minimum repayment amount stipulated by the bank. In this way, the borrower can make a reasonable and feasible repayment plan according to his own economic strength, which is convenient for the borrower to arrange his monthly economic expenditure. For prepayment of provident fund mortgage loan, the borrower can repay part or all of the loan principal and interest in advance without paying any liquidated damages.
This is the end of the introduction of the age of Wuhan provident fund loan and the conditions of Wuhan provident fund loan of 700 thousand. I wonder if you have found the information you need?