Tianjin’s new housing provident fund loan policy, how to get a loan?

1. If an employee has paid the housing provident fund in full for three consecutive months and rents affordable rental housing in Tianjin, the employee and his or her spouse can apply to withdraw the housing provident fund. The total monthly withdrawal amount shall not exceed the monthly payment. rent, and the total amount does not exceed 2,400 yuan.

2. If deposit-paying employees in Tianjin apply for a personal housing provident fund loan to purchase their first home, the maximum loan limit is 800,000 yuan. If the utilization rate of Tianjin Housing Provident Fund funds exceeds 90% for three consecutive months, the Tianjin Housing Provident Fund Management Center shall report to the Municipal Housing Provident Fund Management Committee Office and issue an announcement to the public, starting from the 1st of the month following the announcement. The maximum loan limit is lowered to 600,000 yuan; if the housing provident fund utilization rate is less than 85% for three consecutive months, the Tianjin Housing Provident Fund Management Center should report to the Municipal Housing Provident Fund Management Committee Office and issue an announcement to the public. Starting from March 1, the maximum loan limit for first-home housing will be raised to 800,000 yuan. The “housing provident fund fund utilization rate” in this notice refers to the housing provident fund fund utilization rate at the end of the month.

3. When employees purchase their first housing or affordable housing in Tianjin, in addition to the employee and his or her spouse, the parents of the employee and his or her spouse can also apply to withdraw housing provident funds.

Notes

1. Couple loan

If both husband and wife take out the same loan to buy a house, whether it is a provident fund before marriage or after marriage. As for loans, as long as one of the spouses has applied for a provident fund loan, there will be corresponding records on the central system. Before the previous loan is repaid, the couple cannot use the provident fund loan to buy a second house.

2. Second home

If the borrower has already used a provident fund loan when purchasing the first home, he cannot apply for a provident fund loan again before the provident fund loan has been repaid. Buy a second home. Provident fund loans can only be used after the previous housing loan has been paid off, and provident fund loans cannot be used when purchasing a third or more housing.

3. Provident fund amount

Do not use the provident fund before applying for a loan. If the borrower withdraws the provident fund balance before the loan is used to pay for the house, the provident fund balance on the provident fund account will be zero, so the provident fund loan limit will also be zero, which means that the provident fund loan will not be applied for.

4. Early repayment

According to the relevant provisions of provident fund loans, partial early repayment should be made after one year of loan repayment, and the repayment amount should exceed 6 months. Repayment amount. Therefore, if the loan you apply for is less than one year old, do not apply for early repayment, because if you apply, the bank will charge more liquidated damages.

5. Difficulty in repaying the loan

If you have difficulty repaying your loan, don’t forget to contact the bank near you. When your ability to repay debts declines and you have difficulty repaying your loans, don’t hold on yourself. You can submit an application to the bank to extend the loan period. If it is found true after the bank's investigation, and you have not defaulted on the loan principal and interest, the bank will accept your application to extend the loan period. However, the loan period can only be changed once according to regulations.

6. Lost the contract

Don’t lose the loan contract and IOU. When applying for a mortgage loan, the loan contract and IOU signed by the bank and you are important legal documents. Since the loan period can be up to 30 years, as a borrower, you should keep the contract and IOU properly, and read the terms of the contract carefully to understand own rights and obligations. When using a personal housing provident fund loan to buy a house, you must pay attention to the above points to avoid unnecessary troubles due to negligence and other reasons.

Can outsiders buy a house in Tianjin?

No.

If you want to buy a house in Tianjin with a foreign registered permanent residence, you need to pay social security or personal tax in Tianjin for more than one year. If you need a loan, you need to have a stable job and income in Tianjin, and be able to provide corresponding income certification documents. .

When buying a house in Tianjin with a non-local household registration, you need to provide ID card, marriage certificate, household registration book, temporary residence permit and other materials, and the buyer cannot have Tianjin real estate in his name.

What are Tianjin’s home purchase loan policies?

Tianjin has great geographical advantages. It is adjacent to Beijing, and many people will choose to buy houses here.

At present, most houses are purchased with mortgages. What is the loan policy for house purchases in Tianjin? Many home buyers are very concerned about it. Let’s take a look through the relevant content below!

If it is your first time To purchase a house without any mortgage record and apply for a commercial loan, the down payment must not be less than 30% of the total house price. If you already have a property under your name or have had a mortgage loan record before, and apply for a commercial loan to buy a house, the down payment must be no less than 60% of the total house payment. In terms of interest rates, the minimum increase for the first home is only 5%, while the minimum increase for the second home is 10%.

The scope of the identification of second homes is also constantly expanding. It not only restricts properties in the area where the house is purchased, but also includes properties in other areas under the name. The loan record also involves all the mortgage loans of the applicant. Record. Banks often recognize houses and loans. As long as there is a previous mortgage record, regardless of whether the property is still in the name, buying a house again is considered a second home.

Compared with commercial loans, provident fund loans have longer terms and lower interest rates. Therefore, foreign workers will choose this type of loan to buy a house in Tianjin. The down payment is often no less than 60% of the total house payment, and the maximum amount obtained is 400,000, but the specific amount applied for should be within ten times of the account balance.

Foreign workers who want to apply for provident fund loans must meet these conditions: first, they have worked in the urban area for more than 12 months; second, the property for which they are applying for a loan is their only residence. If all two points are met, you can go to the provident fund management center to apply for withdrawal and go through relevant procedures.

In addition, most banks have made corresponding adjustments in mortgage interest rates. Among them, the interest rate for first-time home buyers has been reduced from the original 10% to 5% to 8%. But not everyone can enjoy this preferential interest rate. They must meet relevant conditions, and interest rates are still being adjusted, which means changes in mortgage pressure.

I hope the above answers will be helpful to you.

That’s it for the introduction of Tianjin’s 2017 loan policy.