Of course. Provident fund renovation loan is another form besides provident fund loan in mortgage to buy a house. However, it is generally required that the area of the house to be renovated is greater than 70㎡ and the age of the house is within 15. Failure to meet the above requirements will lead to an increase in treatment costs.
At present, the loan amount for renovation of provident fund is generally 1 1,000 yuan /m2, which may be relaxed to 2,000 yuan /m2 again in the future. Once it is opened to 2000 yuan/square meter, the handling fee will increase relatively.
What is the application method of housing provident fund decoration loan? 1, identification of the borrower and spouse (ID card, household registration book, marriage certificate or divorce certificate, court judgment, ruling, unmarried or divorce certificate issued by the unit, etc.). );
2. Proof of stable economic income (proof of unit wage income, etc.). );
3, housing provident fund deposit certificate;
4. The purchase contract and agreement signed with the selling unit (approved by the land planning department of self-built housing);
5. I and my spouse * * * fill in the loan application approval form;
6. Receipt of house payment (down payment) of not less than 20% of the total house payment (proof of self-financing of not less than 30% of the total house payment is required for purchasing private houses, building and overhauling self-occupied houses);
7. List of pledge rights and ownership certificate issued by the borrower (or written commitment issued by the guarantor agreeing to provide guarantee). Four, the housing provident fund loan period, interest rate and limit
The loan period of individual housing provident fund is 1 to 20 years. But in principle, it shall not exceed the period from the date of loan issuance to the national legal retirement age (60 years old for men and 55 years old for women).
How to use the housing provident fund? 1, Buying a house: This is actually the original intention of setting up a housing provident fund, which is used for loans when buying a house. At the same time, the down payment can use commercial loans.
2. If you already own a house, you can use the housing provident fund whether you are building, decorating or overhauling the house.
3. If you rent a house, you can also use the housing provident fund, but the amount of public rental housing and commercial housing is different. You can consult the relevant local departments for details.
4. You can use your parents' housing provident fund to buy a house, that is, you can withdraw your parents' housing provident fund: in this case, you are not buying a house with a housing loan.
5. If you don't plan to buy a house or have other needs. You can cancel your account in the relevant department and withdraw all the balance.
6. If the family encounters a particularly big change, the housing provident fund can be included in the low-income or extremely poor range for extraction and use.
7. Treating major diseases is another function of housing provident fund, which may not be clear to many people. You can use this function in the future.