Loan conditions in different places
1. Employees who have continuously paid the housing provident fund in the core and sub-core of the deposit place management (referred to as "the core of the deposit place") for more than 6 months (inclusive) and whose accounts are in a normal state can apply for individual housing from the core of the purchase place housing provident fund management (referred to as "the core of the loan place") if they purchase self-occupied ordinary commodity housing outside the jurisdiction of the deposit place in the province.
2. Qualification, approval requirements, loan amount, loan term, etc. The implementation of off-site loans, should implement the relevant provisions of the loan housing provident fund core.
3. Employees cannot apply for two housing provident fund loans to the core of the deposit place and the core of the loan place at the same time. If the housing provident fund loan has been handled at the core of the deposit place but has not been paid off, you cannot apply for a loan from another place during the repayment period.
Housing provident fund loan amount:
The loan amount of the provident fund is regulated according to levels, with the highest loan of 800,000 for Grade A, 920,000 for Grade AA and 0/0.04 million for Grade AAA. The longest loan period of the provident fund is 30 years, which is subject to the age of the husband and wife, and the age plus loan period cannot exceed 70, which is also related to the age of the building. The building age plus loan period of brick-concrete structure cannot exceed 47, and the building age plus loan period of steel-concrete structure cannot exceed 57.
The specific loan amount is: First, it must not exceed the individual repayment ability, that is, the sum of the borrower's monthly deposit/borrower's reserve deposit ratio+borrower's spouse's reserve deposit ratio ×50%× 12 (month )× loan period;
Second, the purchase of the first set of ordinary self-occupied housing shall not exceed 70% of the purchased housing price (if the construction area of Xing Tao is below 90 square meters (inclusive), it shall not exceed 80% of the purchased housing price);
Third, borrowers (including spouses) should have the ability to repay the principal and interest of loans, and the average monthly income should not be lower than the minimum living standard for urban and rural residents in this city.
Duration of provident fund loan: The longest term of housing provident fund loan is 30 years. In principle, the sum of the borrower's age and the number of years of applying for loans shall not exceed 5 years after his statutory retirement age, that is, male employees can borrow until 65 years old and female employees can borrow until 60 years old.
Legal basis: Article 5 of the Regulations on Housing Provident Fund: The housing provident fund shall be used for employees to purchase, build, renovate and overhaul their own houses, and no unit or individual may use it for other purposes.