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. Can be used to buy a house, decorate, rent a house, etc. , and the amount paid by individuals and units generally does not exceed 15% of wages. Buying a house with a provident fund loan is cheaper than a commercial loan. Buying a house by loan is rising with the change of people's consumption concept. Advance future income to improve the actual ability to pay, provident fund loans have absolute advantages in interest compared with commercial loans. If the purchaser and his unit have continuously paid the housing provident fund for not less than 6 months or accumulated for not less than 2 years, they may apply for housing provident fund loans.

Housing provident fund loan conditions:

1. Deposit time: the applicant must establish a housing provident fund account for more than 12 months (inclusive), and at the same time meet the requirements of full and normal deposit of the provident fund in a certain period of time. Some regions require 6 months (inclusive), and some regions require 12 months (inclusive), which will vary from place to place.

2. Lender's age: the sum of the lender's age and the loan period is less than 70 years old;

3. The applicant has full capacity for civil conduct, has the ability to repay the principal and interest of the loan, and has a good credit status;

4. The applicant has paid the down payment for the house purchase as required;

5. The applicant provides a guarantee that meets the requirements of these Provisions;

6. The applicant and the applicant meet the requirements of national, provincial and municipal real estate market management policies;

7. Meet other conditions stipulated by the provident fund management committee.

legal ground

"Regulations on the Management of Housing Provident Fund" Article 5 The housing provident fund shall be used for the purchase, construction, renovation and overhaul of owner-occupied housing by employees, and no unit or individual may use it for other purposes.

"Regulations on the Administration of Housing Provident Fund" Article 6 The deposit and loan interest rate of housing provident fund shall be proposed by the People's Bank of China, and submitted to the State Council for approval after consulting the construction administrative department of the State Council.

"Regulations on the Management of Housing Provident Fund" Article 7 The administrative department of construction in the State Council shall, jointly with the financial department of the State Council and the People's Bank of China, formulate the housing provident fund policy and supervise its implementation. The construction administrative departments of the people's governments of provinces and autonomous regions shall, jointly with the financial departments at the same level and the branches of the People's Bank of China, be responsible for supervising the implementation of the regulations and policies on housing provident fund management within their respective administrative areas.

What is the loan policy of Jining provident fund?

Legal analysis: 1. Housing provident fund personal housing loans can only be used to pay for the purchase, construction, renovation and overhaul of ordinary self-occupied housing for employees to support basic housing needs. It is strictly forbidden to use housing provident fund and personal housing loans for speculative purchase.

The second is to maintain the continuity and stability of the policy of paying employees' families (including borrowers, spouses and minor children, the same below) to use housing provident fund personal housing loans to purchase the first set of ordinary self-occupied housing. Use the housing provident fund personal housing loan to purchase the first set of ordinary self-occupied housing. If the construction area of Xing Tao is less than 90 square meters (inclusive), the down payment ratio of the loan shall not be less than 20%. If the construction area is more than 90 square meters, the down payment ratio of the loan shall not be less than 30%.

Third, the second set of housing provident fund personal housing loans are only issued to paid workers' families whose existing per capita housing construction area is lower than the local average level, and the loan purpose is limited to purchasing ordinary self-occupied housing to improve living conditions. The down payment ratio of the second housing provident fund personal housing loan shall not be less than 50%, and the loan interest rate shall not be less than 1. 1 times of the first housing provident fund personal housing loan interest rate in the same period.

Legal basis: Law of People's Republic of China (PRC) on Urban Real Estate Management Article 2 This Law shall be observed in obtaining the land use right of real estate development land, engaging in real estate development, real estate transactions and implementing real estate management on the state-owned land in People's Republic of China (PRC) urban planning area.

The term "houses" as mentioned in this Law refers to buildings and structures such as houses on land.

The term "real estate development" as mentioned in this Law refers to the construction of infrastructure and houses on the land that has obtained the right to use state-owned land in accordance with this Law.

Real estate transactions mentioned in this Law include real estate transfer, real estate mortgage and house lease.

What is the new policy of provident fund loan?

Legal analysis: the new policy of provident fund loan is:

Preliminary examination: The Housing Provident Fund Management Center conducts a preliminary examination of the materials submitted by the applicant, including the applicant's qualification, loan amount and loan period. After passing the preliminary examination, the center will issue a notice of mortgage review and evaluation.

2. Appraisal: The applicant holds the Notice of Collateral Examination and Appraisal to the appraisal institution designated by the Center to appraise the value of the purchased house. Affordable housing does not need to be evaluated; Audit: The applicant will go to the center for loan audit with the evaluation report issued by the evaluation agency and the preliminary materials required by the center. In line with the conditions, the center issued the "Notice of Investigation on Entrusted Loans of the Housing Provident Fund Management Center of this Municipality".

Three. Handling guarantee procedures: The applicant shall handle the guarantee procedures according to the guarantee method of his choice with the Notice of Investigation on Entrusted Guaranteed Loans issued by the Municipal Housing Provident Fund Management Center. If mortgage guarantee is selected, the guarantor shall issue a written guarantee; If you choose mortgage insurance or third-party guarantee.

Fourth, sign a loan contract.

Legal basis: Measures for the Administration of Individual Housing Loans

Article 7 A borrower shall apply for a loan directly from the lender. The lender shall give a formal reply to the borrower within three weeks from the date of receiving the loan application and the materials that meet the requirements. After examination and approval, the lender shall issue housing loans to the borrower in accordance with the relevant provisions of the General Rules for Loans.

Article 8 The loan amount issued by the lender shall not exceed the value of the house purchased by the real estate appraisal agency.

Article 9 If an applicant applies for using the housing provident fund loan to purchase a house, after the loan application is approved, the lender will transfer the funds to the bank account opened by the selling unit according to the time stipulated in the loan contract. The maximum amount of housing provident fund loans shall not exceed 2 times the amount of housing provident fund deposits within the retirement age of borrowing family members.

Regulations on the administration of housing provident fund

Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.

Twenty-seventh applicants for housing provident fund loans shall provide guarantees.

What are the second-home provident fund loan policies?

1. You can continue to apply for provident fund loans for second homes when you buy a second set of commercial housing, but you can stop issuing provident fund loans to paid employees who buy a third or more houses. 2. If you bought a commercial house (residence) by mortgage before and then sold it, now you are going to buy a new commercial house (residence), and applying for provident fund loan is still the first set. Different from commercial banks, banks "recognize housing and loans" and provident fund centers "recognize housing but not loans". In other words, the provident fund center only recognizes the real estate under the applicant's current name, and does not calculate the historical records of his own real estate and mortgage loans. 3. When the loanable amount of employees' provident fund loans is insufficient to pay the house purchase price, employees can apply to the entrusted bank for commercial housing loans, which will be distributed to employees in the form of a combination of provident fund loans and commercial housing loans. 4. If the provident fund loan is secured by mortgage, the borrower (i.e. the employee who applies for provident fund loan, the same below) shall use the purchased house as collateral. The borrower shall sign a mortgage contract with the entrusted bank and go through the mortgage registration formalities in accordance with the provisions of this Municipality on the registration of real estate rights. 5. If the provident fund loan is secured by pledge, the borrower or the third party shall provide the voucher-type national debt recognized by the provident fund center and the entrusted bank, the local currency time deposit certificate of the entrusted bank, and other rights certificates that can be pledged according to law. The borrower shall sign a pledge contract with the entrusted bank, and go through the formalities of transfer of title certificate within the time limit stipulated in the contract. Decision of the State Council on Amending the Regulations on the Management of Housing Provident Fund Article 12 The Housing Provident Fund Management Committee shall, in accordance with the relevant provisions of the People's Bank of China, designate commercial banks entrusted with the financial business of housing provident fund (hereinafter referred to as the entrusted banks); The housing provident fund management center shall entrust the entrusted bank to handle financial services such as housing provident fund loans and settlement, as well as the establishment, deposit and return procedures of housing provident fund accounts.

Adjust the provident fund loan policy in many places

Recently, Beihai, Zigong, Sichuan and other places have issued new policies for provident fund loans, clearly relaxing the requirements for provident fund loans. According to a survey conducted by china securities journal reporter, since 2022, the issuance speed of commercial loans for house purchase has greatly increased compared with the second half of 20021.

Adjust provident fund loans

A few days ago, the Housing Provident Fund Management Center of Zigong City, Sichuan Province issued the "Notice on Adjusting the Housing Provident Fund Policy", clearly relaxing the policy of identifying the number of housing units and implementing the identification standard of "only recognizing loans but not recognizing houses". There is no record of housing provident fund loans and no outstanding housing commercial loans, which shall be implemented according to the first home loan policy; If there are records of settled housing provident fund loans or unsettled housing commercial loans, they shall be implemented according to the second home loan policy, and the loan records shall be subject to the credit report, except for the third home loan. Cancel the restriction that the interval between two housing provident fund loans must be 12 months or more; Give policy support to high-level talents who hold Tianfu Cai Ying A, B and C cards, and the specific measures shall be formulated separately. The adjustment policy will be implemented from June 65438+1October 65438+July 2022, with a validity period of three years.

Previously, Beihai issued a new policy to adjust provident fund loans, becoming the first city in China to reduce the down payment ratio since 2022.

In this regard, Yan Yuejin, research director of the think tank center of Yiju Research Institute, believes that by the end of 20021,Beihai's destocking cycle will be 23.7 months, and it is generally in a city with relatively difficult destocking. After the release of the New Deal, the down payment ratio of provident fund loans in Beihai City was reduced from 60% to 40%, which objectively significantly reduced the down payment pressure of such buyers and was conducive to the local demand for improved housing.

The speed of commercial loans has accelerated.

According to a survey conducted by china securities journal reporter, since 2022, the issuance speed of commercial loans for house purchase has greatly increased compared with the second half of 20021. Take Beijing as an example. At present, the lending cycle of commercial loans of most branches in Beijing has been shortened to less than 1 month.

Some bankers told the china securities journal that banks generally have the practice of "lending at the end of the year and depositing at the end of the year", and releasing the loan quota as early as possible at the beginning of the year is conducive to ensuring the bank's annual profits.

Following the RRR cut at the end of 20021,the five-year or longer LPR closely related to mortgage loans has also been lowered.

65438+1 On October 20th, the People's Bank of China authorized the National Interbank Funding Center to publish the latest loan market quotation,1year LPR 3.7%, down10bp; ; The 5-year LPR is 4.6%, down 5 basis points.

Jaco believes that the downward adjustment of LPR will reduce the interest expense of personal mortgage, which will help some buyers who just need to wait and see, and to some extent, it will slightly boost the enthusiasm for buying houses. In addition, on the basis of the "three red lines", the financing difficulty and financing cost of the real estate development industry are expected to be reduced.

The introduction of the real estate provident fund loan policy is so much.