1. The borrower holds legal identity documents and has full capacity for civil conduct; 2. The borrower and his spouse have good credit records and meet the auditing standards for provident fund loans; 3 have a stable economic income and the ability to repay the principal and interest of provident fund loans on time; 4. There is a real purchase behavior, and the purchase behavior generally occurs within one year, except for housing commercial loans to housing provident fund loans; The ownership of the purchased house is clear, the procedures are legal and complete, and there is no law; 5. There are no outstanding provident fund loans; 6. Agree to mortgage the purchased houses with loans, or provide guarantees in the form recognized by the management center, such as government bonds, bank deposit certificates, securities, etc. Article 9 of the Regulations on the Management of Housing Provident Fund: The Housing Provident Fund Management Committee shall perform the following duties in the management of housing provident fund: (1) Formulate and adjust specific measures for the management of housing provident fund according to relevant laws, regulations and policies, and supervise the implementation; (two) according to the provisions of article eighteenth of this Ordinance, formulate the specific deposit ratio of housing provident fund; (three) to determine the maximum loan amount of housing provident fund; (four) approval of housing provident fund collection and use plan; (five) to consider the housing provident fund value-added income distribution plan; (six) to examine and approve the report on the implementation of the plan for the collection and use of housing provident fund.
What are the conditions for Wuhan to apply for provident fund loans to buy a house?
Many people want to buy a house, but considering the financial problems, they often want to apply for provident fund loans to buy a house. This not only makes full use of provident fund loans, but also saves some costs for property buyers to some extent. So what conditions do borrowers need to apply for provident fund loans to buy a house in Wuhan?
Since you want to apply for a loan to buy a house in Wuhan, first of all, employees who need to pay the housing provident fund in full in Wuhan for 6 months or more can apply for provident fund loans or portfolio loans when buying a house from their own homes.
Basic conditions for Wuhan to apply for provident fund loan to buy a house;
(1) Borrower's personal ID card;
(2) Require borrowers and their spouses to have good personal credit records and meet the auditing standards for provident fund loans;
(3) The borrower has stable income and good repayment ability;
(4) What is needed is the real purchase behavior, the ownership of the house purchased by the borrower is clear, the procedures are legal and complete, and there is no law;
(5) The borrower has no outstanding provident fund loan;
(6) The borrower agrees to provide guarantee by mortgage loan of the purchased house or in the form recognized by the management center such as national debt.
In Wuhan, many borrowers are not only concerned about whether they can successfully apply for housing provident fund loans, but also about the expected annualized interest rate of housing provident fund loans. In Wuhan, if the term of the housing provident fund loan applied by the borrower is 1-5 years, and if the term of the housing provident fund loan applied by the borrower is 6-30 years, the expected annualized interest rate is twice that of the housing provident fund loan in the same period.
I think it is good to apply for a housing provident fund loan to buy a house, but it is also important to choose a suitable 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.
Wuhan provident fund loan 900,000 conditions
(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.
What are the requirements for Wuhan provident fund loans?
Wuhan provident fund loan requirements are as follows:
1. There is nothing unusual in the credit investigation.
2. A stable income can repay the loan.
3. The personal debt ratio is not high.
4. The status of the provident fund account is normal.
5. The balance of the provident fund account is sufficient.
6. The customer paid enough down payment.
7. Eligible to buy a house.
8. There can be no outstanding provident fund loans in the name.
9. The provident fund shall be continuously deposited for at least 6 months.
10, which cannot exceed the upper limit of loan amount.
The upper limit of Wuhan provident fund loan is 700,000. Of course, this does not mean that all provident fund users can apply for a loan of 700,000 yuan. Only when the customer's provident fund account balance and deposit base meet the relevant standards can they apply for a loan of 700,000 yuan.
If the customer feels that the loan amount of 700,000 provident fund is not enough, then they need to find ways to increase the down payment ratio, which requires the customer's economic ability. Of course, they can also choose a smaller house, so that the total house price is not so high. Finally, you can also choose portfolio loans to make up for the shortage of provident fund loans with commercial loans.
What are the loan conditions of Wuhan off-site provident fund?
Legal analysis: 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.
Handling methods of provident fund and commercial portfolio loans,
Apply to the city housing fund management center for individual housing portfolio loans.
1. Provide corresponding loan information according to the requirements of the bank.
2. After the loan is approved, the municipal housing fund management center shall fill in the Notice of Entrusted Investigation.
4. The lender fills in the Application Form for Individual Housing Loan.
5. Sign a portfolio loan contract.
6. Issuing housing loans.
7. Repay the principal and interest of the entrusted loan for policy personal housing guarantee and the loan for commercial personal housing guarantee.
Provident fund is a measure to promote the reform of housing system in China, which is shared by the state, the collective and the individual to solve the housing difficulties of employees. 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. According to the regulations, all employees who have paid the provident fund have the right to enjoy such loans and can apply for provident fund loans in accordance with the relevant provisions of provident fund loans.
Legal basis: Article 26 of the Regulations on the Management of Housing Provident Fund in People's Republic of China (PRC) stipulates that employees who have paid housing provident fund can apply for housing provident fund loans from 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.
The introduction of Wuhan provident fund loan conditions and Wuhan provident fund loan conditions and limits ends here. I wonder if you have found the information you need?