1. Implementation Rules for Provident Fund Loans for Affordable Housing in Shanghai

Is Provident Fund Loan for Affordable Housing in Shanghai feasible? What is the difference between the Shanghai provident fund loan for affordable housing and the general commercial housing provident fund loan operation process? Today I will give you a detailed list of the implementation details of Shanghai's affordable housing provident fund loan. I believe that after reading it, you will not have any more problems. Similar questions.

Shanghai has issued provident fund loan details for the purchase of affordable housing, stipulating that borrowers must meet the conditions for applying for affordable housing and provident fund loans, and the down payment ratio for the borrower’s spouse and the borrower’s affordable housing loan must not be less than 20%. Maximum loan amount per household

Shanghai’s Practical Rules for Provident Fund Loans for Affordable Housing

Article 1 (Purpose and Basis) In order to speed up the construction of Shanghai’s housing security system and improve the city’s low- and middle-income The ability of employees to purchase affordable housing shall be determined in accordance with relevant national laws and regulations and the "Shanghai Housing Provident Fund Individual House Purchase Loan Management Measures" (Hu Fu Fa [1999] No. 27) and the "Shanghai Trial Measures for the Management of Economically Affordable Housing" (Shanghai Fu Fa [1999] No. 27) According to the relevant provisions of the Notice [2009] No. 29), these implementation rules are specially formulated.

Article 2 (Definition) The “housing provident fund loans” (hereinafter referred to as “housing provident fund affordable housing loans”) referred to in these implementation rules refer to those who meet the conditions for purchasing affordable housing and are eligible to apply for housing provident fund affordable housing. A borrower who meets the loan conditions uses a housing provident fund loan to purchase an affordable housing and uses the mortgage of the housing as a counter-guaranteed housing provident fund loan.

Article 3 (Loan Application Conditions) Borrower Conditions:

(1) Meet the conditions and have pre-sale (sale) contract in accordance with the relevant conditions";

< p>(2) Meet the conditions for current housing provident fund personal home purchase loans.

Article 4 (***Same as Borrower) In order to improve the purchase of affordable housing, in addition to family members, the borrower’s spouse and the owner of the affordable housing *** shall be eligible for housing provident fund affordable housing loans. **Applicants for affordable housing who are not the same borrowers and property owners may serve as the **borrower for housing provident fund affordable housing loans with their consent. ***Both borrowers should also qualify for housing provident fund loans

Article 5 (Determination of Loan Amount) Calculation of housing provident fund affordable housing loan amount for each household and ***Loan amount calculated separately for same borrowers The amount is determined based on the application amount of the borrower and the same borrower and the current loan limit standards. The amount of the housing provident fund affordable housing loan for each household shall simultaneously comply with

(1) shall not be higher than the loan limit determined by the borrower, *** and the borrower based on multiples of the balance of their respective housing provident fund accounts;

(2) 20% of the down payment price;

(3) Not higher than the loan limit determined based on the repayment ability. The calculation formula is: the borrower, *** and the borrower calculate the housing provident fund monthly payment base salary × prescribed ratio × 12 months × loan term;

(4) not higher than the maximum loan Quota. The maximum loan limit for housing provident fund affordable housing per household is 600,000 yuan.

Article 6 (Supplementary Repayer) When a borrower of a housing provident fund affordable housing loan encounters repayment difficulties, the borrower and *** the borrower may apply to the Shanghai Provident Fund Management Center (hereinafter referred to as " Municipal Provident Fund Center") submitted an application to add supplementary repayers. The scope of supplementary repayers includes: the borrower’s parents, children, brothers and sisters. With the consent of the supplementary repayer, approval by the Municipal Provident Fund Center, and signing of the relevant supplementary agreement, the balance of the housing provident fund deposited by him or her can be used exclusively for the repayment of housing provident fund affordable housing loans.

Article 7 (Provision of Materials) When a borrower applies for a housing provident fund affordable housing loan, in addition to the materials required for current loan applications, the borrower should also provide the "Shanghai Affordable Housing Pre-Sale Contract" (original).

If you apply to add a supplementary repayer for a housing provident fund affordable housing loan, you should also provide the supplementary repayer’s housing provident fund account number, ID card (original) and proof of relationship with the borrower.

Article 8 (Loan Acceptance Unit) The district and county management departments affiliated with the Municipal Provident Fund Center, the housing provident fund online loan system, and the handling outlets of the guarantee institutions entrusted by the Municipal Provident Fund Center to undertake the housing provident fund personal loan business can all accept applications. Application and processing of housing provident fund affordable housing loans in this city.

Article 9 (Review of Loans) The acceptance and review of housing provident fund affordable housing loans shall follow the following steps:

(1) The loan acceptance unit shall review the borrower’s housing provident fund affordable housing loan application materials .

(2) The loan acceptance unit shall complete the review within 2 working days after the borrower submits all the loan application materials.

(3) If the loan is approved, the loan acceptance unit shall notify the borrower to go through the signing procedures and issue a "Loan Notice" to the trustee bank, and the trustee bank will handle the loan procedures; if the loan is not approved, the applicant shall be informed Loan applicants and return materials.

(4) If the borrower has objections to the loan acceptance result, he or she can apply to the Municipal Provident Fund Center for reconsideration through the loan acceptance unit.

Article 10 (Contract Signing) The borrower and the borrower, the trustee bank, the guarantor, etc. shall sign the "Shanghai Housing Provident Fund Guaranteed Loan Contract for Individual Purchase of Economically Affordable Housing" in the form of a face-to-face signature. The person signing the contract must have full civil capacity.

Article 11 (Loan Guarantee) The housing provident fund affordable housing loan adopts the guarantee guarantee method. The guarantee institution serves as the joint and several liability guarantor for repaying the loan. The borrower and *** the borrower shall guarantee the purchased affordable housing. The property rights are fully mortgaged to the guarantee institution as counter-guarantee.

Article 12 (Loan Risk Prevention) Loan acceptance units should strictly follow the above regulations to conduct housing provident fund affordable housing loan review; loan management departments should strengthen pre-loan, loan, and post-loan management and supervision; loans Guarantee institutions should do a good job in loan guarantee and loan follow-up work according to the requirements of business entrustment.

Article 13 (Withdrawal before Loan) After the borrower has paid more than 20% of the total price of the affordable housing purchased, he or she may apply to the Municipal Provident Fund Center to withdraw funds for himself and himself and those who meet the conditions** *The storage balance in the housing provident fund account of the withdrawer is used to pay for affordable housing purchases other than loans. After withdrawal, a certain balance should be left in the borrower's housing provident fund account to ensure that the calculation of the affordable housing loan limit of the borrower's housing provident fund is not affected.

Article 14 (Other matters) _ Matters not covered in these implementation rules shall be implemented in accordance with the relevant regulations on housing provident fund loans in this city and the terms of the "Shanghai Housing Provident Fund Individual Purchase of Affordable Housing Guarantee Loan Contract".

Article 15 (Organization and Implementation) _The Municipal Provident Fund Management Center is responsible for interpreting and organizing the implementation of these implementation rules.

Article 16 (Implementation Time) _These Implementation Rules shall come into effect on the date of promulgation, and the "Shanghai Housing Provident Fund Implementation Rules for Individual Purchase of Affordable Housing Loans (Trial)" shall be abolished at the same time.

Shanghai Housing Provident Fund Management Committee

(The above answer was published on 2013-01-31, please refer to the actual relevant current home purchase policies)

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2. Can provident fund loans be applied for affordable houses?

Provident fund loans can be applied for affordable houses. As long as the applicant's housing provident fund payment meets one of the following conditions, he or she is qualified to apply for a housing provident fund loan: 1. The applicant has established a housing provident fund account for more than 12 months (inclusive), and at the same time, paid the housing provident fund in full and normally for 12 months (inclusive) Inclusive) and above and are in deposit status when applying for a loan. 2. The applicant’s unit has been approved by the management center and is in a deferred payment status, but he/she has established a housing provident fund account for more than 12 months (inclusive) and has paid and deposited the housing provident fund in full and normally for more than 12 months (inclusive). 3. The loan applicant is a retired employee who paid housing provident fund during his employment. Note: 1. The above-mentioned normal payment includes monthly continuous payment, prepayment and back payment of housing provident fund. 2. The time conditions for establishing a housing provident fund account and the time conditions for paying housing provident fund must be met at the same time. 3. Repayment cannot advance the time for establishing a housing provident fund account. 4. Borrower applicants who purchase policy housing are no longer subject to the time limit for depositing housing provident funds in Beijing. You only need to meet the conditions for establishing a housing provident fund account and being in a deposit status to apply for a housing provident fund loan.

3. Can provident fund loans be used for affordable housing?

Yes. Pay attention to Article 4 in the prompt! Currently, as long as the applicant’s housing provident fund payment meets one of the following conditions, he or she is eligible to apply for a housing provident fund loan: (1) The housing provident fund account has been established for more than 12 months (inclusive), and at the same time , the housing provident fund has been paid in full and normally for more than 12 months (inclusive) and is in the deposit status when applying for a loan; (2) The applicant's unit is in the deferred payment status after approval by the management center, but I am satisfied with the establishment of 12 housing provident fund accounts months (inclusive) or more, and the housing provident fund has been paid in full and normally for more than 12 months (inclusive); (3) The loan applicant is a retired employee who has paid housing provident fund during his employment.