Interpretation of Beijing Provident Fund New Deal

The 19th plenary session of Beijing Housing Provident Fund Management Committee approved that Beijing Housing Provident Fund Management Center adjusted its loan policy. This policy adjustment will be implemented on September 17, 218. If the loan application has been submitted or the online signing has been completed before September 17, 218, it will still be implemented according to the pre-adjustment policy.

First, adjust the thinking:

1. Adhere to the policy nature of housing provident fund loans, and focus on supporting paid workers' families who purchase the first home and use personal housing loans for the first time;

2. Differentiate loans, make them fairer, and refine the down payment ratio requirements;

3. Improve risk prevention from three aspects: adjusting loan term, repayment amount and guarantee method;

4. Optimize the loan management process, streamline the loan application materials, slim down the loan files, and handle the loan repayment nearby.

II. Important changes:

1. When applying for housing provident fund loans, "both the house and the loan are recognized", and "loan recognition" means that there is no housing loan record (including commercial loans and provident fund loans) in the name of the family buying houses nationwide and there is no housing in this city, which is handled according to the first home loan policy; Anyone who does not belong to the first suite and is approved as a second suite shall be handled according to the second suite loan policy. If it is approved that there are two or more houses, the loan will not be granted, and if it is a record of house purchase loan in other places, it will also be considered as having a loan record.

2. The down payment for ordinary houses starts from 35% and the down payment for two sets of non-ordinary houses starts from 8%

According to the current commercial loan policy, the down payment ratio has been adjusted. That is, the down payment ratio of the first set of ordinary housing is not less than 35%, and the down payment ratio of the first set of non-ordinary housing is not less than 4%. The down payment ratio of the first set of housing for the purchase of policy housing such as * * * property houses shall not be less than 3%. If you purchase ordinary housing and it is a second house, the down payment ratio shall not be less than 6%, and the down payment ratio for purchasing non-ordinary housing shall not be less than 8%. In order to reflect the policy support for low-income families, the down payment ratio for the purchase of affordable housing is not less than 2%.

note: the down payment ratio of portfolio loans will not increase because of this. Originally, portfolio loans were based on the high principle, that is, if the down payment ratio of commercial loans is higher than that of provident fund loans, then the down payment ratio will be determined according to commercial loans. After the down payment ratio of provident fund loans and commercial loans is in line, the down payment ratio is the same. If it is not, the principle will be high, and the down payment ratio is the same as the original.

3. Loan amount: 1, yuan for each year of deposit of the provident fund

The differentiated loan policy is implemented, and the loan amount is linked to the deposit period of the housing provident fund of the borrower, that is, the provident fund can be loaned 1, yuan for each year, and if the deposit period is less than one whole year, the maximum loan amount can be 1.2 million yuan, and the maximum loan amount for the second home loan is lowered from 8, yuan to 6, yuan.

Note: If the loan applicant is married, the loan amount will be calculated by the spouse who has paid for a long time.

policy comment: the relevant person in charge of the provident fund center said that this move is to implement the national policy of "rent and purchase at the same time", and young people are not encouraged to buy a house just after they work, and then buy a house after they have accumulated a certain amount.

4. The longest loan period shall not exceed 65 years old, and the monthly repayment amount shall not exceed 6% of the monthly income.

The loan period shall be adjusted from the longest calculation to the borrower's 7th birthday, and in principle it shall not exceed 65 years old. If the loan applicant is married, the loan term shall be calculated by the longer of the husband and wife. This provident fund loan also adjusted the standard that the monthly repayment amount calculated by the equal principal and interest repayment method should not exceed 6% of the monthly income of the borrower, and determined the loan amount and loan term.

Policy comment: At present, the main families of provident fund loans are the post-8s and post-9s, and the post-7s are rare, especially the post-6s, so the adjustment of loan life has little impact on the families who buy houses. Adjusting the monthly repayment amount can more truly reflect the repayment ability of the borrower and reduce the repayment pressure of the borrower.

5. The loan amount for the household registration in East and West City to buy suburban houses can be increased by 2, yuan

Both husband and wife are registered in East and West City, and the maximum loan amount can be increased by 2, yuan if they buy the first house outside the six districts of the city (Dongcheng, Xicheng, Chaoyang, Haidian, Fengtai and Shijingshan), or by 1, yuan if only one of them is registered in East and West City.

6. Streamline loan application materials and archival materials

You don't need to submit a copy of your ID card and household registration book when applying for a loan. When accepting an application for a provident fund loan, you only need to keep the original house purchase contract (if it is inconvenient to provide the original, please provide a copy) and the original Certificate of Use of Housing Provident Fund Deposit for Employees with Foreign Loans. The remaining loan application materials, such as household registration books and ID cards, shall be kept in electronic image files after verification. It is no longer necessary to submit a paper copy.

after the approval, the number of loan contracts signed between the loan applicant and the management center has also been reduced from four to three, with one kept by the loan applicant, the bank entrusted with the loan and the management center respectively.

Note: When the borrower handles the repayment business and changes the deduction account, he can go to the housing provident fund loan center and suburban management department under the management center as needed.

iii. original policy

click to view the original policy.