Yes.

Loan conditions

1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans. Employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans.

2. Those who participate in the housing provident fund system must also meet the following conditions when applying for a housing provident fund personal home purchase loan: that is, they must have continuously paid and deposited the housing provident fund for no less than six months before applying for a loan. This is because if employees’ behavior of paying housing provident funds is abnormal and intermittent, it means that their income is unstable and risks will easily arise after the loans are issued.

3. If one spouse applies for a housing provident fund loan, neither spouse will be able to obtain a housing provident fund loan again before the spouse repays the principal and interest of the loan. Because housing provident fund loans are financial support provided to meet the basic housing needs of employee families, and are a type of "housing security" financial support.

4. When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and the ability to repay the loan, and must not have a large amount of outstanding debt that may affect the repayment of the housing provident fund loan. capacity for other debts. When employees are burdened with other debts, granting housing provident fund loans is very risky and violates the principle of safe operation of housing provident funds.

5. The maximum term of provident fund loans shall not exceed 30 years. When applying for a portfolio loan, the loan terms of the provident fund loan and the commercial housing loan must be consistent.

Extended information:

Loan procedures

①Policy consultation

Employees who have paid housing provident funds can go to Shanghai Housing to purchase a property Guarantee Co., Ltd. (hereinafter referred to as the guarantee company) consults to understand the objects, conditions and procedures of guaranteed loans, as well as the main loan guarantee amount, term and interest rate, etc.

At the same time, you can check your housing provident fund payment status with your ID card and personal provident fund account number to determine whether you meet the loan guarantee conditions and the maximum limit and minimum period of the loan guarantee. When a borrower applies for a loan, the guarantee company will provide the "Personal Housing Provident Fund Guaranteed Loan Application for House Purchase" for the borrower to fill out.

②Application Acceptance

If the loan applicant provides relevant information and meets the conditions for guaranteed loans after preliminary review by the guarantee company, the loan applicant shall submit the Guarantee Company's "Personal Housing Provident Fund Guaranteed Loan Acceptance for House Purchase" Pay the fee according to the fee list, and sign the "Individual Housing Provident Fund Guaranteed Loan Contract for House Purchase".

③Seal of the real estate company

The borrower asks the real estate company to stamp the "Personal Housing Provident Fund Purchase Guarantee Loan Contract", and the real estate company provides a periodic guarantee.

④Implement the repayment method

The borrower should go to the lending bank to apply for a repayment account with his/her ID card. If he already has a credit card, go to the bank to confirm the credit card repayment and sign an entrusted repayment agreement. protocol.

⑤Go through mortgage registration

The borrower applicant must go to the district or county real estate trading center where the house is purchased to handle the mortgage registration procedures with relevant information.

⑥Notify the bank to lend money

The borrower submits to the guarantee company the certificate of completion of the mortgage registration procedures and the "Personal Housing Provident Fund Purchase Guarantee Loan Contract" promised by all parties to the contract. Related information. After approval, the guarantee company will issue a "Loan Notice" to the lending bank to notify it of the loan.

⑦Collect personal information

After all procedures are completed, the guarantee company will notify the borrower to collect personal information.

Baidu Encyclopedia - Provident Fund Loan