Can provident funds be withdrawn from the second house in Guangzhou?

Can provident fund loans be used for second homes in Guangzhou?

1. Whether provident fund loans are available for second homes in Guangzhou depends on the circumstances. In the first case, if the Provident Fund loan applied for for the first house has been settled, then the Provident Fund loan can be applied for for the second house. In the second case, the provident fund loan applied for for the first home has not been settled. At this time, you can no longer apply for a provident fund loan. In the third case, if the first house is purchased with a commercial loan or full payment, you can apply for a provident fund loan for the second house.

2. In addition, to apply for a Guangzhou Provident Fund loan, you must meet the loan conditions stipulated by the Guangzhou Housing Provident Fund Center.

For more information about whether you can get a provident fund loan for a second home in Guangzhou, go to: View more content Can you withdraw provident fund when buying a second home?

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I believe everyone knows that when buying a house, you can choose a provident fund loan, which will have a lower interest rate. So can I withdraw provident funds when buying a second home? What are the policies for provident fund loans for second homes? Next, the editor will introduce the relevant content to you, let’s take a look.

Can I withdraw provident funds when I buy a second home?

I can withdraw provident funds when I buy a second home, but certain conditions need to be met. After paying off the first housing provident fund loan and applying for a provident fund loan to purchase a second home, the borrower can withdraw the housing provident fund savings balance to repay the loan. After paying off the housing provident fund loan for the first house, the property owner can apply for withdrawing the housing provident fund within 6 months of the issuance of the property ownership certificate with the property ownership certificate, purchase contract and purchase invoice of the second housing.

What are the policies for provident fund loans for second homes?

1. In terms of the identification of first and second homes, the principle of providing provident fund loans in some places is to recognize the house but not the loan, that is, borrow money If a person does not own a house, it is considered the first one. For those who already have a house, the second house they buy counts as the second one. If you do not have a house locally, but have purchased a house with a loan elsewhere, and the loan has been paid off, then applying for a provident fund loan to buy an ordinary residence is considered your first home.

2. The down payment ratios for the first home and the second home are different. The down payment ratio for housing provident fund personal loans for first and second homes is 20%. At present, the interest rate for housing provident fund personal loans with a loan period of less than 5 years (inclusive) is 2.75%; the interest rate for loans over 5 years is 3.25%; and the loan interest rate for second homes is 1.1 times the benchmark interest rate.

3. The provident fund loan period has also been adjusted accordingly, from the original maximum period of 30 years to the maximum period of 25 years, which means that borrowers have greater monthly repayment pressure. .

Article summary: The above is what the editor introduces to you. Can you withdraw provident funds when buying a second home? And the policy on provident fund loans for second homes. I hope it can help friends in need.

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Nowadays, with the development of society, people's economic level has also improved, so they all want to buy a second house to improve their family's living environment. Today I want to share with you how to buy a second house. Can provident fund be withdrawn from a suite and the balance of the housing provident fund account can be withdrawn. Friends who want to know may wish to take a look with the editor!

1. Can provident funds be withdrawn when purchasing a second home?

1. Provident funds can be used to purchase a second home. For families that already own a house and have paid off the mortgage, when they use a housing provident fund loan to purchase a house, the minimum down payment required is 20% of the total price of the house.

2. For families that already own a house and have paid off the housing provident fund loan, when they use the housing provident fund again to purchase a second ordinary home, they should pay according to the second housing loan. According to the policy implementation, the minimum down payment required is 30% of the total price of the house, and the maximum loan amount does not exceed 800,000 yuan.

2. Situations in which the balance of the housing provident fund account can be withdrawn

1. The provident fund is withdrawn for the purchase, construction, renovation or overhaul of the owner's house;

2 , Retired or retired employees;

3. For those who have lost or completely lost their ability to work, and have terminated their labor relationship with the unit;

4. For those who immigrated to foreign countries, Hong Kong, and Macao , settled in Taiwan area;

5. Withdrawal of provident funds to repay the principal and interest of housing loans;

6. For urban residents in this city who enjoy the minimum living security range and used to pay rent ;

7. For employees who have been sentenced to prison terms during their employment, or who have not found a job within two years after their provident funds were transferred to a centralized storage account, or whose personal household registration has moved out of this city, Or employees with registered residence in other places resign and leave the city.

The editor summarizes: The above is what the editor has shared with you. Can provident funds be withdrawn when buying a second house and the balance of the housing provident fund account can be withdrawn. I believe that everyone will have a corresponding understanding after reading the above sharing. For more relevant information, please continue to pay attention to the Qijia.com website, and the editor will answer your questions one by one.

Enter the area and get a free decoration quote

Enter the area and get a free decoration quote