Can Jinan use the provident fund with a down payment ratio of 20%?

1. Can I use the provident fund for a down payment of 20% in Jinan?

If the first house provident fund is used and the apartment area is less than 90 square meters (inclusive), the down payment ratio of the loan shall be at least 20% of the total house price. If the building area is over 90 square meters, the minimum down payment shall be over 30%. To apply for provident fund loans, the following basic conditions shall be met:

Having full capacity for civil conduct;

2, provident fund deposit certificate (or housing provident fund card);

Identity cards, household registration books and proof of marital status of the applicant and spouse;

4. If the unit normally pays the housing provident fund for more than one year (inclusive), the employees must pay the housing provident fund for more than six months (inclusive), and the monthly deposit of the housing provident fund reaches the minimum monthly deposit announced by the CMC;

Workers can apply for loans within five years (inclusive) from the date of purchase, construction, renovation and overhaul of owner-occupied housing;

Employees who apply for loans for the first time and the second time are required to pay a down payment of more than 20% (inclusive) of the purchase price;

7 have a stable economic income, good personal credit and the ability to repay the principal and interest of the loan.

1. If the provident fund is used for the first time and the apartment area is less than 90 square meters (inclusive), the down payment ratio of the loan shall be at least 20% of the total house price. Loan provident fund housing area of 90 square meters or more, the minimum down payment of more than 30%;

Banks buy the first suite, and the minimum down payment for loans and mortgages must reach more than 30%;

20 17 down payment ratio of Jinan provident fund loans The minimum down payment ratio for employees' families (including couples) applying for individual housing provident fund loans is still 20%. For workers' families (including husband and wife) who own 1 set of self-owned housing (the area does not exceed 144 square meters) but have not settled the corresponding purchase price of loan housing provident fund, in order to improve their living conditions, they will apply for housing provident fund again to buy ordinary self-owned housing, and the minimum down payment ratio will be increased from 40% to 45%.

Two, Jinan housing provident fund loan rules

The loan amount of Jinan provident fund increased from 400,000 yuan to 500,000 yuan. At the same time, relax the household registration restrictions, so that one of the borrower, guarantor and spouse is Jinan household registration. In order to encourage the use of provident fund and simplify the procedures of provident fund loans, Jinan Provident Fund Management Center once again introduced measures to relax the requirements.

The maximum amount of personal housing provident fund loans has been raised from 400,000 yuan to 500,000 yuan (the maximum amount is 500,000 yuan in the sixth district of Jinan, and the maximum amount is 400,000 yuan in Zhangqiu, Pingyin, Jiyang and Shanghe). The longest loan period is 30 years, and the minimum down payment ratio is 20% of the total purchase price (including second-hand housing provident fund loans).

According to the loan of 500,000 yuan, the annual interest rate is 3.87% for 30 years, and the monthly payment is less than 2,400 yuan. It can meet people's demand for funds, and the repayment pressure will not be too great.

Relax the hukou conditions. It was originally stipulated that borrowers, spouses and guarantors of housing provident fund loans must meet the conditions of two Jinan hukou, but now it is adjusted to 1 Jinan hukou.

Provide services for shantytown renovation and reduce the loan deposit of the construction unit; For residents, simplify the procedures for shanty town workers to apply for housing provident fund loans.

When the construction unit of shantytown renovation project applies for individual housing provident fund loan, the management center will determine the loan guarantee within the range of 1% to 5% of the total loan according to its credit, qualification and housing provident fund loan business.

. The longest loan term shall not exceed 15 years. About 40% of the average family's total monthly income is used to calculate the repayment period; For those with strong repayment ability, the loan term can be shortened according to their own application; The loan term plus the borrower's age shall not exceed the statutory retirement age of the borrower. The borrower and the employer have established a normal relationship with the housing provident fund deposit management center, and the accumulated deposit has been 12 months or more at the time of loan, and the full deposit has been continuous for more than 6 months;

, with a legal purchase contract or agreement, the borrower must be the property owner agreed in the purchase contract; The houses purchased are commercial housing, affordable housing, unit fund-raising housing, housing reform housing and second-hand housing in Jinan area;

The down payment of more than 30% of the total price of the purchased house has been paid;

Third, Jinan housing provident fund loan policy

Legal subjectivity:

If the employees who have paid the provident fund for the first time use the provident fund loan to buy self-occupied housing in the six districts of the city, the maximum loanable amount will be increased from 25 to 600,000. Employees who have paid personal provident fund will use provident fund loans to buy self-occupied houses in Zhangqiu, Pingyin, Jiyang and Shanghe, and the maximum loan amount will be increased from 200,000 to 250,000; If both husband and wife pay the provident fund, the maximum loan amount will be raised from 400,000 to 500,000. Change 2: calculation method of new loan amount: balance of provident fund account of borrower * * * balance of provident fund account of the same borrower) 15 Method 2: loanable amount of provident fund borrower or * * loanable amount of provident fund of the same borrower = monthly deposit base of provident fund 12 loan period 50% continuous deposit time coefficient change 3: provident fund purchases without provident fund loans, but within three years after obtaining valid purchase certificate. Change 4: simplify the extraction of employee provident fund. As long as you pay the provident fund in full for three consecutive months and provide proof that you have no property rights under your name, you can withdraw the provident fund under your name to pay the rent. Change 5: You can apply for housing provident fund loans in different places, and employees who pay the provident fund in different places can change 6: Employees who can withdraw the provident fund to pay the property fee can withdraw the provident fund once a year, but the maximum withdrawal amount per person per year is 1000 yuan.

Legal objectivity:

"Regulations on the Management of Housing Provident Fund" Article 24 If an employee has any of the following circumstances, he can withdraw the storage balance in the employee's housing provident fund account: (1) purchasing residential housing; (2) retirement; (three) completely lose the ability to work, and terminate the labor relationship with the unit; (4) Having left the country to settle down; (5) Repaying the principal and interest of the house purchase loan; (six) the rent exceeds the prescribed proportion of family wage income. In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If the legatee dies or is declared dead, the storage balance in the employee housing provident fund account may be withdrawn; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.

Four, Jinan provident fund loan policy

Notice on adjusting some housing provident fund loan policies

In order to promote the high-quality development of the real estate market in Jinan, give full play to the guarantee role of the housing provident fund system, and maintain the consistency of the down payment ratio policy for second-home commercial loans and provident fund loans, the minimum down payment ratio for second-home personal housing provident fund loans is now adjusted as follows:

First, buy a second set of ordinary self-occupied housing in the administrative area of Jinan to apply for housing provident fund loans, and the minimum down payment ratio will be adjusted from 60% to 40%.

Two. The implementation of the policy shall be based on the time when the house is signed online, and it will take effect on August 15, 2022.

Jinan Housing Provident Fund Center? August 2022 12

How to handle the provident fund loan?

If customers want to apply for provident fund loans, they can directly bring the down payment receipt and personal ID card, local residence certificate (household registration book or temporary residence permit), income certificate such as bank running water, provident fund deposit certificate and other materials to the business hall of the local housing provident fund management center to find the counter staff to apply for loans, and then get the application form to fill in.

After the form is filled out, it will be handed over to the staff together with the information brought. After the staff collates the information, the audit department will conduct an audit according to the information. If it passes the preliminary examination, it will issue a notice of mortgage review and evaluation.

Then the customer goes to the designated appraisal institution, which evaluates the value of the house and issues an appraisal report. Then, the client takes the evaluation report and preliminary examination materials to the housing provident fund management center for final review. After the final review, the housing provident fund management center will issue a notice of entrusted loan investigation.

After that, the customer will go through the guarantee formalities with the Notice of Investigation on Entrusted Loan Guaranteed by Housing Provident Fund Management Center, sign a loan contract with the entrusted bank, and go through the registration of real estate mortgage. Finally, the entrusted bank lends money.