How to take out a provident fund loan what is the amount of credit

A. How to get a CPF loan? What is the amount?

Process of provident fund loans: provident fund centers or trustee banks on the applicant's initial review; after the initial review, the bank will invite the applicant for an interview; if the review are in line with the provisions of the trustee bank to accept the loan application. The loan amount is the minimum of these three calculations: the loan amount determined in accordance with the borrower's ability to repay the loan; the maximum amount of personal loan specified; the maximum loan amount for the purchase of commercial housing does not exceed 80% of the total purchase price, and for the purchase of second-hand housing, the loan amount does not exceed 70% of the total purchase price.

Provident fund loan process:

1, the provident fund center or the trustee bank will first of all the applicant's loan conditions, declaration of information, the amount of application for the content of the authenticity of the preliminary examination and compliance.

2. After passing the preliminary examination, the bank will invite the applicant for an interview to further understand the applicant's use of the loan, willingness to repay the loan, ability to repay, etc., and establish a record of the interview.

3. If the audits are all in order, the trustee bank accepts the loan application.

The loan amount is the minimum of the following three calculations:

1. The loan amount determined according to the borrower's ability to repay the loan. The formula is: the borrower's monthly housing provident fund contributions ÷ the borrower's housing provident fund contribution ratio × individual repayment capacity factor (0.45%) × 12 (months) × actual loanable years. If both husband and wife contribute to the CPF and **** the same borrower, the loan amount will be the sum of the loan amount calculated separately for both husband and wife.

2. The maximum amount of personal loan stipulated. Currently, the maximum loan amount is 300,000 yuan for employees who have one party contributing to the housing fund, and 600,000 yuan for employees who have both husband and wife contributing to the housing fund.

3. The maximum loan amount for the purchase of a commercial property will not exceed 80% of the total purchase price, and for the purchase of a second-hand property, the loan amount will not exceed 70% of the total purchase price.

Two, CPF loan how to loan amount is how much

Public to 25 times, personal higher 400,000, husband and wife higher 800,000

Amount according to social security payments, loan

1, the borrower to apply for a housing fund loan need to go to the bank to submit a written application, fill out the housing fund loan application form and truthfully provide the following information:

(a) the applicant and spouse housing fund deposit certificate;

(b) the applicant and spouse identity card (refers to the resident identity card, permanent residence book and other valid residence documents), marital status documents;

(c) the family of the proof of a stable economic income and other debts and liabilities have a bearing on the ability to repay the loan certificate

(d) the purchase of housing contracts, agreements and other effective proof of documents

(e) used to guarantee the offset as well as the disposal of the right of the person agreed to mortgage, pledge proof of the valuation of the collateral issued by the relevant departments;

(f) the provident fund center requires by the Na guarantee fee, by the borrower, the lender and the third-party guarantor*** with the signing of the tripartite contract.

(vii) the provident fund center required to provide its

2, the complete information on the loan application, the bank timely acceptance of the review, and timely report to the provident fund center.

3, the provident fund center is responsible for the approval of the loan, and the approval results in a timely manner through

4, the bank according to the provident fund center approval of the results of the payer husband and wife and the bank signed a loan contract and related contracts or agreements, and the loan contract and other formalities sent to the provident fund center to review the provident fund center after approval that is allocated to the commissioned fund by the trustee bank according to the agreement of the loan contract on time and in full The trustee bank will disburse the loan in full and on time as agreed in the loan contract.

5, in order to pay the person to the housing located in the area of housing property management department to do the agreement signed by both husband and wife, to securities pledged, the borrower will be securities to the management of the management.

Housing fund loan refers to the housing fund management center by the local housing fund management center to use the employees to their units to pay the housing fund, commissioned by commercial banks to contribute to the housing in the employment of housing fund during the period of retired employees issued housing mortgage loans. Housing provident fund refers to the long-term housing reserves paid by employees of state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises. The housing provident fund contributed by the employee and the housing provident fund contributed by the employee's employer for the employee are personal reserves for housing consumption expenditure and belong to the employee. The balance of principal and interest will be paid in one lump sum when the employee retires, and will be returned to the employee.

Three, how much housing fund loans can be

(a) loan amount

housing fund individual housing loan personal maximum limit of 400,000 yuan, the individual loan amount for the housing fund account balance of 25 times;

husband and wife to participate in the loan, the deposited employees and their spouses can loan amount is calculated by adding up the individual loanable amount, and the total amount of a single housing provident fund individual housing loan shall not exceed two times the individual maximum limit.

(2) Loan-to-value ratio

When a contributing employee's family buys a first home, the maximum loan-to-value ratio of the housing fund personal housing loan is 80% of the value of the home purchased;

When a contributing employee's family buys a second home, the maximum loan-to-value ratio of the housing fund personal housing loan is 60% of the value of the home purchased.

(C) other amount of provisions

1. Contributing employees' families to buy the first set of second-hand housing, the maximum loan amount for the purchased second-hand housing appraisal value and the real estate registration agency for the record of the transaction amount of the lesser of the value of 80%;

Contributing employees' families to buy the second set of second-hand housing, the maximum loan amount for the purchased second-hand housing appraisal value and the real estate registration agency for the record of the transaction amount of 80%;

Contributing employees' families to buy the second set of second-hand housing, the maximum loan amount for the purchased second-hand housing appraisal value and the real estate registration

The maximum loan amount is 60% of the lower of the appraised value of the purchased second-hand home and the transaction amount recorded by the real estate registry;

The amount of the first-hand home replacement loan does not exceed the remaining principal balance of the original loan at the time of the application; the second-hand home replacement loan should be consistent with the first-hand home replacement loan and the second-hand mortgage loan loan loan amount of the loan.

2. The monthly debt of the contributing employee's family does not exceed 50% of the family's monthly income.