Shanghai provident fund loan 1.2 million conditions

A, Shanghai CPF loan 1.2 million conditions

Shanghai CPF loan 1.2 million conditions are:

1. must be husband and wife, and both of them are normal CPF contributions, so that the CPF balance can be added to the calculation, and then based on the CPF balance of the loan amount will be greater;

2. Both husband and wife have contributed to the Supplementary Provident Fund (SPF) because the contribution amount will be bigger;

3. Good credit, if your credit is poor, the bank may also give you a lower loan amount, so keep good credit;

4. Neither you nor your spouse has a property in your name, and the first suite you buy using the SPF loan.

Satisfying the above conditions can almost lend a very high loan amount, but to lend up to 1.2 million yuan, you need to contribute a very large balance of provident fund and your monthly income

Provident fund loan refers to the personal housing provident fund loans, is the local housing provident fund management centers, the use of applying for a provident fund loan of the housing provident fund paid by the employee, commissioned by commercial banks to the

An active employee who has contributed to a housing fund for a certain period of time (the period varies from city to city, e.g., Changsha is more than 12 months) can apply for a loan when he or she has insufficient funds for the purchase, construction, renovation or overhaul of his or her own home.

The conditions for the loan are: units of active employees signed labor contracts for more than 3 years (or 3 consecutive years signed a period of 1 consecutive monthly contributions to the housing fund for a certain period of time or more; the amount of money people have a stable economic income; the borrower agrees to apply for the registration of housing mortgages and insurance; to provide the heart and the subordinate sub-centers agreed to the form of guarantee; and at the same time to submit the same or the bank requirements of the housing presale contract, the certificate of property rights of the house, Land use certificate, proof of payment of provident fund, etc..

Loan conditions

1. Only employees who are eligible to apply for a housing fund are not eligible to apply for a housing fund loan

2. Those who participate in the housing fund system should apply to meet the following conditions: i.e., apply for a loan before the continuous payment of housing fund for a period of not less than six months. Because, if the employee's behavior of contributing to the housing provident fund is irregular and intermittent, it means that his income is unstable, and it is easy to generate risk after granting the loan.

3. One of the spouses has applied for a housing provident fund loan, and until he or she has repaid the principal and interest of the loan, neither spouse can get another housing provident fund loan is to meet the basic needs of the employee's family housing when the financial support provided,.

4. Loan applicants must have a more stable financial income and the ability to repay the loan, in addition to the loan applicant must have a more stable financial income and the ability to repay the loan, there is no outstanding amount of a larger amount, which may affect the ability to repay the housing provident fund loan of other debts.

When an employee has other debts, granting a housing fund loan is risky and goes against the principle of safe operation of the housing fund.

5. The maximum term of the PF loan is 30 years. If you are applying for a combination loan, the loan period of the CPF loan and the commercial housing loan must be the same.

2. What is the policy on provident fund loans for foreign couples buying houses in Shanghai?

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Both of the 2 people must have Shanghai provident fund, continuous uninterrupted payment for more than 6 months.

Social security to be uninterrupted for more than 2 years

No need for a residence permit

There is also to do the home loan before going to pull down a personal credit report

Three, couples can be provident fund loans in Shanghai how much

Shanghai Provident Fund Loan Amount: The maximum loan for the first set of housing is 1 million yuan (the maximum loan amount per person is 500,000 yuan), the maximum loan amount for families with supplementary provident fund is 1.2 million yuan (the maximum loan amount per person is 600,000 yuan). The maximum loan amount for a second improved home is a flat $800,000 (maximum loan amount per person is $400,000), and the maximum loan amount for a family with a Supplementary Provident Fund is a flat $1 million (maximum loan amount per person is $500,000). The loan amount must also meet the following conditions at the same time: 1. No higher than the loan limit determined in accordance with the multiples of the stored balance of the Housing Provident Fund account of the borrower and the *** same borrower (30 times the balance of the Housing Provident Fund and 10 times the balance of the Supplementary Housing Provident Fund); 2. No higher than the loan limit determined in accordance with the ratio of the total price of the house; and 3. No higher than the loan limit determined in accordance with the ability to repay the loan, as computed by the following formula: Borrower's salary base for calculating monthly housing provident fund contribution x prescribed ratio (40%) x 12 months x loan period (years); 4. Not higher than the maximum loan amount. For further information, you may contact BOC loan branches for details. The above content is for your reference, please refer to the actual business regulations. If you have any questions, please feel free to contact Bank of China online customer service. You are cordially invited to download and use Bank of China Mobile Banking APP or BOC Cross-border GOAPP to handle related business.

Four, Shanghai provident fund couples loan 1 million conditions?

The conditions for a husband and wife to be eligible for a full 1 million loan from a provident fund are that the customer's family has no record of provident fund loans and has no home in Shanghai, that the husband and wife are contributing to a provident fund, that the amount of the monthly contribution is more than 980, and that the balance of the provident fund is more than 16,667 yuan each, so that they can be credited with a full 1 million loan or that the husband and wife, apart from contributing to a monthly payment of 980, have a supplementary provident fund, and that their balance of the fund is more than 17,000 yuan. Both in more than 17,000, Shanghai has a suite, per capita not more than 36.1 ping, or has a loan record, such a situation can also be loaned full 1 million