What does it take to buy a house in Kunming

Choosing a property; Home buyers who want to get mortgage services for their homes should focus on this aspect when choosing a property.

Processing mortgage loan application; after confirming that the property they have chosen is supported by the bank's mortgage, home buyers should find out from the bank or the bank's designated legal institution about the bank's regulations on home buyers' access to mortgage loan support, prepare the relevant legal documents, and fill in the Mortgage Loan Application Form.

Bank review; bank acceptance of home buyers loan application, to be from the civil subject qualification, creditworthiness, repayment of foreigners to buy a house in Kunming need conditions:1, household registration. Foreigners to buy a house in Kunming, must be more than one year in Kunming City, the tax certificate or paid social security certificate, this certificate has more than one year of record(2).2, 30% down payment for the first suite, 60% down payment for the second suite, the third suite and above, shall not be allowed to loan.3, foreigners to buy a house in Kunming, the proportion of the down payment is greater than the commercial loan, and is not limited to the public provident fund loan.4, non-local household registration can not buy a house in Kunming.5, the first suite is not allowed to buy a house in Kunming, the first suite is not allowed to purchase a house. Loan object

1, Kunming Housing Provident Fund borrowers must be in the administrative area of Kunming City, continuous full normal contribution to the Housing Provident Fund contributor family (including the borrower applicant, spouse and minor children), in the city to buy, build, renovate, overhaul the owner-occupied housing; 2, foreign housing provident fund in the province of Yunnan Province, Kunming, outside of the administrative area of the foreign housing provident fund management center for continuous Full normal payment of housing provident fund and domicile in the city's administrative region of the depositor's family, in the city's administrative region of the purchase of housing, can apply to the municipal housing provident fund center for provident fund loans. 3, housing provident fund loans for the purchase of the first set of owner-occupied housing or the second set of improvement of ordinary owner-occupied housing for the deposited employees.

Loan amount and calculation formula

Loan amount 1, not higher than the prescribed proportion of the contract price or taxable amount of the filed contract (agreement), and calculated according to the lower of the two; 2, not higher than the maximum limit of a single loan determined; the employee's loan amount is determined according to the actual needs of the home and the family's ability to repay the loan in a comprehensive manner, and the final loan amount shall not exceed the maximum limit of the city's housing provident fund individual The final loan amount shall not exceed the maximum limit of the housing fund individual loan in the city. Kunming city paid provident fund dual-income families, both sides of the normal contribution to the provident fund, the maximum loan amount of 500,000 yuan, one side of the normal contribution to the provident fund, the maximum loan amount of 300,000 yuan. 3, not higher than the loan limit determined based on the borrower applicant and his spouse, property rights **** someone to repay the loan capacity calculations;