Buy a house

Second, how to borrow from the housing provident fund?

There is no such name as "housing accumulation fund", but the correct name is "housing accumulation fund". The process of handling housing accumulation fund is as follows: 1. The borrower needs to submit a written application to the bank, fill in the housing provident fund loan application form and provide relevant information truthfully. 2. For the loan application with complete information, the bank will accept the review in time and submit it to the provident fund center in time. 3, provident fund center is responsible for the examination and approval of loans, and timely notify the bank of the examination and approval results. 4. The bank shall notify the applicant to handle the loan formalities according to the examination and approval results of the provident fund center. The borrower and his wife sign a loan contract and related contracts or agreements with the bank, and send the loan contract and other procedures to the provident fund center for review. After the approval of the provident fund center, the entrusted funds will be allocated, and the entrusted bank will issue loans in full and on time according to the loan contract. 5. If the house is secured by mortgage, the borrower shall go through the mortgage registration formalities at the real estate management department where the house is located. If the mortgage contract or agreement is signed by both husband and wife and pledged by securities, the borrower shall hand over the securities to the management department or the joint center for safekeeping. How to borrow housing provident fund? Housing accumulation fund is a welfare system formulated by the state to ensure the housing of employees. Compared with commercial loans, it has the following advantages: first, the loan interest rate is incomparable: housing provident fund loans, as policy loans, are characterized by low interest rates. Judging from the current loans of more than five years, the annual interest rate of commercial loans is 6.55%, while the annual interest rate of housing provident fund loans is only 4.5%, a difference of 2.05 percentage points. Second, the loan ratio is high and the term is long: commercial loans can reach 70% of the house price, and buyers are under great down payment pressure. The housing provident fund loan can reach 80% of the house price, and the housing provident fund loan cycle is long, and the corresponding monthly repayment amount will be very small. The loan period of commercial loans can be 25 years, and most second-hand houses can only be loaned for 20 years; The term of provident fund loans can be as long as 30 years, and the monthly supply pressure is relatively reduced. 3. Flexibility of housing provident fund loan repayment: The flexibility of repayment is mainly reflected in that the borrower can arbitrarily determine the monthly repayment amount as long as the monthly repayment amount is not lower than the "minimum repayment amount". You need to check the specific regulations of your local provident fund management center for the amount of provident fund loans. Loan amount: 12 times the balance of the participating amount in the housing provident fund account of all applicants. Legal basis: The correspondent banks mentioned in Article 3 of the Measures refer to Dalian Branch of Industrial and Commercial Bank of China, Dalian Branch of China Construction Bank and Dalian Branch of Bank of Communications.

3. Can teachers use housing provident fund loans? If so, how much can I borrow?

As the relevant policies of different cities are different, do you have any specific regulations on provident fund loan business, application conditions and loan amount? I suggest you contact the local pre-loan department or provident fund management center by phone for confirmation.