Letter of credit clause
I. Personal housing loans
Loan target: Workers' families who normally deposit housing provident fund in cities and towns of this city and buy self-occupied housing.
Application conditions:
1, with urban permanent residence;
2. Deposit the housing provident fund normally 6 months before applying for a loan;
3. The borrower's family has no outstanding housing provident fund debt.
Two, individuals to buy affordable housing loans
Loan target:
Workers' families who normally pay housing provident fund and buy affordable housing in this city. In addition to the borrower, the borrower's spouse and the owner of affordable housing should be regarded as borrowers; The affordable housing other than the immediate blood relatives of the borrower and the property owner is the same as the applicant, and can be used as the same borrower with my consent. * * * The borrower shall meet the application conditions for housing provident fund loans at the same time.
Application conditions:
Meet the conditions for purchasing affordable housing in this Municipality, have signed the Pre-sale Contract of Affordable Housing in Shanghai, and meet the following loan application conditions:
1, with urban permanent residence;
2. Deposit the housing provident fund normally 6 months before applying for a loan;
3. The borrower's family has no outstanding housing provident fund debt.
Three, personal construction, renovation, overhaul extraction of housing provident fund loans
Loan target: Workers' families who normally pay housing provident fund, meet the conditions of construction, renovation and overhaul, and own their own houses.
Application conditions:
1, with urban permanent residence;
2. Deposit the housing provident fund normally 6 months before applying for a loan;
3. The borrower's family has no outstanding housing provident fund debt;
4. Construction and renovation of owner-occupied housing shall provide the construction project planning permit issued by the municipal and district planning departments (sporadic). Housing renovation in shanty towns should provide approval documents such as supervision and repair orders issued by the real estate department of this Municipality;
5, new construction, renovation and overhaul of self-occupied housing self-raised funds not less than 30% of the total project cost;
6, signed with the construction unit construction, renovation, overhaul occupied housing project contract;
7. If the loan applicant cannot directly mortgage the house to the guarantee institution, it shall provide phased guarantee.
Fourth, restrict loan conditions.
Did not participate in the housing provident fund system;
Continuous deposit of housing provident fund for less than six months before applying for a loan;
One of the husband and wife has applied for housing provident fund loans, and neither husband nor wife can obtain housing provident fund loans before paying off the principal and interest of the loans;
When applying for a housing provident fund loan, the loan applicant still has other outstanding debts that may affect the repayment ability of the housing provident fund loan;
Loan process
1 lender needs to submit a written application for housing provident fund loan to the bank, fill in the application form for housing provident fund loan and truthfully provide the required information;
2. For the loan application with complete information, the bank will accept and review it in time and submit it to Shanghai Provident Fund Center in time; Shanghai Provident Fund Center is responsible for approving loans and informing banks of the approval results in a timely manner;
The bank informs the applicant to go through the loan formalities according to the examination and approval results of the provident fund center, and the borrower and his wife sign a loan contract and related contracts or agreements with the bank, and send the loan contract and other formalities to the provident fund center for examination and approval. After the approval of the provident fund center, the entrusted bank will allocate the entrusted loan funds, and the entrusted bank will issue the loan in full and on time according to the loan contract.
Where mortgage is used as a guarantee, the borrower shall go through the mortgage registration formalities with the property right management department in the area 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.
5 related suggestions:
Shanghai second-hand housing provident fund loan process
Other loan processes such as Shanghai affordable housing
Latest 20 14 Shanghai Housing Provident Fund Personal Loan Policy
Loan materials
Shanghai provident fund yishoufang provident fund loan materials
Shanghai provident fund second-hand housing loan materials
Shanghai provident fund housing loan materials
Loan amount/interest rate
Provident fund loan interest rate
According to the Notice of the People's Bank of China on Lowering the Benchmark Interest Rate of RMB Loans and Deposits of Financial Institutions to Further Promote the Reform of Interest Rate Marketization (Yinfa [2065438+04] No.348), the relevant matters concerning the adjustment of deposit and loan interest rates of housing provident fund in this Municipality are hereby notified as follows:
1.20 14,165438+1from October 22nd, the deposit interest rate of individual housing provident fund will be lowered. The deposit interest rate of individual housing provident fund collected in that year remained unchanged at 0.35%; The deposit interest rate of individual housing provident fund carried forward last year was lowered from 2.60% to 2.35%.
2. From 2014165438+122, the interest rate of individual housing provident fund loans will be lowered. The interest rate of individual housing provident fund loans for more than five years is lowered from 4.50% to 4.25%; The interest rate of individual housing provident fund loans for five years or less was lowered from 4.00% to 3.75%.
Personal housing provident fund loans issued after1October 22, 2004 (including165438+1October 22) shall be implemented in accordance with the provisions of this notice. Unexpired individual housing provident fund loans issued before 20 1 14 years122 months shall be implemented according to the provisions of this notice from June 2015+/kloc-0 years.
III. Starting from 20 14 1 1.22, the loan interest rate of the pilot project of housing provident fund supporting the construction of affordable housing in this Municipality will rise by 10% according to the five-year personal housing provident fund loan interest rate.
More recommendations:
The latest Shanghai housing provident fund loan policy announcement: loan amount and interest rate
Latest Notice of Shanghai Housing Provident Fund Deposit and Loan Interest Rate 20 14
First-hand housing loan amount and term
Second-hand housing loan amount and duration
Detailed explanation of calculation formula of provident fund loan amount
How to share the provident fund with netizens is the most cost-effective loan?
Loan repayment
Normal repayment methods and rules
Ways of drawing housing provident fund to repay the loan (hereinafter referred to as "repayment"):
1. One-time repayment method (hereinafter referred to as "annual repayment")-a way to withdraw the balance of housing provident fund at one time to repay the loan balance, recalculate the monthly repayment amount, and continue to make monthly repayment.
2. Monthly repayment method (referred to as "monthly repayment method")-a method of directly extracting the principal and interest of the current month's housing loan from the borrower's housing provident fund account.
Using a one-time repayment method, customers can only withdraw the housing provident fund once a year to repay the loan; With the monthly repayment method, customers can withdraw the housing provident fund every month to repay the principal and interest of the housing loan in the current month. When the amount of housing provident fund withdrawn is insufficient, the borrower shall make up the repayment amount in time. Withdrawing housing provident fund can also repay commercial housing loans. The repayment time is announced by Shanghai Provident Fund Management Center.
Prepayment procedure
Repayment of housing provident fund loans in advance
Scope of application: One year after the issuance of the housing provident fund loan, the borrower may apply to repay the personal loan principal and interest of the housing provident fund in advance, and the borrower shall repay part of the loan principal and interest of the housing provident fund, and the repayment amount shall not be less than 6 months' loan principal and interest.
Location: Housing Provident Fund Loan Lending Bank.
Required information: The borrower needs to provide his/her ID card, the latest repayment voucher, loan repayment card discount, etc.
Time limit for processing: make an appointment with the loan bank in advance, the application materials are complete and meet the processing conditions, and the processing period does not exceed 3 working days.
Precautions:
1. If the borrower applies to repay all the balance of the housing provident fund loan in advance, it is not limited by the lending time;
2. The borrower repays the housing provident fund loan in advance without paying liquidated damages.
Advance repayment process
1. After one year of normal repayment, if partial prepayment is required, you should bring the ID card of the main lender, the latest statement, the repayment account (and deposit it in cash) and the original loan contract to the original loan bank for application;
2. According to the different requirements of the loan bank, the customer can apply for an appointment by phone or in writing according to the contact number and address on the bank statement mailed by the bank, and directly handle some prepayment procedures according to the appointment time.