What are the requirements for housing age with provident fund loans?

Nowadays, the pressure on young people to buy a house is increasing. In many cases, they still need their parents' support to realize their dream of buying a house. Many young people save money and work hard to buy a house. At this time, if they have provident fund to buy a house, it will definitely be easier, but provident fund loans also have requirements for housing age. Next, Xiaobian will introduce you to the requirements of provident fund loans for housing age.

what are the requirements for housing age for provident fund loans?

if it is a provincial provident fund, it is required that the combined housing age and the loan period of provident fund should not exceed 4 years, the total loan amount should not exceed 5% of the total house price, and it must be within the loanable amount. For houses with a housing age of more than 2 years, the down payment should not be less than 6%.

Relationship between loan period and housing age:

1. Banking policy, banks have requirements for the loan period, usually not exceeding 3 years. Some banks have shortened the maximum loan period, such as Beijing, and the maximum loan period for second homes has been shortened to 25 years.

2. The borrower's repayment ability, how many years he can borrow, is also closely related to his repayment ability. When reviewing the borrower's income, the bank should make sure that the income is enough to repay the monthly mortgage, and the relationship between the monthly mortgage payment and the income is: monthly mortgage payment ≤ monthly income X5%.

3. The age of the borrower and the longest period of provident fund loan: municipal: 7- the age of the older couple, state management: 69- the age of the older couple.

4. The age of the house is generally within 3 years; Calculation of the longest loan period: the loan period is 5 (there are differences among banks). Some banks stipulate that the loan period should not exceed 3 years, some stipulate that it should not exceed 4 years, and some stipulate that it should not exceed 5 years.

conclusion of xiaobian: the above content is about the requirements of provident fund loans for housing age. I hope I can help you. I believe that after the above contents are passed, what requirements do you have for housing age for provident fund loans? If you have more understanding, you can also refer to it if there is demand in the future.

what is the age range of provident fund loans?

the housing age of provident fund loans is within 25 years.

Lenders applying for housing provident fund loans need to submit a written application to the bank, fill in the application form for housing provident fund loans, and

truthfully provide the following information:

Proof of housing provident fund deposit of the applicant and spouse, proof of identity of the applicant and spouse,

refers to valid proof documents such as valid residence certificates such as resident identity card, permanent residence booklet, proof of marital status, proof of stable family income and other creditor's rights and debts that affect repayment ability.

provident fund loans refer to loans enjoyed by employees who have paid housing provident fund. According to the state regulations, all employees who have paid housing provident fund can apply for individual housing provident fund loans according to the relevant provisions of provident fund loans.

provident fund loans refer to individual housing provident fund loans, which are housing mortgage loans issued by housing provident fund management centers in various places, using the housing provident fund paid by employees who apply for provident fund loans, and entrusting commercial banks to housing provident fund depositors who purchase, build, renovate or overhaul their own houses and retired employees who paid housing provident fund during their working life. In accordance with the provisions, employees who have paid the housing provident fund for a certain period of time or more (the period varies from city to city, such as Changsha for more than 12 months) may apply for provident fund loans when the funds for the purchase, construction, renovation and overhaul of their own houses are insufficient.

The loan conditions are as follows: the employees in the unit have signed labor contracts for more than three years (or signed one-year labor contracts for three consecutive years); Normal continuous monthly housing provident fund deposit for more than a certain period of time; Not exceeding the statutory retirement age; The borrower has a stable economic income and the ability to repay the principal and interest; The borrower agrees to handle housing mortgage registration and insurance; Provide the guarantee method agreed by the local housing fund management center and its sub-centers; At the same time, submit relevant documents required by the bank, such as purchase contract or house pre-sale contract, house property certificate, land use certificate, proof of deposit of provident fund, etc.

loan conditions

1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans.

2. Those who participate in the housing provident fund system must also meet the following conditions in order to apply for housing provident fund personal housing loan: that is, the housing provident fund must be continuously paid for at least six months before applying for the loan. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it shows that his income is unstable and he is prone to risks after issuing loans.

3. If one spouse has applied for a housing provident fund loan, neither spouse can get another housing provident fund loan before paying off the principal and interest of the loan. Because, the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of employees' families.

4. When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and the ability to repay the loan, and there are no other debts that have not been paid off and may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is very risky to give housing provident fund loans, which violates the principle of safe operation of housing provident fund.

5. The maximum loan period of provident fund shall not exceed 3 years. For portfolio loans, the loan terms of provident fund loans and commercial housing loans must be the same.

duration of provident fund loan

provident fund loan does not require the age of first-hand houses, but it does require the age of second-hand houses. The specific requirements are as follows: 1. The age of second-hand houses is less than 5 years (inclusive), and the longest term of provident fund loans is no more than 3 years; 2. The age of the second-hand house is 6 to 19 years, and the longest term of the provident fund loan shall not exceed the difference between 35 years and the age of the house; 3. The age of the second-hand house is more than 2 years (inclusive), and the longest term of the provident fund loan is not more than 15 years. Generally, banks stipulate that the service life of the housing to apply for loans should be within 15 years, and the loan amount generally ranges from 5% to 8% of the real estate assessment amount, which is mainly determined according to your personal credit situation. "Regulations on the Management of Housing Provident Fund" Article 24 Employees may withdraw the storage balance in their housing provident fund accounts under any of the following circumstances: (1) purchasing, building, renovating or overhauling their own houses; (2) Retired; (three) completely lose the ability to work, and terminate the labor relationship with the unit; (4) Having left the country to settle down; (five) to repay the principal and interest of the house loan; (six) the rent exceeds the prescribed proportion of family wage income. In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account will be included in the value-added income of the housing provident fund.

Let's stop here for the introduction of the age limit for provident fund loans.