How to use the housing provident fund to buy a house? What is the difference between him and the housing loan of commercial banks?

Housing provident fund loans belong to national policy loans. Workers who normally fulfill the obligation of housing provident fund deposit within the administrative area of Jinan City can apply for housing provident fund loans in accordance with the principle of overpaying and underpaying when purchasing commercial housing, affordable housing, unit-funded housing, housing reform housing and secondary market housing. The characteristics of housing provident fund loans are: First, the interest rate is low. Taking the loan of 400,000 yuan with a term of 30 years as an example, compared with the commercial bank loan calculated at the benchmark interest rate, the interest can be saved by182,858.24 yuan; Second, home insurance volunteers, the above examples can save insurance premiums of about 3,200 yuan; Third, during the loan period, the balance of housing provident fund can be withdrawn once a year to repay the loan principal and interest; Fourth, the procedure is simple, and it will be settled within 10 working days (except for second-hand housing loans); Fifth, it is convenient to handle and entrust it to all financial institutions that are qualified to handle personal housing loan business. Loan outlets are all over the city/kloc-more than 230 outlets of 6 banks.

First, the loan object and conditions

1. The loan object should be a natural person with full civil capacity;

2. Have Jinan urban hukou or valid residence status;

3. Have a stable occupation and income, good credit, and the ability to repay the principal and interest on time;

4. By the time of the loan, the borrower has continuously paid the housing provident fund for more than 6 months;

5. There is a legal purchase contract or agreement;

6. The down payment of more than 20% of the total price of the purchased house has been paid;

7. Agree to use the purchased house as collateral or securities as pledge.

Second, the loan amount

The loan amount of housing provident fund is not higher than 400,000 yuan per household, the minimum loan amount is not lower than 1 10,000 yuan, and it is not higher than 80% of the total price of purchased commercial housing or the appraised price of second-hand housing.

There are two formulas for calculating the loan amount of housing provident fund, with the higher one as the maximum amount of the borrower:

1. Loan amount of provident fund = sum of monthly contributions of borrowers and participants to provident fund ÷ contribution ratio × 12 months × loan period ×40%.

2. Provident fund loan amount = 15 times the borrower and the balance of the borrower's provident fund account.

Third, the loan term.

The longest loan period of housing provident fund shall not exceed 30 years, and the longest loan period plus the borrower's age shall not exceed 5 years after the borrower's statutory retirement age. The sum of the age of second-hand houses and the loan period shall not exceed 50 years.

Fourth, the loan interest rate.

According to the regulations of the People's Bank of China, the current effective interest rate is: the annual interest rate for loans with a term of less than five years (inclusive) is 3.5 1%, and the annual interest rate for loans with a term of more than five years is 4.05%.

Verb (abbreviation of verb) loan repayment method

1. If the loan term is within 1 year (inclusive), the principal and interest shall be repaid in one lump sum.

2. If the loan term exceeds 1 year, equal principal and interest repayment or average capital repayment shall be adopted.

Six, commercial housing provident fund loans should provide materials

1. The borrower and the original and photocopy of the borrower's resident identity card and household registration book (* * * with repayment and guarantor) and * * * with repayment commitment letter;

2. Proof of marital status (if married, provide a copy of marriage certificate, and other information shall be issued by the unit or police station);

3. Legal commercial housing purchase contract or agreement;

4. Personal credit certificate provided by the borrower's unit;

5. Effective proof that the borrower has paid no less than 20% of the purchase price;

6. Effective guarantee certificate.

The auction house of housing provident fund loan must have complete "five certificates", the developer must have signed a mortgage agreement with the entrusted bank, and the borrower must go through the loan preliminary examination procedures through the entrusted bank that signed the mortgage agreement with the developer.

Seven, the second-hand housing provident fund loans should provide materials.

If the second-hand house is handled with the existing house as the mortgage guarantee, the following information shall be supplemented on the basis of providing the information in Article 6:

1. Copy of the Seller's ID card;

2. Original and photocopy of the real estate license;

3. An assessment report issued by an assessment agency recognized by the management center;

4. The mortgage registration certificate of Jinan real estate transaction department.

Second-hand housing provident fund loans can be handled at any entrusted bank.

Eight, the unit to apply for housing provident fund loans should provide materials.

Units to raise funds for housing by the unit to the provident fund management center centralized provident fund loan procedures, and provide the following information:

1. Approved by the Development Planning Commission;

2. State-owned land use certificate;

3. Construction project planning permit;

4. Construction land planning permit;

5. Construction permit for construction project.

After the materials are approved, the provident fund management center and the fund-raising housing unit shall sign an agreement or guarantee contract in accordance with the relevant provisions of the Security Law. Units to raise funds to build houses, must hold personal loan related information, directly to the provident fund management center for centralized management. The management center entrusts the agent bank to handle the loan procedures.

Nine, housing provident fund loan insurance

In order to reduce the financial burden of borrowers, the purchase insurance of housing provident fund loans is decided by the borrowers themselves.

Ten, provident fund loan mortgage registration

Personal housing provident fund mortgage registration procedures can be directly handled in the registration center of Jinan Real Estate Administration.

Eleven, provident fund loan application location and telephone number.

Management Center: Heihuquan North Road 187, and the loan consultation telephone number is 86561971;

Enquiry telephone number of provident fund balance: 8656 1933.

China Construction Bank Qi Jing Road Sub-branch, loan consultation tel: 87905966.

The business department of the head office of the commercial bank, the loan consultation telephone number is 82095034.

Baotuquan Sub-branch of China Industrial and Commercial Bank, loan consultation telephone number: 82760166-8121.

China Everbright Bank Shizhong Sub-branch, loan consultation telephone number: 86 155827.

China Agricultural Bank Luoyuan Sub-branch, loan consultation telephone number: 87920756.

Business Department of Industrial Bank Branch, loan consultation telephone number: 83 198502.

Bank of China City Sub-branch, loan consultation telephone number: 8605 1848.

Business Department of Shenzhen Development Bank Branch, loan consultation telephone number: 8266 18 18.

Bank of Communications City Sub-branch, loan consultation telephone number: 86 106220.

Minsheng Bank Branch Business Department, loan consultation telephone number: 86 12 1644.

Shanghai Pudong Development Bank Branch Business Department, loan consultation telephone number: 8655686 1.

Hengfeng bank Branch Sales Department, loan consultation telephone number: 83 193738.

CITIC Bank Branch Business Department, loan consultation telephone number: 85 180276.

Business Department of China Merchants Bank Branch, loan consultation telephone number: 86050620

Huaxia bank branch business department, loan consultation telephone number: 8202494 1.

"Housing provident fund loan conditions relaxed" 2009-03-24

Recently, Jinan Housing Provident Fund Management Center issued a new housing provident fund loan policy, mainly to simplify the loan procedures for workers in shantytown renovation and resettlement houses, adjust the amount of housing provident fund loans, and relax the household registration conditions of lenders. The policy will be implemented on March 20, 2009.

In order to better play the role of housing provident fund in housing security, implement the central task of "ensuring growth, people's livelihood and transportation" in our city, and effectively increase support for shantytown renovation and workers' improvement of living conditions, our city further relaxes the relevant conditions and policies for housing provident fund loans:

First, for the transformation of shanty towns: for the construction unit, the loan deposit was reduced; For residents, simplify the procedures for shantytown workers to apply for housing provident fund loans.

When the construction unit of shantytown renovation project applies for individual housing provident fund loan, Jinan Housing Provident Fund Management Center can determine the loan guarantee within the range of 1% to 5% of the total loan according to its credit standing, qualification and housing provident fund loan business.

The procedure of applying for housing provident fund loan for employees who have been relocated from shanty towns is as follows: The Agreement on Relocation and Resettlement of Urban Public Housing in Jinan signed by the borrower (the relocated person) and the demolition management department replaces the purchase contract and the down payment receipt; By Jinan City Old City Reconstruction Investment Operation Co., Ltd. (or other construction units) to provide phased guarantee, or use other real estate as collateral; Other materials that need to be provided shall be implemented according to the current regulations of the management center.

Second, increase the loan amount. The maximum amount of personal housing provident fund loans has been raised from 400,000 yuan to 500,000 yuan (the maximum amount is 500,000 yuan in the sixth district of Jinan, and the maximum amount is 400,000 yuan in Zhangqiu, Pingyin, Jiyang and Shanghe). The longest loan period is 30 years, and the minimum down payment ratio is 20% of the total purchase price (including second-hand housing provident fund loans).

Third, relax the hukou conditions. It was originally stipulated that borrowers, spouses and guarantors of housing provident fund loans must meet the conditions of two Jinan hukou, but now it is adjusted to 1 Jinan hukou.