Housing Conditions and Provident Fund Loans for Foreigners in Shanghai in 214

Conditions for foreigners to buy houses in Shanghai in 214

1. Pay social security for more than 2 years continuously in Shanghai.

2. Married.

214 provident fund loan conditions and process

I, Conditions for Shanghai's provident fund application

Normal and continuous deposit of housing provident fund in the city six months before applying for a loan

No less than 2% of the house purchase price paid by self-owned funds

Stable economic income and loan repayment ability

No outstanding debts that may affect the loan repayment ability

As long as the borrower meets the above conditions, he can qualify for housing provident fund loans without household registration restrictions

It is suggested that one spouse has applied for housing provident fund loans before repayment. Both spouses can't get housing provident fund loans until the principal and interest of the loan are paid off

Second, Shanghai provident fund loan amount

The maximum loan amount of housing provident fund for ordinary self-occupied housing

The first purchase

The improved housing with per capita area less than 33.4 square meters

The second purchase and non-improved housing

* In principle, a person in the first suite can lend 4 times of the balance of the basic provident fund account and 2 times of the housing provident fund, and the total amount of the two can not exceed 4,

The actual loan amount can be directly consulted at the counters of various outlets of Shanghai Housing Home Purchase Guarantee Center, and the results are authoritative and accurate

The loan period is 3 years for first-hand housing and second-hand housing loans, and 15 years for long-term second-hand housing loans

The interest rate for loans with a term of more than five years is 4.5%

III. , Shanghai provident fund loan processing flow

1. Apply for a pure provident fund loan at the Shanghai Housing Property Guarantee Company where the house is purchased

2. Go to the housing guarantee center one week later to sign the loan agreement. Both buyers and sellers must be present

3. It takes two weeks to wait for the approval. After the approval is passed, the main lender will be notified by SMS

4. Go to the real estate trading center to handle the property transfer within 1 working days after receiving the SMS notification

5. The real estate transaction center handles the mortgage registration procedures

6. The bank lends money to the seller

7. The data is settled. The property certificate and loan certificate sent by the guarantee center are received about days after the transfer date

4. Shanghai provident fund loan and repayment principle Although you can apply for a provident fund loan in the name of one person, the provident fund between husband and wife is tied up. Those who have participated in the loan cannot apply for a personal provident fund loan again before paying off the loan. Those who have participated in the loan cannot apply for a personal provident fund loan again before paying off the loan. The husband and wife are directly related. The provident fund can repay the loan of the provident fund

5. Provident fund loan fee

agency service fee is paid in one lump sum in 3 yuan

For the guarantee fee, see the charging standard of guarantee fee. The evaluation fee is calculated at .1% of the house evaluation price. If the loan amount of the second-hand house before 199 (inclusive) exceeds 3% of the total house price and the second-hand house after 199 exceeds 5% of the total house price, it needs to be evaluated by an evaluation company recognized by the handling institution.