New policy of provident fund loan in 2022

Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. Can be used to buy a house, decorate, rent a house, etc. , and the amount paid by individuals and units generally does not exceed 15% of wages. Using provident fund loans to buy a house is cheaper than commercial loans. Buying a house by loan is rising with the change of people's consumption concept. Advance future income improves the actual payment ability. Compared with commercial loans, provident fund loans have absolute advantages in interest. Property buyers and their units can apply for housing provident fund loans if they have paid housing provident fund for not less than six months in a row or not less than two years in total.

Housing provident fund loan conditions:

1. time of deposit: the applicant must establish a housing provident fund account for more than 12 months (inclusive), and at the same time meet the requirements of full and normal deposit of provident fund for a certain period of time. Some regions require 6 months (inclusive), and some regions require 12 months (inclusive), which will vary from place to place.

2. Lender's age: the sum of the lender's age and the loan period is less than 70 years old;

3. The applicant has full capacity for civil conduct, the ability to repay the principal and interest of the loan, and the credit status is good;

4. The applicant has paid the down payment for the house purchase as required;

5. The applicant provides a guarantee that meets the requirements of these Provisions;

6. The applicant and the applicant meet the requirements of national, provincial and municipal real estate market management policies;

7. Meet other conditions stipulated by the provident fund management committee.

Article 5 of the Regulations on the Management of Housing Provident Fund stipulates that the housing provident fund shall be used for the purchase, construction, renovation and overhaul of owner-occupied houses by employees, and no unit or individual may use it for other purposes.

Sixth, the deposit and loan interest rate of housing provident fund was proposed by the People's Bank of China. After consulting the construction administrative department of the State Council, it was reported to the State Council for approval.

Seventh, the administrative department of construction in the State Council, together with the financial department of the State Council and the People's Bank of China, formulated the housing provident fund policy and supervised its implementation.

The construction administrative departments of the people's governments of provinces and autonomous regions shall, jointly with the financial departments at the same level and the branches of the People's Bank of China, be responsible for supervising the implementation of the regulations and policies on housing provident fund management within their respective administrative areas.