The housing accumulation fund shall be implemented for all employees of administrative organs, enterprises and institutions, including foreign-invested enterprises, towns and private enterprises. Dedicated to the purchase, construction and overhaul of housing for individual employees. When the personal housing loan applied for is insufficient to pay the purchase price, the insufficient part can apply for a commercial loan from the bank. The application for provident fund mortgage loan is accepted by the municipal housing fund management center and the designated undertaking bank.
Application conditions
Workers who have participated in the payment of housing provident fund and paid it continuously.
There is a certificate of the borrower's fixed income issued by the employer.
Each household can only enjoy this loan once.
The housing purchased by the borrower must be poverty-stricken housing, affordable housing, ordinary housing with pre-sale permit of commercial housing and secondary market housing.
There is a procurement contract or agreement that meets the legal requirements.
(a) have more than 30% of the funds needed to buy self-occupied housing, and use it as the down payment for buying a house (buying a first-hand house)
(b) The purchased property is located in Fuzhou, and the down payment (not less than 40% of the appraised price) has been deposited in the designated bank account (for purchasing second-hand houses).
7. Have permanent residence or valid residence status in this city.
Loan amount, term and interest rate
The maximum loan amount per household is 6,543,800 yuan+0.2 million yuan, and the loan amount is adjusted with the growth of housing accumulation fund stock.
The longest loan period is 30 years, and the loan period plus the borrower's age cannot exceed the statutory retirement age.
The loan term is 4. 14% for less than 5 years and 4.59% for more than 5 years. Repay the loan principal and interest in equal amount every month.
Repayment method
The principal and interest of provident fund loans are repaid in equal amount every month. The borrower shall repay the principal and interest of the loan at the loan bank every month according to the provisions of the loan contract, or the entrusting unit shall withhold it from the salary every month and transfer it to the loan undertaking bank. After the loan principal and interest are paid off, the mortgage registration cancellation formalities shall be handled.
operation sequence/order
A. buy a first-hand house
The borrower goes to Fuzhou Housing Provident Fund Management Center to collect and fill in the application form-the provident fund center examines the loan qualification (5 working days)-the undertaking bank examines the loan safety (20 working days)-the undertaking bank signs the loan contract and mortgage contract with the borrower and the sales unit respectively-the borrower applies for mortgage registration and real estate insurance-the undertaking bank lends money-the buyer repays the loan-and the account is settled.
B. Buy a second-hand house
The applicant signs a real estate sales contract with the seller and applies to the intermediary company-the intermediary company collects all the information and cooperates with the applicant to go through the formalities in the bank-the fund center examines the loan qualification-the undertaking bank examines the loan safety, and issues a loan commitment letter to the buyer, the seller and the intermediary company-the appraisal agency confirms that real estate assessment-the borrower handles the loan, signs the mortgage contract and insures the real estate-the intermediary company is responsible for handling the formalities of real estate transfer and mortgage registration, and submits other warrants.
Information to be provided by the applicant
When applying, the application form must be certified and stamped by the work unit and submitted: