Open the door to foreign loans
The housing provident fund of nine cities (states) in Jilin Province is universal, and employees can use provident fund loans to buy houses in different places.
Provident fund is omnipotent, and employees benefit a lot. Assistant reporter Wei Li photo
"When can Changchun provident fund loans be handled in different places?" Mr. Zhang recently called to inquire. Recently, the reporter learned from the strategic cooperation meeting of housing provident fund in nine cities (prefectures) of Jilin Province that from 65438+February 65438+February, all employees who have paid housing provident fund normally can use housing provident fund loans if they intend to buy houses in different places in the province. In other words, from now on, employees in Changchun, Jilin, Yanbian, Tonghua, Siping, Liaoyuan, Baicheng, Baishan and Songyuan in our province are not limited to buying houses in different places. The launch of this policy not only innovated the personal loan model of housing provident fund, but also expanded the benefit range of employee provident fund loans in the province.
Improve loan services
More employees benefit.
In the past, provident fund loans in the province were only suitable for local employees to buy houses with loans, which limited the demand of buyers who wanted to use provident fund loans in other regions. It is reported that with the development of the province's economy, personnel exchanges and economic and cultural exchanges between cities have become increasingly close, and the demand for employees to buy houses in different places has become increasingly prominent. In order to further implement the State Council's Regulations on the Management of Housing Provident Fund, the recent national guiding opinions on expanding domestic demand and promoting stable and rapid economic development, and the opinions of the provincial government on improving people's housing conditions and promoting the healthy development of the real estate market, at the initiative of Changchun Housing Provident Fund Management Center, nine cities (states) in the province signed a cooperation agreement on housing provident fund loans in different places.
The common policy of urban provident fund in the province is implemented in only a few provinces in China, and our province has always been at the forefront of the country. Relevant persons from Changchun Housing Provident Fund Management Center introduced that the introduction of this policy has improved the provident fund loan service in our province and expanded the scope of benefits for employees in the province.
The market pulling effect remains to be seen.
"The introduction of this policy will definitely promote the stable development of employee housing consumption and the real estate market, but the specific impact is still unclear." Relevant personnel of the management center said that no matter whether the new policy will fundamentally stimulate the real estate market turnover, it will be more convenient for employees to buy houses in different places in the future and the source of funds will be more secure.
After learning that this policy has been implemented, Mr. Zhang was very happy to tell reporters that his family lived in Baishan and worked in Changchun for five years, and the unit has been paying the housing provident fund for him. This time, he wants to buy a house for his parents in his hometown so that the two old people can enjoy their old age. "My wife and I are also working-class. Using provident fund loans can save some money and solve many problems. " The reporter interviewed several citizens at random. Mr. Wang said that he has relatives living in Tonghua, and now the real estate market has a downward trend. Mr. Wang's relatives want to take advantage of the New Deal to buy houses in Changchun frequently. I heard that the provident fund can be loaned in different places. Mr. Wang, who is helping to look at the house, revealed that as long as the house is suitable, relatives will definitely use the provident fund loan to buy a house. Workers in the province can not only buy commercial housing with loans from different places, but also buy affordable housing if they meet the requirements.
It is reported that borrowers applying for provident fund loans in different places should be implemented in accordance with the regulations of the place where the house is purchased. Current interest rate regulations of Changchun Housing Provident Fund Management Center:
1.From June 27th, 2008, the interest rate of individual housing provident fund loans for less than five years (including five years) was lowered by 0.54 percentage point, the annual interest rate was lowered from 4.05% to 3.5 1%, the interest rate of provident fund loans for more than five years was lowered by 0.54 percentage point, and the annual interest rate was lowered from 4.59%.
2. If the loan term is less than one year, the loan interest rate shall be implemented according to the interest rate agreed in the loan contract and shall not be adjusted with the change of the bank deposit and loan interest rate; If the loan term is more than one year, and the interest rate is adjusted, and the loan has been repaid before the interest rate adjustment date, the new interest rate will be implemented from June 65438+ 10/next year according to the regulations of the People's Bank of China.
Handling off-site loans is divided into three steps.
The first step is that the borrower applies to the housing provident fund management center where the housing provident fund is deposited, and the deposit center will review the borrower. If the borrower passes the examination, he shall issue a certificate of housing provident fund deposit to the purchase center.
The second step, when the borrower applies for a loan in a different place, he must provide the following information to the center where the house is purchased: the loan application form. Identity cards and household registration certificates of borrowers and their spouses. Housing provident fund deposit certificate. Proof of stable economic income. Purchase contract, paid house payment and other related purchase information. Other materials required by the procurement center.
Step 3: After receiving the borrower's application, the house purchasing center will examine whether the borrower has the loan conditions. If the borrower passes the examination, he can sign a loan contract and go through the mortgage, guarantee and other related procedures in accordance with the relevant provisions of the house purchase center. After the house purchase center has passed the examination, it will notify the entrusted bank to issue loans.
(Reporter Wei Yan Assistant Reporter Zhang Xiaoming)
Cut interest rates sharply
Early repayment is not necessarily cost-effective.
It's been half a month since the last interest rate cut, and citizens who have already applied for loans are waiting for the news that banks have adjusted their mortgages, hoping to enjoy the preferential policy of interest rate cut. So at this time, more people may not choose to repay in advance. However, according to the reporter's understanding, the number of prepayments of some banks in Changchun has not decreased. Relevant personnel said that some citizens still think that early repayment is more cost-effective, so they have made an early repayment plan according to their actual situation.
Mr. Fang told reporters that he bought a house with a loan in early 2007. At that time, due to insufficient funds, he could not pay in full, so he chose to borrow money to buy a house. Now, he has saved a sum of money and intends to repay it in advance. However, it is generally believed that prepayment is in the period of raising interest rates and is currently in the stage of reducing interest rates. Why did Mr. Fang prepay? It turns out that he has his own opinion. Mr. Fang said that although the interest rate was cut, the loan still had to be repaid, and the deposit interest rate was greatly reduced. It is not cost-effective to deposit money in the bank, and he is not good at investing. It is better to repay in advance and end the life of house slaves as soon as possible.
Matching principal and interest loan:
The first half of repayment is cost-effective
In the interest rate cut stage, which buyers are suitable for early repayment? The reporter interviewed Sun, the chief account manager of Ward Personal Finance Department of Bank of Communications Changchun Branch.
Manager Sun believes that, first of all, it must be clear that there is still an uncertain time whether repaying the loan in advance is beneficial to the lender, and there is great uncertainty in the future interest rate policy changes. For example, last year, the Bank of China continuously raised interest rates, raised deposit and loan interest rates and the central bank's deposit reserve ratio, but this year it continuously cut interest rates. There is no clear yes or no whether to repay the loan in advance. "I think repaying the loan in advance is more suitable for the period when the expected interest rate rises, more precisely, it is more suitable for the situation that the medium and long-term interest rate rises relative to the expected loan cycle of the lender."
Now that the interest rate is lowered, isn't it uneconomical for Mr. Fang to plan to repay in advance? Manager Sun emphasized that repaying the loan in advance should be a very personalized problem, which should be determined according to the specific capital turnover of the lender, the lender's risk preference, risk tolerance and the nature of the loan, so as to make a more reasonable arrangement. For example, for customers with matching principal and interest loans, most of the repayments in previous years were bank interest. If the interest has been basically paid off, it is meaningless to repay in advance. Therefore, it is cost-effective to repay the principal and interest in the first half of the repayment period.
Provident fund loan:
You can also repay in advance.
The reporter learned from the personal loan office of China Bank that citizens who apply for housing provident fund can also repay in advance. If partial prepayment is adopted, there are only three repayment opportunities, each repayment amount is more than 65,438+10,000 yuan, and the third repayment must be paid off. Regarding whether it is necessary to pay liquidated damages for early repayment, the relevant personnel said that there is no need to pay liquidated damages for some early repayments, and some liquidated damages may be charged for all early repayments, which shall be implemented in accordance with the purchase contract.