This policy on the use of housing provident fund mainly adjusts the application conditions of some loans, the criteria for determining repayment ability, personal credit reporting and partial withdrawal policies. The conditions stipulated in the original policy for applying for housing provident fund loans, that is, the applicant has paid the housing provident fund continuously and normally for more than 6 months, the account status is normal, and the amount not paid recently is less than 4 months, should be adjusted to that the applicant has paid the housing provident fund continuously and normally 12 months or more (except for high-level talents and retired soldiers under 3 years).
After the adjustment of the application conditions for housing provident fund loans, the application threshold for housing provident fund loans has been raised, which can effectively adjust the application concentration of housing provident fund loans and ease the contradiction between supply and demand of funds. Employees whose deposit time is less than 1 year cannot apply for housing provident fund loans or portfolio loans temporarily.
According to the circular, when approving the housing provident fund loan, the monthly repayment amount of the housing provident fund loan calculated according to the longest repayment period and the selected repayment method shall not exceed 50% of the monthly income of the family. After the adjustment of repayment ability identification standard, housing provident fund loans and commercial housing loans of banks have the same repayment ability identification standard, which is conducive to preventing loans overdue risk of housing provident fund. This provision will not have a big impact on housing provident fund loans, but the maximum loan amount for families with low repayment ability will be slightly reduced.
It is worth noting that this provident fund use policy has also increased personal credit inquiry, requiring the housing provident fund loan approval department not to approve the issuance of housing provident fund loans to applicants (including spouses who apply for loans, the same below) who have had three consecutive or accumulated six bad personal credit records in the past two years, or who are under the "blacklist" management of Zhengzhou housing provident fund. The applicant and spouse agree and authorize the loan acceptance department to inquire about their personal credit records with the credit information system of the People's Bank of China. After the implementation of personal credit inquiry, if there is a serious bad record of personal credit, you will not be able to apply for housing provident fund loans.
At the same time, the "Notice" requires that those who purchase houses to withdraw housing provident fund can withdraw housing provident fund based on the purchase procedures or vouchers filed by the real estate transaction or real estate registration department, as well as the invoices and deed tax payment vouchers issued by the tax authorities within 2 years after the purchase. The total amount withdrawn should not exceed the amount paid at the time of purchase.
Before the settlement of the housing provident fund loan, the balance of the deposit account of the borrower (including the borrower who has issued the loan certificate in different places and handled the loan in other housing provident fund management institutions) and his spouse can only be used to repay the principal and interest of the housing provident fund loan, and shall not be withdrawn for other reasons.
The relevant person in charge of Zhengzhou Housing Provident Fund Management Center said that the purpose of adjusting part of the withdrawal policy is to moderately curb withdrawal, increase revenue and reduce expenditure, and better guarantee the capital demand for loan issuance. The adjustment of housing provident fund use policy has also made a more standardized statement on special group preferential policies, the determination of family monthly income and deposit account balance, the verification of application materials for loans in different places, and how to implement housing provident fund loan policies for portfolio loans.
Will the implementation of the new policy affect the use of housing provident fund loans by families who are buying houses?
In the new adjustment of housing provident fund use policy, the transition period of housing provident fund loan policy is 1 month, except that the withdrawal policy is implemented from the date of promulgation. After the end of the transition period, if a house purchase contract has been signed (subject to the filing of the housing management department) or the pre-trial (stock housing loan or portfolio loan) has been completed, you can continue to handle the corresponding loan business according to the original policy. Therefore, it will not affect the use of housing provident fund loans by families who are buying houses.
What impact does the new policy have on the withdrawal of employee housing provident fund?
After the implementation of the new adjustment of the housing provident fund use policy, if it is planned to withdraw the housing provident fund on the grounds of buying a house, if the purchase time is less than 2 years, it can continue to handle the withdrawal business on the grounds of buying a house, and if the purchase time is more than 2 years, it can no longer handle the withdrawal business on the grounds of buying the suite; For families with outstanding housing provident fund loans, both husband and wife can only handle the extraction business or entrust the extraction and return (repayment) business of housing provident fund loan principal and interest on the grounds of returning the housing provident fund loan principal and interest, and cannot handle the extraction business for other reasons.
What changes have the new policy brought to the application for housing provident fund loans?
After the implementation of the new adjustment of housing provident fund use policy, there are three main impacts on housing provident fund loans or portfolio loans: first, if the housing provident fund has been deposited for less than 12 months, it is necessary to suspend the application for housing provident fund loans (12 months later); The second is to reduce the maximum approval amount of housing provident fund loans for families with low repayment ability; Third, individuals with serious bad credit records will not be able to apply for housing provident fund loans.