The application conditions for provident fund loans are:
1, permanent residence in the town where the loan is located, and valid residence certificate can be provided;
2. The housing provident fund has been continuously paid for more than 6 months before the loan, and the accumulated time of the provident fund deposit cannot be less than 12 months;
3. The self-financing of the first suite reaches more than 30% of the total price of the purchased house, and the first home loan below 90 square meters only needs 20%.
Tips for housing provident fund loan to buy a house;
1, the down payment of housing provident fund loan indicates that the provident fund cannot be directly used as the down payment of housing. Citizens need to pay the down payment first, and then go to the housing provident fund management center to withdraw the storage balance in their own provident fund.
2. The loan amount of housing provident fund is the maximum loanable amount calculated according to the balance of housing provident fund account. The calculation formula is the balance of the provident fund account plus the monthly contribution of the provident fund multiplied by 2 times the number of statutory retirement months multiplied by 2;
3. The loan amount of housing provident fund is the loanable amount calculated according to the maximum loan amount. If one person applies for a housing provident fund loan, the maximum loan amount is 500,000 yuan, and if two or more people purchase the same house to apply for a housing provident fund loan, the maximum loan amount is 800,000 yuan;
4, the total amount of housing provident fund extraction can not exceed the total amount of housing;
5. After the housing provident fund loan is settled, you can use the provident fund to buy a house. Whether before marriage or after marriage, one of the husband and wife has applied for provident fund loans, which will be recorded in the system. If the provident fund loan for the first suite has been settled, it is still regarded as the first time for both husband and wife to buy a house with the provident fund loan.
Legal basis: Article 16 of the Regulations on the Administration of Housing Provident Fund.
The monthly deposit amount of employee housing provident fund is the average monthly salary of employees in the previous year multiplied by the deposit ratio of employee housing provident fund, and the monthly deposit amount of unit employee housing provident fund is the average monthly salary of employees in the previous year multiplied by the deposit ratio of unit housing provident fund.
Article 17
The new employee starts to pay the housing provident fund from the second month after joining the work, and the monthly payment amount is the employee's monthly salary multiplied by the employee's housing provident fund payment ratio. Newly transferred employees shall pay the housing provident fund from the date of transfer to the unit, and the monthly deposit amount shall be the employee's monthly salary multiplied by the employee's housing provident fund deposit ratio.
Article 18
The deposit ratio of employees and unit housing provident fund shall not be less than 5% of the average monthly salary of employees in the previous year; Conditional cities can appropriately increase the deposit ratio. The specific deposit ratio shall be drawn up by the Housing Provident Fund Management Committee and submitted to the people's governments of provinces, autonomous regions and municipalities directly under the Central Government for approval after being audited by the people's governments at the corresponding levels.
Article 19
The housing provident fund paid by individual employees shall be withheld and remitted from their wages by their units every month.