2. Employees who have paid the housing provident fund in full and on time in Wuhan Housing Provident Fund Management Center for more than 6 months (the opening time of the employee's individual housing provident fund deposit account is 180 days from the time of applying for a loan, and the deposit account is in a normal state, and the monthly continuous deposit time is over 6 months, excluding overdue payment) and above can apply for a provident fund loan or a housing provident fund portfolio loan to purchase self-occupied housing.
3. If the loan term is within 65,438+0 years (including 65,438+0 years), the principal and interest will be repaid in one lump sum at maturity, and the interest will be paid with the principal.
If the loan term exceeds 1 year, the principal and interest of the loan shall be repaid monthly. The borrower shall repay the principal and interest of the loan on a monthly basis from the month following the date of loan issuance, and the repayment date is the 20th of each month.
4. The loan term of the borrower and the actual age of the borrower shall generally not exceed the statutory retirement age; However, for borrowers who have paid the housing provident fund continuously and normally, have a stable income, have no bad credit record in repaying loans, and have the ability to repay the principal and interest of loans, the loan term may exceed the statutory retirement age of one to five years, but shall not exceed the longest term of provident fund loans stipulated by the People's Bank of China.
Housing provident fund loan application conditions:
1. Individual urban workers and their units must pay the housing accumulation fund continuously for one year.
2. If the borrower purchases a commercial house, it must have self-raised funds of not less than 30% of the total house price as the down payment.
3. The borrower has stable economic income, good credit and the ability to repay the principal and interest of the loan.
4. If both husband and wife normally pay the housing provident fund in full, only one party is allowed to apply for a housing provident fund loan.
5, a family can only apply for a housing provident fund loan to buy a house at the same time.
6. The lender must have permanent residence or valid residence status in the town of this province (city).
7. Agree to use the purchased house as collateral.
Housing provident fund loan processing steps:
1. The borrower can submit a written loan application and related materials to the loan bank, which will submit it to the housing provident fund management department for approval, or directly apply to the housing provident fund management department for approval;
2, approved by the housing provident fund management department of the borrower, and the loan bank signed a loan contract and guarantee contract, mortgage registration, insurance, notarization and other related procedures;
3. The loan contract stipulates that the loan bank will transfer the loan to the special account for selling houses set up by the developer in the loan bank or directly to the deposit account opened by the borrower in the loan bank;
4. The borrower opens a repayment account in the loan bank and repays the loan principal and interest on schedule according to the repayment method and repayment plan agreed in the loan contract;
5. After the loan is settled, the borrower obtains the Loan Settlement Certificate from the loan bank, retrieves the mortgage registration certificate and the original insurance policy, and goes through the mortgage registration cancellation formalities at the original mortgage registration department.
legal ground
Notice of Wuhan Housing Provident Fund Management Center on Increasing the Maximum Loan Amount of Commercial Housing Provident Fund for Green Buildings with Two or More Stars
In order to implement the relevant provisions of the Measures for the Administration of Green Buildings in Wuhan (Order No.201), Wuhan Municipal People's Government 3 10, standardize and promote the development of green buildings, improve the quality of living environment, help the peak carbon neutrality of carbon dioxide emissions, and promote the construction of ecological civilization, combined with the actual management work of individual housing loans of housing provident fund in Wuhan, after research, it is decided to use housing provident fund loans to purchase two-star or above (.
At present, the benchmark loan amount for employees' families to purchase the first set of housing and deposit it into the housing accumulation fund of our city is 700,000 yuan, and the benchmark loan amount for purchasing the second set of housing is 500,000 yuan. The maximum loan amount after floating up is 770,000 yuan and 550,000 yuan respectively.
Measures for the administration of individual housing loans of Wuhan housing provident fund
Article 9 All employees who have paid the housing provident fund in full and on time in Wuhan for 6 months or more may apply for provident fund loans.
Article 22 If the term of the provident fund loan is within 1 year (including 1 year), the principal and interest will be repaid in one lump sum at maturity, and the interests will be paid off with the principal; If the loan term exceeds 1 year, the principal and interest of the loan shall be repaid monthly.
The borrower can choose to repay the principal and interest of the provident fund loan on a monthly basis with equal principal and interest, average capital or other repayment methods recognized by the provident fund center.
Fourteenth the borrower's loan period plus the borrower's actual age shall generally not exceed his statutory retirement age; However, for borrowers who have paid the housing provident fund continuously and normally, have a stable income, have no bad credit record in repaying loans, and have the ability to repay the principal and interest of loans, the loan term may exceed the statutory retirement age of one to five years, but shall not exceed the longest term of provident fund loans stipulated by the People's Bank of China.
Regulations on the administration of housing provident fund
Twelfth housing provident fund management committee shall, in accordance with the relevant provisions of the People's Bank of China, designate a commercial bank entrusted with the financial business of housing provident fund (hereinafter referred to as the entrusted bank); The housing provident fund management center shall entrust the entrusted bank to handle financial services such as housing provident fund loans and settlement, as well as the establishment, deposit and return procedures of housing provident fund accounts.
The housing provident fund management center shall sign an entrustment contract with the entrusted bank.