Can I get the provident fund when I buy a loft apartment?
You can't use provident fund loans to buy loft apartments, because loft apartments are commercial. Purchase office buildings, commercial buildings, garages, villas and other non-residential buildings; Purchase part of the property rights of the house; Employees who purchase housing land of non-state-owned land as provident fund deposit shall not apply for provident fund loans.
1. Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees.
2. Housing provident fund loans refer to housing mortgage loans granted by commercial banks entrusted by local housing provident fund management centers to on-the-job employees who have paid housing provident fund and retired employees who have paid housing provident fund during their employment.
What are the benefits of buying a house with provident fund?
The proportion of provident fund housing loans is high, and the down payment pressure is small. When commercial loans are high, only 70% can be loaned, and buyers are under great pressure to pay down. However, the provident fund loan can reach 9.5%, and the down payment pressure of buyers is small.
1. The loan term is long and the monthly repayment amount is small.
The loan term of commercial loans in different regions is different. The loan period of commercial loans in various regions of the country is relatively high, which can only be loaned for 30 years, and most second-hand houses can only be loaned for 20 years, so the monthly supply pressure is relatively high; The life of provident fund loans is as long as 30 years, and the monthly supply pressure is small.
2. The age limit is flexible.
Commercial loans have strict requirements on the life of the house. Most banks don't lend for houses over 85 years old, and the loan period decreases with the increase of house age. The provident fund loan has more flexible restrictions on the age of the house, and the sum of the age of the house and the loan period can be less than 50 years.
3, owned by individuals
Housing provident fund belongs to the depositor's personal property. Married people in some cities apply for provident fund loans to buy houses, and the amount is higher than that of individual applications. The funds in the provident fund account can be extracted as the common property of husband and wife.
4. Funds can be doubled.
The depositor pays 5%-20% of his deposit base, and the company where he works also pays the same proportion, so that the funds in the account can be doubled.
If you want to buy an apartment, you should pay attention to your own needs and choose a house with a suitable location, which will be more convenient in your daily life in the future. The above is an introduction about the benefits of buying loft apartments with provident fund instead of buying houses with provident fund. I suggest you think it over before buying a house.