The boots of the tightening of the state-managed provident fund loans have finally landed. Just now, the State Administration Provident Fund Center issued the Notice on Further Optimizing Services by Adjusting the Policy of Housing Provident Fund for Personal Housing Loans, which clearly implements the policy of subscribing and subscribing for second-suite loans. The down payment ratio for second-suite loans has been adjusted to a minimum of 60% and a maximum of 600,000 yuan. The new policy will be implemented on April 15, 2019, with the date of online signature as the criterion.
Change 1: Loans can only be applied for if the account is deposited continuously for more than half a year.
The adjustment of loan application conditions is the first change in the new administration. According to the regulations, when applying for loans, the borrower should deposit the housing accumulation fund for more than six months continuously and his housing accumulation fund account is in the normal state of deposit; or, with the approval of the housing fund management center of the central state organ (hereinafter referred to as the capital center), the depositors who are in the state of suspension, storage or retirement canceller. At the same time, the applicants husband and wife have no outstanding housing provident fund personal housing loans and policy discount loans.
Change 2: Second Suite Recognition Home Recognition and Loan Recognition
Like the previous Beijing Provident Fund, the National Management Provident Fund Center will also adjust the criteria for the recognition of second suites to subscribe to housing and loan. The new policy stipulates that if the family of the borrower (including the borrower, spouse and minor children) has no housing in Beijing and there is no housing loan record (including commercial housing loan and housing provident fund loan record) under the names of both spouses, it shall be handled according to the first housing loan policy. If the applicants family has no housing in this city and only one housing loan record under its name, and if there is only one housing loan record under its name or only one housing loan record under its name, it shall be handled according to the two housing loan policies. In other words, once borrowed to buy a house, whether commercial or provident fund loans, now sell small and buy big, from April 15, according to the second suite identified. No loan shall be granted if it is deemed to be two or more housing units.
Change 3: The new policy of borrowing up to 600,000 yuan for second apartments has also adjusted the down payment ratio at the same time.
In terms of down payment, according to the regulations, if the borrower purchases the affordable housing, the down payment ratio shall not be less than 20% of the total purchase price; if he purchases the first housing apart from the affordable housing, the down payment ratio shall not be less than 30% of the total purchase price; if he purchases two housing units, the down payment ratio shall not be less than 60% of the total purchase price. Where a borrower purchases a house in stock, the total purchase price shall be based on the lower of the total value of the house evaluation and the total price of the purchase contract.
In terms of loan quota, the maximum amount of the first housing loan is 1.2 million yuan, and the benchmark interest rate of the loan is implemented; the maximum amount of the second housing loan is 600,000 yuan, and the loan interest rate is 1.1 times of the benchmark interest rate of the same period. In addition, on the premise of guaranteeing the basic living expenses of the borrower, the average monthly repayment amount calculated by the equal principal-interest repayment method shall not exceed 60% of the monthly income of the borrower according to the amount, duration and applicable interest rate of the loan applied by the borrower. At the same time, the term of the loan shall not exceed 25 years, and the maximum can be calculated to five years after the statutory retirement age of the borrower, and the maximum shall not exceed 65 years.
Unchanged: support the purchase of policy housing housing is not speculative!
Reporters noted that, as in the past, the New Deal has again stressed the need to support workers to buy policy housing. When employee purchases policy housing, the factors such as deposit balance, deposit period, spouse deposit and adjustment coefficient are not taken into account when determining the amount of individual housing loan of housing accumulation fund. Purchasing affordable housing (including housing managed by affordable housing) and applying for loans shall be handled according to the first housing loan policy; purchasing policy-oriented housing such as housing with common property rights and applying for loans shall be determined according to the actual housing and loan situation under the name of the borrower. Purchase of policy-oriented housing loans to implement automatic phase guarantee. If the materials are available, the processing period from application to issuance shall not exceed 8 working days.
Optimize: No ID card copy is required for loan application.
The good news for the depositors of the National Provident Fund is to further streamline the supporting materials. The new policy makes it clear that when borrowers apply for loans, they only need to bring original documents such as identity certificate, marriage certificate, purchase down payment certificate and so on without providing photocopies. The list of other loan application materials can be found in the annex. If one of the borrowers deposits housing accumulation fund in Beijing Housing Provident Fund Management Center, it is not necessary to provide Individual Inquiry Form of Housing Provident Fund; and through the national housing market. If the transfer platform of the reserve fund is transferred to the fund centre to deposit the housing fund, it is not necessary to provide the certificate of deposit and use of the housing fund for the workers with different loans issued by the former city accumulation fund centre; if the time of deposit of the housing fund for the military personnel who are transferred to work does not meet the relevant provisions, it is not necessary to provide the certificate of deposit of the housing accumulation fund issued by the former army. In addition, when the loan applicant goes to the bank outlet to handle the loan application procedures, he voluntarily chooses to open EMS free mail loan contract service. After the loan is issued, he does not need to go to the bank outlet to collect it, so as to realize the loan processing only once.
State Administration Provident Fund
The long-term housing reserve deposited by employees of central state organs and administrative units in Beijing and other countries can be summarized as the state-managed provident fund, which is different from the city-managed provident fund. The state-managed provident fund is managed by the housing fund management center of the central state organs, and also includes the direct provident fund (the housing provident fund deposited by the sub-center of the central organs directly under the CPC).
How to distinguish ones own unit from that of the state or the city? Simply put, those who start with 502 and 509 numbers in the column of Application Form for Entrusted Loan of Personal Housing Guarantee, Personal Registration Number are the administrative units; those who start with ID number are mostly regarded as municipal administrative units.
Loan quota is related to household and income. The calculation method of the loan quota of the State Administration Provident Fund is relatively simple. As long as the borrower can provide the income certificate of the household as a unit, the maximum loan amount can not exceed 600,000 yuan if the average real monthly income can not be less than twice the average monthly repayment amount required for the corresponding loan life.
Regardless of the amount of deposit and the time of deposit, the loan amount of the state-managed provident fund is currently only lent 7 times of the balance of individual deposits, up to no more than 8 times.
Since March 18, 2015, the State Administration Provident Fund has adjusted four policies on personal loans. Among them, the balance of personal account which determines the loan quota is demarcated, and the former 20,000 yuan is adjusted to 50,000 yuan .
Evaluation fee = evaluation price * 3 (minimum 300 yuan per unit 1500 per unit cap)
National Management Provident Fund: Guarantee Fee = Loan *3+170
Source: Beijing Daily Responsible Editor: Li Wan_B11284