How much is the loan limit of provident fund for buying second-hand housing
Generally, companies that buy five insurances and one fund for their employees are more formal. If they use the provident fund to buy a house, the interest will be much lower. If they don't buy a house, they can also withdraw the money from it. Friends who want to buy a house have doubts. Can the provident fund buy a second-hand house? How much is the loan limit of second-hand housing? Come and have a look.
How much is the loan limit of second-hand housing
The second-hand housing loan bank adopts the principle of obtaining the contract price and the appraisal price, and takes the low value between the two times the loan ratio, which is the high loan amount of the real estate.
1. Second hand housing loan amount does not exceed 70% of the total house price.
2. There is a big difference in the amount of high loan between the employees who deposit the provident fund on one side and the employees who deposit the provident fund on both sides of the husband and wife. But whether the loan can reach a high limit is not only related to the evaluation of real estate, but also related to the payment base of personal provident fund and the real income.
3. The loan amount of the borrower's husband and wife is calculated according to the loanable formula: the loanable formula is: the monthly amount of the loan employee's provident fund; the deposit proportion of the loan employee's provident fund; the loan repayment ability coefficient; 12 & times; the actual loanable period (calculated according to the formula, take the way of thousand carry, round to ten thousand yuan)
4. Second hand housing provident fund loan amount is also related to housing age. For those with a house age of less than 10 years, 70% of the loans are high in most areas; for those with a house age of 10-20 years, 60% of the loans are high. More than 20 years old second-hand housing is difficult to obtain loans.
The above is the provident fund can buy second-hand housing? I believe that after reading this article, you will be able to eliminate your doubts and help you in buying a house. However, some second-hand houses may not support provident fund. You should also pay attention to this. If you need to propose to buy a house, there are certain conditions. You can consult the local Provident fund center .
Second hand housing can be purchased with provident fund and can be handled after meeting the prescribed conditions. The general procedures are as follows:
1. Housing evaluation, determination of loan amount, term and repayment method, transaction housing evaluation, determination of loan amount and collateral value of both parties shall be evaluated by institutions designated by housing provident fund management.
2. The employees who apply for the loan shall submit the deposit certificate.
3. There are two ways to choose loan guarantee, namely, stage guarantee plus mortgage and mortgage, which can be chosen independently according to their own actual situation.
4. The two parties shall go through the procedures of house transaction, payment of house transaction funds, payment of house evaluation report, etc.
5. Fill in the application form and submit the information as required.
6. Audit and approval.
7. Signing loan contract and other procedures.