There are new changes to the Quanzhou Provident Fund! With the latest loan policy

There are new changes to the Quanzhou Provident Fund! With the latest loan policy

A new commercial bank can do online withdrawal of provident fund to repay commercial housing mortgage loans.

Breaking through the online withdrawal of provident fund to repay commercial housing mortgage loans only four state-owned, commercial bank restrictions, the new Industrial Bank online commercial loan withdrawal business. Employee repayment of Industrial Bank commercial housing mortgage loans to withdraw provident fund, only need to complete the commercial loan information online query authorization signing can be submitted to accept the application, without having to go to the window, and no longer need to go to the lending bank to print the repayment details.

New cash loan repayment online business.

Breaking through the online repayment of provident fund loans only the use of provident fund balance limitations, new cash repayment online business. Borrowers can use their own funds to partially repay their CPF loan principal in advance.

New cash settlement online business.

Breaking through the restriction of using only the balance of provident fund to settle the provident fund loan in advance online, the new cash settlement online business. Borrowers can use their own funds to repay the principal and interest of their CPF loans in advance.

Introduction of provident fund loans

1, application conditions

(1) 12 months before applying for a loan should be fully and continuously paid housing provident fund

(2) apply for a loan is in the state of payment, and personal credit is good.

(3) The residence purchased is an ordinary residence (SOHO and villas are not eligible for CPF loans)

2. Loan interest rates

(1) First suite: 2.6% per annum for up to 5 years and 3.1% per annum for more than 5 years;

(2) Second suite: interest rates for less than 5 years (including 5 years) and more than 5 years are not less than 3.025% and 3.575%.

3, the proportion of down payment

Quanzhou provident fund housing loans "recognizes the house and recognizes the loan", you need to check the number of housing units in the place where you buy a house and the place where you pay the provident fund.

(1) First suite down payment ratio: 30%

(2) Second suite down payment ratio: 50%

(3) Three sets and above: no approval

(4) Township area loan down payment ratio up 10%, i.e., the first set of 40%, the second set of 60%.

4. Loan Amount

(1) Single-employee: maximum loan amount of 400,000 yuan

(2) Dual-employee: maximum loan amount of 600,000 yuan

(3) For families with two or three children, the maximum loan amount for dual-employee is increased from 600,000 yuan to 700,000 yuan, and for single-employee, the maximum loan amount is increased from 400,000 yuan to 500,000 yuan.

5, loan life

(1) the maximum loan can be 25 years

(2) the loan life can not exceed the employee's retirement age

6, other policies

(1) individual housing portfolio loan is the individual purchase of ordinary housing for personal use using a secured loan, in the application of the policy housing provident fund loan is insufficient to pay for the purchase of a home, the Its shortfall to the bank to apply for matching commercial personal housing loans. Only after the provident fund loan amount is fully utilized, the rest of the shortfall will then apply to commercial banks.

(2) allows the withdrawal of provident fund to pay the down payment: Where in the administrative area of Quanzhou City to buy a new commercial housing, the purchase of housing employees (including *** have property rights), spouses and blood relatives can withdraw housing provident fund to pay for the purchase of housing down payment to further alleviate the pressure on the payment of the down payment of funds, to facilitate the workers to buy a new commercial housing.

(3) allows foreign loans: Quanzhou can use the provident fund foreign loans. (Meet the conditions: Quanzhou account to buy a house in Quanzhou, the provident fund in the field to pay for 12 months).

(4) In the PF loan, the PF balance is prioritized to repay the PF loan. It takes 12 months between withdrawals before you can withdraw your CPF again to repay your commercial housing mortgage.

(5) Contribute for 12 consecutive months, make-up contributions can only be missed for one month, you can make up for one month, you can't make up for more than one month missed.