Ji'nan adjusts provident fund policy, public loans to buy two suites down payment minimum 20%
with the minimum payment ratio of 30% for residential families with 1 sets of housing and having cleared the corresponding purchase loans. Down to 20%. At present, Ji'nan has begun to implement it. The housing provident fund management center of Ji'nan has sent the housing provident fund loan business to the entrusted bank and sub center. According to the notice of the Ministry of housing construction, the housing provident fund is requested to buy housing for the housing accumulation fund for the improvement of the living conditions. The minimum rate of first payment was reduced from 30% to 20%. This is the only time since the last reduction of the two suite public loan down payment standard in the past three months.
Ji'nan housing provident fund management center responsible person told reporters that the housing provident fund loan down payment standards have been adjusted many times. Reporter enquiries learned that since October 2010, the housing provident fund loan in Ji'nan has been adjusted no less than 7 times. After the release of the "most loose" provident fund policy in Shandong in the early August, the public has attracted wide attention from the public, especially the demand for the promotion of "business transfer public" in Shandong. Although the relevant person in charge of the Shandong Department of housing and Construction said, the next step will further relax the restrictions of the "business to the public", but the new deal in Ji'nan did not relate to this item, "the commercial transfer public" in Ji'nan or according to the "old regulations".
commercial loan to provident fund loan is currently permitted in Ji'nan, but for various reasons and constraints, it is very difficult to operate. For example, "when buying a house, it has reached the standard of provident fund loan" and "the loan bank and the developer's consent" these two conditions, often turn the applicant out of the door. In addition to strict restrictive conditions, the "business transfer public" also requires that the provident fund loans can only apply for pure housing provident fund loans, combined loans can not apply to the transfer of provident fund loans and the loan amount to the fund should not exceed 80% of the original transaction price of the house and the value of the housing evaluation. It is difficult to achieve these standards in real operation.