On January 19, The Paper learned from the Guangxi Nanning Housing Provident Fund Management Center that Nanning is now soliciting opinions from the public on the formulation of the "Nanning Housing Provident Fund Individual Housing Loan Management Implementation Rules", which will be announced for 30 days. The Detailed Implementing Rules shall come into force on 1 March 2022 and shall be valid for five years. If the public has comments or suggestions, they can give feedback before February 15, 2022.
The Draft Detailed Implementing Rules for Comments proposes that the maximum amount of the first suite provident fund loan in Nanning be increased from 600,000 yuan to 700,000 yuan, and the maximum amount of the second suite provident fund loan is increased from 500,000 yuan to 600,000 yuan; there are situations such as providing false information and false promises in the past five years, there are bad records of personal credit information, and credit cards are overdue for 2 consecutive periods (inclusive) or more in the past year; support the families of deposited workers to purchase the first self-occupied housing or the second set of self-occupied housing to improve living conditions. It is not supported to purchase a third or more owner-occupied housing, etc.
On January 15, the National Bureau of Statistics announced the changes in the sales prices of commercial residential buildings in 70 large and medium-sized cities in December 2021, and the new houses in Nanning fell by 0.2% month-on-month and rose by 1.7% year-on-year; second-hand houses fell by 0.4% month-on-month and 1.9% year-on-year. The price of new houses in Nanning has fallen for 5 consecutive months; the price of second-hand houses has fallen for 6 consecutive months. According to Kerry data, the house price in Nanning in December 2021 was 12923 yuan / square meter; the average transaction price of commercial housing in Nanning in 2021 was 13093 yuan / square meter.
The six cities of Guangxi Beibu Bay can apply for a loan to buy a house in Nanning
According to the Detailed Implementing Rules, employees who normally contribute to the housing provident fund in the Nanning Provident Fund Center can apply for a provident fund loan from the Nanning Provident Fund Center. Employees in cities in the Beibu Bay Economic Zone of Guangxi (Beihai City, Qinzhou City, Fangchenggang City, Yulin City, Chongzuo City), and whose household registration is within the scope of Nanning City, Beihai City, Qinzhou City, Fangchenggang City, Yulin City, and Chongzuo City, can apply for a provident fund loan from the Nanning Provident Fund Center for self-occupied housing within the administrative area of Nanning City.
The "Detailed Implementing Rules" make it clear that the loanable amount of each provident fund loan in Nanning is calculated by the Nanning Provident Fund Center in accordance with the maximum amount of the provident fund loan stipulated by the Nanning Housing Provident Fund Management Committee, the calculation formula of the loan amount, the housing value, the down payment ratio, the repayment ability coefficient, the credit status, etc., and after comprehensively assessing the actual situation of the loan applicant, the minimum value is determined (rounded down to an integer multiple of 1,000 yuan).
The maximum amount of provident fund loan stipulated by the Nanning Housing Provident Fund Management Committee is: the maximum amount of the first home provident fund loan is 700,000 yuan, and the maximum amount of the second home provident fund loan is 600,000 yuan. The interest rate of the provident fund loan shall be implemented according to the statutory interest rate announced by the Chinese Min Bank, the interest rate of the first set of housing provident fund loans is the benchmark interest rate of the housing provident fund loan announced by the Chinese Min Bank, and the interest rate of the second set of housing provident fund loans is 1.1 times the interest rate of the first set of housing provident fund loans in the same period. In the event of an adjustment of the statutory interest rate during the repayment period of the loan, it shall be implemented in accordance with the relevant regulations of the Chinese Bank. The loan amount is calculated as follows: loan amount = loan applicant's provident fund contribution balance× multiple of the contribution balance× payment time coefficient× risk prevention and control coefficient
The payment time coefficient is determined according to the time when the borrower continuously and normally contributes to the provident fund: 1. When the continuous normal payment time is between 6 months and 23 months, the payment time coefficient is 0.8; 2. When the continuous normal payment time is between 24 months and 35 months, the payment time coefficient is 1; 3. When the continuous normal payment time is between 36 months and 59 months, the deposit time coefficient is 1.2; 4. When the continuous normal payment time is 60 months or more, the deposit time coefficient is 1.5.
The risk prevention and control coefficient is determined according to the capital utilization rate of the Nanning Provident Fund Center at the time of applying for a loan (the ratio of the balance of the provident fund loan of the Ningxia Provident Fund Center to the balance of the provident fund contribution): 1. When the capital utilization rate does not exceed 85%, the risk prevention and control coefficient is 1; 2. When the capital utilization rate exceeds 85% but does not exceed 90%, the risk prevention and control coefficient is 0.9; 3. When the capital utilization rate exceeds 90% but does not exceed 95%, the risk prevention and control coefficient is 0.8; 4. When the capital utilization rate exceeds 95%, The risk prevention and control coefficient is 0.7.
Two or more borrowers shall independently calculate their loan amounts in the above formula and then add them together.
The purchase of a third or more owner-occupied home is not supported
The Detailed Implementing Rules make it clear that the provident fund loan supports the purchase of the first self-occupied housing or the second set of self-occupied housing with improved living conditions for the families of deposited workers, and does not support the purchase of the third and above self-occupied housing.
If the borrower has no housing in the administrative region of Nanning City (the loan applicant of the railway sub-center is in the administrative area where the house is purchased, hereinafter collectively referred to as the "administrative region"), and has not used the provident fund loan nationwide, it is deemed to be the purchase of the first set of housing and the implementation of the first house provident fund loan policy.
Nanning implements the second-suite provident fund loan policy for the purchase of the second house: including (1) the borrower has a house in the administrative region and has not used the provident fund loan nationwide; (2) the borrowing applicant has a house in the administrative region and has used a provident fund loan nationwide and has paid it off; (3) the borrowing applicant has no housing in the administrative region but has used a provident fund loan nationwide and has paid it off ;(4) If the borrower purchases a dangerous old house renovation housing and rebuilds a project, if there are two (including) more houses in the administrative region or a provident fund loan or has been settled, the second home provident fund loan policy shall be implemented and the number of housing units shall not be restricted.
Where it is determined that the purchase of a third or more housing is deemed to be the case, no loan will be granted, including (1) if the borrowing applicant has two or more housing units in the administrative region; (2) where the borrowing applicant has used the provident fund loan twice or more nationwide.
The Detailed Implementing Rules stipulate that if a loan applicant has any of the following circumstances when applying for a loan, the loan will not be granted:
(1) Where there is one of the following negative records in the personal credit information: 1. The current loan is overdue, or the guarantor is compensating; 2. The loan or credit card is overdue for 2 consecutive periods (inclusive) or more in the past year; 3. the loan or credit card has been overdue for 3 consecutive periods (inclusive) or more in the past two years; 4. the loan or credit card has been overdue for 12 periods (inclusive) or more in the past five years; 5. There are bad debts, write-offs, stop payments, compulsory enforcement, etc.; 6. Those who have been included in the list of untrustworthy persons subject to enforcement;
(2) Where there are circumstances such as providing false materials or false promises in the past five years;
(3) Where the housing provident fund has been withdrawn due to illegal use of the housing provident fund, or the loan qualification has not reached the prescribed number of years;
(4) The circumstances involved in the illegal use of the housing provident fund are in the investigation and handling stage or the administrative law enforcement case is not implemented to order rectification, punishment or handling decisions;
(5) There are other circumstances that may affect the safety of provident fund loans.