Wenzhou: Increase the amount of housing provident fund loans and adjust the whole city’s loans to the same

Published: Aug 25, 2023 18:04
Wenzhou Housing Provident Fund Management Center recently issued the Notice on Further Improving the Policies and Regulations of Housing Provident Fund Business in Wenzhou to improve its housing provident fund business.

Wenzhou Housing Provident Fund Management Center recently issued the Notice on Further Improving the Policies and Regulations of Housing Provident Fund Business in Wenzhou to improve its housing provident fund business. The Notice will come into force on June 5, 2023. It proposes to increase the amount of housing provident fund loans and adjust the whole city’s loans to the same. The maximum loan amount for a two-person family is adjusted to 1 million yuan, and the minimum guaranteed loan amount is 300,000 yuan. The maximum loan amount for a single buyer is adjusted to 650,000 yuan, and the minimum guaranteed loan amount is 200,000 yuan. In terms of loan calculation rules, the multiple of the base determined by deposit time in the loan amount calculation method is adjusted to 6 times, the maximum multiple is adjusted to 12 times, and other rules remain unchanged. High-level talents and three-child family housing provident preferential policies and the new policy are available simultaneously, but preferences of the first two policies cannot be combined.

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