Provident fund loan amount can be increased by 20%, Zhuhai, Guangdong: Families with multiple children buy their first self owned housing
On September 8th, the Housing Provident Fund Management Center of Zhuhai City, Guangdong Province issued a notice on the implementation of preferential quota policies for multi child female families applying for housing provident fund loans in our city. This notice will be implemented from September 7th, 2023, and is valid for 5 years.
The notice proposes that when families with multiple children apply for housing provident fund loans to purchase their first self occupied housing, the loan amount can be increased by 20% on the basis of the available loan amount, but it does not exceed the maximum limit of housing provident fund loans in Zhuhai City. For those who also meet the conditions for other housing provident fund loan preferential policies in Zhuhai, the upward adjustment of loan amount will not be implemented in combination, and they can choose one of the higher options.
A multi child family refers to a family in Zhuhai that has given birth to or legally adopted two or more children, including stepchildren, one of whom must be a minor. If a family is reorganized due to a change in marital relationship, they shall bear the obligation of raising two or more children, and if one of them is a minor, they can refer to the implementation.
The Zhuhai Housing Provident Fund Management Center also said that either the applicant or the spouse must meet the requirements that the place of registered residence or the place where the provident fund is deposited is in Zhuhai. On the basis of the original business application materials, corresponding documents for multiple children must also be provided: household registration book, birth medical certificate, adoption registration certificate, and court judgment, which can prove the relationship between children.
Regarding the determination of the implementation time for the preferential loan amount, the notice states that if the loan amount has been approved before the date of document release, it will not be re approved; After the date of document release, eligible multi child family employees can be approved according to the loan limit increase standard specified in the document.