Harbin introduces new housing provident fund policy: supports "trading in old for new" to purchase a house, with loan amounts increasing by up to 20%.

Recently, the Harbin Housing Provident Fund Management Center issued a notice regarding the increase in the individual housing loan amount of the "trade-in for new" housing families' provident fund. According to the notice, this new policy applies to depositing workers' families who sell their own house and purchase a new commercial house within one year in the administrative area of Harbin. At the same time, for eligible workers' families, the maximum loan amount of the housing provident fund is increased by 20%. The notice requires that when applying for a loan, workers' families must provide the original old sale contract issued by the real estate registration department and stamped with the seal, in addition to the current loan application materials. The determination of the specific loan amount also needs to be calculated comprehensively based on the applicant's actual provident fund contributions, the total house price, down payment ratio, credit situation, and other factors, with the final approval result as the basis.