Provident fund loan process.
Compared with commercial loans, the interest rate of housing provident fund loans is lower, which can effectively save the cost of buying houses, but relatively speaking, the process of provident fund loans is more complicated, which requires not only the approval of banks, but also the approval of local provident fund management centers. The complicated process makes many friends confused, and it is easy to miss information in the application process. Today, I will introduce you to the detailed process of buying a house with provident fund loans, hoping to help you.
When applying for provident fund loans, you need to prepare your own or your spouse's provident fund deposit certificate, ID card and marriage certificate, salary flow, house purchase contract or agreement and other valid certificates in advance. If the local provident fund management center needs a guarantor, you need to prepare the tripartite contract signed with the guarantor and other materials required by the provident fund center.
After the materials are fully prepared, we can submit an application to the bank, and the bank will report everyone's information to the local provident fund center for review. Generally, in the process of preliminary examination, the borrower's qualification, loan amount and loan period are mainly reviewed, and a notice of mortgage review and evaluation will be issued after passing. Subsequently, the borrower will hold a notice to the designated appraisal institution to appraise the house, and make a final judgment according to the appraisal result.
After the final result comes out, the provident fund center will inform the bank of the corresponding audit results, and then the borrower needs to sign the corresponding loan contract with the bank. It is necessary to send the contract to the local provident fund center for review, and then transfer the corresponding loan amount to the account specified in the contract.
Why are many friends refused to apply for provident fund loans again? Tell you, mainly in the process of qualification examination, once the borrower's credit qualification or repayment ability is found to be insufficient, the loan is easily rejected. Therefore, before applying for provident fund loans, we must ensure that the credit information is spotless, and the current debt ratio does not exceed 50%. If a friend usually uses a small loan, it is best to settle it one month before the loan, otherwise it will have a bad influence on the loan application and lead to the rejection of the loan.
The above is the relevant content about the detailed explanation of the process of buying a house with provident fund loans. I tell you, although the process of provident fund loans is more complicated than commercial loans, as long as the materials are fully prepared and the personal qualifications meet the requirements, it is relatively smooth to successfully apply for provident fund loans.