In real life, because the interest rate of provident fund loans is relatively low, a considerable number of people want to use provident fund loans to buy houses. If you choose a provident fund loan to buy a house, you must understand the process of buying a house with a provident fund loan.

First, how to use provident fund loans to buy a house

1. Apply for provident fund loan. The borrower shall submit a loan application to the provident fund management center as required, and provide the information required for the loan.

Second, the preliminary examination of the provident fund loan core, after accepting the borrower's application, the provident fund management core will review the borrower's qualification, loan amount, loan term, loan information and other information, and put forward opinions.

Third, the credit investigation of provident fund loans, after the preliminary examination of the core of provident fund management, the undertaking bank of provident fund loans will conduct a pre-loan credit investigation on borrowers. After the investigation is completed, the lending bank puts forward opinions, and fills in the "Examination and Approval Form for Individual Housing Provident Fund Loans and Portfolio Loans" and sends it to relevant personnel for approval.

4. After signing the provident fund loan contract, the borrower will receive a notice from the loan undertaking bank if it is approved. At this time, the borrower only needs to bring his ID card, household registration book, bank account number and other materials to the undertaking bank for signing the loan contract according to the specified time.

Verb (abbreviation of verb) After completing the registration procedures of home insurance and mortgage loan and signing the loan contract, the borrower shall go through the insurance and mortgage registration procedures as required, and the expenses arising therefrom shall be borne by the borrower.

The intransitive verb waits for the transfer of the provident fund loan. After confirming that the mortgage registration has been completed and the loan contract comes into effect, the loan undertaking bank will transfer the loan to the account designated by the borrower and the seller on the date agreed in the contract and send the loan receipt to the borrower.

Second, the conditions for the provident fund to buy a house

1, individual urban workers and their units must pay the housing accumulation fund continuously for one year;

2. The borrower purchases affordable housing recognized by the lender;

3. Have permanent residence in cities and towns or valid residence status; Have a stable occupation and income, and have the ability to repay the principal and interest of the loan; Having a house purchase contract or relevant supporting documents;

4. The borrower agrees to mortgage the property listed in the house sales contract signed with the developer to the lender, giving the lender priority mortgage and compensation as a guarantee for repayment of principal and interest;

5. The borrower has the ability to pay not less than 30% of the funds needed for house purchase;

6. Other conditions stipulated by the lender.

Third, how much cheaper can the provident fund buy a house?

1, the benefits of provident fund used to buy a house are still quite many, which can reduce certain interest. Many people will choose provident fund loans to buy a house. Using the provident fund loan, you can borrow 80% of the appraised value of the house you want to buy, (individual deposit amount/individual deposit ratio -400)/ repayment coefficient corresponding to every 10,000 yuan; The general loan amount of housing provident fund is 800,000.

2. If you want to make a credit rating, AAA can borrow 920,000 yuan, and AAA can borrow1040,000 yuan. At the same time, the above limits the large amount of provident fund loans. When there is little difference between the three, the loan amount shall prevail. Because only when everyone is familiar with the process of buying a house with provident fund will they not panic and do not know what to do.

Legal objectivity:

Regulations on the administration of housing provident fund

Article 5

The housing accumulation fund shall be used for the purchase, construction, renovation and overhaul of owner-occupied housing by employees, and no unit or individual may use it for other purposes.

General principles of loans

Article 25

If the borrower needs a loan, he should apply directly to the host bank or the agent bank of other banks. The borrower shall fill in the loan application, including the loan amount, loan purpose, repayment ability and repayment method, and provide the following information:

1. Basic information of the borrower and guarantor;

Two, the financial report of the previous year approved by the financial department or accounting firm, and the previous financial report before applying for a loan;

Three, the original unreasonable occupation of loans to correct the situation;

4. List of collateral and pledge, as well as the certificate that the person who has the right to dispose of the collateral and pledge agrees to guarantee, and the relevant documents that the guarantor agrees to guarantee intention;

Verb (abbreviation of verb) project proposal and feasibility report;

Other relevant information deemed necessary by the lender.