2. If the mortgage amount of commercial bank loans is not in short supply, then commercial loans and provident fund loans can be lent at the same time.
However, in case of special circumstances, provident fund loans are usually given first. Special circumstances mean that the amount of bank loans has been severely tightened. In this case, it will take a long time for commercial banks to lend money, and the entrusted loan funds of the provident fund will be sufficient. At this time, the provident fund management center will coordinate the joint commercial bank to entrust the provident fund loan to the loan applicant first.
Extended data:
I. Portfolio loan
Portfolio loan refers to that borrowers who meet the requirements of personal housing commercial loans can apply for personal housing provident fund loans while handling personal housing commercial loans.
That is, the borrower can apply to the bank for personal housing provident fund loans and personal housing commercial loans with the purchased urban self-occupied housing (or other guarantee methods recognized by the bank) as collateral.
Second, classification
1. Personal housing portfolio loan refers to the borrower who meets the conditions of commercial loans for personal housing of the bank and pays the housing accumulation fund at the same time. While applying for a personal housing commercial loan, he can also apply for a personal housing provident fund loan from the bank.
That is to say, the borrower takes the purchased urban self-occupied housing in this city as collateral, and the bank also issues personal housing loans to the same borrower to purchase the same set of self-occupied ordinary commodity housing, which is the general name of policy and commercial loan portfolio.
2 that is, provident fund loans and commercial loans are used at the same time. Generally, personal loans are only used when they exceed the maximum amount of provident fund loans stipulated by the local government. For example, buying a high-end house requires a loan of 500,000 yuan, while the local provident fund management center stipulates that the maximum amount of provident fund loans is 400,000 yuan.
In this case, the remaining 6,543,800 yuan will be used for commercial loans, and at the same time, the interest cannot enjoy the interest of provident fund loans.
3. Portfolio loan refers to the loan issued by the housing fund management department to the same borrower with policy housing funds and credit funds from commercial banks. It is the general name of policy loan and commercial loan portfolio.
When individuals can't pay the purchase price through provident fund loans, they can apply for portfolio loans from the handling bank entrusted with provident fund loans.
Third, the process
1. Personal housing portfolio loan refers to a commercial housing loan that an individual applies to the bank when the housing provident fund loan is insufficient to cover the cost of buying a house.
The application for individual housing portfolio loans must comply with the provisions of the housing provident fund management department on provident fund loans and commercial housing loans.
2. To apply for individual housing portfolio loan, the borrower shall first apply to the commercial bank and provide relevant certification materials;
Commercial banks apply for provident fund loans from provident fund trustee banks on behalf of borrowers with the relevant supporting materials of payers;
After examination, the entrusted bank of the provident fund promises the borrower the loanable amount and term of the provident fund loan in writing, and informs the commercial bank at the same time; After examination, the commercial bank promised the borrower the amount and duration of commercial loans in writing.
3. Sign a personal housing loan contract, and the loan bank will transfer the loan amount to the account opened by the selling unit in the bank according to the time agreed in the loan contract.