What are the procedures for handling provident fund loans?
1. application: the lender provides loan information to the provident fund management center; 2. Loan approval: the bank conducts credit investigation and approval; 3. Signing a loan contract: the lender carries relevant information to the bank to handle the loan contract; 4. The borrower handles insurance and mortgage registration procedures; 5. Loan transfer: After the loan takes effect, the bank transfers the loan to the account designated by the seller; 6. The lender shall repay the loan at the time agreed in the loan contract from the following month.
What are the requirements for applying for provident fund loans?
(1) Employees who have to pay provident fund can apply for provident fund loans;
(2) Before applying for a loan, you must continuously deposit the provident fund for at least 6 months, because abnormal deposit means unstable income and loans are prone to risks;
(3) If one spouse has applied for provident fund loans, neither spouse may apply for provident fund loans until the principal and interest of the loans are paid off. Because provident fund loans are financial support to meet the housing needs of employees, the above conditions must be met;
(4) When a lender applies for a housing provident fund loan, it must not have huge debts except to meet the stable economic income and repayment ability, so as not to affect the repayment ability of the provident fund loan;
(5) Provident fund loans can only be used to buy houses with ownership, and the houses purchased must meet the architectural design standards stipulated by the Municipal Provident Fund Management Center. If you buy a house for profit, you can't use provident fund loans.
Bian Xiao concluded: The above information is about the process of handling provident fund loans. I wonder if it will help you! There are many procedures for handling provident fund loans, and many conditions need to be met. I suggest you take a closer look.