It takes about 30 working days to apply for a provident fund loan. After the application materials are fully prepared, the loan can be approved. Loan approval usually takes 15 working days, and mortgage registration is required, so it may take about 30 working days to complete the loan. "Regulations on the Administration of Housing Provident Fund" Article 6 The deposit and loan interest rate of housing provident fund shall be proposed by the People's Bank of China, and submitted to the State Council for approval after consulting the construction administrative department of the State Council. Article 24 Under any of the following circumstances, employees may withdraw the storage balance in the employee housing provident fund account: (1) purchasing, building, renovating or overhauling their own houses; (2) Repaying the principal and interest of the house purchase loan.
How long does it take to apply for a housing provident fund loan?
Provident fund loans, the staff will generally tell you that it takes ten days, ten working days, that is, twenty days. First of all, take your purchase contract and provident fund card.
Household registration book, ID card, go to the provident fund to submit. The audit usually takes 3-5 working days. After the audit, go to the provident fund, sign a loan contract, and then wait for the loan.
Housing provident fund loans should be handled according to the following procedures:
(a) the borrower to apply for housing provident fund loans need to submit a written application to the housing provident fund management department, fill in the housing provident fund loan application form and truthfully provide relevant information.
(two) the housing provident fund management department is responsible for reviewing the borrower's qualification, guarantor's qualification, loan amount and loan period and the completion of the contract. With the consent of both borrowers and lenders, relevant contracts or agreements shall be signed, and insurance shall be handled according to the regulations of the handling bank.
(three) after the loan procedures are completed, the municipal housing provident fund management department will issue a loan approval notice to the bank, and the bank will go through the loan issuance procedures after receiving the loan notice.
Extended data:
Housing provident fund loans refer to housing mortgage loans issued by local housing provident fund management centers to on-the-job employees who paid housing provident fund and retired employees who paid housing provident fund during their employment.
Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees.
The housing provident fund paid by employees and the housing provident fund paid for employees by the unit where employees work are personal savings stored by employees in accordance with the regulations for housing consumption expenditures, which belong to individual employees. When an employee retires, the balance of principal and interest is paid in one lump sum and returned to the employee himself.
The types of housing provident fund loans are: new housing loans, second-hand housing loans, self-built housing loans, housing decoration loans, commercial housing loans to provident fund loans and so on.
(Note: Not all provident fund centres provide the above-mentioned loans. Please consult the local housing provident fund management institution first. )