Purchasing a house is something that many people are struggling with now. There are many things that need to be taken into consideration when doing the whole thing. Making a decision too hastily will also lead to many changes in the situation. Now we can help Everyone uses loans when buying and selling houses. Although loans are difficult to use, the results are really good. However, there may be less research on some loan methods. What about provident fund loans for 30-year-old houses? What are the conditions for providing provident fund loans?
Provident fund loan for a 30-year-old house?
A provident fund loan for a 30-year-old house first involves housing provident fund consultation and a loan application is submitted to the loan center. The consultant will inform you of the business process and required materials for the provident fund loan. For the interview, the loan applicant, mortgagor, pledgor, etc. will go to the interview counter with their interview materials to go through the interview procedures.
1. Preliminary review: The Housing Fund Management Center will conduct a preliminary review of the materials submitted by the applicant, including the applicant's qualifications, loan amount, and loan period. After passing the preliminary review, the center will issue a "Collateral Review and Assessment Notice" one".
2. Appraisal: The applicant takes the "Collateral Review and Appraisal Notice" to the appraisal agency designated by the center to appraise the value of the house purchased. Affordable housing does not require an assessment.
3. Review: The applicant shall go to the center for loan review with the "Evaluation Report" issued by the assessment agency and the preliminary review materials required by the center. If qualified, the center will issue a "Housing Fund Management Center Guaranteed Entrusted Loan Investigation Notice".
4. Go through the guarantee procedures: The applicant holds the "Housing Fund Management Center Guaranteed Entrusted Loan Investigation Notice" and goes through the guarantee procedures according to the guarantee method of his choice. If you choose the mortgage + guarantee method, the guarantor should issue a written guarantee letter. If you choose mortgage + insurance or third-party guarantee, you should go to an insurance company to apply for insurance or go to a guarantee agency to go through the entrustment guarantee procedures. Sign a loan contract.
What are the conditions for providing provident fund loans?
Provident fund offset loan means using the balance of the borrower's provident fund to offset housing loans, including commercial loans and portfolio loans. To apply for an offset loan, three conditions need to be met:
1. Purchase a self-owned house with all property rights in this city (only ordinary residences with 70-year property rights, commercial houses with 50-year property rights are not allowed).
2. The primary lender and his spouse have no other provident fund loan debts or offset loan business.
3. The bank that handles the loan business has offset loan repayment business.
Before applying, you need to prepare these materials: housing provident fund account number, ID card, marriage relationship certificate, household registration book, and the borrower’s latest loan repayment voucher.
What the above content mainly describes is the editor’s opinion on provident fund loans for 30-year-old houses? A detailed introduction to the conditions for applying for a provident fund loan. Among the many loan methods for housing, the better one is the provident fund loan. The use of a provident fund loan is more troublesome than other loans, but if it can be done quickly, Its benefits will also give everyone a better experience, and the benefits will also be maximized.