Employees who have applied for commercial personal housing loans within the administrative area of this Municipality (hereinafter referred to as borrowers) can turn commercial personal housing loans into housing provident fund loans if they have the conditions for housing provident fund loans during the repayment period.
Second, the loan conditions
The borrower shall meet the following conditions when applying for commercial individual housing loans to housing provident fund loans:
(a) timely, full and continuous deposit of housing provident fund for more than 6 months;
(2) Having permanent residence or valid residence status in cities and towns of this Municipality and having full capacity for civil conduct;
(three) there are commercial housing sales contracts and commercial personal housing loan contracts that meet the requirements;
(four) a stable income and the ability to repay the principal and interest of the loan on time, and a good personal credit;
(5) The purchased house has obtained the Property Ownership Certificate, and the house is used as collateral.
Three. loan limit
When the borrower applies for commercial individual housing loans to housing provident fund loans, the loan amount shall meet the following quota standards:
(1) The loan amount shall not exceed 15 times of the balance of the housing provident fund account when applying for the loan;
(2) The loan amount shall not exceed the remaining loan principal of the commercial individual housing loan at the time of applying for loan;
(three) the loan amount shall not exceed 70% of the house price payable for the purchase of self-occupied housing;
(four) the loan amount shall not exceed the maximum amount stipulated by the Municipal Housing Provident Fund Management Committee.
Fourth, the loan term.
The longest loan period shall not exceed 30 years, and shall not exceed the remaining working years before the statutory retirement age of the borrower.
Verb (abbreviation for verb) borrowing materials
When the borrower applies for commercial individual housing loan to housing provident fund loan, it shall submit the original and photocopy of the following certification materials:
(1) Resident ID card, household registration book and marriage certificate (unmarried or single certificate) of the borrower and his spouse;
(2) Commercial housing sales contracts;
(3) Commercial individual housing loan contract;
(four) the monthly housing loan repayment details signed by the loan bank;
(5) Property ownership certificate.
VI. Lending Procedures
(1) loan application. Borrowers applying for commercial individual housing loans to housing provident fund loans should apply to the provident fund center with the original and photocopy of relevant loan certification materials.
(2) loan approval. From the date of accepting the application, the Provident Fund Center will review and evaluate the borrower's loan certification materials, personal credit report and loan guarantee methods, make a decision on whether to approve the loan within 15 working days, and notify the borrower.
(3) sign a contract. Where a loan is issued, the entrusted bank shall sign a loan contract, a guarantee contract and a loan receipt with the borrower, and handle the loan guarantee procedures.
(4) mortgage registration. The borrower shall go through the mortgage registration formalities with the loan contract, mortgage contract, resident ID card, household registration book and marriage certificate (unmarried or single certificate).
(5) loan issuance. After the loan contract and guarantee contract come into effect, the entrusted bank shall transfer the borrower's loan funds in the way agreed in the loan contract.
Seven. Loan guarantee letter
Borrowers who apply for commercial individual housing loans to housing provident fund loans must provide guarantees. The guarantee methods mainly include real estate mortgage plus guarantee or real estate mortgage plus insurance, that is, the borrower takes real estate as mortgage, the housing loan guarantee company provides housing home purchase guarantee or the insurance company provides comprehensive loan insurance. The guarantee fee or insurance premium shall be borne by the borrower.
Eight, other provisions
(1) The repayment method and repayment method of the borrower's loan repayment shall be implemented in accordance with the relevant provisions of the housing provident fund loan business.
(2) If the borrower uses the housing provident fund loan for the second time or the housing ownership registration system shows that there are two houses, the loan amount and loan interest rate shall be implemented according to the relevant provisions of the differentiated credit policy.