The provident fund loan process is as follows:
1. The borrower submits personal application materials to the bank window of the loan service hall, which will be accepted and reviewed by the bank, and then submitted to the center for review.
2, the center for examination and approval, agreed to loan, guarantee company review, go through the guarantee formalities, pay the guarantee fee.
3. The borrower returns to the bank window to sign the loan contract, go through the notarization formalities at the notarization window and pay the notarization fee.
4. Wait for the bank's notice, get the loan contract and loan voucher, and start repayment according to the contract.
First, make full use of the provident fund loan amount.
Provident fund loan is a preferential loan policy supported by the state. As long as the loan conditions are met, the provident fund loan amount should be used as much as possible. From the perspective of investment and financial management, loans to buy a house should maximize the use of provident fund loans. After 20 12, some cities relaxed the conditions of provident fund loans, and lenders should pay close attention to the changes of relevant local policies in time.
Second, use the service life of the provident fund.
Because the interest rate of provident fund loans is lower than that of commercial loans, it is necessary to reasonably set a longer term of provident fund loans and a shorter term of commercial loans in portfolio loans. If the husband and wife are about the same age, the husband can be a lender and apply for a loan for a longer time; If there is a big age gap between husband and wife, let the younger one be the lender and apply for a provident fund loan with a longer term.
Third, reasonably determine the order of provident fund loans.
If you buy the first suite, you can fully enjoy the preferential interest rate policy of provident fund loans in the order of first provident fund loans and then commercial loans. For investors who want to buy a second suite, first buy the first suite with commercial loans, and then use provident fund loans to save interest expenses.
Fourth, reasonably determine the repayment amount.
The repayment method of provident fund loans is extremely flexible. As long as the monthly repayment amount is not lower than the "minimum repayment amount", the borrower can determine the repayment amount at will, but the repayment amount should be determined reasonably to avoid excessive pressure on the final repayment.
Fifth, offset the most economical interest rate at one time.
For buyers who have a large balance in the provident fund account and have little pressure on cash expenditure at the initial stage of the loan, they can choose to use all the balance in the provident fund account to offset the loan principal. In this way, the repayment amount of interest will show a decreasing trend, which can help buyers save a considerable amount of money.
Sixth, flexible use of provident fund.
In addition to loans, the provident fund can also be used for the purchase, construction, renovation and overhaul of self-occupied housing. The interest on the provident fund is relatively low. If you don't withdraw, you can only get it when you retire, so try to play its due role.
What is the process of handling provident fund loans?
1. The provident fund center or the entrusted bank first conducts a preliminary examination on the authenticity and compliance of the applicant's loan conditions, application materials, application amount and other contents; 2. After the first trial is passed, the bank will invite the applicant for an interview to further understand the loan purpose, repayment willingness and repayment ability of the applicant, and establish interview records; 3. If the audit meets the requirements, the entrusted bank will accept the loan application. 4, loan approval city housing provident fund management center in the confirmation of acceptance, make a decision to give or not to give a loan within 5 working days. 5. If the mortgage loan contract is signed and the application for provident fund loan is approved, the provident fund center or the entrusted bank shall notify the borrower to go through the signing formalities. 6. After signing the contract, the loan applicant and the house owner need to go to the real estate registration center of the provident fund center for mortgage registration. After the real estate registration center accepts it, it will notify the provident fund center to receive the real estate rights registration certificate within a certain working day. 7. Loan review The provident fund center will conduct loan review after receiving the registration certificate of real estate rights. 8. The entrusted bank issues loans according to the agreed loan conditions, and the loan funds are transferred according to the account agreed in the contract.
Legal basis:
Article 26 of the Regulations on the Management of Housing Provident Fund stipulates that employees who have paid housing provident fund can apply for housing provident fund loans from the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.
How does the housing provident fund loan bank lend money?
Hello! I'm happy to answer your question. The answer about how the housing provident fund loan bank lends money is as follows. 1. Submission of materials When the borrower applies for provident fund loan in the management department of the provident fund management center where the provident fund is deposited, if he chooses the guarantee center to provide guarantee, he shall submit all the materials required for the individual to apply for loan, including personal and spouse's ID card, household registration book, marriage certificate, divorce certificate, proof of down payment for house purchase, house purchase contract, proof of housing provident fund deposit, etc. 2. Review Notice After the loan application is approved in the first instance, the management department will issue a review notice of the guarantee application, print the loan contract, mortgage (counter-guarantee) contract and other relevant legal documents, and submit the personal loan information to the guarantee center. 3. The approval guarantee center shall review the guarantee application, and if the borrower meets the guarantee conditions, the guarantee center shall issue a letter of approval for the guarantee application; If the borrower entrusts an intermediary agency to handle the provident fund loan, the intermediary agency shall handle the guarantee application procedures and collect the guarantee service fee. (Note: The agency must have the qualification certification of Beijing Housing Provident Fund Management Center and sign a cooperation agreement with the guarantee center. 4. The paying borrower shall pay the guarantee service fee according to the approved guarantee application opinions. The guarantee center shall issue an invoice for the guarantee service fee, and affix the official seal of the guarantee center on the approved loan contract, mortgage (counter-guarantee) contract, custody contract and other legal documents. 5 materials to the audited personal loan application materials (including the sealed contract), from the guarantee center to the housing provident fund management department; If an intermediary agency is entrusted, the intermediary agency shall be responsible for the transmission of the above information. 6. Signing a contract The Housing Provident Fund Management Department supervises and guides the loan applicants to sign loan contracts, mortgage (counter-guarantee) contracts and other relevant legal documents. The establishment of employee housing provident fund is a measure to promote the reform of housing system in China, aiming at solving the housing difficulties of employees jointly by the state, collectives and individuals. 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. According to the regulations, all employees who have paid the provident fund have the right to enjoy such loans and can apply for provident fund loans in accordance with the relevant provisions of provident fund loans. Time for the issuance of provident fund loans The time required for the issuance process of provident fund loans is as follows: 1. The applicant and * * * make an appointment with the applicant online, and then go to the service hall of the central management department with the application materials. 2. After acceptance, the service hall of the central management department will wait for approval, and the approval time will be within 5 working days. 3. Within 5 working days after approval, sign the contract at the bank station in the service hall of the central management department. 4. The borrower and the entrusted bank shall issue the loan after handling the relevant loan procedures. Finally, the borrower can go to the bank counter in the service hall of the central management department to get relevant information. Because there are small differences in provident fund loans in different places, the above is just the usual process in general areas, so if you want to know more about the provident fund loan process, I suggest you contact the local provident fund center directly, and they will give you a detailed and comprehensive answer. Tips for handling provident fund loans: 1. How to correctly evaluate your ability to buy a house? First of all, it depends on whether you have a down payment of not less than 30% of the purchased house price; Secondly, to fully evaluate their ability to repay the principal and interest of housing loans every month, consumers had better consult the loan bank about the loan plan before lending. 2. Choose the type of personal housing loan. At present, there are three kinds of loans: individual housing provident fund loans, individual housing portfolio loans and individual housing commercial loans. The interest rate of provident fund loans is the lowest, followed by portfolio loans, and commercial loans are the highest. Property buyers should pay attention to the loan, provident fund loans only to employees who set up housing provident fund. 3. Try to repay individual housing loans flexibly. When many borrowers took out loans, because they didn't know how much money they would make in the future, they came up with the idea of "lending more points, lending more points". In recent years, with the increase of income, the repayment ability has been greatly improved, but the loan interest has also increased. Therefore, if the ability permits, you can pay off the loan in advance as soon as possible, so you can also ask the insurance company to refund the previous premium.