How long does it take to apply for provident fund loans

It takes 18-19 working days to approve provident fund loans. Generally, it takes 18-19 working days to apply for housing provident fund loans from banks to transfer loans to lending banks.

1. Conditions

(1) The loan application (fill in the housing provident fund loan application form) is completed on the same day.

(2) The bank will review the loan before it agrees, and then report it to the municipal housing provident fund management center for review, which will be completed within 2 working days.

(3) The housing provident fund management center will review the loan and complete it within one working day.

(4) After the approval, the loan bank signs a loan contract with the borrower, which will be completed within 2 working days.

(5) If the guarantee is selected, the guarantee company shall handle the counter-guarantee mortgage formalities, which shall be completed within 6 working days; If mortgage guarantee is selected, the borrower shall go through the mortgage insurance formalities and complete it within 7 working days; If the pledge guarantee is selected, the bank shall go through the pledge formalities.

(6) the loan bank will submit the borrower's information to the municipal housing provident fund, which will be completed within 2 working days.

(7) The municipal housing provident fund management center will examine and approve the loan materials, which will be completed within 3 working days.

(8) The borrower goes to the loan bank to handle the transfer formalities, which will be completed within one working day.

II. Materials required for housing provident fund loans

Household registration books of borrowers and their spouses;

resident identity cards of the borrower and his spouse;

proof of the borrower's marital status;

proof of down payment for house purchase;

the credit status report of the borrower and his spouse printed by the bank;

a house sales contract or agreement that complies with the law.

3. Conditions for handling housing provident fund

1. Individuals and their units must continuously pay housing provident fund for one year;

2. The borrower has stable economic income, good credit and the ability to repay the loan principal and interest;

3. If the borrower purchases a commercial house, it must be at least 3% of the total house price.

IV. Handling process of housing accumulation fund

1. The lender prepares relevant materials, goes to the bank to fill out the loan application, and submits the materials;

2. After receiving the application, the loan bank will confirm and review the information;

3. After the audit, the lending bank contacts the lender and signs relevant contracts;

4. When the bank lends money, the lender performs the repayment responsibility.

Many units in contemporary society have to pay the housing accumulation fund for workers. The amount of deposit and withdrawal from the housing accumulation fund can be extracted, but certain procedures need to be completed and audited by the bank, so some people are anxious, but this time needs to be experienced, usually about 2 working days.

how long is the provident fund loan?

provident fund loans can be borrowed for up to 3 years. The longest loan period is calculated to the borrower's 7-year-old age, and it shall not exceed 3 years. The loan period for purchasing second-hand houses also needs to be less than the remaining service life of the house land for more than 3 years. Generally, it takes about 1 to 2 months to apply for provident fund loans. If the materials submitted by the loan applicant are complete, the bank will complete the examination and approval within 15 working days, and then apply for housing provident fund loans at the provident fund center. After the provident fund center accepts them, it will be approved within 1 working days, and then go back to the bank to go through a series of relevant procedures such as contract signing and mortgage registration before lending.

the management of housing provident fund follows the principles of decision-making by the housing provident fund management committee, operation of the housing provident fund management center, storage in special bank accounts and financial supervision. The housing accumulation fund shall be used for the purchase, construction, renovation and overhaul of owner-occupied housing by employees, and no unit or individual may use it for other purposes. Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall, within 15 days from the date of accepting the application, make a decision on whether to grant or not to grant loans, and notify the applicant; If the 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.

according to article 3 of the regulations on the management of housing provident fund, the management expenses of the housing provident fund management center shall be compiled by the housing provident fund management center in accordance with the prescribed standards, submitted to the financial department of the people's government at the same level for approval, and then turned over to the finance at the same level from the value-added income of the housing provident fund, which shall be allocated by the finance at the same level. The management fee standard of the housing provident fund management center shall be formulated by the construction administrative departments of the people's governments of provinces, autonomous regions and municipalities directly under the Central Government in conjunction with the financial departments at the same level in accordance with the fee standard of institutions slightly higher than that stipulated by the state.

how long does it take for the provident fund loan

It usually takes about 15 working days to complete the provident fund loan. Workers who have paid housing provident fund may apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses, and the housing provident fund management center shall make a decision on whether to grant or not to grant loans within 15 days from the date of accepting the application, and notify the applicant.

Legal basis

Article 26 of the Regulations on Housing Provident Fund Management

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, within 15 days from the date of accepting the application, make a decision on granting or not granting the loan, and notify the applicant; If the 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 long does it take to apply for provident fund loans

Generally, it takes 18 to 19 working days to apply for provident fund loans. The following is the time required for each link of the provident fund loan:

1. Fill in the application form for housing provident fund loan at the bank counter, which can be completed in one working day.

2. The loan bank conducts a pre-loan review, and after the review is passed, it will report to the municipal housing provident fund management review, which can generally be completed within 2 working days.

3. The audit of the municipal housing provident fund management center can generally be completed within 1 working day;

4. After approval, the loan bank signs a loan contract with the borrower, which can generally be completed within 2 working days;

5. If the borrower chooses to guarantee, it will take 6 working days to go through the mortgage formalities in the bank. It takes 7 working days to apply for mortgage insurance when choosing mortgage guarantee. It generally takes 6 working days to go through the pledge formalities when choosing the pledge guarantee.

6. The loan bank will submit the guarantee information to the Municipal Housing Provident Fund Center, which is generally completed within 2 working days;

7. The approval of the guarantee materials by the municipal housing provident fund management center is generally completed within 3 working days;

8. The loan bank usually completes the transfer formalities within one working day.

Extended information:

What materials are needed for provident fund loans:

(1) Proof of deposit of housing provident fund for the applicant and his spouse;

(2) the identity certificate of the applicant and spouse (referring to the resident identity card, permanent residence booklet and other valid residence documents) and the marital status certificate;

(3) proof of stable family income and other proof of creditor's rights and debts that have an impact on repayment ability;

(4) valid documents such as contracts and agreements for housing purchase;

(5) Collateral used for guarantee, list of pledge, certificate of ownership, certificate of consent of the person who has the right to dispose of mortgage and pledge, and certificate of collateral valuation issued by relevant departments;

(6) other information required by the provident fund center.

how long is the loan period of housing provident fund?

the loan period of housing provident fund is 3 years, and its total life is calculated by adding the housing age and the loan life. The sum of the borrower's age and the loan term shall not exceed 65 years old, and the loan maturity date shall not exceed the maturity of land use.

Legal basis

Article 11 of the General Principles of Loans

The term of the loan shall be determined by both the borrower and the lender through consultation according to the borrower's production and operation cycle, repayment ability and the lender's capital supply ability, and shall be specified in the loan contract. Generally, the longest term of self-operated loans shall not exceed 1 years, which shall be reported to the People's Bank of China for the record. The longest discount period of bill discount shall not exceed 6 months, and the discount period shall be from the date of discount to the maturity date of the bill.

How long does it take to get the housing provident fund loan?

Generally, the housing provident fund loan can be approved within 2 days.

when you apply for a loan from the provident fund, the staff usually tell you that it takes ten days and ten working days, that is, twenty days.

First, take your house purchase contract, provident fund card, household registration book and ID card and submit them to the provident fund.

the audit usually takes 3 to 5 working days.

after the audit, go to the provident fund, sign a loan contract, and then wait for the loan.