1. I want to buy a house recently. How can I get a loan and pay the monthly payment with provident fund?
It should be possible, but I don’t know your father’s age. There are age requirements for loans. Buying a house You can withdraw your provident fund later.
2. How to repay the monthly repayment of a provident fund loan
The process of repaying the monthly repayment of a provident fund loan is to first purchase a house and submit an "early repayment application", which will be reviewed and signed by the credit department staff and stamped The business seal of the Credit Department, the borrower goes to the bank to handle the repayment procedures. The person who applied for early repayment then settles the loan at the trustee bank and holds the repayment statement issued by the bank for review. Finally, the early repayer can go to the guarantee company with the repayment statement signed by the Credit Department to go through the relevant procedures for releasing the mortgage. What are the conditions for applying for a provident fund loan? The conditions for applying for a provident fund loan are as follows: 1. Have household registration in the People's Republic of China and a valid resident ID card; 2. Have paid the housing provident fund in full for 6 consecutive months or 6 months when applying for a loan. More than three months; 3. Have a purchase contract or agreement confirmed by the real estate registration department in the place where the house is located, and be able to handle mortgage or guarantee procedures; 4. Have paid the first installment of the house purchase as required; 5. Have full civil capacity and good credit , have a stable career and income, and have the ability to repay the principal and interest of the loan; 6. The housing provident fund deposited will be used first to repay the personal housing provident fund loan. Legal basis: Article 18 of the "Housing Provident Fund Management Regulations" stipulates that the contribution ratio of employees and units to the housing provident fund shall not be less than 5% of the employees' average monthly salary in the previous year; in cities with conditions, the contribution ratio may be appropriately increased. The specific contribution ratio shall be formulated by the Housing Provident Fund Management Committee, and shall be submitted to the people's government of the province, autonomous region, or municipality directly under the Central Government for approval after review by the people's government at the same level. Article 19 The housing provident fund paid by individual employees shall be withheld and paid by the unit from their wages every month. The unit shall remit the housing provident fund deposited by the unit and paid on behalf of the employees to a special housing provident fund account within 5 days of the monthly payment of employee wages, and the entrusted bank shall include it in the employee housing provident fund account.
3. How to repay the monthly repayment of a provident fund loan
There are two ways to repay the loan. The monthly repayment of the provident fund loan is generally called a loan repayment, which is divided into annual repayment and monthly repayment, which means , repay once a year or once a month. The annual offset refers to a one-time withdrawal of the housing provident fund account balance every year to repay the loan principal. After repaying the loan, the household's own funds can no longer be used. The money in the provident fund account can no longer be used. The monthly offset refers to the provident fund offset being withdrawn directly from the provident fund account every month. The principal and interest of the loan for the current month will be deducted. If the amount of provident fund withdrawn is insufficient
The borrower will sign a "Monthly Loan Agreement" with the Municipal Housing Provident Fund Center to handle monthly offset repayments, or to offset the loan principal in one go ( The account balance must be more than 10,000 yuan). When the provident fund balance is deducted for repayment on a monthly basis, if the balance of the provident fund account is insufficient, the bound repayment bank card will be deducted back. After the borrower gets married, if his or her spouse helps the borrower repay the provident fund loan, he or she can also sign the "Monthly Withdrawal of Provident Fund to Offset Personal Loan Agreement" with the Municipal Housing Provident Fund Center to handle monthly offset repayments, or the account balance must be more than 10,000 yuan at a time. ).
The monthly repayment of a provident fund loan starts from the loan repayment amount until the balance is deducted. After the provident fund account balance is insufficient, If the Provident Fund borrower specifies a repayment account when signing the contract, the monthly repayment will be deducted from the designated account.
4. How to pay the monthly repayment after receiving the provident fund loan?
Process for monthly offset of provident fund loan repayment: The user brings valid certification materials, fills out the "Housing Provident Fund Entrusted Annual Offset Loan Repayment Agreement", and then submits the application materials to the entrusting bank; the bank will Conduct an review. After passing the review, an agreement will be signed with the user and an agreement will be submitted to the Housing Provident Fund Center; then the bank will start deducting funds from the next month