In fact, there is no essential difference between the military provident fund loan process and other housing provident fund loan processes. When the materials are submitted before the audit, the army or the relevant units of the army will do the pre-audit and report it, and there is no need to go to the local provident fund management center for business.
The loan process of the military provident fund can refer to the following steps:
1. Some borrowers apply to the army for housing provident fund loan qualification in advance, submit personal identification information, and the army information is submitted to the superior unit to obtain the qualification for approval of the army provident fund loan. The processing period is about one month.
2. After the qualification of military examination and approval is passed, the borrower signs a repayment authorization with the financial department.
3. The borrower carries the loan qualification approval letter and personal identity card information provided by the army to purchase the housing contract.
4. The bank will review the personal information and go through the loan procedures after approval. The borrower can repay the loan as scheduled according to the repayment details provided by the bank.
Use the military provident fund loan to determine whether the information provided is complete and meets the basic requirements before applying. In addition, the borrower must maintain a good credit status, have no bad credit records, and have repayment ability.