It takes about two to three months to apply for a provident fund loan. Personal provident fund loan process is complicated. It usually takes about one or two weeks from the submission of application materials by customers to the acceptance, review and issuance of approval results by the housing provident fund management center. Then entrust the bank to sign a loan contract and go through the relevant procedures such as mortgage and guarantee, which can be completed in about 5 to 7 working days; After that, it usually takes a week or two for the bank to lend money, and it may take about a month or two if it is delayed. It can be seen that it takes about two to three months from the time when a customer applies for a provident fund loan to the time when the loan is approved and received.

How to handle the provident fund loan?

If customers want to apply for provident fund loans, they can directly bring the down payment receipt and personal ID card, local residence certificate (household registration book or temporary residence permit), income certificate such as bank running water, provident fund deposit certificate and other materials to the business hall of the local housing provident fund management center to find the counter staff to apply for loans, and then get the application form to fill in.

After the form is filled out, it will be handed over to the staff together with the information brought. After the staff collates the information, the audit department will conduct an audit according to the information. If it passes the preliminary examination, it will issue a notice of mortgage review and evaluation.

Then the customer goes to the designated appraisal institution, which evaluates the value of the house and issues an appraisal report. Then, the client takes the evaluation report and preliminary examination materials to the housing provident fund management center for final review. After the final review, the housing provident fund management center will issue a notice of entrusted loan investigation.

After that, the customer will go through the guarantee formalities with the Notice of Investigation on Entrusted Loan Guaranteed by Housing Provident Fund Management Center, sign a loan contract with the entrusted bank, and go through the registration of real estate mortgage. Finally, the entrusted bank lends money.