At present, there are mainly the following types of housing loans: 1. Housing provident fund loan. Personal housing commercial loan. Personal housing portfolio loan.
1. Housing provident fund loan: for residents who have participated in the payment of housing provident fund. When buying a house with a loan. Housing provident fund low-interest loans should be given priority. Housing provident fund loans have the nature of policy subsidies. The loan interest rate is very low. It is not only lower than the loan interest rate of commercial banks (only half of the mortgage interest rate of commercial banks), but also lower than the deposit interest rate of commercial banks in the same period. That is to say. There is a spread between the mortgage interest rate of housing provident fund and the bank deposit interest rate. Meanwhile. Housing provident fund loans in the mortgage and insurance and other related procedures when the charges are halved.
2. Personal housing commercial loan: The above two loan methods are limited to employees who have paid housing provident fund. There are many restrictions. Therefore ... people who have not paid the housing provident fund have no chance to apply for a loan. However, you can apply for a personal housing guarantee loan from a commercial bank. That is, bank mortgage loans. As long as the balance of your deposit in the loan bank accounts for not less than 30% of the funds needed to buy a house, it will be used as the down payment for buying a house. And there are assets recognized by the loan bank as collateral or pledge. Or a unit or individual with sufficient compensation capacity as a guarantor to repay the principal and interest of the loan and bear joint liability. Then you can apply for a bank mortgage loan.
3. Individual housing portfolio loans: provident fund loans that can be issued by the housing provident fund management center. The maximum amount is generally1-290,000 yuan. If the purchase price exceeds this limit. The insufficient part should apply to the bank for commercial housing loans. These two kinds of loans are collectively called portfolio loans. This business can be handled by the real estate credit department of the bank. The interest rate of portfolio loan is moderate. The loan amount is large. So it is more of a lender's choice.
Personal housing entrusted loans (provident fund loans) have the highest cost performance. Personal housing loans (commercial loans) bear the heaviest interest burden.
Loan steps:
1. The real estate appraisal agency designated by the Housing Provident Fund Management Center evaluates the transaction house, determines the loan amount, term and repayment method, evaluates the transaction house, and determines the loan amount and the value of the house (collateral) to be traded by both parties. Both parties to the transaction should actively cooperate. According to the pre-assessment report issued by the assessment agency, the transaction price of both parties and the repayment ability of the borrower, the center pre-examines the loan amount and term to be applied by the employees, and issues the Pre-examination Confirmation Form for the Loan Amount and Term of Housing Provident Fund Second-hand Housing to the employees.
2. The employee who puts forward the loan demand and intends to apply for the second-hand housing loan shall submit the borrower's (spouse's) salary income and housing provident fund deposit certificate (in triplicate) and the original and photocopy of the housing ownership certificate before the transaction, and the business personnel shall review and confirm whether the employee's housing provident fund deposit is normal and whether the employee's (spouse's) salary income certificate is true and standardized.
3. Choose the loan guarantee method. Second-hand housing provident fund loan guarantee methods are divided into installment guarantee plus mortgage and mortgage. Borrowers can choose independently according to their own actual situation. If the second-hand housing loan is handled by installment guarantee and mortgage, the guarantee company selected by the borrower shall bear the installment joint liability guarantee for the borrower before the mortgage registration formalities of the house purchased by the borrower are completed and the house ownership certificate is signed by the entrusted bank. If the second-hand housing loan is handled by mortgage, the borrower shall go through the mortgage registration formalities before the loan is issued, and the house ownership certificate shall be kept by the entrusted bank.
4. Sign the house transfer contract, handle the self-raised fund delivery, the buyer and the seller handle the house transaction formalities, receive the house evaluation report, sign the house transfer contract, handle the self-raised fund delivery, the buyer and the seller handle the house transaction formalities and self-raised fund delivery. Both parties to the transaction can make delivery under the witness of the guarantee company (the entrusted bank), or they can choose to be supervised and paid by the entrusted bank.
5. Fill in the Application Form for Housing Provident Fund Loan and submit all loan application materials as required (including housing appraisal report, housing provident fund loan application form and all loan application materials including housing appraisal report as required). If the second-hand housing loan is handled by installment guarantee and mortgage, the guarantee company may submit the loan application materials to the center on behalf of the borrower; If the second-hand housing loan is handled by mortgage, the borrower himself shall submit the loan application materials.
6. Bank Lending With the gradual increase of bank loan interest and the cancellation of the first home loan interest rate concession, the interest cost of using commercial loans to buy a house is getting higher and higher, which is higher than that of housing provident fund loans. If you have the conditions for housing provident fund loans, using provident fund loans is the most cost-effective way.
7, audit, examination and approval, audit
8, signed a loan contract and other procedures