Steps for handling housing provident fund loans:
The borrower may submit a written loan application and related materials to the loan bank, which shall submit it to the housing provident fund management department for approval, or directly apply to the housing provident fund management department for approval;
The borrower approved by the housing provident fund management department shall sign the loan contract and guarantee contract with the loan bank, and handle the mortgage registration, insurance, notarization and other related procedures;
According to the loan contract, the loan bank will transfer the loan to the special account for selling houses set up by the developer in the loan bank or directly to the deposit account opened by the borrower in the loan bank;
The borrower opens a repayment account in the loan bank and repays the loan principal and interest on schedule according to the repayment method and repayment plan agreed in the loan contract;
After the loan is settled, the borrower obtains the Loan Settlement Certificate from the loan bank, retrieves the mortgage registration certificate and the original insurance policy, and goes through the mortgage registration cancellation procedures at the original mortgage registration department.
Down payment ratio:
I learned from the Housing Provident Fund Management Center that the commercial loan of the first suite has not been paid off, and the second suite can use the provident fund loan. The down payment still enjoys the first set of treatment, that is, the minimum down payment ratio is 20%.
Here, the down payment ratio is not less than 30% if the construction area of the first suite is less than 144 square meters (including 144 square meters), and not less than 20% (including 144 square meters) if the construction area of the second suite is greater than 144 square meters. If the construction area of the first suite is greater than 144 square meters, the second suite cannot use the provident fund loan. (Note: Some cities 140 level)
Loan interest rate:
Compared with the interest rate of the first provident fund personal housing loan in the same period, the interest rate of the second-home provident fund loan rose by 10%, and the interest rate of the personal provident fund loan for more than five years was 3.35%. If it rose by 10%, it would be 3.575%.
Loan amount and term:
The maximum amount of the second-home provident fund loan is 800,000. The longest loan period of provident fund loans shall not exceed 30 years, and the sum of the loan period and the actual age of employees when applying for loans shall not exceed 70 years.
Criteria for determining the first suite of provident fund:
Provident fund management center only recognizes housing, not loans. The provident fund management center only recognizes the real estate under the applicant's current name, and does not calculate the historical records of his own real estate and mortgage loans. If the buyer applies for a pure provident fund loan, then as long as there is no room under the current name and the previously applied provident fund loan has been paid off, no matter how many times the previous provident fund loan has been applied, buying a house can still be regarded as the "first suite".
Application materials:
Application for personal loan of housing provident fund;
Identity documents (resident identity card, household registration book or other identity documents);
The borrower's proof of stable economic income or other proof of solvency issued by the employer;
Legal and effective procurement contracts, agreements or other approval documents;
List of collateral, certificate of ownership, and certificate that the obligee agrees to mortgage;
Collateral assessment report issued by the real estate assessment agency recognized by the housing provident fund management department;
A written commitment issued by the guarantor agreeing to provide the guarantee and the guarantor's credit certificate;
Relevant certificates of self-raised funds used by the borrower to pay the down payment for house purchase;
Other documents and materials stipulated by the housing provident fund management department.
Using provident fund loans, individuals need to pay a certain period of time before the loan, and be careful not to withdraw the provident fund. Due to different cities and places, you can call the housing provident fund hotline 12329 for consultation, and add the area code of the corresponding city in front.