Hello! Provident fund loans pay guarantee fees, portfolio loans and commercial loans pay insurance premiums! This fee must be paid, and it must be handed over to the bank to lend money! This kind of insurance means that during the loan period, if there is a fire, earthquake and other natural disasters and the property is gone, the bank loan will be compensated by the insurance company. In addition, if the lender has an accident or dies during the loan period, the loan will not be transferred to relatives, and the insurance company will also compensate! Banks also want to ensure that the loan funds can be recovered. So insurance must be bought. Otherwise, the guarantee fee paid by the provident fund loan that the bank does not lend will also play the role mentioned above, but the responsibility lies with the guarantee company, not the insurance company!

Does Ningbo provident fund loan need endowment insurance to buy a house?

Ningbo housing provident fund loans do not need old-age insurance to buy a house. The required materials include: personal credit report, repayment account (bank card), provident fund joint card, commitment to agree to real estate mortgage and joint repayment guarantee, owner relationship certificate or commitment, identity certificate, household registration certificate, marital status certificate and income certificate.

Why do I have to pay insurance premiums when applying for provident fund loans?

If China Bank in Guangdong Province (except Shenzhen) applies for individual housing provident fund loans, whether it is necessary to purchase insurance when handling them shall be implemented in accordance with the relevant provisions of local individual housing provident fund loans. In portfolio loans, whether it is necessary to purchase insurance for commercial personal housing loans shall be implemented in accordance with the relevant provisions of personal commercial housing loans. Because there are differences in policies and requirements for individual housing provident fund loans in housing provident fund management centers around the country, you need to consult the provident fund loan business outlets in detail or consult the local provident fund management center.

The above contents are for your reference. Please refer to the actual business regulations.

Is it necessary to buy insurance when buying a house with a provident fund loan?

You don't need to buy insurance to buy a house with a provident fund loan.

What conditions do individual housing provident fund loans need to meet? The main contents are as follows:

1. The borrower has full capacity for civil conduct;

2. Have the official residence or valid residence status in this city;

3. Have stable economic income, good credit and the ability to repay the principal and interest of the loan;

4. The housing provident fund shall be paid normally before the loan, and it shall be paid continuously for more than half a year;

5, can provide a valid contract or agreement for the purchase of owner-occupied housing;

6. In the purchase contract, the borrower and the purchaser must be consistent, and the person who purchases the property right (except the spouse) must issue a written commitment to agree to the mortgage of the house;

7, with not less than 30% of the purchase value of owner-occupied housing (second-hand housing more than 40%) of its own funds;

8. The borrower agrees to handle housing mortgage loan and insurance;

9, the purchase of commercial housing, developers should provide phased guarantee and report the relevant credit materials;

10. The borrower agrees to open a personal account with the loan undertaking bank, and agrees that the loan undertaking bank directly deducts the loan principal and interest from the account every month.

Provident fund loan process:

1. The borrower applies for a loan at the accepting bank;

2. Accept the outlets to inquire about the property status under the family name;

3. Accept the acceptance of outlets;

3. sign a contract;

4. examination and approval;

5. The real estate trading center shall handle the mortgage registration procedures;

6. Bank loans.

20 16 what are the fees for applying for provident fund loans?

Do I have to pay a handling fee to apply for provident fund loans? It is understood that you have to pay some fees, but it also depends on what kind of housing you apply for provident fund loans. Then, what fees do you need to pay for the housing that applies for provident fund loans as commercial housing and second-hand housing? What fees should be paid for the housing that applies for provident fund loans as affordable housing, housing reform housing or fund-raising housing?

1. Fees to be paid for provident fund loans for commercial housing and second-hand housing.

If the housing is commercial housing or second-hand housing, individuals need to pay two fees: the personal housing loan guarantee fee charged by the guarantee center, and the amount of guarantee fee charged by the guarantee center is related to the loan term and loan amount. The loan period is long, and the guarantee fee paid per ten thousand yuan is relatively high. The appraisal company will charge a house appraisal fee for the purchased house. The assessment fee and guarantee fee are relatively high, which costs thousands of dollars.

Two, affordable housing, housing reform housing provident fund loan payment costs.

If the housing loan is affordable housing, housing reform housing or fund-raising housing, the required cost is only the housing provident fund loan guarantee fee charged by the guarantee center. The specific calculation is:

1, insurance premium = loan amount (provident fund loan amount, bank loan amount) ×××× wholesale premium coefficient.

2. Mortgage registration fee and stamp duty: if the loan amount (provident fund loan amount and bank loan amount) is less than 500,000 yuan, this fee is 235 yuan, and it is more than 500,000 yuan; The price of this commodity is 385 yuan.

3. Notarization fee = loan amount (provident fund loan amount and bank loan amount) × 1% (minimum 200 yuan).

Do you need to buy insurance for provident fund loans?

1. Housing provident fund loan means that employees who have participated in the housing provident fund apply for loans from the housing provident fund center when buying or repairing houses, which is different from the usual bank loans;

2. When making provident fund loans, you don't need to buy other insurance; If you need a provident fund loan, contact the local housing provident fund center! !

The insurance introduction of provident fund loans ends here.