1 year. According to the relevant regulations, Tianjin provident fund can only be withdrawn once a year, but if it is applied for repayment, the lender can choose to offset it once a month or once a year, and the lender can choose according to his actual situation.

What is the longest life of portfolio loan?

The loan term of portfolio loans must comply with the provisions of the provident fund management center and commercial banks, and the longest loan term is 30 years. The longest loan period shall not exceed the period from the date of loan issuance to the statutory retirement age of the country. The longest loan period is different for different houses. The maximum loan period for purchasing commercial housing and affordable housing is 30 years; Purchase cooperative housing, private housing and self-built housing, and the longest loan period is 15 years; The longest loan period for purchasing public housing, rebuilding housing, replacing public housing and overhauling self-occupied housing is 10 year.

Portfolio loan is the simultaneous use of provident fund loans and commercial loans. Generally, it is only used when personal loans exceed the maximum amount of provident fund loans stipulated by the local government. For example, buying a high-end house requires a loan of 500,000 yuan, while the local provident fund management center stipulates that the maximum provident fund loan is 400,000 yuan. In this case, the remaining 654.38 million yuan is used for commercial loans, and the interest cannot enjoy the interest of provident fund loans.

Portfolio loan is a loan issued by the housing fund management department to the same borrower by using policy housing funds and commercial banks by using credit funds. It is the general name of policy loan and commercial loan portfolio. When individuals can't pay the purchase price through provident fund loans, they can apply for portfolio loans from the handling bank entrusted with provident fund loans.

Can portfolio loans only be borrowed for 20 years? How to apply for a portfolio loan?

Speaking of portfolio loans, many friends may not know much about it. Portfolio loan is actually a kind of loan method that provident fund loan and commercial loan are handled together. Many friends are more concerned about the lending time of portfolio loans, so it is recommended to know the relevant knowledge before handling it. So portfolio loans can only be borrowed for 20 years? How to apply for a portfolio loan?

Speaking of portfolio loans, many friends may not know much about it. Portfolio loan is actually a kind of loan method that provident fund loan and commercial loan are handled together. Many friends are more concerned about the lending time of portfolio loans, so it is recommended to know the relevant knowledge before handling it. So portfolio loans can only be borrowed for 20 years? How to apply for a portfolio loan? Let's learn more about portfolio loans.

Can portfolio loans only be borrowed for 20 years?

Portfolio loans consist of provident fund loans and commercial loans. Generally speaking, the term of portfolio loans is determined according to the amount of provident fund loans and commercial loans.

Usually, some cities can only borrow for 20 years, and some cities have individual housing portfolio loans for a maximum of 30 years. Therefore, how many years of specific portfolio loans should be judged from the local city loan purchase regulations and the personal credibility of loans.

How to apply for a portfolio loan?

The loan applicant needs to submit a written loan application to the housing provident fund management center and the bank respectively, and submit relevant materials. The information mainly includes: purchase contract, copy of developer's sales license, ID card and housing savings card. Note: If you use the housing provident fund loan of both husband and wife, you must also bring a marriage certificate or other proof of husband and wife relationship.

1, sign the contract

After obtaining the personal housing loan quota of the provident fund, the borrower applies for a portfolio loan from the loan bank with the Notice of Entrustment of Personal Housing Loan of the Provident Fund issued by the Provident Fund Management Department. After receiving the notice that the bank agrees to the loan, the customer needs to sign a loan contract and a guarantee contract with the loan bank respectively for the provident fund personal housing loan and the self-owned account housing loan, and notarize the contract as appropriate.

2. Handle mortgage loans and insurance.

After the signing of this contract, necessary procedures such as mortgage registration and insurance shall be handled in accordance with national and local laws and regulations. Mortgage registration and insurance fees shall be borne by the borrower, and the original insurance policy shall be kept by the loan bank during the mortgage period.

Step 3 open an account

Customers who choose to entrust deduction for repayment should open a special savings passbook account, savings card or credit card account in the loan bank. At the same time, the seller shall open a special deposit account in the loan bank.

4. Sign the repayment agreement

If the borrower uses a savings card to withhold repayment, it shall go to the savings outlets to handle the repayment withholding savings card and sign a withholding agreement with the loan bank, and the entrusting unit shall sign an agreement with the loan bank.

5. Bank remittance

The borrower shall go to the loan bank to handle the payment formalities according to the time agreed with the loan bank, and the loan bank will transfer the money to the house selling unit, and the borrower will withdraw it according to the loan contract.

6. Repay on time

The borrower shall repay the provident fund personal housing loan and self-owned bank housing loan on schedule according to the repayment plan and repayment method agreed in the loan contract. At present, there are two repayment methods: entrusted bank deduction and counter repayment.

When applying for portfolio loans, you should pay attention to the specific application methods and apply according to your local policy management. The above is an introduction about whether portfolio loans can only be borrowed for 20 years and how to apply for portfolio loans. When applying, the borrower can understand the application process and consult the local housing provident fund management center.