Loan procedure

① Policy consultation

Employees who have paid the housing provident fund can consult Shanghai Housing Property Guarantee Co., Ltd. (hereinafter referred to as the guarantee company) to learn about the object, conditions and procedures of the secured loan, as well as the amount, term and interest rate of the main loan. At the same time, I can check the payment of my housing provident fund with my ID card and personal provident fund account number to determine whether I meet the loan guarantee conditions and the maximum and minimum loan guarantee periods. When the borrower applies for a loan, the guarantee company will provide the Application for Personal Housing Provident Fund Guaranteed Loan for the borrower to fill in. [2]

② Application acceptance

If the loan applicant provides relevant information and meets the conditions of secured loan after preliminary examination by the guarantee company, the loan applicant shall pay the fee according to the list of fees by the guarantee company's "Personal Housing Provident Fund Housing Guarantee Loan Acceptance Form" and sign the "Personal Housing Provident Fund Housing Guarantee Loan Contract".

③ Seal of real estate company

The borrower asks the real estate company to stamp the loan contract for individual housing provident fund purchase guarantee, and the real estate company provides phased guarantee.

④ Implement the repayment method.

The borrower shall go to the loan bank to handle the repayment account with his ID card. If he has a credit card, he shall go to the bank to confirm the credit card repayment and sign an entrusted repayment agreement.

⑤ Apply for mortgage registration.

The loan applicant holds relevant materials to go through the mortgage registration formalities at the county real estate trading center where the house is purchased.

⑥ Inform the bank to lend money.

The loan applicant shall submit relevant materials to the guarantee company with the certificate of completing the mortgage registration formalities and the individual housing provident fund purchase guarantee loan contract promised by the parties to the contract. After the guarantee company is approved, it will issue a loan notice to the loan bank to inform it to lend money.

⑦ Receiving personal data

After all formalities are completed, the guarantee company informs the borrower to collect personal custody information.