1. After applying for provident fund loan, the credit department will rate the credit rating, which will take about one week;
2. It takes about a week for the provident fund management center to review the information;
3. After approval, sign a loan contract;
After the contract is signed, the loan will be issued soon. Generally speaking, the time from application to lending should be about 20-30 days.
Conditions for the use of housing provident fund:
1, payment time: Generally speaking, it is required to pay the housing accumulation fund continuously for a certain number of years, such as 6 months, 12 months, etc. ;
2. Payment status: when applying for a loan, the housing provident fund account should be in a normal payment status;
3. Loan amount: Loan amount is usually related to payment amount, payment time and personal credit status;
4. Purchase situation: the applicant must meet the conditions for purchasing the first or second house;
5. Personal credit: the applicant has a good personal credit record and no bad credit record;
6. Spouse: Married applicants are required to provide a statement of their spouse's consent to the loan and relevant supporting materials.
To sum up, the regulation on how long it takes to pay the housing provident fund before lending is that the time from application to lending should be about 20-30 days.
Legal basis:
Regulations on the administration of housing provident fund
Article 26
Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.