What conditions should provident fund loans meet?
1 The provident fund loan applicant has full capacity for civil conduct and valid identity documents, and his personal credit information is good, and there is no overdue situation.
2 It is required to meet the continuous monthly deposit standard, and the housing provident fund has been paid in full for more than 6 months (inclusive). If married, neither husband nor wife can guarantee the loan.
Have a stable professional and economic income and the ability to repay the loan principal and interest on time. Moreover, the purchase, construction, renovation and overhaul of owner-occupied housing occurred within 2 years before the loan application.
Being able to pay the down payment, the down payment ratio of the first set of provident fund loans is 30% of the house price, and the down payment ratio of the second set of provident fund loans is 50% of the house price.
Users applying for provident fund loans need to meet the above conditions, and the applicant must be the head of the household or the immediate family of the head of the household, otherwise it does not meet the conditions. Moreover, whether it is buying a house, decorating or repairing, it is necessary to issue corresponding procedures or certificates issued by relevant departments.
Summary: Provident fund lenders also need to understand that handling provident fund loans, like commercial loans, requires borrowers to have stable income, sufficient repayment ability and good personal credit information. If the loan applicant has used personal loans earlier and has 24 outstanding loan records, he cannot apply for provident fund loans.