Legal subjectivity:
1. How to apply for Nanjing provident fund loan 1. Loan application. (1) Borrowers applying for provident fund loans should bring loan application materials and apply at the designated outlets of the entrusted bank; (2) The entrusted bank shall establish an interview system with borrowers based on the entrusted loan agreement and housing provident fund loan work specifications, and inquire And print the borrower's "Personal Credit Report". (3) The entrusted bank will review the information provided by the borrower and review the borrower's identity, repayment ability and personal credit, provident fund deposit status, authenticity and legality of the transaction, integrity of the house, rights status, etc. Conduct pre-loan research. (4) The entrusted bank shall inform the borrower at one time of the documents and information that need to be submitted. 2. Data review. (1) The entrusted bank reviews the loan information provided by the borrower, determines the guarantee method, calculates the actual loan limit, and agrees on the loan term and repayment method based on the provident fund payment status of the borrower or the borrower's spouse. (2) After the pre-loan investigation is completed, the entrusted bank will notify the borrower to open a repayment account with the entrusted bank for repayment of the loan. If notarization is required, the borrower will be notified to go through the notarization procedures. (3) The entrusted bank will enter the loan information of qualified borrowers into the provident fund management information system, and issue the provident fund loan application form and loan contract text. (4) The entrusted bank shall give priority to providing provident fund loans to qualified borrowers. 3. The entrusted bank guides the borrower to correctly fill in the relevant materials, and pastes the provided materials in the area specified in the loan contract text as required. It also guides the borrower, spouse, and other property rights holders in the loan text and related contracts. Sign in the corresponding position. (1) Those who purchase commercial housing or affordable housing should go to the house selling unit or guarantee agency to get a guarantee seal, pay off the balance of the house price and stamp the guarantee seal of the house selling unit or guarantee agency on the supplementary payment certificate, and then submit the complete documents. Submit it to the entrusting bank. (2) For purchasing a second-hand house, if the "House Ownership Certificate" and "State-owned Land Use Certificate" have been transferred, the complete materials must be handed over directly to the entrusted bank; if a periodic guarantee by a guarantee agency plus a mortgage guarantee for the purchased house is adopted, go to The guarantee institution stamps the guarantee seal and stamps the guarantee institution's guarantee seal on the payment certificate. 4. The entrusted bank will submit all loan materials that have passed the review to the management center for approval. After approval by the management center, the entrusted bank will notify the borrower to handle the relevant mortgage procedures; if a phased guarantee is adopted by a guarantee institution, the guarantee institution will notify the borrower to handle the relevant mortgage procedures. The entrusted bank should promptly urge the borrower to apply for the "House Ownership Certificate" and "State-owned Land Use Certificate", and promptly execute the "House Other Rights Certificate". 2. Precautions for housing provident fund loans (1) Do not use the provident fund before applying for a loan; according to the policy, employees who have paid the provident fund in full and on time for six months can apply for a housing provident fund loan when buying a house (policies vary slightly from place to place, so The latest local policies shall prevail). If the borrower withdraws the provident fund balance before the loan is used to pay for the house, then the provident fund balance on the provident fund account will be zero, so the provident fund loan limit will also be zero, which means that you will not be able to apply for a provident fund loan, so apply Do not use your provident fund before taking out a loan. (2) Do not apply for early repayment if the loan is less than one year old; according to the relevant provisions of provident fund loans, partial early repayment should be made after one year of loan repayment, and the repayment amount should exceed the six-month repayment amount. Therefore, if the loan you apply for is less than one year old, do not apply for early repayment, because if you apply, the bank will charge more liquidated damages. (3) When your repayment ability decreases during the loan period and you have difficulty repaying the loan, don’t hold on yourself. You can submit an application to the bank to extend the loan period. If it is found true after the bank's investigation, and you have not defaulted on the loan principal and interest, the bank will accept your application to extend the loan period. However, the loan period can only be changed once according to regulations. (4) The mortgage cancellation procedures were not completed after the loan was settled. Many mortgage customers thought that everything was fine after the loan was settled. In fact, you still missed one step, which is to go through the mortgage cancellation procedures. If you don't go through the mortgage cancellation procedures, the house will still be mortgaged with the bank, so you can't dispose of the house at will, so don't forget to go through the mortgage cancellation procedures. 3. How to Calculate Housing Provident Fund The housing provident fund paid by individuals and units will be calculated with interest from the date it is deposited into the provident fund account. The housing provident fund deposited in the current year will be recorded at the interest rate of residents’ savings current deposits. The principal and interest of the housing provident fund carried forward from the previous year will be calculated according to the three Interest is calculated on monthly deposits and withdrawals.
The fiscal year of the provident fund is from July 1 of the current year to June 30 of the following year, and interest is settled on June 30 of each year. The law is objective:
"Housing Provident Fund Management Regulations"
Article 27
Applicants applying for housing provident fund loans must provide guarantees.
"Housing Provident Fund Management Regulations"
Article 26
Employees who have paid housing provident funds when purchasing, constructing, renovating or overhauling their own homes , you can apply for a housing provident fund loan from the Housing Provident Fund Management Center. The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant;
If a loan is granted, the entrusted bank shall handle the loan procedures. The risks of housing provident fund loans are borne by the housing provident fund management center.
"Housing Provident Fund Management Regulations"
Article 28
The Housing Provident Fund Management Center shall, on the premise of ensuring the withdrawal and loans of the housing provident fund, With the approval of the Management Committee, housing provident funds can be used to purchase government bonds. The Housing Provident Fund Management Center shall not provide guarantee to others.
"Housing Provident Fund Management Regulations"
Article 26
Employees who have paid housing provident funds when purchasing, constructing, renovating or overhauling their own homes , you can apply for a housing provident fund loan from the Housing Provident Fund Management Center.
The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant;
If the loan is approved, the entrusted bank shall Handle loan procedures. The risks of housing provident fund loans are borne by the housing provident fund management center.
Regulations on the Administration of Housing Provident Fund
Article 27
Applicants applying for housing provident fund loans shall provide guarantees.
"Housing Provident Fund Management Regulations"
Article 28
The Housing Provident Fund Management Center shall, on the premise of ensuring the withdrawal and loans of the housing provident fund, With the approval of the Management Committee, housing provident funds can be used to purchase government bonds.
The Housing Provident Fund Management Center shall not provide guarantees to others.