Employees who have paid housing provident funds for a certain period of time or more in accordance with regulations can apply for provident fund loans when they have insufficient funds to purchase, build, renovate, or overhaul their own homes. How many guarantors are needed to buy a house with a loan? The following is Let’s learn about it together. I believe that after reading this article, everyone will have a certain understanding.

Employees who have paid housing provident funds for a certain period of time or more in accordance with regulations can apply for provident fund loans when they have insufficient funds to purchase, build, renovate, or overhaul their own homes. How many guarantors are needed to buy a house with a loan? The following is Let’s learn about it together. I believe that after reading this article, everyone will have a certain understanding.

What are the conditions for a Chengdu housing guarantor?

1. Have a permanent urban residence or valid residence status (currently, refers to the official residence in the city within the urban area, development zone, and bonded zone), have a stable occupation and income, have good credit, and have the ability to repay loans Ability to pay principal and interest; have a contract or agreement to purchase a house.

2. Open a savings deposit account (or pay a housing provident fund deposit) at the lending bank. The balance of the deposit accounts for no less than 30% of the amount required to purchase the house, and use this as the down payment; The guarantee company agrees to be the guarantor for the borrower to repay the principal and interest of the loan and assume joint and several liability, with assets recognized by the guarantee company as collateral.

3. Have full capacity for civil conduct; have a local urban permanent residence or valid residence status, relatively stable income; have paid and deposited the housing provident fund normally for more than 6 months continuously and have more than 1 year of deposit amount in their account ; There is no provident fund loan balance and other non-performing debts; the borrower is not allowed to withdraw housing provident fund or apply for housing provident fund loan while the borrower has not repaid the principal and interest of the loan in full.

How many guarantors are needed to buy a house with provident fund loan in Chengdu?

1. Choosing a guarantor to guarantee is a joint and several liability guarantee. Currently, joint and several liability guarantees generally require two people. If a natural person is used as the guarantor of the housing provident fund, the guarantor of the housing provident fund loan must meet the following conditions: have full civil capacity; have a local urban permanent residence or valid residence status, and have a relatively stable income.

2. The housing provident fund has been paid continuously and normally for more than 6 months and the deposit amount is more than 1 year in the account; there is no provident fund loan balance and other bad debts; the borrower shall not repay the principal and interest of the loan in full. Withdraw housing provident fund or apply for a housing provident fund loan.

3. The age of the housing provident fund guarantor and the term of the guaranteed loan shall not exceed the legal retirement age. The natural person housing provident fund guarantor should provide the guarantor's identity document, household registration book, income certificate and housing provident fund account number, and sign a guarantee contract with the trustee bank.

The above is what I have learned about what are the conditions for a housing guarantor in Chengdu? How many guarantors are needed for Chengdu Provident Fund loan to buy a house? I believe that after reading this, you can handle it in time when needed, which will save you a lot of time.