Housing accumulation fund loan purchase process
1, individual urban workers and their units must pay the housing accumulation fund continuously for one year;
2. The borrower purchases affordable housing recognized by the lender;
3. Have permanent residence in cities and towns or valid residence status; Have a stable occupation and income, and have the ability to repay the principal and interest of the loan; Having a house purchase contract or relevant supporting documents;
4. The borrower agrees to mortgage the property listed in the house sales contract signed with the developer to the lender, giving the lender priority mortgage and compensation as a guarantee for repayment of principal and interest;
5. The borrower has the ability to pay not less than 30% of the funds needed for house purchase;
6. Other conditions stipulated by the lender.
Information to be submitted:
Personal data:
Four copies of the identity certificate of the individual (hereinafter referred to as the borrower) applying for the loan and the relevant identity certificate of the spouse (ID card or other valid documents);
Four copies of the borrower's marriage certificate (single certificate, marriage certificate, divorce certificate or divorce judgment, and the widowed person must provide the death certificate of the other party);
4 copies of valid vouchers for payment of house purchase price;
4 copies of the income certificates of the borrower and spouse respectively;
4 originals of legal house purchase contract;
The seal of the borrower and his spouse;
In addition, the borrower's housing provident fund deposit certificate is required.
Housing construction audit information:
Commercial housing pre-sale permit or housing reform approval;
Construction project planning permit;
Construction permit for construction project;
Construction land planning permit;
State-owned land use certificate;
View floor plan and floor plan.
Provident fund loan purchase process:
1. preliminary examination: the housing provident fund management center conducts preliminary examination of the materials submitted by the applicant, including the applicant's qualification, loan amount, loan period, etc. After passing the preliminary examination, the center will issue the Notice of Collateral Review and Evaluation.
2. Appraisal: The applicant will go to the appraisal institution designated by the center to appraise the value of the purchased house with the notice of mortgage examination and appraisal, and the affordable housing does not need to be appraised.
3. Audit: The applicant will go to the center for loan audit with the evaluation report issued by the evaluation agency and the preliminary examination materials required by the center. If qualified, the center will issue the Notice of Investigation on Entrusted Loans of xx Housing Provident Fund Management Center.
4. Handling guarantee procedures: The applicant holds the investigation notice of xx Housing Provident Fund Management Center to guarantee entrusted loans, and handles guarantee procedures according to the guarantee method he chooses. If mortgage+guarantee is selected, the guarantor shall issue a written guarantee; If you choose mortgage+insurance or third-party guarantee, you should apply for insurance in an insurance company or go through the formalities of entrusted guarantee in a guarantee institution.
5. Sign a loan contract.
The interest rate of provident fund loans is lower than that of commercial loans. Within five years (including five years), the monthly interest rate is 3.45‰, and the annual interest rate is 4. 14%. For more than 5 years, the monthly interest rate is 3.825‰ and the annual interest rate is 4.59%. The state stipulates that the maximum amount of provident fund loans cannot exceed twice the amount of housing provident fund paid by borrowers within their retirement age. The state stipulates that the loan period is one to ten years, but the longest period is not more than twenty years. Banks generally require borrowers to pay interest first, and then pay the same amount of principal and interest. Generally speaking, banks have three ways to determine how much to lend to borrowers and how long to borrow them.
1. The loan amount is determined according to 10 times of the balance of housing accumulation fund paid by the borrower;
2. Take 40% of the borrower's total salary as the loan amount that can be applied;
3. According to the borrower's monthly repayment ability and the bank's monthly loan interest rate of 3.825‰, the approximate repayment period can be calculated by substituting the corresponding formula. In addition, the bank will "repay the loan" to the provident fund in March each year, and the reduction amount will not exceed 12 times of the monthly repayment amount of that year. In other words, the provident fund you pay can not only apply for a loan with lower interest rate, but also help you repay part of the loan amount.
Commercial loan process
The first step: signing a tax contract is the first step in the process of buying a house with a loan. Sign pre-sale contracts and sales contracts; Pay the down payment according to the specific requirements of the developer; Pay stamp duty to the developer at 0.5% of the house price.
Step 2: Submit the loan application for buying a house. The most complicated and important step in this process is to submit an application. Unlike housing provident fund loans to buy a house, commercial loans to buy a house should be filled out and submitted in accordance with the regulations. (1) Fill in the application materials: 1, personal housing loan application form 2, personal housing loan contract 3, loan housing ownership certificate custody contract 4, power of attorney 5, commitment letter 6, conversation record.
(2) Submit application materials: 1, ID card, household registration book, temporary residence permit, marriage certificate, academic certificate and other relevant certificates of the applicant and spouse. 2. The original purchase agreement. Proof of the applicant's family income and related assets, including payroll, personal income tax bill, income certificate issued by the company, bank deposit certificate, etc. In the process of understanding how to borrow money to buy a house, you will find that, like the process of housing provident fund loan to buy a house, you will complete the above-mentioned loan purchase procedures and complete the application, and then the bank will wait for approval.
Step 3: Bank Audit According to the information provided by the lender, the bank will audit the lender's credit standing, loan amount and loan term. This step of the loan purchase procedure is dominated by the bank and is the key to the success of the loan application. Step 4: After the bank approves the loan-related contract, it signs a series of contract documents with the lender. Most people think that after signing the contract, the process of buying a house with a loan is over. In fact, we have only completed most of the work in the loan purchase procedure, and there is still one step. Step 5: The lender repays the loan on a monthly basis. The last step of buying a house is to repay the loan. The whole process of buying a house with a loan is not really over until the date when the loan is fully returned.
Mortgage purchase process
I. business process consultation > accepting applications > pre-loan investigation > loan approval > lending > loan recovery > loan management.
Two. A brief description of each link in the process
1, Consulting, Application Acceptance and Pre-loan Investigation (1) The consulting manager provides consulting services to customers, including: type, object, conditions, amount, term, interest rate and repayment method. (2) Accept the application after consultation with CCB, and the borrower shall fill in the Application Form for Personal Housing Loan of Zhejiang Branch of China Construction Bank as required to apply for the loan, and provide the following materials: mortgagor's ID card and husband-wife relationship certificate (valid certificate, borrower's income certificate, house purchase contract, down payment certificate, written certificate of guarantor's consent to guarantee and other relevant materials required by CCB). (3) After accepting the loan application, the pre-loan investigation manager shall investigate the completeness, authenticity, validity and legality of the application form and required materials submitted by the loan applicant. Through the pre-loan investigation, it is considered that it meets the loan conditions and is ready for approval.
2. Loan approval (1) Credit personnel of the handling bank-person in charge of the credit department-person in charge of the handling bank within the approval authority of the handling bank (2) Approval of the handling bank outside the approval authority of the handling bank-reported to the person in charge of the credit approval agency of the superior bank for approval. After investigation, the situation was stated in the Approval Form of Personal Housing Loan of China Construction Bank and the review opinions were written, and the Loan Approval Form and the approval materials were submitted to the person in charge of the credit department. Beyond the approval authority of the branch, the branch shall sign the opinions and report to the credit approval authority of the superior bank for approval.
3. Sign the loan issuance contract-go through the formalities of mortgage registration, insurance and notarization. -Fill in various vouchers after the contract comes into effect-The borrower opens a deposit account-Go through the loan transfer formalities. (1) After signing the contract loan for approval, the handling personnel will sign relevant contracts with this contract, the borrower (borrower, mortgagor and guarantor) and the authorized signatory of China Construction Bank according to different loan purposes and loan guarantee methods. (2) After handling mortgage registration, insurance notarization, opening a borrower's deposit account, signing a mortgage contract, receiving the collateral and other related procedures, the credit department will register the "Collateral (pledge) and Warrant Register" item by item according to the collateral (pledge), and fill in the "Collateral (pledge) of China Construction Bank" according to the value of the collateral (pledge). (3) After the contract comes into effect, fill in various accounting vouchers. (4) Handling the loan transfer formalities After receiving the payment notice from the credit department and checking it, the accounting department will handle the loan transfer formalities according to the relevant regulations and procedures, and the transfer will adopt one of two ways: direct payment or special transfer.
4. Entrusted deduction method for loan recovery (1): The borrower shall sign an entrusted deduction agreement with the loan bank. (2) Counter repayment method: The borrower will hand over the cash or credit card or savings card to the counter manager for handling.
5. Post-loan management (1) daily management: tracking management, inquiry and analysis, including loan account, daily loan notice, overdue collection, post-loan inspection, inquiry and statistics, and daily custody of mortgaged (pledged) things until the loan is settled. (2) Withdrawal of collateral: After the borrower pays off all the loan principal and interest on schedule, the credit department cancels the "Register of Mortgaged (Pledged) and Warrant", fills in the "Notice of Transfer of Mortgaged (Pledged) Property of China Construction Bank" and notifies the accounting department and the mortgaged (Pledged) storage department. After the accounting department, the custody department and the custody department have verified the correctness, they shall go through the corresponding procedures of clearing accounts and refunding fees. (3) File management: After each loan is completed, the credit handling personnel will regularly sort out the relevant information collected, submit the original contract to the file administrator, and handle the relevant handover procedures. A copy of the contract is kept by the credit department for daily management. After the loan principal and interest are settled, the credit department will notify the archivist to formally file.
Conclusion: In fact, the provident fund is not only used to buy a house as people know, but also can be used for other purposes if we want the provident fund to play more roles. However, the relevant staff of a housing provident fund management center suggested that it is necessary to go to the public security bureau to open a certificate of no room and a rent invoice to withdraw the provident fund to rent a house. It's too much trouble to get a few hundred dollars at a time. If you plan to buy a house in the future, it's more cost-effective to take it out in one breath when you need it in the future.