The review of provident fund loans is very strict. When buying a house, if the buyer needs a mortgage loan because of insufficient funds, he can also apply for a loan with his own provident fund when applying for a loan from the bank. At this time, the mortgage interest rate will be lower. However, the loan conditions at this time are also more stringent.
Are the requirements for provident fund loans strict? Can I come down if my credit is bad?
To apply for personal housing provident fund loan business in Tianjin China Bank, the borrower shall meet the following conditions:
(1) has a permanent residence in this city or other valid residence status in this city.
(2) Hong Kong and Macao compatriots and foreigners employed in Tianjin;
(3) Have full capacity for civil conduct, have a stable occupation and income, have the ability to repay the loan principal and interest, and have good credit;
(four) has not reached the statutory retirement age (it is otherwise stipulated by the state that it can be extended, according to its provisions, but the maximum age should be less than 65 years old);
(5) To purchase a house, there must be a purchase contract or agreement that complies with the law; New and rebuilt houses must have documents approved by the planning and land management departments; Overhaul of self-owned housing, there must be documents approved by the planning and management department;
(6) He has opened a housing provident fund account for more than 1 year, and continuously paid the housing provident fund for more than 1 year before applying for a housing provident fund loan, and his unit has no default;
(7) No housing provident fund loan debt;
(8) The down payment or self-raised funds have been paid as required;
(9) Agree to provide guarantee as required.
Because there are differences in policies and requirements for individual housing provident fund loans in housing provident fund management centers around the country, you need to consult the provident fund loan business outlets in detail or consult the local provident fund management center.
The above contents are for your reference. Please refer to the actual business regulations.
Is the preliminary examination or review of provident fund loans strict? I'm not afraid how long I can master this trial!
As we all know, the use of provident fund loans when buying a house will be relatively favorable, but similarly, the disadvantages of provident fund loans are also obvious, not only the procedures are troublesome, but also the examination is strict. With user consultation, is the preliminary examination or review of provident fund loans strict? Let me tell you briefly.
1. Is the preliminary examination or review of provident fund loans strict?
Generally speaking, the first trial of provident fund loans will be relatively strict.
This part is mainly to check the applicant's credit status and evaluate the value of the purchased house, and only need to confirm the documents and materials during the audit, such as whether the guarantee procedures are correct and whether the contract signing is standardized.
Second, what are the reasons for the failure of the first trial of provident fund loans?
1. Bad credit status: As mentioned above, the applicant's credit will be checked in the first instance. This part is very strict and requires a detailed credit report. If there is compensation on it, the overdue times are too many and it is likely to be rejected. Users with poor credit information are advised to keep it for about half a year and try again.
2. The down payment ratio is too low: when evaluating the value of real estate, banks will consider many factors such as the down payment ratio, the rise and fall of house prices, repayment ability, etc. The down payment is the most direct embodiment of the value. If the down payment is too low, the bank will think that you are short of money or too risky to refuse.
The above is about "is the preliminary examination of provident fund loans strict or the review strict?" The answer, I hope to help everyone. Generally speaking, as long as the applicant's credit status is good, his income is stable, and the down payment ratio is above 30%, it is very easy to pass, so don't worry too much.
Is it easy for provident fund loans to pass the examination and approval of banks?
After the approval of the provident fund loan bank, you can lend money. If it does not exist, what can you approve?
It's just a matter of time. In recent years, the waiting time for provident fund loans is actually very long, and it usually takes about half a year to make the next payment. Just wait patiently.
If qualified, it is relatively easy to apply for provident fund loans. Although the approval system of provident fund loans is stricter than other bank loan products, it meets the requirements of both bank loan products and provident fund management centers around the country. Therefore, as long as the conditions are met, they can generally pass the audit.
However, if the borrower does not meet the requirements, it is more difficult to apply for provident fund loans. It depends on the borrower.
In addition, provident fund loans are much more favorable than commercial loans because of the subsidies given by the state to solve the problem of "difficulty in buying a house". In order to prevent criminals from using it for illegal business, therefore, the review of property buyers is relatively strict.
Purchase process of provident fund loan
1. application
If you need to use a provident fund loan to buy a house, you need to apply for a loan at the local provident fund management center first. After the application, you need to prepare the information needed for the loan.
2. First instance center
After receiving the borrower's application, the provident fund management center will review the borrower's qualification, loan amount, loan term, loan information and other information, and make comments.
3. Credit investigation
After the preliminary examination of the provident fund management center is completed, the bank responsible for undertaking provident fund loans will investigate the credit status of the lender. In fact, it is to query the personal credit information of the lender. After the investigation is completed, the lending bank will put forward opinions and fill in the Approval Form for Individual Housing Provident Fund Loans and Portfolio Loans and send it to relevant personnel for approval. However, everyone should pay attention here. If the credit information is not very good, the loan may be rejected.
4. Sign a loan contract
After the lender is approved by the bank, the bank will notify the lender to sign a loan contract. At this time, the borrower only needs to bring the loan information such as ID card, household registration book and bank account number to the undertaking bank for signing the loan contract.
5. Insurance and mortgage registration procedures.
After the signing of the loan contract, the lender also needs to go through the insurance and mortgage registration procedures, and all the relevant expenses incurred in the process of handling shall be borne by the lender. Mortgage registration shall be handled at the local real estate registration center, and the house shall be charged at the price of 80 yuan/suite.
6. Loan allocation
After the bank completes the mortgage registration formalities and the loan contract comes into effect, the bank will transfer the loan to the account designated by the borrower and the borrower on the date agreed in the contract, and send the loan receipt to the borrower.
Is Wuhan provident fund loan approved?
Many friends will ask, is Wuhan provident fund loan a good loan? Is it difficult? In fact, "it is good to borrow if you meet the conditions! To apply for provident fund loans, the following basic conditions shall be met:
1, with full capacity for civil conduct; Identity cards, household registration books and proof of marital status of the applicant and spouse; It must be deposited normally for more than six months (including six months).
2, provident fund loans, in the inspection of credit, the requirements are more stringent. Sometimes, in order to complete the loan task, commercial banks can basically let go of some small black spots, but the requirements for provident fund are even stricter. If there are still three tired six people after the deadline, the first pass will be passed directly without waiting for the later review.
3, provident fund, do not casually withdraw, once withdrawn, it will affect the loan amount.