As we all know, the expected annualized interest rate of provident fund loans is much lower than that of commercial loans. Therefore, provident fund loans have become the first choice for many property buyers. In the actual communication with developers, there are usually signals that do not support provident fund loans or emphasize the difficulty of provident fund loans. Why is it difficult for buyers to get provident fund loans?

The developer's "discrimination" against provident fund loans is also a common hidden rule in the real estate industry. The main reason why developers are unwilling to introduce customers to use provident fund loans is the slow payment speed.

First of all, in commercial loans, the signing and preliminary examination of loan contracts are carried out at the same time; In provident fund loans, the two are separate. After the preliminary examination and evaluation, the provident fund management center will review and the guarantee center will guarantee, and then print the evaluation report and loan contract before face-to-face signing.

Secondly, commercial loans only involve banks, brokerage companies and evaluation agencies; Provident fund loans involve provident fund management centers, banks, brokerage companies, appraisal institutes and guarantee companies, which not only adds links, but also will inevitably extend the processing time if there are omissions in the cooperation between various institutions.

Thirdly, as a commercial behavior, commercial loan has been developing for many years, and its service efficiency has been continuously improved. However, as a policy loan, provident fund loans are not driven by profits, and there is still a certain gap between efficiency and commercial loans.

The cumbersome procedures of provident fund loans "scared away" some property buyers. Compared with commercial loans that can be consulted and handled in sales offices, it is really inconvenient for provident fund loans to go to provident fund management centers, banks, loan guarantee service agencies and sales offices. Moreover, the provident fund loan itself has special requirements such as time and quota, and buyers often need combined loans, so it takes more time to go through the loan procedures.

Is provident fund loan difficult? What conditions need to be met?

When it comes to buying a house, except for a few people who can pay in one lump sum, most people will choose loans to buy a house. After all, it is too stressful to take out the house payment at one time. Mortgage can choose commercial loans or provident fund loans, and the interest rate of provident fund loans is lower. Is provident fund loan difficult? What conditions need to be met?

Is provident fund loan difficult? What conditions need to be met?

Provident fund loans are not difficult, but they need to meet the conditions of local provident fund loans. Generally speaking, they have the following conditions:

The loan applicant's provident fund is normally paid in full for more than one year, and in some places it can be paid for six months;

The balance of the provident fund account should reach the specified amount;

There can be no outstanding provident fund loans under the name;

The loan applicant must be at least 18 years old, but not too old, generally not more than 65 years old for men and 60 years old for women;

Need to provide a purchase contract or agreement, you can pay the down payment;

Have a stable occupation and income, good credit information, and be able to repay the principal and interest.

Different regions may have different application requirements for provident fund. Before applying, it is recommended to call the local provident fund management center to find out the specific situation.

What should I pay attention to when applying for provident fund loans?

1. Most provident fund loans are limited. Some areas are limited to 550,000, and some areas are 600,000. People who have just worked for a long time can apply for a lower amount of provident fund. If you have the conditions, you can pay more for the provident fund if you want to buy a house.

2. Don't withdraw provident fund loans at will. Withdrawal will affect the subsequent application for loans, and the loan amount you can get will also be reduced.

3. Keep a good credit record and don't have a bad credit record. Before applying for provident fund loans, apply for less other loans, don't ask institutions for credit information too much, and the debt ratio should not be too high.

Speaking of the difficulty of provident fund loans, it is said that it is also great, but if you meet the conditions, it is not difficult to apply, and provide relevant information, your credit information and income are no problem. Generally, it can be successfully approved.

Is it really troublesome to buy a house with a provident fund loan? What's the difference between it and a commercial loan?

Buying a house in Dongguan > Many buyers will choose provident fund loans when buying a house, but they don't know how to operate. Sometimes I trust the staff in the sales office and advise me to buy a house with a commercial loan. But the question is, is the provident fund loan really troublesome? So what is the process?

New house provident fund loan (taking forward house as an example)

First, the required materials:

1, ID cards and household registration books of the applicant and the property owner;

2. Commercial housing sales contract;

3. The paid self-raised down payment voucher is generally the down payment;

4. Proof of income of the applicant and spouse;

5. Proof of marital status of the applicant and spouse (including single certificate);

6. Other required materials.

A copy of the above information is required, and the original should be brought with you when applying for and signing the contract for inspection.

Second, the provident fund loan steps

1. Calculate the loan amount and term.

Employees who apply for provident fund loans can consult with banks or housing provident funds or developers to handle related matters.

Step 2 apply for a loan

Employees must apply for a loan from the provident fund loan undertaking bank when purchasing a house, and provide a copy of the above required information. Suggest that they bring the original for inspection.

Step 3 sign a contract

After the loan application is approved, sign the loan contract at the provident fund service hall as required.

4. Go through the formalities of house purchase transaction and mortgage registration.

5. Bank loans

After the mortgage formalities are completed, the loan undertaking bank will lend money to the applicant according to the loan contract, and the loan funds will be directly transferred to the account designated by the developer.

Second-hand housing provident fund loan

First, the required materials

1, ID cards and household registration books of the applicant and the property owner;

2. Commercial housing sales contract;

3. The original of the purchased second-hand house property certificate and state-owned land use certificate.

4. Proof of income of the applicant and spouse;

5, the real estate price evaluation results

6. The transfer account certificate issued by the seller.

7. Other materials required by the provident fund.

Second, the provident fund loan steps

1. Applicants for second-hand housing provident fund loans can go to the provident fund management or loan undertaking bank to consult related matters and evaluate the loan amount and term.

2. The loan applicant receives the application form, etc. And fill in it carefully and truthfully, and submit relevant application materials. The assessment results will be issued after the provident fund management and the loan undertaking bank pass the examination.

3. Price evaluation

The loan applicant shall entrust the real estate price appraisal institution designated by the provident fund management department to evaluate the purchased real estate.

Step 4 pay a down payment

After the evaluation structure comes out, the applicant must deposit the self-raised down payment funds beyond the loanable amount into the designated account, and then obtain the deposit certificate, and then hand it over to the provident fund management or loan undertaking bank.

5, provident fund loan application review.

Step 6 sign a contract

The loan applicant completes the signing of the loan contract in the designated provident fund service hall.

7. Handle the formalities of second-hand house property right transfer and mortgage registration.

8. The loan undertaking bank will directly transfer the loan to the account designated by the applicant in the seller according to the loan contract.

The difference between provident fund loans and commercial loans is really not particularly great. What kind of loan you choose depends entirely on your own personal choice. When buying a house loan, you should combine your own personal reality and buy it in a suitable way.

Enjoy the purchase information easily, and pay attention to Dongguan Real Estate Network to bring you more information about Dongguan real estate market.

Is the provident fund loan easy to borrow?

If you have a good credit record and pay the provident fund according to the regulations, the provident fund loan is better.

Provident fund loans will be linked to credit. If your credit is poor, you can't apply for a provident fund loan. The quality of credit mainly depends on the overdue records on your credit report. If your credit report is overdue three times in a row or six times in total, you can't apply for provident fund loans. Accidentally overdue 1 time, you can also apply for a loan.

Poor credit may not be able to apply for housing provident fund loans, because personal credit is needed to apply for provident fund loans, and the requirements are as follows:

1. The applicant has not applied for provident fund loans for three or six times in two years;

Two, the applicant has a quasi credit card or credit card overdraft overdue;

3. The applicant or prospective spouse has overdue loans.

First, the provident fund loan application conditions

Employees who have continuously paid the housing provident fund in full for 6 months (the opening time of the individual housing provident fund deposit account is from the loan application time 180 days, and the deposit account is in a normal state, and the monthly continuous deposit time is more than 6 months, excluding overdue payment) and above can apply for provident fund loans or portfolio loans when purchasing self-occupied housing.

Second, what conditions must be met to apply for a loan?

1. The borrower holds legal identity documents and has full capacity for civil conduct;

2. The borrower and his spouse have good credit records and meet the auditing standards for provident fund loans;

3 have a stable economic income and the ability to repay the principal and interest of provident fund loans on time;

4. There is a real purchase behavior, except for housing commercial loans to housing provident fund loans, and the purchase behavior generally occurs within one year; The ownership of the purchased house is clear, the procedures are legal and complete, and there is no law;

5. There are no outstanding provident fund loans;

6. Agree to mortgage the purchased houses with loans, or provide guarantees in the form of government bonds, bank time deposit certificates, securities and other management centers.

To sum up, as long as you meet the requirements, it is relatively easy to apply for provident fund loans. The only problem is that the next payment time is too slow, and some developers may not wait or even support the use of provident fund. It is best to consult in advance.

Is it troublesome to apply for provident fund loans? What are the procedures for provident fund loans?

The housing provident fund is used to save money for us. Whether buying a car or a house, the provident fund has played the biggest role, saving us a huge sum of money. Now house prices are rising, and the loan interest rates of various banks are also rising, so more and more friends want to use the provident fund to buy a house. So is it troublesome to apply for provident fund loans? What are the procedures for provident fund loans?

Is it troublesome to apply for provident fund loans?

Applying for provident fund loans is a little more troublesome than applying for ordinary loans, because you need to meet some conditions of the local housing provident fund management center before you can apply for provident fund loans. Such as the applicant's ID card, photocopy, income certificate of the applicant, deposit certificate of the applicant's provident fund, photocopy of the applicant's household registration book (including the first page and the first page), photocopy of the land use certificate, photocopy of the house sales permit, purchase contract and down payment, and a copy of the above materials and marriage certificate of the spouse is also required for married people.

What are the procedures for handling provident fund loans?

1. To apply for housing provident fund loans, borrowers need to submit a written application to the municipal housing provident fund management department, then fill in the housing provident fund loan application form and provide relevant information truthfully.

2 city housing provident fund management office is responsible for the borrower's qualification, guarantor's qualification, loan amount and loan period to review and complete the contract, sign relevant contracts or agreements with the borrower, and handle insurance.

3. After the loan formalities are completed, the municipal housing provident fund management department will issue the loan to the bank, and the bank will handle the loan after receiving the certificate and transfer the loan to the designated account opened by the developer in the bank.

Is it troublesome to apply for provident fund loans?

To apply for individual housing provident fund loans in China Bank, Shaanxi Province, the materials to be provided when applying for loans:

1, loan application form;

2. Household registration book, ID card or other valid proof of residence;

3, purchase contract or letter of intent and other related documents;

4, the unit housing fund management institutions agreed to loan letter;

5. For customers who buy new commercial housing, please provide a copy of the commercial housing sales license of the sales unit; For the purchase of public houses, please provide a copy of the approval document of the higher-level housing reform management institution for the "house selling plan";

6. If there is mortgage or pledge, the guarantor agrees to the written certificate of guarantee and the guarantor's credit certificate;

7. In case of guarantee, the guarantor agrees to the written guarantee certificate and the guarantor's credit certificate;

8. The original and photocopy of the receipt that has paid more than 30% of the house purchase advance payment;

9. Other materials required by China Bank.

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.