So what principles should be followed in choosing portfolio loans? What are the requirements? What should I do? Look down there.
First of all, the choice of portfolio loans should follow two principles.
1, the principle of optimal combination of portfolio loans. If buyers choose portfolio loans, they should make as many provident fund loans as possible and as few commercial loans as possible. Because the interest rate of provident fund loans is far more favorable than that of commercial loans, it can save more interest;
2. The down payment principle is loose. The down payment can't use up the cash on hand, so as not to affect the payment of the house payment because the loan can't be approved, but it also needs to be combined with the individual's affordability.
Two. Requirements for applying for portfolio loans
1. The borrower has legal status, that is to say, it must have legal and valid identification materials.
2. The borrower is a natural person who has paid the housing provident fund in full and on time.
3, a stable economic income, good credit, the ability to repay the loan principal and interest.
4. There are legal and effective purchase (construction, overhaul) contracts and agreements and other supporting documents required by the loan bank.
5. Ensure that the self-raised funds above 30% of the total price of the purchased house are used to pay the down payment of the purchased house. According to different regions, there may be different regulations. Please consult relevant local departments for details.
6. Mortgaging or pledging the assets recognized by the loan bank, or (and) using legal persons, other economic organizations or natural persons with sufficient compensatory capacity as guarantors.
7. Meet the loan conditions stipulated by the local provident fund management department.
8. Other conditions stipulated by the lending bank for portfolio loans.
Third, the specific process of handling portfolio loans.
1. The borrower applies to the housing fund management center for provident fund loans and provides loan materials, and submits them to the housing fund management center for approval.
2, with the housing provident fund management center approved the loan amount, duration, interest rate and other information, to the loan bank to apply for supporting personal housing loans.
3. After accepting the loan, the loan bank evaluates the borrower's credit standing, occupation, income and repayment ability according to the information provided by the borrower, evaluates whether the borrower meets the loan conditions, calculates the loan amount, determines the loan term, and gives the borrower a reply within 10 working days.
4, after the approval of the loan bank, signed a housing provident fund entrusted loan contract, individual housing loan contract and mortgage loan contract with the borrower.
5. When the borrower goes to the property right department to handle the loan guarantee formalities, there will be two guarantee methods to choose from, and the borrower can choose either one according to his actual situation.
6. After the borrower completes the mortgage or pledge formalities in the property right department, he shall submit the loan information together with the loan contract, mortgage contract (pledge contract), house ownership certificate and mortgage certificate to the loan bank for home insurance formalities.
7. The borrower signs a transfer and deduction agreement with the bank.
8. The lending bank will transfer the portfolio loan to the bank account established by the borrower according to the transfer agreement.
The above is Bian Xiao's knowledge about handling portfolio loans for everyone, hoping to help you buy a satisfactory house as soon as possible!
(The above answers were published on 20 15- 12-20. Please refer to the actual purchase policy. )
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