Provident fund loan is the first choice for many Zhengzhou property buyers, but in the process of loan, there will be a series of unknown problems, such as what is the specific process of Zhengzhou provident fund loan? How long is the loan term? What is the expected annualized interest rate of the loan?

I. Term of Zhengzhou Provident Fund Loan:

1, with a maximum loan term of 30 years;

2. Buying a second-hand house 15 years or more, loan period+house age ≤30 years;

3. The sum of the borrower's age and the loan term shall not exceed his legal retirement age.

Two. Expected annualized interest rate of Zhengzhou provident fund loan:

For loans with a loan term of less than five years (including five years) and loans with a loan term of more than one year, the expected annualized interest rate is 3.25%.

III. The loan process of Zhengzhou Provident Fund is as follows:

1. loan application: go through the loan formalities (forward delivery) or confirm the loan qualification (second-hand house, remortgage).

2. Handling guarantee procedures: the borrower and the guarantee company handle guarantee and mortgage procedures.

3. Signing a contract: The borrower signs an iou and entrusted deduction agreement with the bank.

4. Bank loan: The housing provident fund management center is entrusted by the bank to issue loans.

5. Receiving the contract: The guarantee company informs the borrower to receive the entrusted loan contract and mortgage contract.