There are two ways to apply for provident fund personal housing loans:
1. The borrower directly applies for a loan from the provincial (city) capital center. Processing flow:
The first step is to consult in the center and get the application form: the buyers and sellers of the house and their spouses (unmarried or divorced, they should issue certificates) hold the ownership certificate of the house, the original state-owned land use certificate, and the original household registration book, ID card and marriage certificate, and go to the provincial (city) capital center to pre-register and get the application form for provident fund loans.
Step 2: The borrower submits the following loan information to the provincial (city) capital center:
(1) provident fund loan application form;
(2) proof of deposit of provident fund (or household registration book of housing provident fund) and proof of economic income;
(3) the evaluation report of the purchased house;
(4) The stock house sales contract signed by the buyer and the seller;
(5) Real estate license and state-owned land use certificate in the name of the original seller (original and photocopy);
(6) Both husband and wife's ID card, household registration book and marriage certificate (original and photocopy, and single employee shall provide single certificate. )
Step 3: Acceptance and approval by the "center": the provincial (city) capital center accepts the information of loan applicants, and approves and determines the loan amount and term.
The fourth step is transaction transfer: the buyer and the seller go to the real estate bureau and the Land and Resources Bureau to handle the transfer procedures of the "two certificates" transaction.
Step 5: Sign the contract: The borrower takes the transferred "two certificates" and deed tax payment invoice (original and photocopy) to the provincial (city) capital center, and the provincial (city) capital center issues a loan commitment letter to the designated bank to sign loan documents such as loan contract and mortgage contract, and the seller opens a special deposit account in the loan bank.
Step 6: Mortgage: The borrower goes to the real estate bureau to register the mortgaged house and get the real estate license.
Step 7: Lending: After all the loan procedures are completed, the provincial (municipal) capital center will directly transfer the loan funds to the deposit account opened by the seller through the bank.
Step 8: Monthly repayment: The borrower repays the loan principal and interest on a monthly basis according to the loan contract until the loan is fully paid off.
Step 9: Settle the loan: After the borrower settles the last loan, I personally go to the loan bank and go through the repayment settlement procedures at the counter.
Step 10 Mortgage Cancellation: After the borrower has repaid all the loan principal and interest, he shall go through the mortgage registration cancellation formalities with the original real estate mortgage registration department with the settlement certificate and mortgage cancellation certificate issued by the loan bank, the original house purchase contract or real estate license and personal ID card.
2. The borrower entrusts an intermediary company to handle the formalities.
In the first step, the customer directly consults with the guarantee company or intermediary company and gets the loan application form.
Step 2: The borrower submits a complete set of loan information to the guarantee company or intermediary company, which will send it to the municipal capital center for approval.
Step 3: The provincial (municipal) capital center will issue a loan commitment letter after examining and approving the loan qualification, amount and term.
Step 4, the guarantee company or intermediary company handles the transfer procedures of real estate license and land certificate for the buyers and sellers of houses, and the loan bank signs a loan and mortgage contract with the borrower, and signs a tripartite agreement with the guarantee company or intermediary company to provide guarantee.
Step 5 After the transfer of the real estate license, the municipal capital center can release the loan funds, and directly transfer the loan funds into the deposit account opened by the seller through bank transfer, and the borrower will repay the loan principal and interest on a monthly basis from the month following the loan contract.
Step 6: The guarantee company or intermediary company handles the mortgage registration formalities for the borrower, and submits the house ownership certificate to the loan bank for safekeeping and filing.
To sum up, buying a second-hand house can apply for a provident fund loan. Please consult the local self-occupied provident fund management center for details.
Please accept it if you are satisfied, thank you!