Provident fund loan process:

1. Employees who have paid the housing provident fund shall apply for housing provident fund loans from the housing provident fund management center;

2. The housing provident fund management center shall, within 15 days from the date of accepting the application, make a decision on whether to grant or not to grant the loan, and notify the applicant that if the loan is granted, the entrusted bank shall go through the loan formalities;

3, the applicant to apply for housing provident fund loans, should provide a guarantee.

legal ground

Article 26 of the Regulations on the Management of Housing Provident Fund

Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.

The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.

The risk of housing provident fund loans shall be borne by the housing provident fund management center.

Article 27

Applicants who apply for housing provident fund loans shall provide guarantees.

What is the process of buying a house with provident fund loans?

If the individual housing provident fund loan business is handled in Guangdong Province (except Shenzhen), the loan handling process is as follows: for the provident fund loan business, the bank or the provident fund management center (and its entrusted institution) accepts the customer's loan application and submits it to the provident fund management center for approval. After the approval, according to the entrustment agreement and the relevant regulations of the local provident fund management center, under the effective authorization, the bank or institution entrusted by the provident fund management center will assist the provident fund management center to sign the personal housing provident fund loan contract face to face with the customer and handle the mortgage registration. After the approval of the provident fund management center, the bank will pay the allocated funds to the corresponding account agreed in the Individual Housing Provident Fund Loan Contract according to the amount, term and interest rate of each loan determined by the provident fund management center. After the loan is issued, the borrower shall repay the loan on time in accordance with the individual housing provident fund loan contract. 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.

Detailed explanation of the process of buying a house with provident fund loan

The purchase process of provident fund loan is detailed as follows:

1, first trial

The housing provident fund management center conducts a preliminary examination of the materials submitted by the applicant, including the applicant's qualification, loan amount, loan period, etc. After passing the preliminary examination, the center will issue the Notice of Collateral Review and Evaluation.

Step 2 evaluate

The applicant holds the Notice of Collateral Examination and Evaluation to the appraisal institution designated by the Center to appraise the value of the purchased house. Affordable housing does not need to be evaluated.

Step 3 review

The applicant holds the evaluation report issued by the evaluation agency and the preliminary examination materials required by the center to the center for loan review. Meet the conditions, the center issued the "housing provident fund management center entrusted loan investigation notice".

4. Go through the guarantee formalities

The applicant holds the "Notice of Investigation on Entrusted Loan Guaranteed by Housing Provident Fund Management Center" and goes through the guarantee formalities according to the guarantee method he chooses. If mortgage guarantee is selected, the guarantor shall issue a written guarantee; If you choose mortgage insurance or third-party guarantee, you should apply for insurance in an insurance company or go through the formalities of entrusted guarantee in a guarantee institution.

5. Sign a loan contract

6, housing fund management center and the entrusted bank signed a loan agreement.

7, the borrower directly to the housing fund management center to apply for loans, the entrusted industry can collect the borrower's application materials according to the need, unified housing fund management center for approval.

8 housing fund management center approved the amount, duration and interest rate of each loan, and signed an entrusted loan contract with the entrusted bank.

9. According to the entrusted loan contract, the entrusted bank shall go through the loan procedures after signing the Mortgage Contract for Housing Provident Fund Entrusted Loan, the Pledge Contract for Housing Provident Fund Entrusted Loan and the Guarantee Contract for Housing Provident Fund Entrusted Loan with the borrower respectively.

10. The entrusted bank directly transfers the loan to the designated account opened by the seller in the entrusted bank.

Extended data:

Matters needing attention in buying a house with provident fund loan:

1. Before applying for provident fund loans, you must correctly evaluate your ability to purchase loans and make full preparations. There are some differences between provident fund loans and commercial loans. We must be clear about the requirements for applying for provident fund loans in advance, choose the types of individual housing loans, and the most important thing is to fully evaluate our repayment ability and repay in full as agreed.

2. Prepare loan materials, whether it is commercial housing or second-hand housing, or the unit raises funds to build a house. Find out what materials are needed and prepare them as required. Applicants may wish to make a list and prepare them one by one to avoid confusion.

3. The amount of provident fund loans cannot exceed the upper limit, and the total withdrawal cannot exceed the total amount of real estate. Moreover, the balance of the provident fund account cannot be used for the down payment of house purchase. If the amount of the provident fund loan is not enough to pay the house price, there is no need to give up the provident fund loan in a hurry. After the use of provident fund loans, the remaining housing prices can also use commercial loans.