I. Calculation of the loan amount of provident fund
According to the account balance, if an employee applies for a housing provident fund loan, the loan amount shall not be higher than 10 times of the housing provident fund account balance when the employee applies for a loan (if the spouse housing provident fund is used to apply for a housing provident fund loan at the same time, it is the sum of the employee's and spouse's housing provident fund account balances), and if the housing provident fund account balance is less than 20,000, it shall be calculated as 20,000;
Second, what should I pay attention to when buying a house with a provident fund loan?
1. In the process of applying for provident fund loan, the loan applicant must submit a written application to the housing provident fund management center and fill in the application form truthfully. City housing provident fund management center is responsible for the borrower's qualification, guarantor's qualification, loan amount and loan term review and contract filing, and then the borrower signs relevant contracts and agreements, and handles insurance according to the regulations of the People's Bank of China.
2 after the loan formalities are completed, the city housing provident fund center will sign the loan approval notice to the bank. After receiving the loan notice, the bank will go through the loan procedures and transfer the money to the designated bank account where the developer is located. It is particularly important to note here that the loan amount cannot exceed the maximum amount. When using housing provident fund loans, we should pay attention to the local provident fund loan policy. The calculation method varies from place to place, subject to local policies.
Third, the process of handling housing provident fund loans
1. Preliminary review: review the materials submitted by the residential applicant, including the applicant's qualification, loan amount, loan period, etc. After passing the preliminary examination, the base will issue a notice of collateral review and evaluation.
2. Appraisal: The applicant takes the collateral appraisal notice to the appraisal institution designated by the base to appraise the value of the purchased house. Affordable housing does not need to be evaluated.
3. Review: The applicant will go to the base to review the loan with the assessment statement issued by the assessment agency and the preliminary materials applied by the base. Meet the conditions, the base will issue the "residential fund management base guarantee entrusted loan inquiry notice".
4. Handling the guarantee formalities: The applicant shall handle the guarantee formalities by choosing the guarantee method on the basis of the Inquiry Notice on Entrusted Loan Guaranteed by Residential Fund Management Base. If mortgage+guarantee is selected, the guarantor shall issue a written guarantee; If you choose mortgage+guarantee or third-party guarantee, you should apply for insurance in the guarantee company or go to the guarantee institution to handle the entrusted guarantee procedures.
5. Sign a loan contract.
6, residential fund management base and the entrusted bank signed a loan agreement.
7. The lender directly applies for a loan from the residential fund management base, and the entrusted occupation can collect the lender's application materials on behalf of the lender as needed and submit them to the residential fund management base for examination and approval.
8 residential fund management base approved the amount, duration and interest rate of each loan, and signed an entrusted loan contract with the entrusted bank.
9. According to the agreement in the entrusted loan contract, the entrusted bank will handle the loan formalities after signing the entrusted housing provident fund loan mortgage contract, entrusted housing provident fund loan pledge contract and entrusted housing provident fund loan guarantee contract with the lender respectively.
10. The entrusted bank directly transfers the loan to the designated account opened by the seller in the entrusted bank.