When going through the procedures for buying a house, you can just use a provident fund loan.

State-owned enterprise employee loan house purchase process:

1. Choose real estate

If home buyers want to obtain mortgage services for their houses, they should focus on understanding these points when choosing real estate. aspects of content. When buyers learn that mortgage loans are available for some projects in advertisements or through introductions by sales staff, they should further confirm whether the property developed and constructed by the developer has received support from the bank to ensure the smoothness of the mortgage loan process.

2. Apply for a mortgage loan

After confirming that the property you choose is supported by a bank mortgage, the home buyer should learn from the bank or the bank’s designated law firm about the bank’s requirements for the home buyer to obtain Regulations on mortgage loan support, prepare relevant legal documents, and fill in the "Mortgage Loan Application Form".

3. Bank review

After the bank accepts the home buyer’s loan application, it must conduct a qualification review on the home buyer from aspects such as civil subject qualifications, credit status, and repayment ability to confirm whether Meet specified conditions. If a home buyer blindly signs a home purchase contract with a developer without obtaining confirmation of bank mortgage loan support, he will not be able to obtain a mortgage loan if he does not meet the bank's conditions, which will result in a passive financial situation and be forced to choose other payment methods. , thus affecting one's own financial arrangements, and even giving up buying a house, resulting in the loss of the deposit.

4. Sign a home purchase contract

The bank receives the mortgage application and relevant legal documents submitted by the home buyer. After reviewing and confirming that the home purchaser meets the conditions for the mortgage loan, the bank will issue the home purchaser's consent. Loan Notice or Mortgage Loan Commitment Letter. Home buyers can sign a "Commercial Housing Pre-sale and Sales Contract" with the developer or its agent.

5. Sign a building mortgage contract

After signing the house purchase contract and obtaining the proof of payment, the buyer must sign the "Mortgage Mortgage Contract" with the developer and the bank with the relevant legal documents stipulated by the bank. "Building Mortgage Loan Contract" clarifies the mortgage loan amount, term, interest rate, repayment method and other rights and obligations.

6. Handle mortgage registration and insurance

House buyers, developers and banks should go to the real estate management department to handle mortgage registration and filing procedures with the "Building Mortgage Loan Contract" and the house purchase contract. For off-plan properties, mortgage changes should be registered after completion. Usually, because the mortgage loan period is relatively long, banks require homebuyers to apply for life and property insurance in order to prevent loan risks. When a homebuyer purchases insurance, the bank should be listed as the first beneficiary. The insurance must not be interrupted during the loan performance period, and the insurance amount must not be less than the total value of the mortgage. The insurance policy is kept by the bank until the loan principal and interest are repaid.

7. Open a special repayment account

After signing the "Building Mortgage Loan Contract", according to the contract, the home buyer should open a special repayment account at a financial institution designated by the bank. loan account and sign a letter of authorization authorizing the institution to pay the bank's loan principal, interest and arrears related to the mortgage loan contract from the account. After the bank confirms that the home buyer meets the mortgage loan conditions, fulfills the obligations stipulated in the "Building Mortgage Loan Contract", and goes through the relevant procedures, the bank will transfer the loan to the developer's bank supervision account opened in the bank at one time as the home purchase price. .