application process of provident fund loan
1. Submission of materials
When the borrower applies for provident fund loan at the management department of the provident fund management center where he has paid the provident fund, if he chooses the guarantee center to provide guarantee, he shall submit all the materials required for personal loan application, including personal and spouse's ID card, household registration book, marriage certificate, divorce certificate, proof of down payment for house purchase, house purchase contract, proof of housing provident fund deposit, etc.
2. notice of review
after the loan application is approved in the first instance, the management department will issue a notice of review of guarantee application, print the loan contract, mortgage (counter-guarantee) contract and other relevant legal documents, and submit all personal loan information to the guarantee center.
3. Approval
The guarantee center will review the guarantee application, and if the borrower meets the guarantee conditions, the guarantee center will issue a Letter of Approval for Guarantee Application; If the borrower entrusts an intermediary agency to handle the provident fund loan, the agency shall be responsible for the guarantee application procedures and collect the guarantee service fee. (Note: The agency intermediary must have the qualification certification of Beijing Housing Provident Fund Management Center and sign a cooperation agreement with the guarantee center. )
4. Payment
The borrower shall pay the guarantee service fee according to the Approved Opinion on Guarantee Application. The guarantee center shall issue an invoice for the guarantee service fee, and affix the official seal of the guarantee center to the legal documents such as Loan Contract, Mortgage (Counter-guarantee) Contract and Custody Contract that have been approved.
5. Transfer of materials
The approved personal loan application materials (including the sealed contract) will be transferred by the guarantee center to the housing provident fund management department; If an intermediary agency is entrusted, the intermediary agency shall be responsible for the transmission of the above information.
6. signing the contract
the housing provident fund management department supervises and guides the loan applicant to sign the loan contract, mortgage (counter-guarantee) contract and other relevant legal documents.
the establishment of employee housing accumulation fund is a measure to promote the housing system reform in China, aiming at solving the housing difficulties of employees by sharing the burden among the state, the collective and the individual. Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. According to the regulations, all employees who have paid the provident fund have the right to enjoy such loans, and they can apply for provident fund loans according to the relevant provisions of provident fund loans.