1. What is a portfolio loan?
Portfolio loan refers to a borrower who meets the conditions of personal housing commercial loan. While handling personal housing commercial loan, he can also apply for personal housing provident fund loan. The borrower can use the purchased urban self-occupied housing (or other guarantee methods recognized by the bank) as collateral and apply for personal housing provident fund loan and personal housing commercial loan from the bank at the same time.
Simply put, provident fund loans and commercial loans are used at the same time. Generally, it is only used when personal loans exceed the maximum amount of provident fund loans stipulated by the local authorities. For example, buying a high-grade house requires a loan of 6.5438+0 million yuan, while the local provident fund management center stipulates that the maximum provident fund loan is 600,000 yuan. In this case, the remaining 400,000 yuan will be used for commercial loans, and the interest cannot enjoy the interest of provident fund loans.
Second, the portfolio loan processing flow
1. Apply for a loan at the loan bank.
The borrower applies for housing provident fund loans to the real estate credit departments of all districts and counties with a copy of the purchase contract and the developer's housing sales license, ID card, housing provident fund savings magnetic card and seal (if both husband and wife use housing provident fund loans, they must also bring their marriage certificate or other proof of husband and wife relationship), and fill out the Application Form for Individual Housing Provident Fund Loans (Combined Loans).
2. Bank audit
According to the information provided by the borrower, the loan bank examines whether the borrower meets the loan conditions, calculates the loan amount and determines the loan term.
3. Sign a loan contract with the loan bank.
After the loan bank examines the borrower's application, the borrower signs a loan contract and a mortgage contract with the bank (signing a pledge contract without housing guarantee).
4, to the property department for loan guarantee procedures.
There are two ways to guarantee housing provident fund loans (portfolio loans), and borrowers can choose either one according to their actual situation.
5, housing mortgage insurance procedures.
After the borrower completes the mortgage or pledge formalities in the property right department, he shall submit the loan information together with the loan contract, mortgage contract (pledge contract), house ownership certificate and mortgage certificate to the loan bank for home insurance formalities.
6. Sign the repayment agreement and transfer money.
If repayment is made by withholding savings card, the borrower shall apply for withholding savings card repayment at the savings outlets and sign a withholding agreement with the lending bank. Where the entrusting unit withholds repayment, the entrusting unit shall sign an agreement with the loan bank.
7. Bank remittance
The borrower shall go to the loan bank to handle the payment formalities according to the time agreed with the loan bank, and the loan bank will allocate the money to the house selling unit; The borrower shall withdraw the repair and construction loan as agreed in the loan contract.
Knowing the above portfolio loan process, if you meet the requirements, you must remember to use it when buying a house, which can save a lot of money.
(The above answers were published on 20 15- 10-28. Please refer to the current actual purchase policy. )
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