How long do you have to pay the Changsha Housing Provident Fund before you can buy a house with a loan

1. Administrative institutions that normally pay the Changsha Housing Provident Fund for more than 12 months, and have signed a term of more than 3 years with the employer (including Employees of enterprises and units who have signed long-term labor contracts of more than 1 year for three consecutive years and have paid and deposited housing provident funds normally for more than 12 months can apply when purchasing, constructing, renovating, or overhauling ordinary self-owned housing. Housing provident fund loan.

2. Individual industrial and commercial households, freelancers and depositors who have signed an off-site loan cooperation agreement with the Changsha Housing Provident Fund Management Center and have paid and deposited the housing provident fund normally for more than 12 months (inclusive) can apply for housing provident fund loan.

Conditions for applying for a provident fund loan to buy a house in Changsha

To apply for a personal housing provident fund loan, the borrower should meet the following conditions:

1. House deposits in the housing fund management center system Provident fund;

2. Permanent residence or valid residence status in this city;

3. Purchase of self-occupied housing in the city;

4. Stable occupation and income, Have the ability to repay the principal and interest of the loan;

5. Pay the housing provident fund in full;

6. The contract or relevant supporting documents for purchasing a house, and the sales plan for selling public housing has been approved by the superior Approval by the housing management agency;

7. Guarantee method agreed by the trustee;

8. Other conditions stipulated by the client. When applying, please consult the provident fund loan business outlet or the local provident fund management center for details.

Changsha provident fund loan application process

1. Submit an application. The borrower shall provide the provident fund management center with the information required for the loan as required.

2. The bank conducts credit investigation and loan approval. No matter how you choose to borrow money to buy a house, this step cannot be avoided and will take some time.

3. Sign a loan contract. The borrower brings relevant documents to the bank to sign the loan contract.

4. Handle house property insurance and mortgage registration procedures.

5. Loan transfer. After confirming that the mortgage registration has been completed and the loan contract has come into effect, the loan undertaking bank will transfer the loan to the account designated by the borrower and the house seller on the date agreed in the contract, and send the loan receipt to the borrower.

6. Loan recovery. The borrower will repay the loan as stipulated in the loan contract starting from the month after the loan is disbursed.

7. Loan settlement and cancellation. After the borrower repays the principal and interest of the loan, the bank will issue a loan settlement certificate and be responsible for handling the mortgage registration and cancellation procedures.

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How long does it take to pay the provident fund? Get a loan to buy a house

You can only get a loan to buy a house after paying the housing provident fund for more than one year.

One of the conditions for applying for a provident fund loan to buy a house is that the lender needs to pay the housing provident fund in full and normally for more than one year. The normal payment mentioned here refers to the continuous payment, prepayment and back payment of housing provident fund on a monthly basis. Note that the time for back payment of provident fund shall not exceed three months.

If the housing provident fund is paid by an employer, it must be paid in full for 6 months before the housing provident fund loan can be used to buy a house; if the housing provident fund is paid by an individual, it must be paid in full for 1 year before the loan can be used. Use a housing provident fund loan to buy a house. Normal payment refers to continuous monthly deposits, prepayments, and back-payments to the housing provident fund. Note that the time for back-payment of the provident fund does not exceed three months.

How long does it take to pay the housing provident fund before you can get a loan to buy a house

The housing provident fund refers to state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, Long-term housing savings deposited by private non-enterprise units, social groups and their employees. It can be applied after making continuous deposits for 6 months.

1. How long does it take to pay the housing provident fund before you can get a loan to buy a house

The housing provident fund refers to state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions Long-term housing savings deposited by units, private non-enterprise units, social groups and their employees. It can be applied after making continuous deposits for 6 months.

Article 26 of the "Housing Provident Fund Management Regulations" Employees who have paid housing provident funds may apply for housing provident fund loans from the Housing Provident Fund Management Center when purchasing, constructing, renovating, or overhauling their own homes.

The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures.

The risks of housing provident fund loans are borne by the housing provident fund management center.

2. The process of applying for a housing provident fund loan is:

1. Apply to the unit provident fund management center (branch), introduce yourself, and receive materials.

2. Prepare complete written materials and submit them to the Housing Provident Fund Management Center (sub-division) for review, including review of the applicant’s loan application form, whether the purchase is legal, the amount and term of the loan, and the Determine the loan security method, etc. For loans that require appraisal, they need to be appraised by a designated appraisal agency.

3. After passing the pre-examination, the housing provident fund management department will issue an investigation notice, entrust the bank to investigate the borrower, and instruct the borrower to fill in the relevant loan contract. The investigation content includes: verifying the guarantor’s income and whether the guarantor has guarantee qualifications, etc.

4. After the investigation by the entrusted bank, if the investigation is passed, an investigation opinion letter shall be issued. The applicant shall submit the opinion letter to the Housing Provident Fund Management Center (Branch), which will conduct the investigation. Approval.

(1) The unit must pay the housing provident fund in full for 6 months before it can use the housing provident fund loan to purchase a house;

(2) The individual must pay the housing provident fund in full first After paying for one year, you can use the housing provident fund loan to buy a house.

So if you meet the conditions for the unit to pay housing provident fund, you can use it in half a year.

3. New Rules

As for the current new rules, if employees have paid in full the housing provident fund continuously for six months or more, they can apply for the housing provident fund. Personal housing loan. For those who have paid and deposited housing provident funds in other places, and the payment period in the current place of deposit is less than 6 months, the payment time can be calculated based on the payment certificate of the housing provident fund management center of the original place of deposit.

In addition to the deposit time, to apply for a provident fund loan, you also need to meet the following conditions

1. Legal and valid identity means that the applicant must have the People’s Republic of China and the National Nationality and valid resident ID card.

2. Have full capacity for civil conduct.

3. Good credit and stable income.

4. Have a purchase contract or agreement confirmed by the local real estate registration department, and be able to handle mortgage and guarantee procedures.

5. A certain percentage of the deposit has been paid as required.

Extended information:

1. When applying for a loan, the borrower must pay the provident fund in full (inclusive) for more than 6 consecutive months and deposit it into the provident fund account. Representatives include Beijing and Shanghai. City, Guangzhou City, Shenzhen City, Harbin City, Changchun City, Shenyang City, Taiyuan City, Nanjing City, Hangzhou City, Baotou City, Wuhan City, Nanchang City, Haikou City, Jinan City, Fuzhou City, Kunming City.

2. There are also cities that require continuous deposits for more than 12 months (inclusive) before you can get a loan, such as Tianjin and Changsha.

3. It should be noted that in some places, when purchasing policy housing for provident fund loans, the deposit time may be different from that of ordinary housing. For example, in Beijing, borrowers need to pay the full amount of provident fund continuously for more than 12 months ( Including).

If you have purchased housing provident fund continuously for half a year and meet the following basic conditions, you can apply for a housing provident fund loan:

1. Have permanent residents of this city or other Valid resident status and full capacity for civil conduct;

2. A legal and valid purchase contract or agreement has been signed, and the proportion of the first installment payment of the purchase price has been agreed upon;

3. Have a stable career and income, and have the ability to repay principal and interest on time;

How long does it take to pay the housing provident fund before I can get a loan to buy a house? Does the provident fund have to reach 20,000 before it can be used?

Everyone knows, After joining the company, the company needs to pay social security and housing provident funds to each employee regularly. The housing provident fund is half paid by the company and half by yourself. It can be used to apply for personal housing loans or rent a house. How long does it take to pay the housing provident fund before I can get a loan to buy a house? Does the provident fund have to be over 20,000 before I can use it?

How long does it take to pay the housing provident fund before I can get a loan to buy a house?

Employees need to pay the provident fund continuously and normally for more than 6 months , to apply for a loan. The normal payment mentioned here refers to the continuous payment, prepayment and back payment of housing provident fund on a monthly basis. Note that the time for back payment of provident fund shall not exceed three months.

However, the conditions in each region are somewhat different. For example, in Changsha, you need to pay the housing provident fund in full for more than one year before you can apply for a provident fund loan. Therefore, borrowers need to check the specific local rules and the local regulations shall prevail.

Provident Fund loan house purchase process:

1. The Housing Provident Fund Management Center will conduct a preliminary review of the materials submitted by the applicant.

2. The applicant shall go to the evaluation agency designated by the center to evaluate the value of the house purchased.

3. The applicant shall go to the center for loan review with the "Evaluation Report" issued by the evaluation agency and the preliminary review materials required by the center.

4. After passing the review, the applicant will go through the guarantee procedures according to the guarantee method of his choice.

5. If the Provident Fund Loan Center approves the loan to the lender, then a loan contract needs to be signed at this time, and then the Provident Fund Center and the relevant banks formally represent the Provident Fund Center and the relevant banks to approve the use of Provident Fund loans.

6. The borrower opens a repayment account at the lending bank and repays the principal and interest of the loan as scheduled according to the repayment method and repayment plan stipulated in the loan contract.

Does the provident fund have to exceed 20,000 yuan before it can be used?

Of course not, users can apply for a provident fund loan even if their provident fund balance does not exceed 20,000 yuan. Whether a user can apply for a provident fund loan is not determined by the balance, but by the payment time.

How long does it take to pay the housing provident fund before I can get a loan to buy a house?

1. If the housing provident fund is paid by an employer, it must be paid in full for 6 months before the housing provident fund loan can be used to buy a house;

2. If the housing provident fund is paid by an individual , you need to pay in full for one year before you can use a housing provident fund loan to buy a house.

So if you meet the conditions for the unit to pay housing provident fund, you can use it in half a year.

Extended information:

Housing provident fund refers to state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, and private non-enterprises Long-term housing savings deposited by units, social groups and their employees.

New regulations

Employees who have paid housing provident fund in full for more than 6 months (inclusive) can apply for a housing provident fund personal housing loan. For those who have paid housing provident funds in other places and paid in the current place of deposit for less than 6 months, the payment time can be calculated based on the payment certificate issued by the housing provident fund management center of the original place of deposit.