Need. For housing provident fund loans, you must find someone to guarantee. This is to prevent the risk of provident fund loans. The loan period of provident fund is relatively long (up to 9 years), which is risky and may cause various changes during the loan period. If the borrower changes greatly after the loan, it will bring greater risks to the recovery of funds and affect the safe operation of the housing provident fund. In order to ensure the safety of issuing loans, borrowers must be required to provide guarantees.
If a natural person acts as a guarantor of the housing provident fund, the guarantor of the housing provident fund loan must meet the following conditions:
1, with full capacity for civil conduct;
2. Have a fixed residence or valid residence status in the local town, and the income is relatively stable;
3. The housing accumulation fund has been paid continuously and normally for more than 6 months, and its account has paid more than 1 year;
4. No provident fund loan balance and other bad debts;
5. During the period when the borrower fails to repay the loan principal and interest in full, he may not withdraw the housing provident fund or apply for a housing provident fund loan;
6. The age of the housing provident fund guarantor and the term of the secured loan shall not exceed the statutory retirement age.
Provide guarantor materials: the guarantor of the natural person housing provident fund shall provide the guarantor's identity certificate, household registration book, income certificate and housing provident fund account number, and sign a guarantee contract with the entrusted bank.