1. Apply for a loan at the loan bank.
Borrowers of portfolio loans apply 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 a marriage certificate or other proof of husband and wife relationship), and fill out the Application Form for Individual Housing Provident Fund Loans (Portfolio Loans).
2. Banks review loans.
According to the information provided by the borrower of the portfolio loan, the loan bank evaluates 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.
Then, 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 the portfolio loan, and the borrower can choose either one according to his actual situation.
5, housing mortgage insurance procedures.
After completing the mortgage or pledge formalities in the property right department, the borrower of the portfolio loan 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.
Borrowers of portfolio loans who repay by withholding savings card shall apply for withholding savings card repayment at savings outlets and sign a withholding agreement with the loan bank. Where the entrusting unit withholds repayment, the entrusting unit shall sign an agreement with the loan bank.
7. Bank remittance
The borrower of the portfolio loan goes to the loan bank to handle the collection formalities according to the time agreed with the loan bank, and the loan bank transfers the money to the house selling unit; The borrower shall withdraw the repair and construction loan as agreed in the loan contract.
In fact, the process of handling the portfolio loan for house purchase is also very simple, and there is not much trouble compared with the general loan process. However, buyers should pay attention to whether developers or sellers accept portfolio loans, because the lending cycle of portfolio loans is relatively long, and developers or sellers sell houses in order to withdraw funds as soon as possible, and house prices change greatly. Buyers still have to choose the loan method according to their own conditions.