Mortgage loan refers to a loan business conducted by mortgage. For example, housing mortgage loan is a personal housing loan business in which buyers use the purchased housing as collateral and the real estate enterprises that purchase the housing provide regular guarantee.
Second, can parents buy a house for their children with mortgage loans?
The mutual withdrawal of housing provident fund between children and parents needs to be classified according to the situation of commercial housing or second-hand housing, full payment or loan, and the required application materials are also different.
Usually, you only need to bring the original and photocopy of the commercial housing sales contract, the original and photocopy of the full sales invoice, the withdrawal slip stamped with the official seal of the parents' unit, the original and photocopy of the ID card of the extractor (that is, the parents) and the household registration book. Hukou book is used to prove the relationship between parents and children. But if there is a loan, it depends on whether there is a loan.
If there is no loan yet, the materials needed to withdraw the parents' provident fund are the original and photocopy of the commercial housing sales contract, the original and photocopy of the down payment invoice, the advance notice registration certificate provided by the housing management department or the contract filing certificate or statement provided by the real estate agent, and other materials are the same. If the loan has already been made, then the materials of one of the three choices are not needed, as long as the original and photocopy of the bank loan contract and mortgage certificate are added.
The amount of provident fund withdrawal is based on the time when the house is purchased compared with the last invoice, and the provident fund before this time can be withdrawn.
But if it is a second-hand house, the situation is different. When buying a second-hand house to withdraw the provident fund, you need to bring the original and photocopy of the purchase agreement, the original and photocopy of the deed tax certificate, the withdrawal slip, the ID card, the household registration book and other materials to the core of the provident fund management. In other words, the purchase of second-hand housing to apply for provident fund withdrawal needs to be completed before it can be processed.
If you and your parents have provident fund, you can also withdraw your parents' provident fund and apply for your own provident fund loan in your own name. In addition, if the buyer is single, he can also add his parents' names to make a loan, but only one party can be the main lender, and the others can be co-borrower. The loan amount is based on the standard of dual employees.
The loan of provident fund loan policy has brought great convenience to property buyers. Children use their parents' provident fund loans to repay loans, and parents use their children's provident fund loans to repay loans, which not only meets the needs of residents, but also enlivens the real estate market. However, buyers need to be clear that the progress of the provident fund policy lending varies from place to place, and the specific situation must be consulted in detail at the core of the local housing provident fund management.