After the borrower pays off the mortgage in full in advance, the personal house insurance contract will be terminated early. According to regulations. , the borrower can bring the original insurance policy and proof of early loan repayment to the insurance company to request a monthly refund.

Provide fund loan:

Materials required for housing provident fund loan:

1. Household registration book of the borrower and his spouse;

2 .Residence ID cards of the borrower and his spouse;

3. Proof of the borrower’s marital status;

4. Proof of down payment for house purchase;

5. Bank Printed credit status report of the borrower and his or her spouse;

6. House sales contract or agreement that complies with legal requirements.

Conditions for applying for housing provident fund:

1. The individual and the employer must pay the housing provident fund continuously for one year;

2. The borrower has a stable economic income , good credit, and the ability to repay the principal and interest of the loan;

3. The borrower who purchases a commercial house must have a total house price of no less than 30.

Housing provident fund application process:

1. The lender prepares relevant information, fills out the loan application at the bank, and submits the materials;

2. The lending bank receives After application, the information will be confirmed and reviewed;

3. After review, the lending bank will contact the lender and sign the relevant contract;

4. The bank will grant the loan and the lender will fulfill its repayment obligations.