Housing conditions of provident fund loans
1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans. Employees who have not participated in the housing provident fund system cannot apply for housing provident fund loans.
2. If you participate in the housing provident fund system, you must also meet the following conditions to apply for a housing provident fund personal housing loan: that is, you must pay the housing provident fund continuously for not less than 6 months before applying for the loan. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing loans.
3. If one of the husband and wife has applied for a housing provident fund loan, both husband and wife shall not obtain a housing provident fund loan again before paying off the principal and interest of the loan. Because the housing provident fund loan is a kind of financial support to meet the basic housing needs of workers' families, it is also a kind of financial support for housing security.
4. When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is risky to lend to housing provident fund, which violates the principle of safe operation of housing provident fund.
5. The term of the provident fund loan shall not exceed 30 years. For portfolio loans, the loan conditions of provident fund loans and commercial housing loans must be the same.
Provident fund housing loan process
1. When applying for provident fund loan, the borrower shall submit the loan application to the provident fund management center as required, and provide the information required for the loan.
2 provident fund management center after accepting the borrower's application, review the borrower's qualification, loan amount, loan term, loan information and other information, and put forward opinions.
3. Credit investigation of provident fund loans. After the preliminary examination of the core of provident fund management, the undertaking bank of provident fund loan will conduct a pre-loan credit investigation on the borrower. After the investigation is completed, the lending bank puts forward opinions, and fills in the "Examination and Approval Form for Individual Housing Provident Fund Loans and Portfolio Loans" and sends it to relevant personnel for approval.
4. After signing the provident fund loan contract, the borrower will receive a notice from the loan undertaking bank if it is approved. At this time, the borrower only needs to bring his ID card, household registration book, bank account number and other materials to the undertaking bank for signing the loan contract.
5. After completing the home insurance and mortgage registration procedures and signing the loan contract, the borrower shall go through the insurance and mortgage registration procedures according to the regulations, and the expenses arising therefrom shall be borne by the borrower.
6. Waiting for the transfer of provident fund loans. After confirming that the mortgage registration has been completed and the loan contract comes into effect, the loan undertaking bank will transfer the loan to the account designated by the borrower and the seller on the date agreed in the contract and send the loan receipt to the borrower.