Personal housing loan refers to the loan issued by the bank to the borrower for purchasing ordinary housing for personal use. The borrower must provide a guarantee when applying for a personal housing loan. At present, personal housing loans mainly include entrusted loans, self-operated loans and portfolio loans. Personal housing loan repayment method 1: equal principal and interest repayment personal housing loan repayment method 2: equal principal repayment personal housing loan repayment method 3: fixed interest repayment personal housing loan repayment method 4: equal increase (decrease) personal housing loan repayment method 5: repay the principal and interest on schedule.
The following procedures should be followed in handling housing provident fund loans: (1) The borrower shall submit a written application to the municipal housing provident fund management center, fill in the Application Form for Housing Provident Fund Loans and provide relevant information truthfully. (II) The municipal housing provident fund management center is responsible for reviewing the borrower's qualification, guarantor's qualification, loan amount, loan term and contract completion, and the borrower signs relevant contracts or agreements with the center, and handles insurance according to the provisions of the People's Bank of China. (three) after the loan procedures are completed, the municipal housing provident fund management center will issue a loan approval notice to the bank. After receiving the loan notice, the bank will go through the loan issuance procedures. Special reminder: when buying a house, the borrower will know the loan amount and monthly repayment amount according to his own provident fund payment.
If customers apply for commercial loans when buying individual housing, such as individual housing mortgage loans, individual housing transfer loans, individual re-trading housing loans, etc. At that time, for various reasons, I did not apply for a "provident fund" loan to buy a house. Now the personal provident fund has reached the prescribed number of years and quota, which is in line with the conditions for applying for provident fund housing loans. Although commercial banks can't convert commercial loans to provident fund housing loans at present, they can withdraw provident fund to repay the principal and interest of commercial loans. As long as the borrower applies to the provident fund management center and goes through the relevant procedures for withdrawing the provident fund, he can withdraw the provident fund and return the principal and interest of the individual housing loan.