Can Tongzhou use provident fund loans to buy self-occupied commercial housing?
Buying a self-occupied commercial house can use a provident fund loan. What conditions do buyers need to apply for provident fund loans?
1. The borrower has a town account;
2. I and my unit have paid the housing provident fund in full and on time in this city for more than one year (from the back to the front);
3. Have a stable professional income, good credit and the ability to repay the principal and interest of the loan;
4. There is a legal contract or agreement for the purchase of owner-occupied housing, and there is a prescribed proportion of self-raised funds;
5. The assets stipulated in the Guarantee Law are mortgage or pledge of loans;
6. Agree to handle the purchase guarantee or mortgage property insurance;
7. Agree to other conditions stipulated in the housing provident fund management.
Housing provident fund loans: For residents who have already paid housing provident fund, low-interest housing provident fund loans should be the first choice when buying a house. Housing provident fund loans have the nature of policy subsidies, and the loan interest rate is very low, which is not only lower than the loan interest rate of commercial banks in the same period (only half of the mortgage interest rate of commercial banks), but also lower than the deposit interest rate of commercial banks in the same period. In other words, there is a spread between the mortgage interest rate of the housing provident fund and the bank deposit interest rate. At the same time, when handling mortgage and insurance related procedures, the housing provident fund loan will be charged by half.
What procedures does Tongzhou need to buy a self-occupied commercial house with a provident fund loan?
1. Preliminary review: The housing provident fund management department will conduct a preliminary review of the materials submitted by the applicant, including the applicant's qualification, loan amount, loan period, etc. After the first trial is passed, a notice of collateral review and evaluation will be issued.
2. Appraisal: The applicant takes the Notice of Collateral Appraisal to the designated appraisal institution to appraise the value of the purchased house. Affordable housing does not need to be evaluated.
3. Review: The applicant shall submit the assessment report issued by the assessment agency and the preliminary examination materials required for loan review. Meet the conditions, issued by the "housing provident fund management guarantee entrusted loan investigation notice".
4. Handling the guarantee formalities: The applicant shall handle the guarantee formalities by choosing the guarantee method on the basis of the Notice of Investigation on Entrusted Loan Guaranteed by Housing Provident Fund Management.
5. Sign a loan contract.
6, the housing fund management department and the entrusted bank signed a loan agreement.
7. The borrower directly submits the loan application to the housing provident fund management department, and the entrusted industry can summarize the borrower's application materials as needed and submit them to the housing provident fund management department for examination and approval.
8. The housing fund management department shall sign an entrusted loan contract with the entrusted bank after verifying the amount, term and interest rate of each loan.