The problem of buying a house with provident fund is very popular, because it is relatively easy to buy a house with provident fund. However, the provident fund needs to be paid for more than half a year before it can be used to buy a house. What are the benefits of buying a house with housing provident fund? Many people want to understand this problem when buying provident fund. Of course, if you want to buy a house, you should know how to use the housing provident fund in advance?
What are the benefits of buying a house with housing provident fund?
1. Personal ownership
The housing provident fund paid by employees and the housing provident fund paid by units shall be stored in a special account and owned by employees. No unit or individual shall misappropriate the housing provident fund. If a crime is constituted, criminal responsibility shall be investigated according to law.
2. The capital can be doubled
The individual employee shall pay within 5% to 12% of his / her salary, and the unit shall subsidize in the same proportion. Therefore, after the individual employees pay the housing provident fund according to the regulations, the fund will double.
3. Rolling interest
According to relevant national regulations, June 30 of each year is the interest settlement date of the housing provident fund. The housing provident fund paid by units and employees has the characteristics of "rolling interest and interest". The interest of the housing provident fund paid in the current year shall be calculated and paid according to the current interest rate announced by the listing; The principal and interest of the housing provident fund carried over from the previous year shall be calculated and paid according to the three-month lump sum deposit and withdrawal interest rate announced by the listing, and the deposit interest income shall be exempted from individual income tax.
How to use housing accumulation fund?
1、 Apply to the bank and submit it to the housing provident fund management department for approval after being accepted by the bank
2、 Apply directly to the housing provident fund management department for approval
In short, they should be examined and approved by the government, which reflects the characteristics of national brands.
The materials here are different everywhere. Xiaobian, please list them briefly
1. Application for individual loan of housing provident fund
2. ID card
3. The borrower's stable economic income certificate or other proof of solvency issued by the unit
4. Legal and effective house purchase contracts, agreements or other approval documents
5. List of mortgaged property, certificate of ownership, and certificate that the obligee agrees to mortgage
6. Mortgage appraisal report issued by the real estate appraisal institution recognized by the housing provident fund management department
7. The written commitment issued by the guarantor agreeing to provide guarantee and the credit certificate of the guarantor
8. Relevant certificates of self raised funds used by the borrower to pay the down payment for housing purchase
9. Other documents and materials stipulated by the housing provident fund management department
What needs to be explained here is that different personal situations require different documents (for example, point 5 is not required for unsecured) and local regulations are also different
3、 Bank approval
Once the approval of the government department is passed, it shows that you have enough ability to repay the loan, so that we can borrow money from the bank, sign loan contracts and guarantee contracts with the lending bank, go through mortgage registration and other relevant procedures, sign names on various contracts, and then wait for the bank to give loans.
4、 Bank lending
In accordance with the contract, the bank shall transfer the first-time goods of the loan to the special account for down payment established by the developer in the loan bank or the deposit account opened by the borrower in the loan bank
5、 Repayment of loan
That is, we open a repayment account in the loan bank and repay the principal and interest of the loan on schedule according to the repayment method and repayment plan agreed in the loan contract.
6、 Loan settlement
After the loan is settled, the borrower shall receive the 'loan settlement certificate' from the lending bank, retrieve the mortgage registration certificate and the original of the insurance policy, and go through the mortgage registration cancellation procedures at the original bank. So the house can be bought.
The above article is all about the benefits of buying a house with housing provident fund and how to use housing provident fund. You should understand it after reading it. The benefits of buying a house with provident fund are very many, such as easy loans, less interest, prepayment and so on. Buying a house with provident fund will be much easier than other loans, so friends who want to buy a house can understand the knowledge of buying a house with provident fund.