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What conditions should housing fund loan meet? Analysis of advantages and disadvantages of provident

Now more and more people will buy houses through provident fund loans, but it is necessary to meet some conditions to buy houses with provident fund. Is the house price of hundreds of thousands of yuan at any time making many young people feel pressure? What conditions should housing fund loan meet?

Conditions of individual housing fund loan

1. The borrower has urban household registration;

2. I and my unit have paid the housing accumulation fund in full in this city on time for more than one year (calculated from the back to the front);

3. Have stable professional income, good credit and the ability to repay the loan principal and interest;

4. There is a legal contract or agreement for purchase of self owned housing, and the proportion of self financing is required;

5. The assets specified in the guarantee law are loan mortgage or pledge;

6. Agree to handle the property insurance of real estate guarantee or mortgaged property;

7. Agree to other conditions stipulated in the management of housing fund.

Personal housing fund loan income certificate

Provident fund loan wage certificate needs to be issued by the work unit, which is generally in the charge of the personnel department. It should be noted that some friends are already in a rational state when applying for a loan, or have just gone to a new company. In this case, the bank will not generally agree with your loan request. So want to deal with provident fund loan friends, in the loan before good do not easily change jobs.

For those who are unable to issue wage certificates like self-employed households, they can explain the situation to the bank, and a bank's daily flow can be used as supporting proof of repayment ability.

What are the requirements for filling in the proof of provident fund loan salary?

1. The salary amount shall be filled in truthfully, and the amount filled in shall be subject to the actual salary;

2. It must be stamped with the seal of the Department in charge of wages or the official seal of the unit, and the main name of the seal must be consistent with the name of the unit's housing accumulation fund account;

3. The certificate shall be issued in the current month or last month of the application date;

4. The income certificate shall be printed as much as possible to avoid mistakes;

5. The original copy of the salary certificate must be provided, i.e. the sealed part of the company must be a red fresh seal, and the copy (whether black and white or color) cannot be used.

What are the advantages and disadvantages of housing fund loan?

Advantages of provident fund loan:

1. The interest of provident fund loan is much lower than that of commercial loan in the same period;

2. The housing provident fund loan can be used for a wide range of houses, and the second-hand houses have less restrictions on the age of houses; the borrower can choose the repayment bank freely without the restrictions of the developer's bank account;

3. If the loan is repaid in advance, you can choose some or all of them without appointment; after partial repayment, you can choose to shorten the repayment period, keep the repayment amount unchanged, keep the repayment period unchanged, reduce the repayment amount, extend the repayment period, increase the repayment amount and other repayment methods; you can also choose to repay the loan monthly with the housing accumulation fund and use the housing accumulation fund to offset the loan when the repayment is completed once.

Disadvantages of provident fund loan:

1. To apply for provident fund loan, it is necessary to pay the provident fund for a certain period in accordance with local policies;

2. The amount of provident fund loan is limited.

Which housing can apply for housing provident fund loan?

1. Commercial housing (the developer must sign a loan cooperation agreement with the municipal housing fund management);

2. Current housing (i.e. property right of housing reform purchase);

3. Second hand houses (stock houses listed for trading);

4. Housing without property rights (it must be mortgaged by the housing rights of the owner or the third party);

5. Auction house (auction company must sign loan cooperation agreement with municipal housing fund management)

Conditions for housing fund loan

1. Have proper occupation and stable economic income, have the ability and willingness to repay the loan principal and interest on schedule, and have good credit;

2. There is a registered and valid commercial housing sales contract;

3. There is no less than 30% of the total purchase price of self raised funds;

4. Agree to use the purchased house as mortgage;

5. Agree to apply for comprehensive loan insurance;

6. The guarantor (the real estate selling unit) agrees to guarantee it until it receives the real estate certificate, and after the mortgage registration of other rights of the house is carried out, it shall be handed over to the loan bank and the provident fund for collection and deposit;

7. Other conditions stipulated by the provident fund management.