For many young people, housing purchase with provident fund loan has become a trend. For those who want to buy a house, you can actually refer to it, instead of rushing to buy a house in the future. Let's have a look together.
In fact, the housing accumulation fund is the long-term housing reserve paid by state organs, state-owned enterprises, urban collective enterprises, foreign-funded enterprises, urban private enterprises and other urban enterprises, institutions and their employees. Can be used to buy a house, decorate, rent a house to wait, individual pay how much, unit also pays how much, do not exceed 15% of salary commonly. It is cheaper to buy a house with provident fund loan than commercial loan.
Loan to buy a house is rising with the change of people's consumption concept. Prepayment of future income improves the real payment ability. Compared with commercial loans, provident fund loans have an absolute advantage in interest. Buyers and their units can apply for housing provident fund loans after paying housing provident fund for at least six months or accumulatively for at least two years.
Conditions of housing purchase loan with provident fund
1. Time of deposit: the applicant shall establish a housing accumulation fund account for more than 12 months (inclusive), and meet the requirement that the full amount of normal deposit of accumulation fund fund reaches a certain time. Some regions require 6 months (inclusive) and some require 12 months (inclusive), and there will be differences among regions.
2. Lender's age: the sum of lender's age and loan life is less than 70 years old;
3. The applicant has full civil capacity, the ability to repay the loan principal and interest, and good credit status;
4. The applicant has paid the down payment for the house purchase as required;
5. The applicant provides a guarantee that meets the requirements of these provisions;
6. The applicant and co applicant meet the requirements of national, provincial and municipal real estate market management policies;
7. Other conditions specified by the provident fund management committee.
Materials required for housing fund loan
1. Joint name card of housing fund (original);
2. Valid identity certificate (original and two copies);
3. Married employees shall provide marriage certificate (original and one copy);
4. Second hand house sales contract (original and one copy);
5. The original real estate card and the seller's ID card (one copy each);
6. Real estate inquiry Certificate (original) of all family members of the loan applicant within 30 days;
7. House purchase down payment certificate (including the deposit receipt issued by the seller) and bank transfer document (original and one copy);
8. Repayment account (debit card or passbook of the entrusted bank, original and one copy);
9. The real estate inquiry list (copy, within 30 days) or the appraisal report of the designated appraisal company (if the real estate inquiry list is provided at the time of application, the original of the appraisal report shall be supplemented before the loan is released);
10. Non registered resident families shall provide tax payment certificate or social insurance payment certificate (original) for more than one year in the city;
11. If the parents of the main applicant are joint applicants, they need to provide the household register (original and one copy) that can prove the mutual relationship, or the certificate of the direct family relationship (original) issued by the public security department and the notary office;
12. If the sales contract is signed by an agent, a notarial certificate (original) shall be provided;
13. If the lease terms are stipulated in the sales contract, the statement of giving up the right to purchase issued by the lessee (original) and the lease contract and the lessee's ID card (one copy) shall be provided;
14. Delayed payment certificate issued by the seller (if necessary);
15. If the seller is a legal person, one copy of the seller's business license, one copy of the legal representative's ID card and one original of the legal representative's certificate shall be provided (the copy shall be stamped with the company's official seal);
16. If the seller is a legal person and has an agent's Bank loan, the original of the power of attorney of the legal representative and a copy of the ID card of the authorized person shall be provided (the copy shall be stamped with the company's official seal);
17. Other required information.
Process of housing purchase loan with provident fund
The first step is to take the commercial housing sales contract or loan contact form to the housing provident fund management center to collect the loan application form, and according to the prompt, the applicant shall fill in the housing provident fund loan application form as required.
Step 2: the applicant should hold your or auxiliary borrower's ID card and prepare the account book (marriage certificate is required if the account book is not together). Sometimes you need to go to the Civil Affairs Bureau to get the marriage certificate or single certificate. Take the commercial housing sales contract, fill in the housing fund loan application form to the housing fund management center to review the loan amount and calculate the fees to be paid.
Third, the submission materials that the applicant needs to prepare: housing fund loan application form, original commercial housing sales contract, 4 copies of original commercial housing sales contract, real estate sales approval document, the sixth copy of maintenance fund receipt, 3 copies of house payment receipt (receipt amount = total house payment - loan amount), 4 copies of ID card of the buyer and 1 copy of ID card of the spouse, One copy of the household register of the husband and wife, two copies of the marriage certificate or the single certificate, and pay the relevant handling fees, and then sign the housing provident fund loan contract;
Step four: the applicant will transfer money to the housing fund management center at the designated date and receive the bank receipt.
New policy adjustment of housing provident fund loan in 2018
Since 2017, a series of new policies have been introduced. What are the characteristics of the new deal?
Because the housing accumulation fund policies are different in different cities, the time requirements for the payment and deposit of housing accumulation fund in different cities are also different. Some cities can apply for housing provident fund loan only when they have paid and deposited continuously for more than 6 months, and some cities can apply for housing provident fund loan only when they have paid and deposited continuously for more than 1 year.
Any loan requires income, so does provident fund loan. If you want to apply for housing provident fund loan smoothly, then the borrower's income must reach a certain standard. Generally speaking, the bank's income requirement for the borrower is that the monthly supply shall not exceed half of the borrower's family income. If it exceeds that, even if the income is not up to the standard, the application for provident fund loan will be rejected by the bank. The provident fund loan has the characteristics of low interest rate. Therefore, when buying a house loan, the employees who pay the provident fund should first consider using the provident fund loan. The provident fund loan has certain requirements, such as a certain period of continuous full payment before buying a house loan. The borrower shall submit the loan application to the housing provident fund management organization with relevant materials; the housing provident fund management organization shall accept the application if it meets the loan conditions and the application materials are complete and correct, and complete the face-to-face interview and other matters; the housing provident fund management organization shall not accept or request the correction if it does not meet the loan conditions or the materials are incomplete and incorrect, and explain the reasons.
Within 7 working days from the date of acceptance of the application, the housing provident fund management institution shall complete the loan examination and approval, make a decision on approving or not allowing the loan, and notify the borrower; under special circumstances, with the approval of the principal of the housing provident fund management institution, it may extend 5 working days. The entrusted loan financial institution shall complete the loan issuance within 5 working days after the borrower completes the guarantee and other procedures, and the loan fund shall be transferred to the seller, the house collector, the construction enterprise (individual) or the third party bank account agreed by both parties according to the purpose. In real life, provident fund loan in different places is quite common. In addition to meeting the above conditions, it also depends on whether the place where the provident fund is deposited and the place where the house is purchased has signed the provident fund non local loan agreement.
In terms of adjusting the monthly repayment amount, it can also be handled through the whole network. If the borrower needs to adjust the monthly repayment amount, settle the loan in advance, change the repayment account, without any materials, he can directly handle it in the online business hall, without going to the bank counter. The borrower who adopts the free repayment method only needs to input the new monthly repayment amount for flexible adjustment on the basis of not less than the monthly minimum repayment amount. When the borrower changes the repayment account, it only needs to enter other deposit card account opened by the borrower in the lending bank.