when applying for the provident fund loan, it will take about 10-20 working days for the loan to be approved when the information is complete. How long does the provident fund loan process take? What are the conditions for applying for public housing loan?
Conditions for applying for public housing loan:
1. Establish the housing accumulation fund system for more than one year, and pay the housing accumulation fund in full monthly for more than half a year;
2. Have stable economic income, good credit and the ability to repay the loan principal and interest;
3. Have legal housing purchase (construction, renovation, overhaul) contracts, agreements and supporting documents approved by relevant departments;
4. For the purchase of housing, the first payment of not less than the specified proportion shall have been paid; for the construction, renovation and overhaul of housing, the first payment or self financing of not less than the specified proportion of the expenses required for the construction, renovation and overhaul of housing shall be paid;
5. Be able to provide guarantee conditions approved by the management center. At present, the guarantee method recognized by the center is to use the houses with acquired property rights as the loan collateral, the guarantee company or the real estate company uses the house purchased by the loan as the loan collateral, and at the same time provide joint or phased guarantee guarantee, joint guarantee of housing fund;
6. Other conditions to be met when applying for provident fund loan.
Materials to be submitted for housing fund application:
1. Copy of the applicant's ID card;
2. Copies of the applicant's account book (home page, personal page, change page);
3. Copy of the down payment invoice of the house purchase;
4. Original and copy of commercial housing sales contract;
5. housing
Original and copy of the certificate;
6. Original loan application form.
Steps of applying for housing fund loan:
1. The applicant shall bring the information to the management center for consultation, application and filling in the application form;
2. After the center's examination and approval, it shall issue the power of attorney notice to the applicant;
3. After receiving the notice, the applicant shall take all the originals to the bank to sign the contract, etc., and at the same time go through the notarization formalities at the notary office;
4. The applicant shall hold the signed contract data until the house seller seals it;
5. The applicant holds the guaranteed loan contract (mortgage contract) until the real estate management office handles the mortgage registration;
6. The applicant shall take the registered loan contract (mortgage contract) and notarial certificate to the housing accumulation fund service hall to receive the transfer notice, and finally take the transfer notice to the bank to handle the transfer procedures.