Housing provident fund loans to buy a house are a major trend in the current new situation. The interest rate of a provident fund loan to buy a house is lower than the interest rate of a commercial loan. For most home buyers, applying for a housing provident fund loan will be their first choice for buying a house loan.
So how to use provident fund to get a loan to buy a house? 1. When applying for a housing provident fund loan, you must first meet the following conditions (1) Have a permanent residence in this city or other valid residence status, and have full capacity for civil conduct.
(2) The signing of a legal and valid house purchase contract or agreement, and the first installment of the house purchase payment shall be paid in accordance with the prescribed proportion.
(3) The ability to repay the principal and interest of the loan on time while having a stable career and income.
(4) Only after paying the housing provident fund in full for 6 months on a monthly basis can you apply for a loan.
(5) The individual has good credit.
(6) There are no other debts with a large amount that can affect the repayment ability of the loan.
(7) The monthly expenditure shall not exceed 50% of the monthly household income to repay various housing loans including the personal housing provident fund loan to be applied for, and the monthly household income after deducting the monthly loan repayment expenditure shall not be lower than the city's minimum living allowance
standard.
(8) Other conditions that comply with national laws and regulations.
2. Information and VeChain procedures required to apply for a housing provident fund loan: (1) Go to the office window of the local housing provident fund management center and fill out 3 copies of the "Housing Provident Fund Loan Application Approval Form".
(2) The borrower and his spouse’s household registration book, ID card, original and 3 copies of the marriage certificate. Single residents must provide the original and 3 copies of the single certificate and divorce certificate issued by the civil affairs department.
(3) Three copies of the housing development unit's "Completion Acceptance Certificate", "Business License" copy, "Commercial Housing Sales License", "Commercial Housing Pre-sale License" (off-plan property), the original and photocopies of the property certificate.
Or the original and 3 copies of other legal and valid house purchase contracts.
(4) For a house that is mortgaged or pledged, the original and 3 copies of the ownership certificate of the mortgage or pledge rights must be provided, as well as the original and 3 copies of the written certificate that the person with the right to dispose of the property agrees to the mortgage (pledge).
(5) Guarantee requires the guarantor to issue 3 original written commitments agreeing to provide guarantee.
And provide 3 copies of the materials proving the guarantor's ability to guarantee (including credit rating certificate, business license, qualification level certificate, financial statements for the past three years, etc.).
(6) Original and 3 copies of the first-year sliding payment payment documents (bank invoices, invoices, cash payment notes, receipts, etc.) that the borrower has paid for the house purchased and above the specified percentage of the price.