provident fund loans also need to pay the down payment by themselves, and the down payment can't be made up by withdrawing the money from the provident fund. The down payment ratio for purchasing the first home with provident fund loans is at least 3%, and the loan interest rate is the benchmark interest rate for individual housing provident fund loans; If the purchaser owns a house in this city under the name of his family and uses the provident fund loan to buy a house again, the down payment ratio of the provident fund loan shall be no less than 7%, and the loan interest rate shall be 1.1 times of the benchmark interest rate of the individual housing provident fund loan. Suspend the issuance of personal housing provident fund loans for families to buy third and above houses. It should be noted that if the amount of provident fund loans is not enough, the rest can apply for commercial loans, so the main body of commercial loans is the bank. Whether the applicant can meet the requirements of the bank depends mainly on the repayment ability of the individual. Let's take a look at how to borrow housing provident fund loans.

1. How to get a housing provident fund loan

1. Get an application form for a provident fund loan, or download it yourself in official website. After filling it out, submit all the relevant personal materials and certificates to the provident fund management center and apply for a provident fund loan.

2. after accepting the application, the provident fund management center will investigate and verify all the materials, risks and personal credit information provided by the applicant to see if they meet the requirements of the loan.

3. after the approval of the provident fund management center, the entrusting bank will transfer funds to the center according to the qualified application procedures.

4. The bank transfers all the loan funds into the developer's account according to the contract.

II. Written application

To apply for a housing provident fund loan, the lender must submit a written application to the bank, fill in the housing provident fund loan application form, and truthfully provide the following information:

1. Proof of housing provident fund deposit of the applicant and his spouse.

2. Identity documents of the applicant and his spouse (referring to valid residence documents such as resident identity card and permanent residence booklet) and proof of marital status.

3. The family has stable economic income and other proof of creditor's rights and debts that affect the repayment ability.

4. valid documents such as purchase contract and agreement.

5. List of collateral used for guarantee, certificate of ownership, certificate of consent of the disposer to collateral, and collateral appraisal certificate issued by relevant departments.

6. Other materials required by the Provident Fund Center.

iii. review of bank acceptance

the bank will accept and review the loan application with complete information in time and submit it to the provident fund center in time.

iv. loan approval

the provident fund center is responsible for loan approval and will inform the bank of the approval result in time.

v. loan procedures

the bank informs the applicant to go through the loan procedures according to the approval result of the provident fund center. The borrower and the husband and wife will sign a loan contract and related contracts or agreements with the bank, and send the loan contract and other procedures to the provident fund center for review. For the funds, the entrusted bank will issue the loan in full and on time according to the loan contract.

VI. Mortgage Registration Procedures

If housing mortgage is used as a guarantee, the borrower shall go through the real estate mortgage registration procedures at the housing property management department in the area where the house is located. The mortgage contract or agreement shall be signed by both husband and wife. Or a joint center.