When buying a house, many people like to use provident fund loans to buy a house, which not only saves money, but also lends money quickly. So how long does it take for the provident fund loan to be released? What are the conditions for housing provident fund loans? Let's take a look with Bian Xiao!

How long does it take for provident fund loans to be released?

It takes about 18- 19 working days to issue provident fund loans, in which 1 day is used for loan application, 2 days for initial review and 1 day for review, 2 days for both parties to sign loan contract, 7 days for mortgage guarantee, 2 days for the bank to submit materials to the housing provident fund management center, and 3 days for the provident fund management center to approve loan materials.

What are the conditions for housing provident fund loans?

1. Although you can apply for provident fund loans as long as you pay the housing provident fund, there are certain differences in loan policies and payment time in different regions, so it is best to judge according to local policies.

2. If one spouse applies for a provident fund loan and the loan has not been paid off, both spouses can no longer apply for a provident fund loan.

3. Applicants should have a stable job and income, and have certain repayment ability and willingness.

4. If you need to apply for commercial loans and provident fund portfolio loans, the term of the two loans must be the same.

5. The applicant has the ability to pay the down payment for house purchase.

What is the process of housing provident fund loan?

1. Applicants should prepare the materials first, and then go to the provident fund management center and the bank to apply for loans.

2. The management center conducts a preliminary examination of the applicant's information, and passes the information to the bank after the preliminary examination.

3. The bank shall conduct audit, and notify the applicant to sign a loan contract and a house mortgage contract after passing the audit.

4. The applicant goes to the Housing Authority to obtain the real estate license.

5. The applicant shall issue a loan notice to the management center with the real estate license.

6. The applicant shall go through the loan formalities at the bank with the loan notice and real estate license.

Summary of the article: Well, the knowledge about how long it takes for the provident fund loan to be released and what conditions are needed for the housing provident fund loan is introduced here. If you need to know a lot of information, please continue to pay attention to Qijia. We will provide you with better and more exciting content in the future.

How long can provident fund loans generally be released?

Generally 1 month or so. Provident fund loan processing flow:

I. Lenders applying for housing provident fund loans need to submit a written application to the bank, fill in the Application Form for Housing Provident Fund Loans, and truthfully provide the following information:

(a) the applicant and spouse housing provident fund deposit certificate;

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

(3) proof of stable family income and other proof of creditor's rights and debts that have an impact on repayment ability;

(four) the purchase of housing contracts, agreements and other valid documents;

(5) List of collateral, pledge, certificate of ownership, certificate of consent of the authorized person to mortgage and pledge, and certificate of collateral valuation issued by relevant departments;

(VI) The Provident Fund Center requires a third-party guarantor to provide a guarantee and pay the guarantee fee, and the borrower, the lender and the third-party guarantor * * * sign a tripartite contract.

(seven) other information required by the provident fund center.

Two, for the loan application with complete information, the bank accepts the examination in time and submits it to the provident fund center in time.

Three, the provident fund center is responsible for loan approval, and timely notify the bank of the approval results.

4. The bank informs the applicant to go through the loan procedures according to the examination and approval results of the provident fund center. The borrower and the husband and wife sign the loan contract and related contracts or agreements with the bank, and send the loan contract and other procedures to the provident fund center for examination and approval. After the approval of the provident fund center, the entrusted loan funds will be allocated, and the entrusted bank will pay them in full and on time in accordance with the provisions of the loan contract.

5. If mortgage is used as a guarantee, the borrower shall go through the mortgage registration formalities at the real estate management department where the house is located. If the mortgage contract or agreement is signed by both husband and wife and pledged by securities, the borrower shall hand over the securities to the management department or the joint center for safekeeping.

Extended data:

Matters needing attention in buying a house with provident fund loan:

1. Provident Fund Loan Couple Loan: If both husband and wife apply for provident fund loans before or after marriage, as long as one of them has applied for provident fund loans, there will be corresponding records in the core system. Before the last loan is paid off, both husband and wife can no longer use the provident fund loan to buy a second house.

2. Provident Fund Loan Second Suite: If the borrower uses the provident fund loan to buy a house, such as 1 suite, it will be used. Before the provident fund loan is paid off, it is not allowed to apply for a provident fund loan again to buy a second house. Only when the previous housing loan is paid off can the provident fund loan be used again. It will not be regarded as the second house, but it will still be regarded as the first house operating according to its policies.

Don't use the provident fund before applying for a loan. If the borrower takes the balance of the provident fund to pay the house payment before the loan, the balance of the provident fund in your provident fund account will be zero, and your provident fund loan amount will be zero, which means you will not apply for a provident fund loan.

4. Don't repay the loan in advance in the first year. According to the relevant provisions of the provident fund loan, part of the prepayment should be made one year after the repayment, and the amount you return should exceed the repayment amount of six months.

Don't forget to find the bank around you if you have difficulty in repaying the loan. Don't insist on it yourself when your solvency drops during the loan period and it is difficult to repay. ICBC customers can apply to ICBC for extending the loan term. According to our investigation, if there is no default in loan principal and interest, we will accept your application for extension.

6. Don't forget to inform when renting a house after the loan. When renting a mortgaged house during the loan period, the lessee must be informed of the mortgage facts in writing.

7. Don't forget to cancel the mortgage after the loan is paid off. When you have paid off all the loan principal and interest, you can cancel the mortgage with the bank's loan settlement certificate and other real estate rights certificates of the collateral to the real estate transaction core of the district and county where the real estate is located.

8. Don't lose the loan contract and IOUs. To apply for a mortgage loan, the loan contract signed between the bank and you and the iou are all important legal documents. As the loan term can be as long as 30 years, as a borrower, you should take good care of your contracts and IOUs.

References:

Shanghai housing provident fund network-pure provident fund loans need to carry information

How long does it usually take for the provident fund to be released?

Generally, it takes about a month to release provident fund loans. According to the provident fund loan application process, from the loan application to the central approval, preliminary examination and review, after the approval, the two sides signed a loan contract and went through the mortgage guarantee procedures. After going through the formalities, the loan bank will submit the personal data to the relevant personnel of the city housing provident fund for review, and finally go through the transfer formalities with the transfer notice. The total process is about 1 month.

Legal basis:

Article 6 of the Regulations on the Management of Housing Provident Fund stipulates that the deposit and loan interest rate of housing provident fund shall be proposed by the People's Bank of China, and submitted to the State Council for approval after consulting the construction administrative department of the State Council.

Article 9 of the Regulations on the Management of Housing Provident Fund stipulates that the Housing Provident Fund Management Committee shall perform the following duties in the management of housing provident fund:

(a) according to the relevant laws, regulations and policies, formulate and adjust the specific management measures of housing provident fund, and supervise the implementation;

(two) according to the provisions of article eighteenth of this Ordinance, formulate the specific deposit ratio of housing provident fund;

(three) to determine the maximum loan amount of housing provident fund;

(four) approval of housing provident fund collection and use plan;

(five) to consider the housing provident fund value-added income distribution plan;

(six) to examine and approve the report on the implementation of the plan for the collection and use of housing provident fund.

Twelfth housing provident fund management committee shall, in accordance with the relevant provisions of the People's Bank of China, designate a commercial bank entrusted with the financial business of housing provident fund (hereinafter referred to as the entrusted bank); The housing provident fund management center shall entrust the entrusted bank to handle financial services such as housing provident fund loans and settlement, as well as the establishment, deposit and return procedures of housing provident fund accounts.

The housing provident fund management center shall sign an entrustment contract with the entrusted bank.