What if the loan amount of housing provident fund is insufficient? What are the solutions?

provident fund loan has become the first choice for many people to buy a house because of its low interest rate. Although the interest rate of provident fund loan is low, its disadvantage is that the amount is not high. Many people will encounter the situation that the amount of provident fund loan is not enough when buying a house. What should they do if the amount of provident fund loan is not enough to buy a house?

what should I do if the provident fund loan amount is not enough to buy a house?

1. Apply for a portfolio loan

A portfolio loan is a combination of commercial loans and provident fund loans, which can be used as a supplement to the insufficient amount of provident fund loans. However, it is difficult to apply for a portfolio loan because it needs to meet the conditions of both provident fund loans and commercial loans. In addition, portfolio loans involve many institutions, and the procedures for handling them are complicated and take a long time.

2. Increase * * * with the lender

If your own provident fund loan amount is insufficient, if you are married, you can use your spouse's provident fund * * * with the loan. If you are unmarried, you can try to use your parents' provident fund to * * * with the loan.

3. Increase the down payment

If the first two methods fail, buyers can try to increase the down payment ratio and reduce the loan amount.

4. Replace it with a commercial loan

If the total price of the house purchased by the property buyers is relatively high, but the combined loan cannot be applied and the loan amount of the provident fund is too poor, then the property buyers can consider using a commercial loan. Although the interest rate of the commercial loan is relatively high, the loan amount of the commercial loan is also much higher, and it is the main way to buy a house by loan at present. When buyers apply for commercial loans, as long as they meet the relevant conditions of banks, they can generally get the amount they expect, and commercial loans are not as complicated as provident fund loans.

the above are the solutions to the insufficient amount of provident fund loans. These solutions are generally used in the case of high housing prices. If the housing price you buy is not high, it is more cost-effective to apply for provident fund loans. Of course, if you buy a second suite, and the first suite has used provident fund loans and is still repaying, then the second suite cannot apply for provident fund loans.

what should I do if the loan is not enough to buy a house?

what should I do if the loan amount is not enough?

1. If the provident fund loan is insufficient, you can apply for a portfolio loan.

if the loan amount exceeds the provident fund, you can apply for a portfolio loan. However, it should be noted that not all banks accept portfolio loan applications, and portfolio loans involve many institutions such as provident fund centers and banks, and the approval period is more than 3 months. Therefore, buyers who are in a hurry to pay the house price should consider the time problem.

2. what should I do if the loan amount is not enough because of personal credit information?

Because the lending policies of different banks are different, it is possible to obtain the expected quota by applying for a bank with a looser lending policy. By buying a new house, you can borrow from a bank that cooperates with the real estate, and you can also get some expected annualized interest rate concessions.

3. What should I do if the borrower's monthly income does not meet the bank standard and the loan amount is insufficient?

in this case, you can consider a relay loan. For example, the borrower Xiao Wang's monthly income does not meet the bank's lending standards, while Xiao Wang's father is not retired and his income is high. If the sum of Xiao Wang's and his father's income meets the conditions: Xiao Betty Wong's father's monthly income = monthly loan payment of 2, then Xiao Wang can apply for a mortgage with his father as a * * * borrower, thus increasing the loan amount.

4. after consulting a number of banks, I can't get the amount I want. what should I do?

if you can't get the loan you want after consulting many banks, you can also apply for a loan from the company. The loan application conditions of small loan companies are relatively relaxed, and the approval process is simplified, so it is easier to "borrow" consumer loans to pay the house payment.

5. what if all the above methods have been tried, but the quota has not been reached?

if the approved mortgage amount is not much less than the expected amount and you don't want to apply for other loans, you can consider borrowing money from relatives and friends to make up the difference.

what should I do if the housing provident fund loan is insufficient? How to borrow housing provident fund?

Many people choose loans to buy houses, so they are still concerned about the loan problem. The provident fund can be used as long as the conditions are met, with low interest and convenient repayment. However, when some people use provident fund loans, there will be insufficient conditions. So what if the housing provident fund loan is not enough? How to borrow housing provident fund?

Many people choose loans to buy houses, so they are still concerned about the loan problem. The provident fund can be used as long as the conditions are met, with low interest and convenient repayment. However, when some people use provident fund loans, there will be insufficient conditions. Then let me introduce what to do if the housing provident fund loan is not enough. How to borrow housing provident fund?

what should I do if the housing provident fund loan is insufficient?

1. The interest on buying a house from the provident fund is low, which is more affordable. In addition to the provident fund can be paid, the interest rate is equivalent to commercial loans and there is a discount; If the developer allows the use of provident fund, the provident fund must be paid for 6 months before it can be used to buy a house; In addition, there are restrictions on the provident fund everywhere. In big cities, it may be 5, individuals, while in small cities, it is only 3,. The loanable amount is 2 times of the balance, and the upper limit is capped.

2. When buying a house, the down payment is generally 5%, but the second suite is higher, and the current house price is also high. Maybe you need to borrow 5 or 1 million yuan. What should I do if the provident fund is not enough? Can be a combination of provident fund and commercial loans; If the provident fund can just borrow 5, yuan, but the monthly provident fund is not enough, what should I do? I can make up for it myself, or at the interest rate of the provident fund loan; The interest rate of provident fund loans is low, so we can borrow as much as we can. If the monthly repayment pressure is not enough, we can extend the repayment period.

how to borrow housing provident fund?

1. When a borrower applies for a housing provident fund loan, he/she needs to submit a written application to the bank, fill in the housing provident fund loan application form and truthfully provide the following information: the applicant's and spouse's housing provident fund deposit certificate; Proof of identity of the applicant and spouse (referring to resident identity card, permanent residence booklet and other valid residence documents) and proof of marital status; Proof of stable family income and other proof of creditor's rights and debts that have an impact on repayment ability;

2. valid documents such as contracts and agreements for housing purchase; Collateral, pledge list, ownership certificate, certificate that the person with the right to dispose of it agrees to mortgage and pledge, and certificate of collateral valuation issued by relevant departments; The provident fund center requires a third-party guarantor to provide guarantee and pay the guarantee fee, and the borrower, lender and third-party guarantor * * * sign a tripartite contract. Other information required by the provident fund center.

3. The bank accepts and examines the loan application with complete information in time and submits it to the provident fund center in time.

4. the provident fund center is responsible for approving loans and informing banks of the approval results in time. The bank informs the applicant to go through the loan formalities according to the results of the examination and approval of the provident fund center. The borrower and his wife sign a loan contract and related contracts or agreements with the bank, and send the loan contract and other formalities to the provident fund center for review. After the approval of the provident fund center, the entrusted bank will allocate the loan fund, and the entrusted bank will issue the loan in full and on time according to the loan contract.

5. Of course, if the house is secured by mortgage, the borrower shall go through the mortgage registration formalities at the house property management department in the area 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 Union Center for custody.

what should I do if the housing provident fund loan is not enough? How to borrow housing provident fund? We already know about the related problems. Provident fund loans are more flexible. If they are not enough, we can learn about them according to the problems I introduced. Of course, brute force provident fund loans, we must be handled in accordance with this, which is more convenient.

what should I do if the housing provident fund loan is insufficient? What should be paid attention to in provident fund loans

Although provident fund loans have many benefits, do you know that provident fund loans actually have many restrictions? Besides the restrictions on loan conditions received by friends who use provident fund loans, the amount of provident fund loans is also limited, so we should pay attention to this when making budget plans for buying houses. What should we do if the provident fund loans for buying houses are not enough?

Although provident fund loans have many benefits, do you know that provident fund loans actually have many restrictions? Besides the restrictions on loan conditions, the amount of provident fund loans is also limited, so we should pay attention to this when making the budget plan for buying a house. What should we do if the provident fund loans are not enough? What should we pay attention to when purchasing a house?

1. What should I do if the provident fund loan for buying a house is not enough?

1. You can apply for a portfolio loan if the loan exceeds the amount of the provident fund loan. However, it should be noted that not all banks accept portfolio loan applications, and portfolio loans involve many institutions such as provident fund centers and banks, and the approval period is more than 3 months. Therefore, buyers who are in a hurry to pay the house price should consider the time problem.

2. If the loan amount exceeds the provident fund, you can apply for a portfolio loan. However, it should be noted that not all banks accept portfolio loan applications, and portfolio loans involve many institutions such as provident fund centers and banks, and the approval period is more than 3 months. Therefore, buyers who are in a hurry to pay the house price should consider the time problem.

3. After consulting a number of banks, they can't meet the quota. In this case, you can apply for a consumer loan to pay the house price, which is mainly applicable to companies. General banks, especially state-owned banks, have strict supervision over the flow of consumer loans, so it is difficult to pay the house price through consumer loans. The loan application conditions of small loan companies are relatively relaxed, the approval process is simplified, and it is easier to "borrow" consumer loans to pay the house payment.

4. since the amount of provident fund loans is not enough, why not give up provident fund loans and apply for commercial loans directly? In the case of commercial loans, the borrower can usually lend money in about 2 weeks after submitting the loan application. As long as it meets the relevant conditions of the bank, it is generally possible to borrow the expected amount.

second, what should be paid attention to in provident fund loans

1. Since the amount of provident fund loans is not strong, why not give up provident fund loans and apply for commercial loans directly? In the case of commercial loans, the borrower can usually lend money in about 2 weeks after submitting the loan application. As long as it meets the relevant conditions of the bank, it is generally possible to borrow the expected amount. .

2. since the amount of provident fund loans is not enough, why not give up provident fund loans and apply for commercial loans directly? In the case of commercial loans, the borrower can usually lend money in about 2 weeks after submitting the loan application. As long as it meets the relevant conditions of the bank, it is generally possible to borrow the expected amount.

The above is the introduction of what to do if the provident fund loan for buying a house is not enough and the matters needing attention in the provident fund loan. Friends who use provident fund loans must have known about several loan methods. If the amount of provident fund loans is not enough, I suggest you consider the combined loan first, so it is more cost-effective to use the two loan methods comprehensively.

What should I do if the loan amount of housing provident fund is not enough?

The answers are as follows: According to Article 15 of Several Provisions on Provident Fund Management, when employees or their parents or children buy, build, renovate or overhaul their own houses in this city, they can apply for housing provident fund loans from the provident fund management center. To apply for housing provident fund loans, the following conditions should be met at the same time: having legal and valid identity documents; The deposit status is normal, and the provident fund has been paid in full for more than 6 months (inclusive) and has good credit; Have a stable income and the ability to repay loans; Having a legal and effective housing purchase contract or agreement or the "Property Ownership Certificate" issued by the real estate administrative department; For the purchase of housing, the down payment of not less than 3% of the total price of the purchased housing has been paid; Other conditions stipulated by relevant laws, regulations and policies.