Abstract: When you plan to buy individual housing, if you want to use provident fund loans to buy a house, you need to understand the types and detailed processes of provident fund loans to buy a house. Housing provident fund loans are divided into new house loans, second-hand housing loans, self-built housing loans, housing decoration loans, commercial housing loans to provident fund loans and so on. In addition, we should also be familiar with what materials are needed for provident fund loans, so that everyone can successfully complete the purchase of self-occupied houses through provident fund loans. Then this article explains the relevant knowledge of housing provident fund in detail for everyone. How to buy a house with provident fund loans Housing provident fund loans refer to housing mortgage loans issued by local housing provident fund management cores using the housing provident fund paid by employees in their units and entrusting commercial banks to on-the-job employees who have paid housing provident fund and retired employees who have paid housing provident fund during their employment. Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. The housing provident fund paid by employees and the housing provident fund paid for employees by the employees' units are personal savings specially used for housing consumption expenses stored by employees in accordance with regulations, which belong to individual employees. When the employee retires, the balance of principal and interest will be paid in one lump sum and returned to the employee himself.

housing provident fund category housing provident fund loans are divided into new house loans, second-hand housing loans, self-built housing loans, housing decoration loans, commercial housing loans to provident fund loans and so on.

process of purchasing a house with provident fund loan 1. Preliminary examination

The housing fund management center will conduct a preliminary examination of the materials submitted by the applicant, including the applicant's qualification, loan amount and loan term. After passing the preliminary examination, the housing fund management center will issue a Notice of Collateral Review and Evaluation.

2. Appraisal

The applicant takes the Notice of Collateral Examination and Appraisal to the appraisal institution designated by the Housing Fund Management Center to appraise the value of the purchased house. Affordable housing does not need to be evaluated.

3. Review

The applicant goes to the housing fund management center to review the loan with the Appraisal Report issued by the appraisal agency and the preliminary materials required by the housing fund management center. If the audit is qualified, the Housing Fund Management Center will issue the Notice of Investigation on Entrusted Loan Guaranteed by the Housing Fund Management Center.

4. Go through the guarantee formalities

The applicant holds the Notice of Investigation on Entrusted Loan Guaranteed by Housing Fund Management Center and goes through the guarantee formalities according to the guarantee method of his choice. If the method of "mortgage+guarantee" is selected, the guarantor shall issue a written letter of guarantee; If you choose the method of "mortgage+insurance" or third-party guarantee, you should apply for insurance at an insurance company or go through the formalities of entrusted guarantee at a guarantee institution.

5. sign a loan contract.

6. The housing fund management center and the entrusted bank sign an entrusted loan agreement.

7. The borrower directly submits a loan application to the housing fund management center, and the entrusted industry can collect the borrower's application materials on behalf of the borrower according to the needs and submit them to the housing fund management center for review and approval.

8. After the housing fund management center has approved the amount, term and interest rate of each loan, it will sign an entrusted loan contract with the entrusted bank.

9. According to the entrusted loan contract, the entrusted bank shall go through the loan procedures after signing the Mortgage Contract for Housing Provident Fund Entrusted Loan, Pledge Contract for Housing Provident Fund Entrusted Loan and Guarantee Contract for Housing Provident Fund Entrusted Loan with the borrower respectively.

1. The entrusted bank directly transfers the loan to the designated account opened by the seller in the entrusted bank.

housing provident fund loan processing flow 1. Lenders need to submit a written application to the bank to fill in the housing provident fund loan application form and truthfully provide the following information:

(1) Proof of the applicant's and spouse's housing provident fund deposit;

(2) the identity certificate of the applicant and spouse (referring to the resident identity card, permanent residence booklet and other valid residence documents), and the marital status certificate;

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

(4) valid documents such as contracts and agreements for housing purchase;

(5) Collateral used for guarantee, pledge list, ownership certificate, certificate that the person who has the right to dispose of it agrees to mortgage and pledge, and collateral appraisal certificate issued by relevant departments;

(6) Other information required by the core of the provident fund.

2. The bank accepts and examines the loan application with complete information in time and submits it to the core of the provident fund in time.

3. The core of the provident fund is responsible for approving the loan and informing the bank of the approval result in time.

4. The bank informs the applicant to go through the loan procedures according to the results of the core approval of the provident fund. The borrower and his wife sign a loan contract and related contracts or agreements with the bank, and send the loan contract and other procedures to the core of the provident fund for review. After the core approval of the provident fund, the entrusted fund will be allocated, and the entrusted bank will issue the loan in full and on time according to the loan contract.

5. In case of mortgage, the borrower shall go through the mortgage registration formalities with the property right 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 core of the League for custody.

what materials are needed? 1. 3 copies of the applicant's and spouse's ID cards (both sides), 2 copies of the original household registration book (including the home page, household home page and personal page), and the original temporary residence permit is required for the foreign household registration;

2. Bring two copies of the borrower's marriage certificate; Unmarried persons shall provide an original unmarried certificate;

3. Bring two original income certificates of the borrower and spouse;

4. Bring an original of the Commercial Housing Purchase and Sales Contract signed by the purchaser and the company;

5. Bring the original and two copies of the advance payment receipt of 3% or more of the total house price;

6. Remember to bring an original Housing Provident Fund Card.

housing provident fund loan conditions The basic conditions for applying for a housing provident fund purchase loan mainly include three aspects: the loan object, the loan purpose and the basic conditions for housing loans.

housing provident fund loan target 1. Have valid identification.

2. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans. Employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans.

3. If one spouse has applied for a housing provident fund loan, neither spouse can get another housing provident fund loan before paying off the principal and interest of the loan. Because, the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of employees' families.

applicants for housing provident fund loans should have self-raised funds equivalent to 2% or more of the purchase price of housing (local regulations vary); Housing provident fund loan applicants should agree to apply for loan guarantees, and so on. These are all needed to reduce the risk of housing provident fund loans.

housing provident fund loan purposes The housing provident fund loan purpose is limited to the purchase of owner-occupied houses with ownership, and the houses purchased shall meet the architectural design standards stipulated by the municipal provident fund management core. Employees who purchase houses with the right to use cannot apply for housing provident fund loans.

how to calculate the amount of provident fund loans? Most cities have stipulated a higher amount of single housing provident fund loans. Secondly, the housing provident fund loan amount is higher than 7% of the total house payment.

housing provident fund loan amount formula sum of individual monthly contributions of the borrower and spouse provident fund ÷ actual contribution ratio ×12 (month )× .45 (repayment ability coefficient )× loan term (longest loanable period)

If the contribution ratio of husband and wife is inconsistent, the actual contribution ratio shall be determined by the one with higher proportion.

not higher than the loan limit determined according to the repayment ability of the loan applicant and spouse.

to apply for provident fund loan, the monthly repayment/monthly income should be no more than 5% (in which: monthly repayment includes the sum of monthly repayment of existing liabilities and current liabilities).

the calculation of provident fund loan amount should be determined according to four conditions: repayment ability, percentage of house price, balance of housing provident fund account and higher loan limit, and the minimum value calculated by the four conditions is the borrower's higher loanable amount. The calculation method is as follows:

According to the repayment ability, the calculation formula is:

[ (total monthly salary of the borrower+monthly contribution of the housing provident fund of the borrower's unit) × repayment ability coefficient-total monthly repayment amount of the borrower's existing loan ]× loan period (month).

if the spouse's quota is used:

[ (total monthly salary of husband and wife+monthly contribution of housing accumulation fund of the unit where husband and wife work) × repayment ability coefficient-total monthly repayment amount of existing loans of husband and wife ]× loan period (month).

the repayment ability coefficient is 4%

total monthly salary = monthly contribution of provident fund ÷ (unit contribution ratio+individual contribution ratio).

The calculation formula according to the house price is: loan amount = house price × loan percentage; (The loan percentage is determined according to the different types of houses purchased, built and repaired and the number of mortgage sets)

1. Purchase commercial housing, price-limited commercial housing, directional resettlement of affordable housing, directional sales of affordable housing or private housing.

employees' families (including employees, spouses and minor children, the same below) purchase the first set of housing (including commodity housing, price-limited commodity housing, targeted resettlement of affordable housing, targeted sales of affordable housing or private property housing) with a construction area of less than 9 square meters (including 9 square meters), they shall pay a down payment of not less than 2% of the purchased housing price, and the loan amount shall not be higher than 8% of the purchased housing price; If the construction area of the purchased house exceeds 9 square meters, a down payment of not less than 3% of the purchased house price shall be paid, and the loan amount shall not be higher than 7% of the purchased house price.

if an employee purchases a second house with a family loan, he shall pay a down payment of not less than 5% of the purchased house price, and the loan amount shall not be higher than 5% of the purchased house price.

if the employee's family loans are used to purchase the third or above houses, the individual housing provident fund loans will be suspended.

in case of purchase of privately-owned housing, if the housing price is inconsistent with the appraised price, the lower value of the two shall be taken as the approved quota.

for the purchase of directional resettlement affordable housing, the loan amount should not be higher than the difference between the total price of the purchased housing and the housing compensation.

2. For the purchase of existing public housing, the loan amount shall not exceed 7% of the purchased housing price; For the construction, renovation and overhaul of self-owned housing, the loan amount shall not exceed 7% of the cost required for the construction and repair of housing.

if employees apply for housing provident fund loans according to the balance of housing provident fund accounts, the loan amount shall not be higher than 1 times of the balance of housing provident fund accounts when employees apply for loans (at the same time, applying for housing provident fund loans with spouse housing provident fund is the sum of the balance of housing provident fund accounts of employees and spouses); if the balance of housing provident fund accounts is less than 2,, it shall be calculated as 2,.

If I use my housing provident fund to apply for housing provident fund loans according to the higher loan limit, the higher loan limit is 4, yuan; At the same time, if the spouse's housing provident fund is used to apply for a housing provident fund loan, the loan limit is 6, yuan.

If I use my housing provident fund to apply for a housing provident fund loan, and I normally pay the supplementary housing provident fund when applying for the loan, the loan amount is 5, yuan; At the same time, if the spouse's housing provident fund is used to apply for housing provident fund loans, and I or my spouse normally pay supplementary housing provident fund when applying for loans, the loan limit is 7, yuan.

if employees or their spouses normally pay monthly housing subsidies when applying for loans, it shall be implemented with reference to the provisions on normal payment of supplementary housing provident fund.

the calculated value of the loan limit is reserved to thousands, and the thousands below thousands that are not zero are added with one.

provident fund loan interest rate was adjusted and implemented on October 24, 215. The interest rate of provident fund loans for more than five years is 3.25%, the monthly interest rate is 3.25%/12, and the interest rate of provident fund loans for five years and below is 2.75% per annum, which is the same in the whole country.

advance repayment of the provident fund 1. The provident fund borrower inquires the hotline of the provident fund management center, dials and inquires about the remaining loan amount, or inputs part of the amount to be repaid in advance according to the voice prompt, and then brings his ID card to the local provident fund management center to apply for an appointment for the amount to be repaid in advance.

2. The staff will provide an application for repayment. For all repayments, fill in the Application for Early Repayment of Housing Provident Fund Loans of Housing Provident Fund Management Center, and for some repayments, fill in the Application for Early Repayment of Some Loans of Housing Provident Fund Loans of Housing Provident Fund Management Center, and then sign and seal it, and provide corresponding materials.

3. After the applicant reconfirms the amount and date of prepayment, the applicant's application will be transferred to the corresponding entrusting bank for approval.

4. After the approval of the bank, the approval of the housing provident fund management center will begin.

5. After receiving the notice of successful approval, the applicant can go to the bank to repay the repayment amount and interest of the application.

6, the last step, many people will ignore. After successful prepayment, the prepayment form should be submitted to the local housing provident fund management center for filing.

repayment method of provident fund 1. Repayment of provident fund

The interest rate will be much lower in this way, and the repayment method is more flexible. Of course, it is not suitable for commercial loans.

2. Matching principal and interest repayment

This method is particularly common among several ways to repay the mortgage, and the total amount of principal and interest to be repaid every month is the same. The total amount includes the principal and interest that should be borne, and the amount to be repaid each month is fixed within the selected repayment date. You only need to put a fixed date into the bank account to repay the loan every month.

3. Matching principal repayment

The biggest feature is that the burden is from heavy to light. The loan amount is evenly distributed to the monthly repayment amount, and the interest is the interest generated by the loan balance between the previous repayment date and the current repayment date. The principal to be repaid every month is unchanged, and the interest is decreasing, so the total amount to be repaid every month is decreasing. The burden of repayment in this way will be smaller and smaller, but you should know that the burden of repayment at the beginning is relatively large.

4. Fixed interest repayment

Users who use this repayment method do not need to bear the risks brought by floating interest. Among other repayment methods, once the bank adjusts the interest rate, the loan interest rate will change, and if it rises sharply, it may have to pay high interest. Using fixed interest to repay can effectively avoid the risk of interest rate increase caused by excessive price growth or other factors, but the fixed interest rate locks in the risk of interest rate increase, which is generally higher than the current interest rate among several ways to repay the mortgage.

As to which repayment method of provident fund loan is cost-effective, it needs to be decided according to personal circumstances. Among several ways of repaying mortgage, each one needs to bear different pressures and the applicable people will be different.