Social security loans and provident fund loans

Is the low-interest social security provident fund loan reliable?

Low-interest social security provident fund loans are very reliable. Provident fund is the most reliable, conscientious and affordable loan in China with low interest rate. It is quite reliable to buy a house with a provident fund loan. The loan interest rate is only 3.25, which can save almost half the interest compared with the current interest rate after the commercial loan rises. Housing accumulation fund refers to the social welfare of housing, which is universal and compulsory. Mainly used for employees to buy, build, rebuild, overhaul, decorate their own houses or pay rent. To put it bluntly, the provident fund is a deposit fund in which every company or unit working and users save a little money in a pool to help users buy a house together.

1. How to repay the provident fund and mortgage?

1. Paying back the provident fund mortgage is the same as paying back the personal business loan. The repayment method of mortgage is divided into equal principal and interest and average capital. Matching principal and interest is a combination of monthly payment and interest, and the monthly repayment amount is the same. The average capital is the monthly principal and interest, so this thing is getting less and less.

2. There are two ways to repay mortgage with provident fund. First, the borrower repays normally on a monthly basis, but the provident fund of himself and his spouse can be withdrawn every year, and the withdrawal amount cannot exceed the total repayment amount of the previous year.

2. What are the requirements for applying for social security loans?

Now many lending institutions have social security loan services. If users want to apply for social security loans, first of all, general lending institutions need users to be at least 25 years old and. There are certain sources of income, and some need to provide relevant income certificates. Secondly, the applicant needs to submit relevant social security certificates, and finally, the applicant's social security payment period.

To sum up, although there are many online loans now, users may not look at everyone's central bank card records, but they will definitely have their own risk control system, so those black households can also borrow money, and the advertisements are not credible. Users should never be fooled. Every platform has some means to control risks. When lending, the choice of platform is particularly important, so we must make more comparisons.

How long can the social security provident fund loan be paid?

Generally speaking, if you want to apply for a provident fund loan, you need to pay the provident fund continuously for at least six months, which is only the minimum requirement.

First of all, different places may have different regulations. For example, it may take more than 12 months to apply for provident fund loans in some places.

Secondly, some places need to use provident fund loans to buy a house, which requires not only the payment time of provident fund, but also the payment time of social security. For example, buying a house in some places may require paying 1-2 years of social security. Provident funds are generally paid together with social security, so social security needs to be paid as long as possible.

Thirdly, if you want to apply for a provident fund loan, it depends not only on whether the payment time meets the requirements, but also on whether the amount paid is sufficient. Because you want to apply for a provident fund loan, the loan amount you can apply for usually has a lot to do with the deposit amount. If the deposit amount is too small, there is not much money to borrow, which does not make much sense.

Although many people have enough time to pay provident fund, they finally give up using provident fund loans. The main reason is that the amount of provident fund deposit is too small, and the amount of provident fund loans they can apply for is too far from the amount they want to apply for. Then, how much provident fund do you need to pay to apply for provident fund loans?

How much does it cost to apply for a provident fund loan?

There is no specific requirement for how much the provident fund needs to deposit before applying for a loan. Usually, the more deposits, the more loans you can apply for.

However, there is an upper limit on the amount of provident fund loans in various places. Even if you pay more provident fund, the loan amount cannot exceed this upper limit.

From the perspective of maximizing benefits, it is definitely the best to use up all the amount of provident fund loans. Then, if you want to use up the provident fund loan amount, how much provident fund do you need to pay? This is different from the limit and calculation method of provident fund loans in every place.

Take Changsha as an example, for example, the loanable amount of provident fund loans = (monthly contribution of provident fund × 12× future personal account balance of provident fund )× 2, and the upper limit of personal provident fund loans is 600,000.

It can be seen from the calculation formula of the amount of provident fund loans in this city that the number of times a person can apply for provident fund loans is not only related to the deposit amount, but also related to the monthly deposit amount and the number of years that can be deposited.

If the monthly deposit is 1 000 yuan and the deposit period is 20 years, you need to deposit 60,000 yuan before you can apply for a provident fund loan of 600,000 yuan. If you want to deposit 60,000 yuan cumulatively, then deposit 1 0,000 yuan every month, which is 5 years.

It can be seen that although the provident fund can apply for provident fund loans in the shortest six months according to the regulations, I really want to use provident fund loans to buy a house, and the payment time may be much longer.

Can provident fund loans and social security loans be handled at the same time?

Yes, when the amount of provident fund loans is insufficient, users can choose portfolio loans, that is, they can apply for provident fund loans and commercial loans at the same time. The advantage of portfolio loan is that it can solve the problem of insufficient loan amount of provident fund, and the loan interest of portfolio loan is lower than that of commercial loan. However, users must meet both commercial loan conditions and provident fund loan conditions before they can apply at the same time. In portfolio loans, the loan term, loan date and repayment date of commercial loans and provident fund loans are the same, but the loan interest rates are different.

How to borrow social security provident fund loans?

First, how to borrow social security provident fund loans

1. Go to the lending institution to consult the social security loan;

2. According to the requirements of lending institutions, prepare social security loan application materials, usually identity certificates, residence certificates, work certificates, income certificates and social security certificates;

3. Fill in the loan application form, submit application materials and submit a written application for social security loan;

4 lending institutions in accordance with the relevant provisions of strict examination and approval;

5. The lending institution signs a loan contract with the borrower;

6. Lending institutions issue loans;

7. The borrower repays the loan according to the contract.

Second, the social security provident fund loan conditions

1. age: a natural person who is required to be at least 25 years old and have full capacity for civil conduct.

2. Credit: the credit record is good, and there is no overdue record on the personal credit report.

3. Work: The borrower must have a stable job and a fixed source of income, and have the corresponding repayment ability.

4. Social security: Meet the relevant requirements of lending institutions for social security deposit, generally the requirements of deposit base and payment time.

5. Other requirements: other conditions that meet the requirements of lending institutions.

Three, the legal provisions of social security provident fund loans

Regulations on the Management of Housing Provident Fund (revised by the State Council's Decision on Amending Some Administrative Regulations on March 24, 20 19) Article 11 The housing provident fund management center shall perform the following duties:

1. Prepare and implement the plan for the collection and use of housing provident fund;

2 responsible for recording the deposit, withdrawal and use of employee housing provident fund;

3 responsible for the accounting of housing provident fund;

4. Approving the extraction and use of housing provident fund;

5 responsible for the preservation and return of housing provident fund;

6 preparation of housing provident fund collection and use plan implementation report;

7. To undertake other matters decided by the Housing Provident Fund Management Committee.

Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.

Can I get a loan if the provident fund and social security are inconsistent? What are the requirements for provident fund loans?

Provident fund and social security are not paid by the same company, depending on the specific situation. It is to prevent property buyers from obtaining housing provident fund loans by deception. If it is verified that the borrower's provident fund and social security are not paid by the same company, the borrower must explain why the social security and housing provident fund are not paid by the same company. After verification, the provident fund management center will make a judgment according to the specific situation.

Provident fund loan conditions:

1 Lender 18 years old or above, with full capacity for civil conduct;

2. The lender has a valid account or residence permit at the place where it is located;

Before applying for provident fund loans, the housing provident fund has been paid normally for six consecutive months;

4. The lender has procedures and contracts for house purchase, lease and decoration;

5 the down payment of the house should exceed 30% or 20% of the total purchase price;

Lenders have good personal credit information, stable income and the ability to repay on time.

What materials are needed to buy a second-hand house to get the provident fund, and how to extract it?

1. If a user buys a house again after applying for a housing provident fund loan, he can extract the housing provident fund according to the materials extracted from the house purchase.

2. If the user fails to repay the housing provident fund loan, he can extract the extractable amount according to the repayment situation of the previous year.

3. Users who buy a new house can withdraw it with the purchase contract and related procedures after the down payment is paid.

4. If the house payment is paid off, it can be extracted with the purchase contract and the full invoice.

5. If you have received the real estate license, you can return it with the real estate license and the full invoice.

This concludes the introduction of the relationship between social security loan and provident fund loan, housing provident fund loan and social security payment. I wonder if you have found the information you need?