Commissioned by the individual housing loan application procedures

Commissioned by the individual housing loan application procedures (housing fund management center in Beijing)

First, the application

The borrower to the client (Beijing housing fund management center), making borrowing application and provide the following information:

I account of this, identity card or other valid proof of stay;

Purchase contracts or letters of intent and other relevant documents;

Borrowers agreed to loan the unit communications;

The client asked for other materials.

Second, the first instance

Clients to apply for a preliminary

Third, the survey

Clients after passing the first instance, the Construction Bank Beijing Branch agencies (the trustee) of loans to investigate and survey comments.

4, and the approval commissioned by the signing of the contract

According to the trustees put the client survey, conducted on the loan approval, the approval agree that the clients signed by the trustee and the contract, and then commissioned by the loans issued by the client notice.

5, signed loan contracts

According to the contract by the trustee and borrowers signed loan contracts and the corresponding contracts.

6, the allocation of loans

Loan contract after the entry into force, clients will be commissioned by the loan fund of funds assigned to households, according to the trustees by the allocation of loan contracts.

The central and state organs individual housing loans secured by (the central and state organs housing fund management center)

First, the application

Trustee of the borrower to complete the loan application and provide the following information:

Accounts of the borrower, identity card or other valid travel documents and copies of residence;

Purchase contracts or letters of intent and other relevant documents;

Borrowers, or local units of housing fund management institutions agreed to loan the letters;

The purchase of new housing units provided Shoufang the "Beijing permit sales of commercial property," a copy of the purchase of public houses to provide a higher level of housing reform on the management of institutions "Shoufang programme," a copy of the approved documents;

Mortgage or pledge to guarantee the way, pledging collateral or proof of ownership;

To guarantee the security of the way, the guarantor of the security agreement in writing and that the creditworthiness of the guarantor;

Borrowers in the trustees have the full purchase price of not less than 30% of the deposits proven, or pay 30 percent more than the original purchase receipt and a copy of advances;

Trustees asked for the other materials.

Second, the first instance

Trustees of the borrower's application of First Instance

Third, approval and signing of contracts commissioned by the

According to the trustee clients , for approval of the loans, approval consent, commissioned by the client signed the contract with the trustees, issued

40, signed loan contracts

According to the contract and commissioned , trustees and borrowers signed loan contracts and related contracts.

5, the allocation of loans

Loan contract after the entry into force, clients will be commissioned by the loan fund of funds assigned to households, according to the borrower by the trustees to transfer the contract allocation.

Individual housing loans secured by

The central and state organs individual housing loans secured by

---- Central and state organs individual housing loans is commissioned by the central government organs housing fund management center use of housing accumulation fund, commissioned by the Beijing branch of China Construction Bank to the purchase of owner-occupied housing in the central and state organs of the housing units in Beijing and the provident fund deposit Huijiao units of retired workers of the secured loan.

Loans

---- In the central and state organs housing fund management center of the housing accumulation fund system deposited with the housing provident fund deposit and Huijiao units of retired workers.

Other conditions:

Beijing urban resident with valid residency status or accounts;

In Beijing's purchase of owner-occupied housing;

A stable job and income, have the ability to repay the loan principal and interest;

With the purchase of housing contracts or related documents, the sale of public houses have a higher level of housing reform programme Shoufang management agencies for approval to provide the Beijing branch of China Construction Bank (hereinafter referred to the trustees) agree that the way of security;

Meet client requirements and other conditions.

Loan guarantees way

---- Form of loan guarantees property mortgage, pledge and third-party rights guaranteed jointly and severally liable.

---- Which, for workers to buy houses by the Housing loans, may choose to use real estate mortgage or pledge or third-party rights guaranteed jointly and severally liable; commissioned for the purchase of commercial housing loans, the right to pledge or may choose to use third-party guarantee jointly and severally liable way.

Line of credit and maturity

---- Each line of credit to purchase housing should not exceed 80 per cent of the purchase price, and clients regularly publish shall not exceed the maximum loan amount.

---- Loan period from the trustee (Construction Bank Beijing Branch) and the borrower agreed, quantifiable to the borrower 65 years of age, at the same time should not exceed 30.

Loan rates

---- Five years (including five years) on the implementation of the annual interest rate 4.14%; more than five years on the implementation of the annual interest rate 4.59 percent.

---- Personal housing accumulation fund lending rates must implement a year, every year on January 1, the interest rate determined by the corresponding grade level of interest rates next year.



Loan repayment

---- Borrowers to repay loans taken are also the monthly; interest first and principal repayments, the monthly amount of not less than 15 percent of household income;

---- Monthly loans are also refer to the same period of a month are returning in full the amount of principal and interest loans;

---- The early repayment, to be ahead of the scheduled repayment on a month ago, written notice of trustees, upon the issuance of the notice, that is irrevocable;

---- Advance to a one-time repayment of outstanding loans of all remaining principal and interest, interest in accordance with the provisions of the loan contract and the actual interest rate for loans calculated.