The first is to realize the diversification of guarantee methods. In order to strengthen the management of housing provident fund loans and prevent loan risks, on the basis of the original "natural person guarantee, real estate mortgage and right pledge", a new "guarantee company" is added to provide guarantee services for individual housing provident fund loans. The borrower can choose the guarantee method independently according to his own situation, which solves the practical problem that the guarantor is difficult to find.
Second, implement a strict access system. In strict accordance with the requirements of the Administrative Measures of Tai 'an Individual Housing Provident Fund Loan Guarantee Company, the guarantee company has a sound corporate governance structure, internal organizational management system, risk control mechanism and perfect pre-investigation, in-process review, post-inspection and recovery, disposal capacity and other elements, which meet the standards for the entry and exit of guarantee institutions. At present, the first batch of guarantee companies introduced in our city are the companies approved by the Provincial Finance Office to provide financing guarantee services for small and medium-sized enterprises and individuals. ***3 companies, namely: Shandong UnionPay Guarantee Co., Ltd., Shandong Ding Sheng Investment Guarantee Company and Shandong Taian Huatai Investment Guarantee Company. Guarantee companies implement paid services.
Personal opinion: generally, it is ok to have a guarantee company, but for borrowers who are not registered in this city and have unstable jobs, the bank is not at ease, fearing that the borrower will not be able to find a borrower if he does not pay back the money, so he needs a guarantor who works locally as a guarantee.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.