Requirements for converting commercial loans into provident fund loans:
1. The borrower who transferred the provident fund loan and the original commercial loan must be the same person;
2. The original commercial loan has been repaid normally for more than 1 year, and there is no record of overdue repayment provided by the lending bank;
3. If the housing provident fund is withdrawn due to the purchase of housing, the housing provident fund shall be continuously and normally paid 1 year or more from the date of withdrawal;
4. The transfer of provident fund loans must obtain the consent of the original commercial loan bank;
5 housing that has been transferred to provident fund loans must be a residential development project registered in the city housing reform fund center. If the Property Ownership Certificate and the State-owned Land Use Right Certificate are not handled, the developer shall provide installment guarantee or the Certificate of Commercial Housing Ownership;
6. Agree to provide guarantee by a guarantee company recognized by the municipal capital center.
Information to be provided when commercial loans are converted into provident fund loans:
1. Purchase contract and purchase invoice for applying for commercial personal housing loan;
2. Commercial individual housing loan contract;
3. Written proof of the balance of the applicant's commercial personal housing loan at the end of last month;
4. Certificate of Other Rights of Real Estate or Certificate of Registration of Real Estate Mortgage for Commercial Personal Housing Loan Mortgage;
5. The applicant and his spouse's ID card, marriage certificate, household registration book and other valid documents;
6 other information required by the city housing provident fund management center and the loan bank.
Process of transferring commercial loans to provident fund loans:
1. Consultation and acceptance of loan banks The entrusted bank shall be responsible for the consultation service of provident fund loan transfer according to the policies and regulations of the management center. Before applying for a loan, the branch of the entrusted bank may consult the relevant policies and procedures for the transfer of provident fund loans. Bank staff should guide the borrower to fill in the personal housing provident fund loan folder correctly and completely, and prepare relevant documents together with the borrower.
2. The entrusted bank accepts the loan application and conducts the preliminary examination. When accepting the loan application, the bank staff shall implement the interview system with the borrower according to the policies and regulations of the management center. Carefully review the authenticity, completeness and validity of the loan application materials submitted and the standardization of document filling to ensure the authenticity and validity of the applicant's signature on various documents.
3. After the preliminary examination, the bank staff shall notify the sub-lender to go through the guarantee formalities with the guarantee company with the following information.
4. The sub-lender signs a loan contract and mortgage contract with the loan bank with the staged guarantee letter issued by the guarantee company, and at the same time makes up the difference of the transferred provident fund loan to the bank savings repayment account agreed in the original commercial loan.
5. Mortgage guarantee information input The loan bank inputs the lender's collateral, guarantee, pre-stored difference funds and other information in the housing provident fund information management system.
6. Bank Audit The entrusted bank auditor shall review a complete set of loan information in accordance with the policy of transferring the management center to provident fund loans.
7. The management center conducts the final audit.
8. After the loan issued by the lending bank is finally approved, the entrusted bank will issue the loan funds according to the loan notice of the management center, and transfer the loan funds transferred to the provident fund and the pre-stored difference funds into the original commercial loan account, settle the original commercial loan, and notify the lender in time.
9. The loan bank shall, within 7 working days after the loan is issued, cooperate with the guarantee company to handle the cancellation of the original commercial loan mortgage registration with the real estate management department, and handle the transferred provident fund loan mortgage registration procedures.