If the applicant wants to transfer the commercial loan to the provident fund, there are two main ways at present, one is to repay the loan first, and the other is to pay the loan with the loan. Details are as follows:
1 Bring our and our spouse's identification, marriage certificate, household registration book, commercial loan contract, proof of real estate appraisal and bank card for repayment, contact the original commercial loan bank and tell us that we need to go through "business-to-business", and then the staff will tell us what procedures we should go through.
The loan bank will review the application and materials submitted by us. After the approval, the bank will tell us to go through the relevant procedures, such as signing a provident fund loan contract and a mortgage contract with the loan bank.
3. Settle the balance difference between the provident fund loan and the original commercial loan and deposit it in the deposit account of the original commercial loan bank. The bank staff will make an IOU, which is the money you have paid back every month since the repayment, the total amount of IOU, the balance and so on.
Bank Doubt 4 When we inquire about credit information and repayment, the bank will sign a contract with you, not only with the bank that handles commercial loans, but also with the guarantee company designated by the provident fund management center.
After all the related matters with the commercial banks and guarantee companies designated by the provident fund management center are completed, the banks begin to issue loans, waiting for the provident fund management center to issue loans, and the loans are used to settle the remaining outstanding loans of the original commercial banks.
After the commercial loan is transferred to the provident fund loan, you should go to the original commercial loan bank to go through the formalities of cancellation of real estate mortgage and registration of provident fund loan mortgage. After the mortgage and handover of real estate are completed, you only need to repay on time according to the repayment plan.
How to transfer commercial loans to housing provident fund loans?
Commercial loans to provident fund loans need to be handled at the local provident fund center. The main process is as follows:
1, consulting banks and provident fund centers
Customers need to consult the local provident fund management center and the original loan bank first. This step is mainly to understand the policy of converting commercial loans into public loans, whether it meets the conditions of converting commercial loans into provident fund loans, what is the attitude of the original lending bank to transferring provident fund loans, and whether it supports customers to transfer provident fund loans.
2. Go to the bank to print relevant information.
In this step, the customer needs to contact the loan bank to print the repayment flow and submit the application for early repayment according to the prompt of the provident fund center. Customers can't settle the commercial loan in advance without knowing it in the provident fund center, otherwise they can't handle the business of transferring to the public.
3. Submit materials to the Provident Fund Center.
Generally speaking, the information that customers need to submit includes ID card, credit report, income certificate and information obtained from banks. What specific information is needed shall be subject to the notice of the local provident fund center.
4. Settle the commercial loan in advance.
If you want to transfer to the public, it is necessary to settle the business loan in advance. Customers need to contact the original loan bank to settle the commercial loan in one lump sum. It should be noted that the customer should settle the original commercial loan at the prompt of the provident fund center.
5. Go to the bank to get relevant materials.
After the commercial loan is settled, the customer needs to contact the account manager of the bank and get the loan settlement certificate, the original real estate license, the last settlement flow and other materials. If there is no time, they can negotiate with the bank to mail these materials.
6. The materials shall be submitted to the Provident Fund Center for review.
Customers need to submit the above information to the provident fund center for review. In order to speed up the efficiency of loan approval, customers need to ensure that there are no mistakes and omissions in the submitted materials, otherwise it will bring trouble to the review of provident fund loans.
7, provident fund center notice interview.
After the customer's loan information has been audited by the provident fund center, they will receive a notice of face-to-face signing. Face-to-face interview is not very complicated. Generally, he will only ask the customer's family, occupation, income and other standard questions, so the customer can answer truthfully according to his actual situation.
8. Go through the mortgage formalities.
Housing mortgage does not have to be handled by customers themselves. You can entrust an intermediary to handle business. Some regional provident fund centers will automatically submit customers' information to relevant departments for mortgage. Customers only need to pay attention to the progress of mortgage.
9. The Provident Fund Center arranges loans.
After the mortgage is successfully handled, there will be a mortgage certificate, which is the material that the provident fund center must master. After receiving the mortgage certificate, the provident fund center will arrange the loan. After the loan is issued, the customer will receive SMS notification and need to repay the loan according to the agreement in the future.
It can be seen that the transfer business is a complex business. If the customer is unfamiliar, you can find out in advance, or ask an experienced person for help.
Although it can save a lot of mortgage interest for customers, it is not a simple matter to handle business transfer, and customers need to meet more conditions. There will be some differences in business network transfer policies in different regions, so customers can know in advance and handle business after understanding.
What are the conditions for transferring commercial loans to provident fund?
1. To convert a commercial loan into a provident fund loan, the following conditions must be met: when the original commercial loan is converted into a provident fund loan, the principal balance must be less than the loanable amount of the applicant's provident fund; Can provide a guarantee recognized by the center; Continuous full deposit of provident fund for more than 6 months; The applicant's husband and wife shall not have outstanding provident fund loans; The original commercial loan has been repaid normally for more than one year with a good repayment record.
2. Legal basis: Article 26 of the Regulations on the Management of Housing Provident Fund.
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 loans are issued, the entrusted bank shall go through the loan procedures.
2. What conditions and materials are needed to apply for a commercial loan?
1. Conditions to be met in applying for commercial loans
The borrower 18 years old or above, and the applicant's loan period is not more than 70 years old. He has a down payment for buying a house, a stable job, and his salary is more than twice the monthly payment. He needs to provide proof of income and has no bad credit record.
2. Information to be provided when applying for commercial loans
Original and photocopy of house purchase contract and down payment invoice. The original and photocopy of the applicant's (and spouse's) household registration book and the original and photocopy of the marriage certificate (divorce certificate). Unmarried persons are required to provide their unmarried statement (bank text), a copy of the business license stamped with the official seal of the unit or the annual income certificate of the personnel department (bank text), a personal credit report stamped with the official seal of the unit and proof of academic qualifications.
How to convert commercial loans into provident fund loans? How to deal with it?
Commercial loans can be converted into housing provident fund loans.
I. When a commercial loan is converted into a provident fund loan, the borrower shall meet the following seven conditions:
1, which meets the application conditions for housing provident fund loans in this city;
2. The borrower must be the borrower or spouse of the original housing loan (required by the buyer);
3. The original commercial housing purchase loan has not been settled, and the bank agrees that the borrower will settle the loan in advance;
4. The original commercial housing loan has been repaid for more than one year (inclusive), with a good credit record and no overdue loan balance;
5. The purchased property has obtained the real estate license issued by the local real estate registration department, and it has a steel-concrete structure;
6. Commercial loans that can be mortgaged for the purchased real estate can be converted into provident fund loans;
7, did not apply for housing provident fund loans.
Two. Materials required for the conditions of transferring commercial loans to provident fund loans (all materials must be original):
1, the original purchase contract;
2. The original purchase invoice issued by the tax department;
3. Original property certificate and land certificate;
4. The original ID cards of both husband and wife (valid for more than one year);
5. Original marriage certificate or single certificate (the single certificate is stamped with the official seal of the unit);
6. Original residence booklet;
7. Original bank settlement voucher and repayment voucher;
8. Original loan contract signed with the bank.
Extended data:
Letter of credit clause
1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans.
2. To participate in the housing provident fund system, if you want to apply for a housing provident fund personal purchase loan, you must also meet the following conditions: that is, the housing provident fund has been continuously paid for at least 6 months before applying for the loan. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing loans.
3. One of the husband and wife has applied for a housing provident fund loan, and neither of them can get a housing provident fund loan until the principal and interest of the loan are paid off. Because the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of workers' families.
4. When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is risky to lend to housing provident fund, which violates the principle of safe operation of housing provident fund.
5. The term of the provident fund loan shall not exceed 30 years. For portfolio loans, the loan conditions of provident fund loans and commercial housing loans must be the same.