Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees. Next, I'll sort out whether it's ok to convert Wuxi portfolio loan into pure provident fund, hoping to help you!
1. Can Wuxi portfolio loan be converted into pure provident fund?
Of course. The procedure of transferring portfolio loans to pure provident fund loans is the procedure of transferring commercial loans to pure provident fund loans.
Extension: handling materials
Both the husband and wife of the loan applicant and the owner of the house purchased must go through the relevant procedures for provident fund loans on the spot, and provide the following information (original) according to the purchase situation:
1. Identity cards and household registration books of both husband and wife of the loan applicant and the owner of the house purchased (if the loan applicant or the owner of the house purchased is single, only personal materials are required);
2. Proof of marital status (if the loan applicant or the owner of the house purchased is single, a declaration of marital status must be filled out on the spot, and if he is single due to divorce or widowhood, a valid proof of divorce or widowhood must be submitted separately);
3. Certificate of immovable property right of the house purchased by the loan applicant (or house ownership certificate, house ownership certificate and state-owned land use certificate);
4. Original commercial loan contract;
5. Purchase invoice or deed tax payment certificate;
6. The reloaned housing is local commercial housing and affordable housing: the purchase contract filed by the real estate management department;
7. The reloaned house is a local stock house: a stock house sales contract filed by the real estate management department;
8. Wuxi Commercial Housing Provident Fund Loan (Portfolio Loan) Application Form;
9. Form of Individual Housing Loan Applicants and Family Members of Wuxi Housing Provident Fund (to be filled in on the spot).
Portfolio loans cannot be converted into provident fund loans.
According to the relevant policies, after handling the provident fund portfolio loan, the commercial part of the bank loan can no longer be converted into a provident fund loan.
Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.
The Provident Fund has the following properties:
1, security, the establishment of employee housing provident fund system, providing a guarantee for employees to solve housing problems faster and better;
2. Mutual assistance, the establishment of housing provident fund system can effectively establish and form a mechanism and channel for workers with housing to help workers without housing. Housing provident fund provides financial assistance to workers without housing, which reflects the mutual assistance of housing provident fund to workers;
3. In the long run, every urban employee must pay personal housing provident fund from the date of joining the work to the date of retirement or termination of labor relations; The employee's unit should also pay the housing provident fund for employee subsidies as required.
Provident funds have the following characteristics:
1, universal, urban workers, regardless of the nature of their work units, family income, whether they have housing, must pay the housing provident fund in accordance with the regulations;
2, mandatory (policy), the unit does not apply for housing provident fund deposit registration or does not set up housing provident fund accounts for employees of the unit, the housing provident fund management center has the right to order it to handle within a time limit, overdue, can be punished according to the relevant provisions, and may apply to the people's court for compulsory execution;
3, welfare, in addition to the housing provident fund paid by employees, the unit has to pay a certain amount for employees, and the interest rate of housing provident fund loans is lower than that of commercial loans;
4. Repayment: the employee retires, resigns, or completely loses the ability to work and terminates the labor relationship with the unit, and the household registration moves out or settles abroad. The paid housing provident fund will be returned to individual employees.
"Regulations on the Management of Housing Provident Fund" Article 3 The housing provident fund paid by individual employees and the housing provident fund paid by the employee's unit for employees belong to individual employees.
2. How to transfer Wuxi portfolio loan to pure provident fund?
Application conditions:
1. The loan applicant paid the housing provident fund to our center on time, in full and continuously within six months before the month of loan application, and did not owe the housing provident fund two years before the month of loan application;
2. The housing purchased by the loan applicant is self-occupied ordinary housing;
3. The loan applicant is the owner of the purchased owner-occupied house or the owner of the house (that is, the buyer on the purchase contract filed by the real estate management department);
4, a stable source of economic income and the ability to repay the principal and interest on time;
5. Provide the guarantee company recognized by the Center as repayment guarantee or the securities recognized by the bank as pledge;
6. The loan applicant has obtained the certificate of immovable property right of the purchased house (or house ownership certificate, house ownership certificate and state-owned land use certificate);
7. The original commercial loan must be a house purchase loan and there is no debt for more than two months at the time of lending;
8. When the original commercial loan is lent, the principal balance must be less than or equal to the loanable amount of the borrower's provident fund;
9. Both husband and wife of the loan applicant shall not have outstanding provident fund loans.
Awarded to:
Housing provident fund loans are issued to paid workers' families who purchase the first set of self-occupied housing and the second set of self-occupied housing. Stop issuing housing provident fund loans to paid workers' families who buy third and above houses.
note:
1. If the building area of the purchased house is less than 90 square meters (inclusive) and the purchased house is the first suite, the Property Ownership Registration Information issued by the center after unified file search (Jiangyin Sub-center and Yixing Sub-center are issued by the local real estate management department) shall be submitted.
2. If the spouse of the loan applicant is an active serviceman, the military political department, military affairs department or organization and personnel department shall issue the original certificate of active serviceman.
3. When employees who have paid in the administrative area of this Municipality (including Jiangyin and Yixing) apply for housing provident fund loans, they can provide the original detailed list of housing provident fund deposits issued by the housing provident fund management center of the transferred city and stamped with the official seal or professional seal (if they have not paid for 36 months, they should all be provided) (if both husband and wife have moved to other places, they must be provided).
4.2065438+From April 22, 2005, those who meet the loan conditions can apply for the second provident fund loan to implement the benchmark interest rate, and the second loan application can only be processed the next month after the first loan is paid off.
5. Other materials required by the center shall be provided in case of other circumstances of the employee's family.
Three, Wuxi commercial loans to pure provident fund loans detailed strategy
The new policy of Wuxi commercial loan to pure provident fund loan, when the original commercial loan is converted to loan, the principal balance must be less than or equal to the borrower's provident fund loan amount.
In April this year, Wuxi resumed the business of transferring loans from public to private, and it can easily handle the loan transfer business by paying a small amount of mortgage fees (minimum 500 yuan) and enjoy the low interest rate of provident fund.
After the interest rate cut and the loan repayment delay, the mortgage pressure of Wuxi people has been further reduced!
Recently, the official account of WeChat-the official WeChat of Wuxi Housing Property Guarantee Co., Ltd. issued a document, officially announcing the launch of the loan-to-dealer first service. Pay less in advance (* * only in 500 yuan) and you can easily handle the lending business and enjoy the low interest rate of the provident fund!
You know, if the loan is more than 500,000 yuan and the loan term is 30 years, the accumulated repayment amount after "business-to-business" can save more than 300,000 yuan!
In the past two years, the epidemic has been raging and the economy has declined, and all walks of life have been hit hard.
Recently, many netizens have called for the resumption of "business to public", and most of them are new Wuxi people who have settled and bought houses in recent years. Due to the epidemic, their income is not guaranteed, and the pressure on mortgage loans is increasing.
When the interest rate of commercial housing loans in Wuxi is as high as 5.6%, the interest rate of provident fund loans (3.25% over five years) is much cheaper. However, many people are discouraged from applying for "business-to-business" because they need to pay off their commercial loans in one lump sum.
Now the advance payment business is launched, which is really a big plus for buyers and lenders!
1. What is the advance payment from business to business and then to loan?
When an enterprise turns public, it must settle the original enterprise loan and apply for provident fund (or portfolio) loan again.
If the borrower has insufficient funds, he can apply to Xifang Guarantee for refinancing, and after approval, he can get the special repayment funds provided by Xifang Guarantee to settle the original commercial loan.
2. How much can I save by changing my business to public?
For example:
Take the loan of 500,000 yuan and the loan period of 20 years as an example.
If you apply for a commercial loan, you need to repay 3,524.7 yuan (the interest rate is 5.8%) in the form of equal principal and interest every month, and the total repayment for 20 years is 845,928 yuan;
To apply for a provident fund loan, you need to repay 2,835.98 yuan with equal principal and interest (interest rate 3.25%) every month, and the total repayment for 20 years is 680,635.2 yuan;
Compared with commercial loans, provident fund loans save 688.72 yuan per month, and the total repayment in 20 years saves 165292.8 yuan.
Converting commercial loans into provident fund loans will greatly reduce the burden on borrowers.
3. What platform is the iron house guarantee? Is it reliable?
According to the requirements of Urban Construction Group, Xifang Guarantee (Wuxi Housing Real Estate Financing Guarantee Co., Ltd.) changed its equity in March 2022, from a company with mixed ownership to a wholly state-owned company, with its registered capital increased from 65.438+0.3 billion yuan to 690 million yuan and its net assets increased from 600 million yuan to 65.438+0 billion yuan.
2022 is the 20th anniversary of the establishment of the Iron House Security. In the past 20 years, Xifang Guarantee has set up service outlets in provident fund centers and major banks, covering Wuxi. In the past 20 years, Xifang Guarantee has provided loan guarantees of 2010.50 billion yuan to 488,700 people in Wuxi, Jiangyin and Yixing, among which19,294 low-income families have been provided with affordable housing loans. ...
4. How to apply for refinancing? What are the application conditions?
After the approval of the provident fund center and the bank loan, the applicant can sign an agreement with Xifang Guarantee to handle the loan business.
Moreover, after obtaining the real estate license (real estate registration certificate), you are eligible to handle the business of transferring business to public.
5. What is the amount of advance payment and the charging standard?
The prepayment amount shall not exceed the approval amount of the provident fund center and the bank (the part of the original commercial loan principal and interest exceeding the approval amount shall be raised by the applicant himself); The service fee for advance loan is charged according to each transaction (when mortgage loan is involved, the agency service fee will be charged separately).
Four, pure provident fund loan conditions
The employee's unit must open a housing provident fund account in the entrusted bank determined by the county people's government and pay the housing provident fund on time for more than one year.
1, loan object
In line with the "loan conditions" and the need to buy and build houses, administrative institutions and enterprise employees purchase housing reform, affordable housing, commercial housing or self-built housing in their respective jurisdictions.
2. Loan amount and loan interest rate
The amount of entrusted loans for housing provident fund shall not exceed 70% of the total amount of housing purchased by employees, and the monthly repayment amount shall not exceed 50% of the monthly economic income of both husband and wife. The maximum amount of housing provident fund personal housing entrusted loan is 6.5438+0.5 million yuan. The loan interest rate is 4.59% for five years or less and 5. 13% for more than five years.
3. Term of the loan
According to the remaining length of service and repayment ability of employees. The longest term of housing provident fund personal housing entrusted loan is 20 years. Employees with less than 20 years of remaining service can be relaxed for 3 years.
4, employee loans should provide materials.
(a) to apply to the housing provident fund management department, after passing the preliminary examination, send the "Cengong County Housing Provident Fund Personal Loan Application Form" in duplicate;
(2) The employee shall submit the completed Application Form for Personal Loan of Cengong County Housing Provident Fund together with the following materials to the Credit Unit of the County Housing Provident Fund Management Department;
1. Two loan applications (signed by married spouse);
2. The original and photocopy of the house purchase contract or agreement 1 copy each;
3. 1 Original and photocopy of the Registration and Filing Form of Commercial Housing Pre-sale Contract;
4. Two copies of deposit receipt;
5. Two copies of the applicant's husband and wife ID card and household registration book;
6. Two originals of the income certificate of the applicant's husband and wife;
7. The original 1 copy, 1 copy and 1 copy of the applicant's personal account inquiry form for husband and wife housing provident fund (with the official seal of the bank where the account is opened);
8. The applicant should provide a copy of marriage certificate if he is married, and two copies of divorce certificate if he is divorced; Unmarried, the original and photocopy of the unmarried certificate issued by the street office where the account is located or 2 copies of the unmarried certificate shall be provided;
9. For self-built houses, 2 copies of the approval letter for construction land, construction project planning permit, land use certificate, house elevation and house plan shall be provided;
10. To purchase affordable housing, two copies of the approval document for construction land, construction project planning permit, construction permit, house elevation, house floor plan and approval documents of relevant government departments shall be provided.
Verb (abbreviation of verb) The loan procedure is as follows:
I. Application
The borrower and spouse go to the customer to fill in the loan application form, conduct an interview, and provide the following materials:
1, I and my spouse's identity documents (valid residence documents such as ID card and household registration book), and if the spouse is not in the same household registration book, a marriage certificate is required;
2, the purchase contract (contract) or land, planning, construction and other departments of the relevant approval documents;
3. Pre-sale registration certificate of commercial housing, Pre-notice registration certificate of housing or deed certificate;
4. Receipt of the down payment that has paid the specified proportion (stamped with the seal of tax producer);
5. Mortgaged house ownership certificate, state-owned land use right certificate and real estate value evaluation report;
6. If the spouse pays the housing provident fund in other places in the province, it is necessary to provide the deposit certificate of the housing provident fund management institution where the spouse pays.
7. If the borrower deposits the housing provident fund in different places within the scope of this Municipality, it is necessary to provide the deposit certificate of the housing provident fund management institution where the borrower deposits.
8. Relevant policies or other information required by customers.
Second, approval
The customer should review the loan application. For an application that meets the loan conditions and has complete materials, the client shall make a decision on whether to approve the loan within 7 working days from the date of acceptance, and notify the applicant.
Third, the loan procedure
1. The client, the trustee and the borrower sign a personal housing loan contract;
2. The mortgagee and the mortgagor sign a real estate mortgage contract and go through the mortgage registration with the registration authority. The real estate license of the mortgaged house shall be kept by the mortgagee;
3. Where the purchased house (auction house) is used as collateral for the loan, the mortgagee and the mortgagor shall sign the Real Estate Mortgage Contract and go through the mortgage registration formalities for the pre-purchased commercial house, and then go through the loan issuance formalities in the following forms:
(1) form of commitment
The client issues the Notice of Commitment to Housing Provident Fund Loan to the borrower, and the selling unit and the purchaser jointly handle the formalities of real estate transaction transfer and property right registration. After receiving the house ownership certificate, the borrower shall go through the formal mortgage registration formalities with the registration authority, hand over the house ownership certificate to the mortgagee, and go through the loan issuance formalities with the entrusted bank.
(2) Form of guarantee
Before the ownership certificate of the house purchased by the borrower is handed over to the mortgagee, the guarantor shall provide the borrower with joint liability guarantee. The guarantor signs a loan guarantee contract with the creditor, and the borrower goes through the loan issuance procedures at the entrusted bank.
4. The borrower opens a deposit account in the entrusted bank to repay the loan principal and interest;
5. After the loan contract comes into effect, the trustee will transfer the loan to the account opened by the sales unit in the bank in the name of the borrower's purchase price, or transfer it by other means agreed in the loan contract.
6. Handle other relevant formalities that should be handled.
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