Whether it is necessary to settle the commercial loan when the business is transferred to the public shall be subject to the provisions of the applicant bank. If the bank supports the direct transfer of commercial loans to provident fund loans, then the borrower does not need to pay off the commercial loans in advance. However, if the bank requires to settle the commercial loan before applying for the provident fund loan, then the borrower must pay off the commercial loan before transferring to the provident fund loan.
For the borrower, the transfer of business to public is nothing more than to save mortgage interest. If there is no interest after conversion, there is no need to convert at this time. In addition, it is not cost-effective to repay the mortgage in advance to pay part of the liquidated damages.
How to handle corporate loans?
1, consulting
Before applying, the lender should consult the handling outlets of the entrusted bank about the policies and procedures for the transfer of provident fund loans, fill in the personal housing provident fund loan folder under the guidance of bank staff, and prepare relevant documents at the same time.
2. First trial
The entrusted bank accepts the loan application and examines the authenticity, completeness, validity and standardization of the loan application materials submitted by the lender to ensure the authenticity and validity of the signatures on various documents.
Step 3 guarantee
If the lender passes the preliminary examination, the bank staff will inform him to go through the guarantee formalities with the guarantee company with relevant information.
Step 4 sign a contract
Lenders sign loan contracts and mortgage contracts with loan banks on the basis of staged guarantee letters issued by guarantee companies, and at the same time make up the difference funds transferred to provident fund loans to the bank savings repayment account agreed in the original commercial loans.
Step 5 enter
The staff of the loan bank input the lender's collateral, guarantee, pre-stored difference funds and other information in the provident fund information management system.
Step 6 review
The auditor of the entrusted bank shall examine the loan information submitted by the lender in accordance with the provisions of the provident fund management center.
7. Final review
After the final judgment is passed, the entrusted bank will issue loans according to the loan notice of the provident fund management center, transfer the loan funds transferred to the provident fund and the pre-existing difference funds into the original commercial loan account, and settle the original commercial loan.
8. Registration
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 in the real estate management department, and handle the mortgage registration formalities of the transferred provident fund loan.
Jiabao ruijing garden
on sale
Reference price: The reference average price is 7300 yuan/m2.
Address: 200 meters west of the intersection of West 1st Ring Road and Wuzhen Street, Luzhou District.
Property telephone number: 400-8 18-0066 to 023026.
Do you have to pay off the commercial loan before transferring the commercial loan to the provident fund loan?
You need to pay off the original commercial loan before you can use the provident fund loan.
Take Xining as an example:
The Interim Provisions on Transferring Commercial Housing Loans to Housing Provident Fund Loans clearly stipulates that the process of transferring commercial loans to provident fund loans is as follows:
1. Print the detailed list of mortgage repayment and consult in the business hall of provident fund management center;
2. The applicant applies to the mortgage bank for prepayment;
3. The applicant pays off all bank mortgage loans by self-financing;
4. The applicant holds his ID card to the real estate and land management department of Xining City, and goes through the cancellation registration formalities of mortgage real estate and land ownership certificate;
5. The applicant shall submit the materials required for the loan to the entrusted bank (the applicant may choose the entrusted bank independently);
6. The entrusted bank shall submit it to the provident fund management center for examination and approval after preliminary examination;
7. After approval, the entrusted bank shall sign a loan contract and relevant procedures with the applicant according to the examination and approval opinions of the Center;
8. The entrusted bank handles the mortgage procedures of real estate and land;
9. Issue loans and transfer funds to the borrower's account.
Article 3 above clearly points out that bank loans must be repaid with self-raised funds first.
Extended data:
20 17 12 13 The Ministry of Housing and Urban-Rural Development and other four departments jointly issued a notice on the purchase of houses by provident fund-a notice on safeguarding the rights and interests of housing provident fund paid to employees' housing loans, and made it clear once again that real estate developers shall not obstruct or refuse employees to use provident fund loans to purchase houses.
1. The housing provident fund center and the loan bank should shorten the time limit for examination and approval, and complete the examination and approval of employee loans within 10 working days from the date of accepting the loan application.
2. If the loan bank does not handle it, employees can report to the provident fund center. If the circumstances are serious after investigation, the provident fund center may suspend or cancel the qualification of the bank's housing provident fund business.
3 real estate agents in the sale of commercial housing, should provide a written commitment to "not refuse employees to use housing provident fund loans", and publicity in the real estate sales site.
4. Real estate agents shall not restrict or obstruct employees from using housing provident fund loans by raising the selling price or reducing discounts. If employees have objections, they should immediately complain to the provident fund center.
5. Real estate agents shall not require or require employees to sign a written document voluntarily waiving the loan right of housing provident fund, and any employee shall immediately complain to the provident fund center.
References:
People's Network-How to handle the transfer of commercial loans to provident fund in Xining?
Do you need to pay off the bank loan first when you transfer a commercial loan to a provident fund loan?
Commercial loans to provident fund loans need to be paid off first. According to the regulations, if you want to convert commercial loans into provident fund loans, you need to settle the original commercial loans before you can go through the formalities of provident fund loans. In addition, the user's provident fund must meet the requirements of the loan. The common reserve fund is required to be paid normally and has been paid continuously 12 months.
Extended information:
1. Definition of commercial loan:
Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. Generally, they are short-term loans, usually 9 months, up to one year, but there are also a few medium-and long-term loans. Such loans are the main part of commercial bank loans, generally accounting for more than one-third of the total loans.
2. The definition of provident fund loans:
Provident fund loan refers to individual housing provident fund loan, which is a mortgage loan issued by local housing provident fund management centers to housing provident fund depositors who purchase, build, renovate and overhaul their own houses and retired employees who pay housing provident fund during their employment. According to the regulations, employees who have paid the housing provident fund for a certain number of years or more (different years in different cities, such as Changsha1February or above) can apply for provident fund loans when the funds are insufficient to purchase and build houses, renovate or overhaul their own houses.
3 provident fund loan conditions:
(1) Only employees who have participated in the housing provident fund system are eligible to apply for housing provident fund loans. Employees who have not participated in the housing provident fund system cannot apply for housing provident fund loans.
(2) To participate in the housing provident fund system, individuals applying for housing provident fund loans must also meet the following conditions: they must continuously deposit housing provident fund for at least 6 months before applying for loans. 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 spouse has applied for a housing provident fund loan, and neither spouse 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 housing provident fund loans, the loan applicant must have stable income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of housing provident fund loans. When employees have other debts, it is risky to give housing provident fund loans, which violates the principle of safe operation of housing provident fund.
(5) The longest term of provident fund loans shall not exceed 30 years. For portfolio loans, the loan term of provident fund loans and commercial housing loans must be the same.