2. More than 30% of the total amount of the purchased house is used as the down payment (the down payment ratio is implemented according to the standards of the first set and the second set, and generally calculated according to the down payment ratio of 30% of the first suite).

3, have a stable job, can provide proof of income stamped by the work unit and the bank's running water in the past six months (the monthly income is more than twice the monthly payment).

4. Good credit, three consecutive overdue times accumulated six times, and the bank refused to lend.

What conditions do commercial loans need to be converted into provident fund loans?

1. In recent years, the policy of provident fund loans has been gradually reduced. Every city has certain requirements for property buyers' provident fund loans, especially when commercial loans are converted into provident fund loans, they must meet the requirements of local provident fund loans. As the loan requirements of each city are different, it is suggested that the applicant can go to the local department to inquire about the specific requirements.

Commercial loans are all issued by banks. If you want to change commercial loans into provident fund loans, banks that issue commercial loans will charge less interest. If you decide to change commercial loans into provident fund loans, you must communicate with banks in advance and seek their cooperation.

3. If the applicant wants to convert a commercial loan into a provident fund loan, the premise is that the applicant has obtained the property right certificate of the house and the applicant needs to mortgage the property right certificate of the house.

4. In addition to the above application conditions, the applicant must also issue a certificate of income and a certificate of payment of provident fund. After all relevant procedures and documents are ready, he can submit an application to the local authorities. Whether it can pass depends on the local audit.

What is the process of buying a house with a commercial loan?

1, handle the interview

In fact, the process of face-to-face signing is the process of collecting the information and spare parts needed by buyers and sellers to handle loans, and it is also the process of signing loan contracts. When signing a loan contract, we should pay attention to clearly fill in the loan amount, loan term, repayment method and discount interest rate. According to the different situations of the handlers, the required spare parts are different, but the commonly used documents are ID card, household registration book, real estate license, marriage certificate, bank flow and online contract signing. Other spare parts are prepared according to the requirements of the bank and its own situation.

2. Submit the evaluation report to the bank

In the online signing contract provided to the bank at the time of face-to-face signing, there is a column of online signing price, and the housing appraisal price involves transfer taxes. The general appraisal firm will give the final loan appraisal price according to the online signing price and the actual situation of the house, and the appraisal price shall not exceed the actual transaction price of the house. The appraisal report is issued by an appraisal firm recognized by the bank. Some need to inspect the house on the spot, and some need real photos of the house for appraisal.

3. Bank approval

Banks will examine the authenticity of documents provided by buyers and sellers, and some banks will also verify whether the bank flow provided by buyers is true. Banks will control according to their respective loan quotas. If the bank's loan amount is small, it will be relatively difficult to approve it. Relatively speaking, the loan approval speed in the first half of each year is faster than that in the second half.

4. Approve qualified loans

After the loan is approved, the bank will give a notice, and the transfer can be processed within 2 working days.

5. Lend money after transfer

You can get other warrants such as real estate license within 5- 10 working days after the transfer, and the bank will take away the other warrants on the day of obtaining the certificate, and you can lend money within 5- 10 working days. About one month after the loan is issued, the buyer goes to the bank that handles the loan to get back the mortgage contract and repay it on time according to the repayment plan in the contract.