Portfolio loans can pay off commercial loans in advance, but portfolio loans involve two institutions, so borrowers can selectively repay any kind of loans. However, different cities have different regulations on this, and some cities have clear regulations on the repayment method of portfolio loans. For example, it is stipulated that the prepayment amount of provident fund loans and commercial loans should maintain a certain proportion, and not only one of them can be repaid. If so, it is impossible to repay the commercial loan in advance.

What is a portfolio loan?

Portfolio loan is a combination of commercial loan and provident fund loan. Refers to the borrower who meets the conditions of individual housing commercial loans and pays the housing provident fund at the same time. When handling personal housing commercial loans, you can also apply for personal housing provident fund loans, that is, borrowers can use their own urban self-occupied housing (or other guarantee methods recognized by banks) as collateral, and at the same time apply for personal housing provident fund loans and personal housing commercial loans from banks. In a word, I applied for a commercial loan as well as a provident fund loan.