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, real estate appraisal certificate, repayment bank card and other materials, contact the original commercial loan bank, and tell us that "business-to-business" is needed, 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.

When we check the credit information and repay the loan, the bank will sign a contract with you, not only with the bank that handles the commercial loan, 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 provident fund loans?

I. Conditions for Converting Commercial Loans into Provident Fund Loans

1. When the borrower applies for a loan at the place where the provident fund loan is applied, the provident fund is in a normal deposit state;

2, the applicant or * * * and the applicant's unit in accordance with the provisions for the borrower to pay housing provident fund for more than a month;

3. The applicant has a stable economic income and the ability to repay the loan.

4. The applicant agrees to provide the approved loan guarantee method;

5. The applicant and * * * together with the applicant, including the spouse, have no outstanding loans or other debts except the loan transferred to the provident fund;

6. The "Property Ownership Certificate" or "Housing Advance Notice Registration Certificate" involving provident fund loans in commercial loans has been completed and mortgage registration procedures can be handled;

7. The normal repayment period of commercial loans is more than years and there is no record of overdue repayment;

8. Portfolio loans cannot be converted from commercial loans to provident fund loans;

9, commercial loans to provident fund loans can only apply for pure provident fund loans.

Two, commercial loans to provident fund loans need information:

1, ID card of the borrower's couple; Provident fund card; Household registration book; Marriage certificate (the borrower provides a single household registration book, and I am present to sign the commitment letter on marital status);

2, the purchase contract or purchase (construction, renovation, overhaul) of the housing ownership certificate or the construction planning department approved the construction (renovation, overhaul) documents;

3. Payment invoice (deed tax invoice is required for second-hand houses); Commercial loan contract, loan balance certificate of commercial bank (bank seal and check loan account number), repayment record of commercial bank (bank seal);

4, mortgage (pledge) and other related materials; (For details of collateral, please consult the housing provident fund service hotline12329);

5. Other materials required by the Provident Fund Center.

Note: All the above materials are original.

Three, commercial loans to provident fund loans for the process

1. The borrower applies for submission of materials. The borrower submits relevant application materials to the counter of the provident fund center for handling;

2, provident fund center for approval;

3. Sign a contract and go through the corresponding mortgage procedures.

4. transfer money.

Conditions for converting commercial loans into provident fund loans

I. Conditions for Converting Commercial Loans into Provident Fund Loans

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.

Can China Bank's commercial loan be converted into provident fund loan?

China Bank commercial loans to provident fund loans are only provided in a few areas, specifically according to the requirements of local provident fund centers. The loan bank can remain unchanged, or it can be transferred to the designated bank for provident fund loans, subject to the requirements of the local provident fund center. It is recommended to consult the local provident fund center or specific BOC handling outlets in detail.

The above contents are for your reference. Please refer to the actual business regulations.

How to transfer commercial loans to provident fund loans?

Operating Steps of Converting Commercial Loan to Housing Provident Fund Loan: 1. Individuals who meet the conditions of housing provident fund loans can choose from three ways. 2. The customer can first settle the original bank loan through self-raised funds and cancel the mortgage of the original property. After re-mortgage, the provident fund center will lend the money to the customer's deposit account. 3. The customer pays the deposit and uses a house of himself or his spouse or immediate family as collateral. Provident fund center can lend money to customers, and customers will refund the deposit after paying off the original loan.

"Regulations on the Management of Housing Provident Fund" Article 24 Employees may withdraw the balance of the housing provident fund account under any of the following circumstances: (1) purchasing, building, renovating or overhauling their own houses; (2) retirement; (three) completely lose the ability to work, and terminate the labor relationship with the unit; (4) Having left the country to settle down; (5) Repaying the principal and interest of the house purchase loan; (six) the rent exceeds the prescribed proportion of family wage income.

There are a thousand hamlets in a thousand people. In any case, there are no two identical leaves in the world. Everyone has different views and opinions, and everyone will have different criteria for judging the same thing. My answer may not be the most standard and correct, but I also hope to give you some help and get your approval. Thank you!