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 the unit where the applicant works has paid the housing accumulation fund for the borrower for at least months according to regulations;
3. The applicant has a stable economic income and the ability to repay the loan;
4. The applicant agrees to provide an 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 applied for transferring to the provident fund;
6. The House Ownership Certificate or House Advance Notice Registration Certificate involved in the transfer of commercial loans to provident fund loans has been issued and the mortgage registration formalities 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. Only pure provident fund loans can be applied for when commercial loans are converted into provident fund loans;
how to transfer commercial loans to provident fund loans?
1. Consultation acceptance. If the loan-to-lending applicant consults with the original commercial lending bank and meets the conditions for lending, the bank staff shall instruct the borrower to fill in the Personal Housing Provident Fund Lending Folder correctly and completely.
2. Submit information. Submit the relevant information stipulated by the lending institution.
3. loan acceptance. For eligible borrowers, the entrusted bank conducts a pre-loan trial in the provident fund system, and determines the loan amount, term, interest rate and repayment method through consultation with the borrowers according to the trial results and repayment ability; The entrusted bank conducts a preliminary examination in the provident fund system. If the preliminary examination fails, it shall promptly notify the borrower and tell the reason.
4. sign a contract. The loan applicant signed a loan (mortgage) contract with the original commercial loan bank, and signed a guarantee contract with the guarantee company designated by the management under the guidance of the bank.
5. Pre-deposited funds. The loan applicant will deposit the difference between the original commercial loan balance and the reloan into the special deposit account opened by the reloan bank with its own funds to settle the original commercial loan in advance.
6. Loan issuance. Manage the issuance of loan funds, and the lending bank informs the lending borrower to settle the original commercial loan at the same time with the provident fund loan funds and the pre-stored funds of the borrower.
Legal basis
Regulations on the Management of Housing Provident Fund
Article 26 Employees who have paid housing provident fund may apply for housing provident fund loans from the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.
the housing provident fund management center shall, within 15 days from the date of accepting the application, make a decision on granting or not granting the loan, and notify the applicant; If the loan is granted, the entrusted bank shall go through the loan formalities.
the risk of housing provident fund loans shall be borne by the housing provident fund management center.
Article 27 An applicant who applies for a housing provident fund loan shall provide a guarantee.