Conditions and procedures for converting Dalian commercial loans to provident fund loans

Converting housing provident fund loans (referred to as commercial-to-public loans) refers to borrowers who have processed commercial loans (or combination loans) Apply to convert the original commercial loan (or part of the commercial loan) into a personal housing provident fund loan. There are 4 processing modes for converting business to public in Dalian. Before processing, relevant conditions need to be met.

The annual interest rate of provident fund loans for 6-30 years is 3.25%, which is 33.67% lower than the benchmark interest rate of commercial housing loans (4.9%) during the same period. Since Dalian innovatively launched the housing provident fund loan business in 2009, in order to enable the majority of depositing employees to enjoy more low-interest rate concessions on provident fund loans, it has successively launched four business-to-public loan processing models to meet the needs of various business-to-public loans. loan demand.

Converting a housing provident fund loan (referred to as a commercial-to-public loan) means that a borrower who has already applied for a commercial loan (or combination loan) applies to convert the original commercial loan (or commercial loan part) into a personal housing provident fund loan. There are 4 processing modes for converting business to public in Dalian. Before processing, relevant conditions need to be met.

1. Introduction to the four processing modes of business-to-public transfer

1. Debt first and loan later

It means that the borrower uses his own, private-owned or The property owned by a third party (the property ownership certificate has been issued) is used as a mortgage guarantee. After approval by the center, a personal housing provident fund loan will be issued to repay the original commercial loan (the original loan must be a purely commercial loan).

2. Repay first and then borrow

means that after the borrower’s self-raised funds have been reviewed and approved by the center to pay off the original commercial loan and release the mortgage, it will be used to mortgage the original commercial loan The houses are used as mortgage guarantees for business-to-public loans, and individual housing provident fund loans are issued after approval by the center.

3. Sequential mortgage

means that if the borrower does not pay off the commercial loan and the mortgagee is still a commercial bank, the bank agrees that the sequential increase center will be The second mortgagee of the house, according to which the center issues housing provident fund loans to repay the borrower's commercial loan, and releases the original commercial loan mortgage after repayment.

4. Phased guarantee

It means that the borrower applies for a phased guarantee from a qualified guarantee company selected by the center through bidding, and after approval by the center, the housing provident fund loan is issued. It is used to repay the original commercial loan and release the commercial loan mortgage, and then set the center as the mortgagee of the house.

2. What conditions must be met for a business-to-public loan?

In addition to meeting the general conditions for provident fund loans, employees paying deposits for business-to-public loans also need to meet the following conditions

① The property ownership certificate of the house purchased with the loan has been obtained.

②The original commercial loan bank agreed to repay the entire loan in advance.

③If the re-loan amount is not enough to repay the original commercial loan, the borrower must also have sufficient funds to repay the original commercial loan.

④ In addition to the general requirements, the loan limit shall not exceed the balance of the original commercial loan, nor shall it exceed 60% of the lower of the original purchase price of the house, the appraised value of the house, and the appraised value of the mortgaged house.

⑤ In addition to the general requirements, the sum of the loan period and the age of the house must be less than 40 years.

3. Process

① The borrower should first confirm that the property ownership certificate of the house purchased with the loan has been issued, and the commercial bank agrees to handle all repayments in advance.

②Choose a suitable business-to-public loan processing model based on the situation of your own funds and available collateral.

③Evaluate the collateral provided (assessment is not required for portfolio loans).

④ Go to the provident fund center office to apply for a business-to-public loan.

⑤Process business-to-public loans according to the chosen processing method.

What are the requirements for converting Dalian commercial loans to provident fund loans?

Application conditions for converting Dalian commercial loans to provident fund loans:

1. The borrower must have a minimum of 180 to open a personal provident fund account. days, and counting forward from the time of loan application, the housing provident fund must be paid continuously on time and in full for more than 6 months.

2. The original lending bank agreed to repay the entire loan in advance.

3. The borrower has no provident fund loan that is being repaid, the borrower and his spouse have good credit, and no more than two housing loans are being repaid (conversion of a combination loan to a provident fund loan is not subject to this restriction).

4. The property ownership certificate for the house purchased with a commercial loan has been issued.

5. Those who choose to repay first and then borrow will have self-owned, privately owned or third-party owned housing as mortgage guarantee; those who choose to repay first and then borrow will have self-raised funds to repay the business. loan balance.

6. Only pure provident fund loans can be applied for when converting provident fund loans.

7. The home buyer and mortgagor must be over 18 years old.

8. Comply with other conditions stipulated in laws, regulations and rules.

Provident fund loans refer to loans enjoyed by employees who have paid housing provident funds. According to national regulations, all employees who have paid provident fund deposits can apply for provident fund loans in accordance with the relevant provisions of provident fund loans.

Employees who have paid housing provident funds for a certain period of time or more in accordance with regulations (the period is different in each city, such as Changsha is more than 12 months) can apply if they have insufficient funds to purchase, build, renovate, or overhaul their own houses. Provident Fund Loans.

Provident fund loans refer to personal housing provident loans. They are local housing provident fund management centers. They use the housing provident funds paid by employees who apply for provident fund loans to entrust commercial banks to purchase, build, renovate, and overhaul self-occupied housing. House mortgage loans issued to housing provident fund depositors and retired employees who paid housing provident funds during their employment.

The conditions for the loan are: the unit’s current employees sign a labor contract for more than 3 years (or sign a 1-year labor contract for 3 consecutive years); pay the housing provident fund normally and continuously on a monthly basis for more than a certain period; do not exceed the legal limit Retirement age; the borrower has stable economic income and the ability to repay principal and interest; the borrower agrees to handle housing mortgage registration and insurance; provides a guarantee method agreed by the local housing fund management center and its branch center; and submits relevant documents required by the bank.

Loan conditions

1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans. Employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans.

2. Those who participate in the housing provident fund system must also meet the following conditions when applying for a housing provident fund personal home purchase loan: that is, they must have continuously paid and deposited housing provident fund for no less than six months before applying for a loan.

3. If one spouse applies for a housing provident fund loan, neither spouse will be able to obtain a housing provident fund loan again before the spouse repays the principal and interest of the loan. Because housing provident fund loans are financial support provided to meet the basic housing needs of employee families, and are a type of "housing security" financial support.

4. When a loan applicant applies for a housing provident fund loan, in addition to having a relatively stable economic income and the ability to repay the loan, the loan applicant must not have a large amount that has not yet been paid off, which may affect the repayment of the housing provident fund loan. capacity for other debts. When employees are burdened with other debts, granting housing provident fund loans is very risky and violates the principle of safe operation of housing provident funds.

5. The maximum term of provident fund loans shall not exceed 30 years. When applying for a portfolio loan, the loan terms of the provident fund loan and the commercial housing loan must be consistent.

What are the conditions for converting Dalian commercial loans to provident fund loans? How to apply?

Many home buyers cannot apply for provident fund loans for some reasons, so they choose commercial loans in desperation, but commercial loans are It can be converted into a provident fund loan, but certain conditions need to be met. Of course, there may be certain differences in the conditions in various regions. So what are the conditions for Dalian commercial loans to be converted into provident fund loans? Let’s take a look.

1. The borrower must open a personal housing provident fund account for 180 days, and extrapolate forward from the date of application for a provident fund loan, and pay the housing provident fund on time, in full, and continuously for more than 6 months.

2. The original lending bank agreed to repay the entire loan in advance.

3. The borrower has no provident fund loan that is being repaid, the borrower and his spouse have good credit, and no more than two housing loans are being repaid.

4. The property ownership certificate of the house purchased by the original commercial loan has been issued.

5. Those who choose to repay first and then borrow will have self-owned, privately owned or third-party owned housing as mortgage guarantee; those who choose to repay first and then borrow will have self-raised funds to repay the business. loan balance; if you choose sequential mortgage, the real estate registration management department in the area where the house belongs can handle the transfer to provident fund loan in this way, and the original commercial loan bank has signed the "Sequential Mortgage Cooperation Agreement for Transferred Housing Provident Fund Loan" with the Provident Fund Center; choose Bear the guarantee fee for periodic guarantee. 6. To convert a provident fund loan, you can only apply for a pure provident fund loan.

7. Business-to-public loans can be handled in the form of "pay first and then loan", "pay first and then loan", "sequential mortgage" or "staged guarantee".

8. Borrowers, home buyers, and mortgagors (including spouses) should have full civil capacity.

9. Comply with other conditions stipulated in laws, regulations and rules.

Note: If the borrower’s unit has been in arrears with the housing provident fund for more than 65 days (including 65 days), the loan will not be granted.

Process of converting commercial loan to provident fund loan

(1) Consultation acceptance

The borrower needs to consult with the original commercial loan bank to see whether he meets the conditions for refinancing; If the conditions for refinancing are met, bank staff will guide the borrower to correctly fill in the "Personal Housing Provident Fund Refinancing Folder".

(2) Submit information

Submit the relevant information on the loan to the staff for review.

(3) Loan acceptance

The trustee bank interviews the borrower, reviews its application materials, inquires and prints the "Personal Credit Report" of the borrower and his spouse, and reviews both spouses Personal credit situation, mortgage situation, and "family housing information inquiry". For eligible borrowers, the entrusted bank will conduct a pre-loan trial calculation in the provident fund system, and based on the trial calculation results and loan repayment ability, negotiate with the borrower to determine the loan amount, term, interest rate and repayment method. At the same time, the trustee bank will conduct a preliminary review in the provident fund system. If the preliminary review fails, the borrower will be notified in a timely manner and the reasons will be informed.

(4) Sign a contract

The borrower signs a loan (mortgage) contract with the original commercial loan bank, and at the same time signs a guarantee contract with the guarantee company designated by the management.

(5) Pre-deposited funds

The borrower will use his own funds to deposit the difference between the balance of the original commercial loan and the re-loan into a special deposit account opened by the re-loan bank. To settle the original commercial loan in advance.

(6) Loan disbursement

Manage the disbursement of loan funds and settle the original commercial loan at the same time.

(7) Apply for mortgage

The guarantee company will handle the cancellation procedures for the original commercial loan property mortgage, and complete the registration procedures for transferring the provident fund loan mortgage.

Can provident funds be withdrawn when buying a house with a commercial loan in Dalian? What are the precautions?

There are many ways to buy a house. You can buy a house with full payment, or you can buy a house with a loan. You can buy a house with a loan. It is divided into commercial loan to buy a house and provident fund loan to buy a house. If a house buyer applies for a commercial loan to buy a house, can the house buyer apply to withdraw the provident fund for the mortgage and interest generated by the commercial loan to buy a house? Let's take a look at how Dalian City regulates it.

If you buy a house with a commercial loan in Dalian, you can withdraw the provident fund, but you need to meet legal conditions. According to regulations, employees who withdraw housing provident funds to repay the principal and interest of commercial loans for purchasing self-occupied housing must meet the following conditions:

1. Pay and deposit housing provident funds in full and on time for more than three months.

2. The house should be located within the administrative area of ??the districted city where the applicant or spouse has a household registration or actual work location; if the house is located in the place of household registration, a household registration book or other valid household registration certificate must be provided. ; If the house is located at the actual work location, relevant certification documents from the unit must be provided.

Notes on withdrawing provident funds in Dalian

1. The scope of withdrawals only refers to those who are related to the borrower and the house owner (or house purchaser) as the person, spouse or immediate family member within two generations. .

The withdrawr can provide information including but not limited to household register, birth certificate, only child certificate or a notarized certificate of direct kinship issued by a notary office as proof of direct kinship within two generations.

2. When the spouse of a commercial loan borrower applies to withdraw the provident fund, he or she needs to check the borrower's personal credit information. However, if the borrower is not present, the withdrawer must authorize his or her agent to check the credit information. Authorization Letter", the extractor can sign the "Personal Credit Information Inquiry and Use Authorization Letter". The "Power of Attorney" must contain the words "Authorize a certain agent to inquire about my personal credit information." The power of attorney does not need to be notarized, but it should have key elements such as the principal's signature, fingerprints, and the entrustment period.

3. There is a non-marital relationship between the main borrower of the commercial loan (the first borrower) and *** and the borrower, and *** and the borrower apply to withdraw the provident fund (including *** and the borrower) When a spouse applies to withdraw provident fund) and it is necessary to inquire about the personal credit information of the main borrower of a commercial loan, the main borrower must be present to sign the "Personal Credit Information Inquiry and Use Authorization Form", and the ***, the borrower or other persons shall not sign on behalf of the borrower. .

4. If the commercial loan borrower and the provident fund withdrawr were originally husband and wife, but the two parties have now divorced, and the commercial loan is judged to belong to the withdrawr, and the borrower in the commercial loan contract has not changed, the withdrawr shall be regarded as When applying to withdraw provident funds and need to inquire about the personal credit information of the original borrower of a commercial loan, the following two methods can be adopted: First, the original borrower is required to be present to sign the "Authorization Form for Inquiry and Use of Personal Credit Information", and the withdrawr is not allowed to sign on his behalf; second, The commercial bank changes the borrower of the commercial loan contract to the drawee, uploads the relevant data to the credit reporting system, and then queries the credit information of the drawee.

5. If the main borrower of a commercial loan dies and his or her spouse or *** applies to withdraw provident fund with the borrower, and it is necessary to inquire about the personal credit information of the main borrower of the commercial loan, the withdrawal agent can sign the " "Personal Credit Information Inquiry and Use Authorization Letter", but a copy of the death certificate of the main borrower, a certificate of account cancellation and other relevant procedures that can prove the death of the main borrower should be provided.

6. For employees whose housing provident fund loan principal and interest have not been repaid in full, their housing provident fund should be used first to repay the housing provident fund loan principal and interest; if there are other provisions in the housing provident fund loan contract of the Provident Fund Center, such provisions shall prevail. Employees who have overdue repayment of the principal and interest of the housing provident fund loan can withdraw the housing provident fund by transfer to repay the principal and interest of the housing provident fund loan. They are not allowed to withdraw the housing provident fund in cash or transfer the housing provident fund to other cities.

7. To repay the principal and interest of commercial loans for dual-use houses or non-owner-occupied houses, the housing provident fund shall not be withdrawn.

8. After review by the provident fund center office (business outlet), if it is believed that the relevant materials and supporting documents provided by the employees or the purpose of their application for withdrawing funds need to be extended for review, the office (business outlets) may require the employees to Relevant personnel should cooperate when supplementing materials or reviewing them through interviews, on-site re-examination or verification with relevant departments; if relevant personnel refuse to cooperate or the application materials cannot be verified, the office (business outlet) may make a decision not to allow extraction.

9. The specific withdrawal amount shall be subject to actual review by the front desk of the office (business outlet).

After a loan applicant applies for a commercial loan, if he wants to withdraw provident funds to repay the mortgage and interest generated by the commercial loan, he must first meet the legal requirements, and then prepare relevant materials and apply according to the legal process. There are also some things worth paying attention to. Take it seriously.

Are there any agents for Dalian commercial provident fund loans?

If you have a friend or company with a human resources agent or any questions related to human resources, please feel free to consult us.

Agency for talent dispatch and labor dispatch such as insurance payment, insurance back-payment, provident fund payment, provident fund back-payment, household registration transfer, file transfer, file storage, household registration management, collective household management, acceptance of fresh graduates, etc. : One of the most professional dispatch companies in China. Its services include signing labor contracts with employees, calculating salary expenses, making standardized salary tables, issuing wages on behalf of employees, and withholding and paying personal income tax on wages; social insurance, migrant workers insurance and provident fund The remittance (back-up) payment, employment registration and other related procedures are completed; employees who meet the conditions for provident fund loans and transfer to provident fund loans can apply for transfer to provident fund loans.

Processing procedures for business-to-public loans: (1) Acceptance: The borrower fills out the "Personal Housing to Provident Fund Loan Application Form", and the borrower and his spouse authorize the center to check the credit information. After approval by the center, the household registration book, ID card, marriage status certificate, house ownership certificate, real estate appraisal report, original commercial loan contract, and bank seal of the borrower and his spouse, the mortgagor and his spouse will be submitted to the acceptance office. Repayment balance details and other materials and copies; the center will return the original documents after review and keep the copies. The materials required for mortgage registration procedures shall be provided in accordance with the requirements of the real estate management department.

(2) Approval: After the center reviews the loan application materials and completes them, it will determine the amount and term of the loan transferred to provident fund. The borrower pays stamp duty on the loan contract, agency fees (need to be paid when voluntarily choosing an agency to handle the mortgage) and other related fees. The center signs a "Personal Housing Mortgage Loan Contract" with the borrower and mortgagor.

(3) Mortgage registration: The borrower (or agency) shall go to the real estate management department to handle the mortgage registration procedures with the relevant mortgage registration documents for the property owned by itself, the third party or a third party. , and transfer other warrants to the center for safekeeping.

(4) Loan: After the center receives and verifies other warrants, it entrusts the bank to transfer the provident fund loan funds to the borrower's personal bank settlement account by transfer.

Agency: Settling in Dalian, attracting and settling talents, settling in couples, buying a house and settling in. Agency payment: _Social insurance_Provide fund, pension insurance, medical insurance, maternity insurance Agency payment: _Agency salary calculation_Withholding for individuals Income tax agency:_Registration of graduates_Reassigned and returned overseas students_Introduction of talents from other places_Professional title evaluation_Physical examination and other supplementary medical insurance consultation:_Labor Contract Law_Personnel related policy agency:_Labor department_Relevant annual inspections and other procedures