2. The amount of provident fund loans is limited, generally between 400,000 and 800,000, and the difference needs to be paid in full. This means that before you make a housing provident fund loan, you need to make up the down payment you owe. For example, the total house payment is 654.38+00,000 yuan, the down payment for commercial loans is 30%, and the loan is 700,000 yuan. However, the maximum amount of provident fund loans is 600,000 yuan, so the remaining 6,543,800 yuan needs you to pay back.
3. The original loan of the borrower is a pure commercial loan. If it is a portfolio loan, it is impossible to transfer to the provident fund business. Some cities will also require that housing commercial loans and provident fund loans must be the same bank branch. Generally speaking, only bank branches that handle provident fund loans will handle the business of converting commercial loans into provident fund loans. Similarly, if you want to convert your commercial housing loans into provident fund loans, you can only use commercial loans selected from these bank branches. Other bank branches have not yet converted commercial loans into provident fund loans.
At present, most cities do not support the use of provident fund loans to buy houses in different places, and only a few cities support the exchange of provident fund in different places. Therefore, when buying a house in a different place, buyers must know something about the local real estate policy. Don't wait until you choose a house and want to trade, only to find that you are the object of purchase restriction.
5. The applicant has a stable job and income and the ability to repay the principal and interest of the loan. For example, the original commercial loan is repaid on time, and the general bank also requires the borrower to repay the commercial loan for more than one year before applying for the transfer of provident fund loans. Pay attention to personal credit reporting. Whether using commercial loans or provident fund loans, banks attach great importance to borrowers' personal credit information. If you have a bad personal credit record, generally speaking, you are unlikely to apply for a provident fund loan.
2. Our bank will conduct a preliminary review of the application materials submitted by users for the transfer of public services. After the approval, the materials will be submitted to a local housing provident fund management center for approval (the bank will check the personal credit report of the lender and spouse, and if it meets the requirements after verification, the bank will conduct a preliminary review in the provident fund system; After the preliminary examination, the bank shall notify the sub-lender to go through the guarantee formalities with the guarantee company with relevant materials. );
3. After the approval of the housing provident fund management center, the applicant needs to go to the designated place to evaluate the housing value;
4. Submit the evaluation results of housing value to the housing provident fund management center, and the housing provident fund management center will review and determine the amount and duration of user business transfer, then go through the guarantee procedures and sign relevant contracts;
5. If the amount of the provident fund loan is lower than the balance of the original commercial loan, the borrower needs to pay the difference first, and the provident fund management center will issue the loan to settle the original commercial loan;
6. Go through the cancellation procedures of the original commercial loan mortgage registration, and then go through the mortgage procedures of the provident fund loan again.
Related questions and answers: Can commercial mortgage be converted into housing provident fund loan 1? However, some conditions need to be met. First of all, you need to meet the application conditions. The loan applicant shall be the original borrower or his spouse.
2. Then the original commercial loan needs to be repaid for more than one year, and the credit information is good, and it can only be transferred with the consent of the bank.
3. In addition, applicants who have not applied for provident fund loans before can transfer.