The reporter learned from the Taiyuan Housing Provident Fund Management Center that Taiyuan has added the business of "partially repaying commercial bank loans", that is, "partially transferring business to the public". As long as the loan bank signs a contract with the provident fund center, it can handle this business.

"Part of the business is transferred to the public" refers to the loan type that the borrower can apply to use the housing provident fund loan to partially repay the commercial loan when the personal loan amount of the housing provident fund is insufficient to fully settle the commercial personal housing loan (hereinafter referred to as "commercial loan"). Commercial loan customers of commercial banks that have signed cooperation agreements with Taiyuan Housing Provident Fund Management Center may apply for "transferring part of their business to public" business.

It is understood that the filing materials, guarantee methods and handling procedures for applying for "part-business-to-business" business should meet the requirements of business-to-business loans, and the loan term should not exceed the original commercial loan term. Apply for individual housing provident fund loans and commercial loan portfolio loans. Housing provident fund loans and commercial loans can be issued separately after the guarantee procedures are completed, and the repayment date is determined separately according to the relevant provisions of the provident fund center and commercial banks.

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

First of all, answer directly.

Commercial loans to provident fund loans need to meet the following conditions.

Second, the specific analysis

1. Mortgage is a pure commercial loan.

When the mortgage is converted into a provident fund loan, the required mortgage is a pure commercial loan, not a portfolio loan, and the portfolio loan cannot handle the business of converting business to public.

2. The status of the provident fund account is normal.

When the applicant is transferred to the public, the status of the provident fund account cannot be sealed, and it must be in a normal deposit state.

Therefore, when planning to transfer to provident fund loans, we must pay attention to the fact that the payment of provident fund cannot be interrupted, otherwise the provident fund account will be sealed, which will affect the handling of the transfer business.

3. The continuous payment period meets the requirements.

The continuous payment period of provident fund should meet the requirements, and the provisions of this standard may be different in different regions. Some regions will require continuous payment of 12 months or more, subject to the notice of the local provident fund center.

4. The balance of the provident fund account is sufficient.

When the applicant transfers to the public sector, it is necessary to convert all the commercial loans into provident fund loans, not just part of them, so it is required to apply for enough provident fund loans, so the balance of the provident fund account should be sufficient to apply for enough provident fund loans.

Generally speaking, the loan amount of the provident fund is 10 to 20 times the balance of the provident fund account, which can be simply estimated, but it is still subject to the notice of the provident fund center.

5. There is no provident fund loan under the name.

The provident fund center will require that there cannot be multiple outstanding provident fund loans in its name. Therefore, before the applicant turns to the public, you can check the mortgage situation under your own name and don't apply for provident fund loans repeatedly.

6. The number of loans did not exceed the limit.

The number of provident fund loans is limited, generally speaking, it cannot exceed two times. If you have used provident fund loans twice before, you will be directly rejected by the provident fund center if you go to the applicant to transfer to the public.

7. The comprehensive qualification meets the requirements.

In fact, the applicant is re-applying for a mortgage in the provident fund center, so many aspects such as credit reporting, income flow and income proof need to meet the requirements, otherwise it will be directly refused by the provident fund center.

Pay special attention to credit reports here. There is no way to actively solve the stain on the credit report, so we can only wait for the system to automatically cover it. So before handling this business, you need to check your credit report to make sure there is no problem.

8. With the consent of the commercial bank.

It is necessary to settle the commercial loan in advance before handling the business of changing from commercial to public, which will affect the interests of banks to a certain extent. Therefore, some banks will have some restrictions when handling the business of transferring business from commercial to public, such as requiring normal repayment of commercial loans within one year.

9. There is no record of overdue mortgage.

If there is overdue behavior in the process of repaying commercial loans, it will be reflected in the credit report, and at the same time, it will also make the provident fund center have many concerns, which will affect the handling of the transfer business.

10. Property certificate has been processed.

Whether it is a new house or a second-hand house, you must have a real estate license in hand to handle business transfer. If you don't have a real estate license, you can't do business transfer. For some houses with property disputes, the provident fund center will also refuse loan applications.

It can be seen that there are many conditions that need to be met in the business of transferring commercial loans to provident fund loans. In order to successfully complete the business, you can consult first and prepare relevant materials as required.

Online loan big data can reflect the real situation of online loans. If there are too many loans, it is recommended to know your credit data well. Search: A quick search by Bejian can generate a big data report. Although there are differences between the two, in order to avoid personal inability to repay bad debts, bank loans will also pay attention to the credit situation of big data. Bad credit will affect many rights.

3. Can I apply for a loan after the provident fund has been paid for one year continuously?

You can apply for provident fund loans without interruption after paying the provident fund for one year. Under normal circumstances, when applying for a loan, the provident fund center will require the lender to pay the provident fund for six months continuously in the local area, and the status of the provident fund account is normal. Paying the provident fund for one year in a row has already met this condition.

However, whether the application can be successful depends on the audit results.

When applying for a provident fund loan, in addition to the requirements of continuous payment of the provident fund and the normal state of the provident fund, the provident fund center will also conduct a detailed inspection of the lender's credit information and work income information, and apply for a provident fund loan only if it meets the conditions.

Of course, how much the lender can apply for depends on how much money is in the personal provident fund account and also depends on the provident fund loan policies in various places. In some areas, you can apply for more loans if you give more multiples.

If you want to apply for a provident fund loan to buy a house in the future and want to apply for more loan quotas, it is best not to easily withdraw funds from your provident fund account.

What if Hebei province can't turn from business to public?

Customer's credit information is good. If the customer's credit report is tainted, the provident fund center will have many concerns when the applicant transfers to the public.

2. The customer has repaid the commercial loan normally 1 year. To a certain extent, early settlement of commercial loans will harm the interests of commercial banks, so some banks will require customers to repay commercial loans normally 1 year before they can handle the business-to-public transfer.

3. The status of the provident fund account is normal. Since it is to be converted into a provident fund loan, the status of the natural provident fund account cannot be abnormal.

4. There can be no outstanding provident fund loans in the name. The provident fund center will stipulate that customers cannot have multiple outstanding provident fund loans at the same time.

5. Customers can apply for enough provident fund loans. When the applicant turns to the public, the customer must turn all the commercial loans into provident fund loans at one time, not just a part of them, so the customer needs to be able to apply for enough provident fund loans.

6. Customers can't apply for provident fund for more than 2 times. The Provident Fund Center will limit the number of times customers use provident fund loans, and the business of transferring to public service can also be regarded as provident fund loans. If the customer's overall provident fund loans are more than two times, the business of transferring to the public will also fail.

How to calculate the interest of mortgage business? Can business only be partially transferred to the public?

If the mortgage is converted from a commercial loan to a provident fund loan, the interest rate shall be implemented according to the benchmark interest rate of the central bank loan. Since the commercial loan interest rate is generally higher than the provident fund loan interest rate, the interest rate will naturally decrease afterwards.

Of course, if the repayment method has not changed, the original calculation formula will not change (it will only be recalculated according to the new loan amount and loan interest rate). For example, the matching principal and interest is: monthly repayment amount (principal+interest) = [loan principal× monthly interest rate× (1+monthly interest rate )× repayment months ]⊙[( 1+ monthly interest rate )× repayment months].

Business-to-business cannot only convert part of the loan. When the applicant transfers to the public sector, it must be converted into a pure provident fund loan. If the lender's provident fund loan amount is not enough, either repay the part that cannot be covered by the provident fund loan in advance, or apply for conversion when the provident fund loan can meet the demand.

Compared with commercial loans, the interest rate of provident fund loans has many advantages. If the lender's conditions permit, converting the loan into a provident fund loan can really save a lot of loan interest, which will be more cost-effective.