Commercial loans can be repaid with provident fund, and the following conditions need to be met:
1. When applying for withdrawal of provident fund for repayment, the borrower's housing provident fund will be paid normally, and there can be no suspension or postponement of payment.
2. When applying for repayment of provident fund, the borrower must repay normally for more than two months, with good credit and no overdue behavior.
3. When the borrower who withdraws the provident fund for repayment applies for repayment, the deposit amount of the housing provident fund shall be kept in the deposit account for more than 6 months.
Users can also repay by transferring commercial loans to provident fund loans. Conditions for transferring commercial loans to provident fund loans:
1. When the applicant applies for a loan, the provident fund is in a normal deposit state.
2, the applicant or * * * with the applicant's unit in accordance with the provisions for the borrower to pay housing provident fund for more than 6 months, the requirements of different regions are not uniform.
3. The applicant has a stable income and the ability to repay the loan.
4. Guarantee recognized by the lending institution can be provided.
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" of commercial loans involving provident fund loans has been completed, and mortgage registration procedures can be handled.
7. The normal repayment of commercial loans is more than 1 year, and there is no record of overdue repayment.
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Can commercial loans be repaid with provident fund?
Commercial loans can be repaid with provident fund, and the following conditions need to be met:
1. When applying for monthly withdrawal of repayment, the housing provident fund of the borrower will be paid normally, and there will be no suspension or postponement of payment.
2. When applying for monthly repayment, the borrower must repay the loan normally for more than two months, with good credit and no loans overdue record at the time of application.
3. When the main borrower (including other customers) who withdraws repayment on a monthly basis applies for repayment, the deposit amount of housing provident fund in the deposit account shall be kept for more than 6 months (including 6 months).
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Can the provident fund repay commercial loans?
Legal analysis: the provident fund is a monthly payment, which can be used to repay commercial loans. For housing mortgage loans, whether using commercial loans or provident fund loans, the ultimate goal is to buy a house. According to the purpose of the provident fund, the provident fund can be used to repay the mortgage, and there is no requirement for the way of mortgage. Provident funds are mainly generated by providing housing convenience for users. Users who pay provident fund can buy real estate through provident fund loans, and users like to buy real estate with provident fund loans. The reason why users choose provident fund is mainly because the interest rate of provident fund loans is relatively low, and the interest rate of provident fund loans is obviously lower than that of commercial loans, especially for housing mortgage loans with long term, and the final interest paid is quite different. Users can save loan interest by choosing provident fund loans, which is also the main reason for the emergence of provident fund to reduce the pressure on users to buy houses. At present, the provident fund can not only apply for provident fund loans, but also withdraw the provident fund to repay the monthly payment of commercial loans. Users can withdraw the provident fund to repay the monthly payment of commercial loans as long as they apply to the provident fund center. As long as there is a commercial loan mortgage under the user name, users can initiate provident fund withdrawal online, and users can choose to withdraw the provident fund once a month. With the approval of the Provident Fund Center, the Provident Fund Center will transfer the monthly provident fund to the designated bank account according to the agreed time, and users can use the funds to repay the monthly payment of commercial loans.
Legal basis: Regulations on the Management of Housing Provident Fund Article 2 These Regulations are applicable to the deposit, withdrawal, use, management and supervision of housing provident fund in People's Republic of China (PRC). The term "housing accumulation fund" as mentioned in these Regulations refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units and social organizations (hereinafter referred to as units) and their employees.