1. The local housing provident fund has been paid in full and on time for six months or more, and the housing provident fund account is in a normal state of payment.
2. No provident fund loan has been made in the name or the loan has been settled (if the provident fund loan has been made twice, it cannot be made for the third time regardless of whether the loan is settled).
3. The repayment of the original commercial house purchase loan is over 1 year (inclusive), the credit record is good, and there is no overdue behavior.
4. The purchased property has obtained the house ownership certificate issued by the local real estate registration department.
5. The amount of the business-to-public loan applied for is within the maximum amount of the housing provident fund loan stipulated by the local housing provident fund management center and the balance of the original commercial housing loan.
6 only accept the borrower of the original housing loan or apply as the borrower's spouse.
7. It is only applicable to transferring pure commercial loans to provident fund loans, and portfolio loans cannot be transferred to provident fund loans.
Provident fund loans refer to loans enjoyed by employees who pay housing provident fund. According to national regulations, all employees who have paid housing provident fund can apply for individual housing provident fund loans according to the relevant provisions of provident fund loans.
20 12 some cities relaxed the conditions of provident fund loans, among which the upper limit of housing provident fund loans in 9 counties of Linyi City, Shandong Province was raised from 200,000 yuan to 300,000 yuan from June 1.
If the term of commercial loans is long and the repayment period is short, for example, only one or two years, then it is more beneficial to convert commercial loans into provident fund loans. But if it is in the late repayment period, the conversion is of little significance.
1. Although all localities have introduced the second suite purchase restriction policy, you can still buy a second suite if you meet certain conditions. In some areas, the interest rate of second-home provident fund loans has risen in different proportions. Therefore, if there is a demand for second home purchase, it is recommended that the first suite should not be converted into a provident fund loan.
2. When applying for commercial loans to provident fund loans, it is generally necessary to pay a certain fine like the original loan application bank. If the remaining repayment time is short, the expenses generated in the conversion process will be very uneconomical.