Yes, if the loan has not come down, you can apply for reducing the loan amount. If the loan has come down, you can apply for early repayment, repay part of the loan amount and reduce the loan principal.

Prepayment process:

1. The process of repaying the loan principal in advance is as follows:

2. Call the loan bank to ask for repayment of the loan principal in advance;

3. After the bank agrees, bring your ID card, loan contract, repayment card, property certificate or purchase contract to the branch designated by the bank;

4. Give the information to the staff at the advance payment window, and you will get a list to handle at the bank counter;

5. deposit the money in the repayment card at the bank counter, and the bank will automatically deduct it. After the deduction, the borrower will be given a debit note;

6. The lender will hand over the deduction documents to the staff in the repayment window, and the bank will give the lender a proof of settlement;

7. After that, the bank staff will take away his rights and go to the Housing Authority with the lender to cancel his rights;

8. After the cancellation of his other rights, the house is a full house with no debt problem;

9. End of advance payment.