No need. To convert a commercial loan into a provident fund loan, the borrower shall meet the following seven conditions:

1. Meet the application conditions for housing provident fund loans in this Municipality;

2. The borrower must be the borrower or spouse of the original housing loan (required by the buyer);

3. The original commercial housing loan has not been settled, and the bank agrees that the borrower will settle the loan in advance;

4. The original commercial housing loan has been repaid for more than one year (inclusive), with a good credit record and no overdue loan balance;

5. The purchased property has obtained the real estate license issued by the local real estate registration department, and it has a steel-concrete structure;

6. Commercial loans that can be mortgaged for the purchased real estate can be converted into provident fund loans;

7. Did not apply for housing provident fund loans.

Materials required for the conditions of transferring commercial loans to provident fund loans (all materials must be original):

1. Original house purchase contract;

2. The original purchase invoice issued by the tax department;

3. Original property certificate and land certificate;

4. The original ID cards of both husband and wife (valid for more than one year);

5. Original marriage certificate or single certificate (the single certificate is stamped with the official seal of the unit);

6. Original residence booklet;

7. Original bank settlement voucher and repayment voucher;

8. Original loan contract signed with the bank.

2. Jinhua housing loan 15 can be repaid by two people, and then 15 can be repaid by one person?

There are two ways to solve your current problem: 1. The house is written in the name of you and your father to make a portfolio loan, and the loan is made in the name of your father. This combination can only discuss that you can repay the principal in one lump sum after one year of loan, which can reduce the repayment interest. 2. Loan in your name. If you have a provident fund, you can also make a provident fund loan. If there is no provident fund, it can only be returned to the Shang Dynasty every month. Advantages of this method: it can extend the loan period, and now the monthly repayment amount is small; Disadvantages: The interest on commercial loans is high, if it is 250,000 yuan, but it may cost 50 yuan to 100 yuan per month. But if you have the ability, you can repay in advance.

Third, portfolio loans are repaid in advance. Can I choose to repay the business loan first?

Repayment method of portfolio loan:

First, use provident fund loans to extend the loan period as much as possible.

Compared with commercial mortgage, the loan interest rate of provident fund loan is relatively low, so it is welcomed by many borrowers. If we use the housing provident fund as much as possible when applying for portfolio loans and extend the loan period, it will be of great help to reduce the loan cost.

Second, shorten the term of commercial loans.

Since the interest rate of commercial loans is higher than the interest rate of provident fund loans, borrowers should shorten the term of commercial loans as much as possible and increase the monthly repayment amount of commercial loans as much as possible (within the family's economic tolerance).

Third, withdraw the provident fund to repay the loan

If your monthly repayment structure presents a state of "less provident fund loans and more commercial loans", then after the balance of the provident fund account offsets the monthly repayment of provident fund loans, the remaining balance can offset the commercial loans, which will save a lot of money.

Fourth, prepayment.

If you want to get rid of the status of "house slave" as soon as possible, you can also choose to repay in advance, but in order to save loan interest, you should give priority to commercial loans. However, not everyone is suitable for repaying the mortgage in advance, and everyone should choose according to their actual situation.

4. Can the housing portfolio loan be repaid by commercial loan first?

Portfolio loans can pay off commercial loans in advance, but different cities have different regulations on this. Some cities have clear provisions on the repayment method of portfolio loans. For example, it is stipulated that the prepayment amount of provident fund loans and commercial loans should maintain a certain proportion, and not only one of them can be repaid. Some cities stipulate that if the balance of the provident fund loan account is used for prepayment, the provident fund must be repaid first, and the commercial loan can only be repaid after all the provident fund loans are paid off. However, if property buyers use their own funds in advance, rather than the balance of provident fund, then they can choose to repay commercial loans with higher interest rates first. Mortgage loan, also known as mortgage loan. Mortgage means that the buyer fills in the mortgage loan application form to the bank and provides legal documents such as ID card, income certificate, house sales contract and guarantee letter. The bank promises to grant loans to the buyer after passing the examination, and handle the real estate mortgage registration and notarization according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the seller's account within the time limit stipulated in the contract. Housing loan Personal housing loan refers to a loan issued by a bank to a borrower for purchasing ordinary housing for personal use. The borrower must provide a guarantee when applying for a personal housing loan. Personal housing loans mainly include entrusted loans, self-operated loans and portfolio loans. Entrusted loan Personal housing entrusted loan refers to the loan granted by banks to individuals who purchase ordinary housing with housing provident fund deposits as the source of funds according to requirements. Also known as provident fund loans. Self-operated loans Personal housing self-operated loans are loans granted to individual buyers with bank credit funds as the source. Also known as commercial personal housing loans, the loan names of banks are different. China Construction Bank is called individual housing loan, and Industrial and Commercial Bank and Agricultural Bank are called individual housing guarantee loan. Portfolio loan Personal housing portfolio loan refers to a loan issued to the same borrower from the housing provident fund deposit and credit funds for the purchase of self-occupied ordinary housing, which is a combination of personal housing entrusted loan and self-operated loan. In addition, there are housing savings loans and mortgage loans. Mortgage repayment methods: average capital, equal principal and interest, biweekly payment, etc. Loan amount: 80% of the value of the loanable property after being audited by the bank. Mortgage down payment: 30% down payment for the first home mortgage loan and 50% down payment for the second home mortgage loan. Loan life: 30 years for first-hand houses and 20 years for second-hand houses. At the same time, the loan period plus the applicant's age must not exceed 70 years old. Loan interest rate: the benchmark interest rate of the first home loan for more than five years is 6.55%, and the interest rate of the second home loan is 7.26% when the benchmark interest rate rises 1. 1 times.