(1) The portfolio loan of China Agricultural Bank can be repaid in advance through commercial loans. Extended reading:

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Repayment method of portfolio loan:

1. Make full use of provident fund loans and extend the loan term as much as possible.

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

2. 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).

3. Withdraw the provident fund to repay the loan

If your monthly repayment structure is in 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.

4. Advance payment

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 to repay the mortgage in advance, and everyone should choose according to their actual situation.

2. Can the housing portfolio loan be repaid with commercial loans 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 instead of the balance of the provident fund, then they can choose to repay the commercial loans with higher interest rates first.

Mortgage loan, also known as house mortgage loan. Mortgage means that the buyer fills in an application for mortgage loan to the bank and provides legal documents such as ID card, income certificate, house sales contract and guarantee letter. The bank promises to issue loans to the buyer after passing the examination, and handle 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 loans

Personal housing loan refers to the loan issued by the bank to the borrower for the purchase of 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 issued by the bank to individuals who purchase ordinary housing as required, and the source of funds is housing provident fund deposits. Also known as provident fund loans.

Self-operated loan

Personal housing self-operated loan is a loan issued 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.

Consortium lending

Personal housing portfolio loan refers to a loan issued to the same borrower by using housing provident fund deposits and credit funds to purchase self-occupied ordinary housing, which is a combination of personal housing entrusted loans and self-operated loans. 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 loanable property value after passing the bank review.

Down payment on mortgage: 30% down payment is required 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 should not exceed 70 years old.

Loan interest rate: the benchmark interest rate for the first set of housing loans over five years is 6.55%, and the interest rate for the second set of housing loans is 1. 1 multiple of the benchmark interest rate, that is, 7.26%.

3. Can Shanghai Agricultural Bank repay the commercial loan in advance?

Hello, the prepayment method of individual housing mortgage loan of Agricultural Bank of China is as follows:

If it is necessary to repay the mortgage loan in advance, the borrower should generally submit a written application to the loan bank one month in advance, and the bank and you should negotiate and approve it. The collection standard of liquidated damages for prepayment is based on the loan contract signed between you and our bank. Both borrowers and borrowers can pay off the mortgage loan in advance in accordance with the relevant provisions of the Agricultural Bank of China and the Individual Housing Guarantee Loan Contract. The borrower shall go through the loan settlement formalities at the loan bank with valid identity documents, original (folded) repayment card of house purchase loan and individual house purchase loan guarantee contract. After all individual housing loans are repaid in advance, the bank should cancel the loans, that is, the loan bank will return the relevant legal documents and documents that have been put in storage to the borrower, and the borrower needs to sign for them in writing.

(Answer time: May 9, 2022. In case of business changes, please refer to the actual situation. )

4. Can the portfolio loan pay off the commercial loan first?

Portfolio loans can be paid off in one lump sum. Under normal circumstances, the interest rate of commercial loans is higher than the provident fund, and the interest generated will naturally be higher. To this end, if property buyers want to apply for early repayment, they can pay off the commercial loan first, but they need to apply in advance and obtain the consent of the bank before going through the formalities.

Portfolio loan refers to that borrowers who meet the requirements of personal housing commercial loans can apply for personal housing provident fund loans at the same time, that is, borrowers can apply for personal housing provident fund loans and personal housing commercial loans from banks at the same time with the purchased urban self-occupied housing (or other guarantee methods recognized by banks) as collateral.

Loan portfolio is a way for banks to lend to more than two debtors under the constraint of limited total loans to spread credit risk. Due to macro factors such as industry characteristics and business cycle, and micro factors such as the correlation of business activities between enterprises, default dependence in loan portfolio has the characteristics of cycle correlation and risk dispersion. The higher the default dependence, the greater the potential risk loss of the loan portfolio.

Personal housing portfolio loan refers to the borrower who meets the conditions of bank personal housing commercial loan and pays housing provident fund at the same time. While applying for a personal housing commercial loan, he can also apply for a personal housing provident fund loan from the bank. That is to say, the borrower takes the purchased urban self-occupied housing in this city as collateral, and the bank also issues personal housing loans to the same borrower to purchase the same set of self-occupied ordinary commodity housing, which is the general name of policy and commercial loan portfolio.

That is, provident fund loans and commercial loans are used at the same time, generally only when personal loans exceed the local maximum amount of provident fund loans.

If you buy a high-end house, you must borrow 500,000 yuan, and the local provident fund management center stipulates that the maximum loan amount of the provident fund is 400,000 yuan. In this case, the remaining 6,543,800 yuan will be used for commercial loans, and at the same time, the interest cannot enjoy the interest of provident fund loans.

Portfolio loan is a loan issued by the housing fund management department to the same borrower using policy housing funds and commercial banks using credit funds. It is the general name of policy loan and commercial loan portfolio. When individuals can't pay the purchase price through provident fund loans, they can apply for portfolio loans from the handling bank entrusted with provident fund loans.

5. Can the portfolio loan pay off the commercial loan in advance?

Portfolio loans can repay commercial loans in advance. Usually, in portfolio loans, the loan term, loan date and repayment date of provident fund loans and commercial loans are the same, but it is usually conditional to repay commercial loans in advance, which requires borrowers to borrow for more than 65,438+0 years, and different banks have different regulations, which are subject to the specific regulations of banks. In addition, in portfolio loans, commercial loans are implemented according to the benchmark interest rate of loans, while provident fund loans are implemented according to the benchmark interest rate of provident fund loans.

What are the disadvantages of portfolio loans?

Nowadays, there are very few banks that can undertake portfolio loans. Borrowers who apply for portfolio loans will find that the provident fund management center only cooperates with a certain bank, which has great limitations for borrowers to apply for portfolio loans.

First of all, the procedure is cumbersome.

Handling portfolio loans is equivalent to handling provident fund loans and commercial loans. There are many preparation materials and complicated procedures, and the loan funds can only be released and credited to the seller's account after the property right transfer and mortgage registration are completed, which takes 2 to 3 months. Judging from the operation process of "combined loan", the loan time is too long and the seller is unwilling.

Second, the handling fee is high.

Both provident fund and commercial loans charge guarantee fees, as well as assessment fees of different amounts. In addition, if the borrower handles it through an intermediary company or a loan service agency, it still needs to pay a service commission. In this way, portfolio loans are more expensive than pure provident fund loans or commercial loans.

After the borrower applies for a portfolio loan, the commercial loan will be kept in the personal credit information system of the central bank. Suppose the buyer wants to buy another house, let's call it a second suite. If you use the provident fund loan to buy a house directly, as long as the borrower pays off the first home loan and applies for the provident fund loan to buy a house again, it will still lend according to the first home standard. In addition, the procedures of portfolio loans are very complicated, and borrowers need to wait for loans.

Third, the upgrade of home ownership is "implicated"

The disadvantage of portfolio loans is that borrowers will be "implicated" by the second suite policy when upgrading their housing. In portfolio loans, commercial loans will remain in the central bank's credit information system and will be identified as two sets when the house is upgraded. The housing will be sold after the provident fund loan is paid off, and the second use of the provident fund loan will be counted as the first housing, which will be implemented according to preferential policies.

6. Can portfolio loans repay commercial loans in advance?

Portfolio loans can pay off commercial loans in advance. Early repayment includes three situations: full repayment in advance, partial repayment in advance with the loan term unchanged, and partial repayment in advance with the loan term shortened. The loan bank can only accept the application for prepayment of personal loans from the second repayment month.

"Portfolio loan means that the borrower pays the housing provident fund to meet the requirements of the provident fund loan while meeting the conditions of individual commodity housing loan. In addition, when applying for personal housing commercial loans, you can also apply for personal housing provident fund loans, which is called portfolio loans. The provident fund loan of portfolio loan is implemented according to the interest rate of individual housing provident fund loan, and the loan part of portfolio loan is implemented according to the personal housing commercial loan standard of the lending bank.

Pre-repayment loan portfolio is a way for banks to distribute credit risk by issuing loans to more than two debtors under the constraint of limited total loans. Due to macro factors such as industry characteristics and business cycle, and micro factors such as the correlation of business activities between enterprises, default dependence in loan portfolio has the characteristics of cycle correlation and risk dispersion. The higher the default dependence, the greater the potential risk loss of the loan portfolio.

Personal housing portfolio loan refers to the borrower who meets the conditions of bank personal housing commercial loan and pays housing provident fund at the same time. While applying for a personal housing commercial loan, he can also apply for a personal housing provident fund loan from the bank. That is to say, the borrower takes the purchased urban self-occupied housing in this city as collateral, and the bank also issues personal housing loans to the same borrower to purchase the same set of self-occupied ordinary commodity housing, which is the general name of policy and commercial loan portfolio.

That is, provident fund loans and commercial loans are used at the same time, generally only when personal loans exceed the local maximum amount of provident fund loans.

Matters needing attention

First of all, don't forget to surrender.

After the borrower repays all the loans in advance, the original individual housing loan contract is also terminated in advance. According to the relevant regulations, the borrower can bring the original insurance policy and the proof of paying off the loan in advance, and refund the premium paid in advance to the insurance company on a monthly basis.

Second, don't forget the tax refund.

In addition, don't forget to go to the tax department for tax refund. When you buy a commercial house, you should write all the refundable family members into the purchase contract as real estate owners, and apply for "deduction of personal income tax paid by the buyer" after signing the contract and paying the house price, and get my "general tax payment book".

Third, don't prepay in the first year.

It should be noted that you should not repay the loan in advance within the first year. According to the relevant provisions of provident fund loans, part of the prepayment should be made after the repayment of 1 year, and the amount returned should exceed the repayment amount of 6 months.

7. If you want to repay the portfolio loan in advance, can you repay the commercial loan first?

If you want to repay the loan in advance, you can give priority to commercial loans.

You can choose this by yourself. The interest rate of commercial loans is relatively high, so you can give priority to settlement.

Portfolio loan, if all commercial loans are paid off, will the bank make a settlement certificate?

For portfolio loans, if you only pay off the commercial loans, you can ask the bank to issue a settlement certificate. However, the commercial loan has been fully paid off, which is a partial repayment, and it is impossible to mortgage the property. After all the commercial loans of the provident fund need to be paid off, a settlement certificate will be issued to the Housing Authority to cancel the mortgage loan.

Matters needing attention in applying for portfolio loan

1, housing portfolio loans should be handled in the same bank.

Generally speaking, provident fund loans need to be handled at the bank designated by the provident fund center, and the houses purchased should be mortgaged to this bank, and commercial loans should also be mortgaged to the lending bank. The same house cannot be mortgaged to two banks at the same time. Therefore, due to risk considerations, banks in many areas stipulate that commercial loans and provident fund loans in portfolio loans should be handled in the same bank.

2. Applying for a portfolio loan to buy a house must be approved by the landlord or developer.

The portfolio loan has been repaid in advance, and the remaining provident fund remains unchanged every month.

Portfolio loan refers to the combination of commercial loans and provident fund loans and simultaneous repayment. If the commercial loan is repaid in advance, the monthly repayment amount will be less because the loan amount is reduced. However, the repayment amount of provident fund loans will not change, because the repayment amount of provident fund loans is fixed. Therefore, if the commercial loan is repaid in advance and the repayment amount of the provident fund loan remains unchanged, the monthly repayment amount will be reduced and the loan balance will also be reduced. This will enable you to pay off the loan faster, reduce the financial pressure and improve your credit rating.

Can the credit information be found in the credit information system after the portfolio loan wants to pay off the commercial loan first?

Yes, as long as the loan is recorded, unless it is old. The storage time will be longer and longer in the future.

The portfolio loan wants to pay off the commercial loan first, and then the credit information system can still find the loan information.

Well, after paying off the loan, the credit report will show that it has been settled for one month.

Banks or lending institutions do not upload records in real time, but usually submit information to the credit information system of China People's Bank at regular intervals. In other words, the user settled the loan in the current month and then inquired about the personal credit report of the current month, and the records in the credit report may not be updated in time.

However, as long as it is confirmed that the loan has been settled, the credit will be displayed when the user checks it again a few months later. Extended data:

Matters needing attention in loan:

1. The information provided to the bank should be true, the address and contact information provided should be accurate, and the bank should be informed in time when there is any change;

2. The loan purpose should be legal and compliant, and the transaction background should be true;

3. Apply for a loan amount according to your own ability. Usually, the monthly repayment amount should not exceed 50% of the total family income;

4, carefully read the terms of the contract, understand their rights and obligations;

5. Repay on time to avoid bad credit records;

6. Don't lose the loan contract and IOUs. For mortgage loans, don't forget to cancel the mortgage registration after paying off the loan;

7. Only by communicating with the bank one month in advance can the prepayment be made.

8. When a foreigner applies for a commercial loan, the general bank requires the borrower to have a stable income in the local area, and at the same time, he must open a household registration certificate at the place where the household registration is located (some banks also require a certificate of employment); Moreover, in addition to local income, housing guarantee companies should also apply for temporary residence permits for foreigners.

Personal credit records are not always kept, but usually the credit records of the last five years are kept. However, if an individual has a serious credit record, it may be kept for a longer period of time. Of course, if it is an occasional short-term overdue, we don't have to worry too much. After five years, the record will be eliminated.

This is my answer. I hope this answer can solve your problem!

What proof can I get after the portfolio loan pays off the commercial loan?

You can get the repayment details and loan settlement certificate.

1. For the provident fund, the bank can only provide customers with repayment details, and customers also need to go to the provident fund management center to obtain the loan settlement certificate, which is issued by the provident fund management center.

2. For commercial loans, after settlement, the bank will issue relevant repayment details and settlement certificates.

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1. To apply for a portfolio loan, the following conditions must be met: the borrower must have legal and valid identity information; The borrower needs to have stable income, good credit and the ability to repay the principal and interest of the loan; The borrower must be a natural person who pays the housing provident fund in full and on time; The borrower needs to have a legal and effective contract and agreement for the purchase of housing and other supporting documents required by the loan bank; The lender shall have assets recognized by the loan bank for mortgage or pledge, or (and) a legal person, other economic organization or natural person with sufficient compensation capacity as a guarantor; It is necessary to have self-raised funds of more than 30% of the total price of the purchased house, and ensure that it is used to pay the down payment of the purchased house. There may be different regulations according to different regions, so you can consult relevant local departments in detail. The lender shall meet the loan conditions stipulated by the local provident fund management department.

2. Portfolio loans are generally released separately, and provident fund loans such as commercial loans will be released only after they are released. Usually, after the provident fund loan is approved in the first instance, the loan application form for commercial loans will be filled out and the formalities will be completed according to the requirements of the bank. However, in practice, it depends on the processing speed of the bank.

3. In the portfolio loan, the provident fund loan part adopts the unpaid repayment method, and the commercial loan part adopts the repayment method recognized by the commercial bank. If you have a lot of money in your provident fund account, you can sign the monthly transfer repayment withholding business. When you pay back every month, you will first transfer the money through the provident fund account and deduct it from your bank repayment passbook when the account amount is insufficient.

4. For the prepayment of mortgage loan portfolio, because the mortgage loan amount is large, it needs to be approved by the bank first. Only after the approval of the bank can the customer make prepayment. Therefore, when prepaying, it is best to make an appointment with the loan bank one week in advance.

What are the procedures and procedures for portfolio loans after paying off commercial loans first?

After the house loan is paid off, you need to go through the formalities at the bank where the loan is located and obtain other property rights certificates. The bank will stamp the official seal on other property certificates and write down the cancellation opinions, such as: the loan has been invited and you agree to cancel the mortgage. Then, the property owner himself carries the real estate license, other warrants and the original ID card to the mortgage department of the local property housing security and real estate administration for mortgage cancellation registration.

What is the repayment method of portfolio loan?

In portfolio loans, the provident fund loan part adopts the method of free repayment, and the commercial loan part adopts the repayment method recognized by commercial banks. If you have a lot of money in your provident fund account, you can sign the monthly transfer repayment withholding business. When you pay back every month, you will first transfer the money through the provident fund account and deduct it from your bank repayment passbook when the account amount is insufficient.

Commercial loans can also automatically deduct the money in the bound repayment account every month, so it is safe to deposit enough money in your repayment account in advance every month.

If the borrower prepays, he can voluntarily choose to prepay any part of the loan, whether it is a provident fund loan or a commercial loan.

Overdue deduction of housing provident fund loans and commercial loans in portfolio loans shall be implemented in accordance with the respective regulations and standards of provident fund management departments and commercial banks.

Compared with provident fund loans, commercial loans not only account for a higher proportion, but also have much higher loan interest. For the majority of property buyers, if the commercial loans can be repaid first, the pressure brought by the remaining provident fund loans will be much less and the interest will be much reduced.

However, it should be noted that early repayment must be repaid with your own savings. If you use the provident fund, you can only repay the provident fund loan.