Now, China's housing prices are already at a high level. Many people have to choose to apply for a mortgage when buying a house. However, some friends want to convert their loans into provident fund loans after handling commercial housing loans. Then, can mortgage loans be changed into provident fund loans? I will answer your questions here.

According to the current regulations, commercial housing loans can be changed into provident fund loans, which is what everyone often says. However, it is not optional to transfer commercial mortgage to provident fund loan, and the regulations in major cities across the country are different.

Here are some general requirements:

1. The borrower's housing accumulation fund at the place of application has always been paid in a normal state, and the payment time must meet certain requirements;

2. Commercial loans have been in a normal repayment state, and no overdue repayment has occurred;

3. The purchased houses meet the conditions for applying for housing provident fund loans, and the second and third suites in some cities are not allowed to apply for housing provident fund loans;

4. The "Property Ownership Certificate" or "Certificate of Housing Advance Notice Registration" involved in the case has been issued and can be mortgaged;

5. The current income is stable, and it has enough ability to ensure timely and full repayment;

6. The original commercial bank agreed that the borrower would settle the loan in advance.

Generally speaking, mortgage can be changed to provident fund loan, but the borrower needs certain conditions. Friends who have the idea of "business to public" can go to the local provident fund management center to learn more about relevant policies.