the "measures" stipulate that this commercial-to-public loan is applicable to employees who have paid housing provident fund, and the commercial housing loan in Qingdao that I have handled but not settled will be converted into personal housing provident fund loans with the consent of the original commercial loan bank.
At the same time, the Measures clarify that commercial loans can only be converted into pure provident fund loans, and the original commercial loans in portfolio loans cannot be applied for commercial loans. The loan applicant shall agree and cooperate with the original commercial loan bank to settle the balance of the original commercial loan in advance with the housing provident fund loan funds and its own funds.
In addition, in terms of loan objects and conditions, the Measures stipulate that the house purchased by the original commercial loan must be the only self-occupied house of the current loan applicant's family (including the loan applicant, spouse and minor children) in the administrative area of Qingdao, and it is a newly-built commercial house, and the property right certificate has been completed; The loan applicant has paid the housing provident fund in full and continuously for more than 6 months (inclusive) at the time when the applicant turns to public loans; When the original commercial loan was issued, the loan applicant had met the deposit standard stipulated by the provident fund loan policy at that time; The family of the loan applicant must have no record of provident fund loans nationwide.
Editor Wu Xin
Proofread Liu Baoqing