(1) Borrowers who have urban hukou (including blue-printed hukou or temporary residence permit), pay housing provident fund normally, have full capacity for civil conduct, have good personal credit, have a stable job and income, have applied for commercial housing loans and repay the loan principal and interest on time can apply for converting commercial loans into provident fund loans.
(2) Employees who have applied for housing portfolio loans and have withdrawn housing provident fund at the time of purchase will no longer apply for transfer to provident fund loans.
(3) The original commercial loans must be handled at the provident fund loan bank outlets entrusted by the municipal housing reform fund center, and the housing commercial loans entrusted by non-provident fund loans to individuals cannot be converted into provident fund loans.
2. Loan conditions
(1) The borrower of the transferred provident fund loan and the original commercial loan must be the same person;
(2) The original commercial loan has been repaid normally for more than 1 year, and there is no record of overdue repayment provided by the lending bank;
(3) If the housing provident fund is withdrawn due to the purchase of housing, the housing provident fund shall be continuously and normally paid 1 year or more from the date of withdrawal;
(4) the transfer of provident fund loans must obtain the consent of the original commercial loan bank;
(5) The house that has been transferred to the provident fund loan must be a residential development project registered in the municipal housing reform fund center. If the house ownership certificate and the state-owned land use right certificate are not handled, the developer shall provide a phased guarantee or proof of the ownership of commercial housing;
(6) Agree to provide guarantee by a guarantee company recognized by the Municipal Capital Center.
3 loan amount, term and interest rate
Transfer procedures of provident fund loans
(1) Consulting application. The reloaning applicant negotiates with the original commercial loan bank and obtains the Application Form for Reloaning Provident Fund. After completing the form, attach the following relevant materials to the original commercial loan bank:
(1) the provident fund loan transfer application form, housing provident fund deposit certificate or Wuhan housing provident fund household registration book, proof of economic income of both husband and wife;
(2) The original and photocopy of the ID card, household registration book and marital status certificate of both husband and wife (if unmarried, the unmarried certificate shall be provided);
③ The normal repayment record of commercial loans provided by the original commercial loan bank and the proof of the remaining loan amount (provided by the bank);
(4) The original commercial housing sales contract with the original commercial loan, the loan contract and mortgage contract signed with the original commercial loan bank.
(2) Data submission for review. The lending bank shall review all the information of the sub-lending borrower and report it to the municipal capital center for approval.
(3) sign a contract. After the approval of the municipal capital center, the loan bank and the loan borrower sign the provident fund loan contract and mortgage contract, and the loan borrower signs the guarantee contract with the guarantee company.
(4) advance deposit of funds. Before the issuance of the provident fund loan, the sub-loan borrower will deposit the difference between the provident fund loan and the original commercial loan into the deposit account of the original commercial loan bank with its own funds to settle the loan.
(5) change insurance. Re-loan borrowers with the original commercial loan insurance policy to the insurance company to change home insurance procedures, insurance beneficiaries from the original loan bank to the city capital center.
(6) allocation of funds. The municipal capital center allocates loan funds, and the loan bank notifies the loan borrower at the same time as issuing provident fund loans and settling the original commercial loans.
(7) Monthly repayment. The reloan borrower shall repay the loan on time every month from the month following the settlement of the original commercial loan until the loan is fully paid off.
(8) Settlement of loan: When the borrower settles the last loan, I personally go to the loan bank and go through the repayment settlement procedures at the counter.
(9) Mortgage cancellation: After the borrower has repaid all the loan principal and interest, he will go through the mortgage registration cancellation formalities with the original real estate mortgage registration department with the settlement certificate and mortgage cancellation certificate issued by the loan bank, the original house purchase contract or real estate license and personal ID card.