What are the procedures for transferring business to provident fund?
1, submit information
You need to verify whether you have the conditions for conversion at present. If it is confirmed that it meets the requirements, it is necessary to submit relevant materials, fill in the business transfer application form and accept the bank's audit. In order to avoid trouble, it is necessary to confirm the required information in advance, ensure the authenticity of the submitted information, and wait patiently for review.
2. Loan review
After submitting the commercial loan-to-provident fund review, the general bank will review it. When the materials submitted by everyone pass the bank review, they will receive a notice from the bank, interview the bank staff, review and print the applicant's personal credit report, and at the same time, make a pre-loan trial calculation for the applicant in the provident fund system to calculate the repayment ability, loan amount, term, interest rate and repayment method of the applicant after transferring to the provident fund loan. This is the first trial. After the first trial is passed, proceed to the next project. If the first trial fails, the provident fund loan cannot be completed.
Step 3 sign a contract
It is also necessary to sign a contract to transfer commercial loans to provident fund. After everyone has passed the bank's credit audit, then everyone needs to sign a loan (mortgage) contract with the commercial loan bank and a guarantee company designated by the provident fund management center.
4. Pay the difference.
People who have applied for a mortgage must know that the amount of provident fund loans is not as high as that of commercial loans. Therefore, if you want to apply for transferring commercial loans to provident fund loans, you must first repay the difference between the total commercial loans and the total provident fund loans, which is equivalent to depositing this difference as a down payment in the deposit account opened by provident fund loans to settle the loans of the original commercial banks, and the remaining loans owed to commercial banks will not be settled until the provident fund loan funds are released.
5. Issuance of provident fund loans
Commercial loans to provident fund loans need to go to commercial banks and provident fund management centers. Therefore, after you have handled all related matters in the commercial bank and the guarantee company designated by the provident fund management center, you can wait for the provident fund management center to issue loan funds, which will be used to settle the remaining loans of the original commercial bank. At this time, the real estate can be released from the commercial bank and handed over to the provident fund management center.
6. Real estate mortgage and handover
The last step in the process of transferring commercial loans to provident fund loans is to handle the mortgage cancellation and handover of real estate, which is also the most important step in the process of transferring commercial loans to provident fund. Everyone must go to the original commercial loan bank to handle the cancellation procedures of real estate mortgage and complete the mortgage registration procedures of provident fund loans. At this point, the mortgage of real estate and the conversion from commercial loans to public loans have been completed, and all that remains is to repay on time with the repayment method and repayment amount of provident fund loans every month.