The provident fund can borrow 300,000 yuan, and the business is calculated according to the principal when it is transferred to the public, so the lender needs to return the principal of 300,000 yuan. However, in general, commercial loans must be settled first, the remaining principal must be returned, and penalty interest is required.

Conditions for transferring business to the public:

1, the application object can only be transferred from the main lender of commercial loans to the provident fund;

2. Time limit for application: After the normal repayment of commercial loans exceeds 65,438+02 months, please note that commercial loans cannot be overdue. If it is overdue, it cannot be handled, and a real estate license is needed.

3. You can only apply for the first suite. Before, a small partner used a provident fund loan, sold the house behind, and then bought another one. This is also judged as a second suite, and it is impossible for the applicant to transfer to the public. In another case, the husband and wife divorced after the husband used the provident fund loan. After the divorce, the woman bought a house and wanted to transfer to the public. It is also impossible, and it still belongs to the second suite. So the identification of the second suite must be clearly remembered!

4. The age of the second-hand housing stock is less than 30 years (subject to the year of completion), that is, the second-hand housing should not be purchased for more than 30 years from completion to use before it can be commercialized.

To handle the "business-to-public" business, you need to take the information to the housing provident fund management center for preliminary examination (preliminary examination). After the preliminary examination (preliminary examination) is passed, you can use self-raised funds to pay off the operating loans and apply for provident fund loans within the prescribed time limit.

Note: Don't pay off the commercial loan by self-financing without preliminary examination. Failure to approve the provident fund loan will increase your economic pressure.

Both commercial loans and provident fund loans require housing mortgage registration. If the commercial loan is not paid off, the mortgage of the house in the commercial bank will not be released, and the original certificate of immovable property right of the house will not be obtained. If you can't mortgage your house again, you can't apply for a provident fund loan.

The housing provident fund management center has the responsibility and obligation to prevent the risk of housing provident fund funds according to the Regulations on the Management of Housing Provident Fund and other laws and regulations. At the same time, provident fund loans are mutually beneficial. If the provident fund center can't implement the loan collateral (the housing for which the loan is applied), it will directly issue provident fund loans, which is not in line with the regulations on the supervision and use of funds, and it is also prone to capital risks, which may damage the legitimate rights and interests of other paid employees.