When an applicant transfers to the public sector, the user must first find out whether he supports the loan application bank, because some banks directly do not support provident fund loans, so they cannot transfer. What's more, enterprises need to pay off the remaining amount of the last enterprise loan before they can apply, so they need to use the guarantee company to make advances. As a large number of applicants change jobs, it will take a long time to wait, so you need to be prepared.
After the successful transfer of this business, the monthly repayment amount of users will be reduced due to the reduction of loan interest rate, which can greatly reduce the repayment pressure of users.
Relevant requirements for the transfer of public services
1. The applicant must confirm to the bank that the house loan has not been paid off, and at the same time apply to the bank to pay off the loan in advance. If the bank agrees to apply, it can apply for business transfer.
2. The applicant must ensure that the house purchased with the original commercial loan has been repaid 1 year or more, and there is no bad loans overdue behavior.
3. The applicant must ensure that the house has obtained the ownership certificate and has not applied for the housing accumulation fund before.
4. It can save the loan interest expenses when the provident fund company turns to public loans, but it is more complicated because it involves the interests of property buyers, banks and provident funds. At present, the application procedure is more complicated and there are many related restrictions, so it has not become a common operation for provident fund companies to turn public.