Some property buyers apply for commercial loans and pay back to the bank on time every month because the unit has not established a housing provident fund system when buying a house. Later, when he changed his work unit, the unit could apply for housing provident fund, so he thought about turning the commercial loan he had applied for into a provident fund loan. So can commercial loans be converted into provident fund loans? What are the terms of the loan? Below we will answer them one by one, hoping to help you.

Who can transfer commercial loans to provident fund loans?

Anyone who meets the following six aspects can: have an urban hukou, pay the housing provident fund on time, have never breached the contract, have a sound civil capacity, have a good reputation, have a stable source of income, have applied for a commercial loan, and have the ability to repay the principal and interest on time.

What are the terms of the loan?

1. The original commercial loan must have been repaid normally for more than 1 year, and there can be no overdue repayment record during this period. The original commercial loan repayment record and loan balance certificate issued by the lending bank shall be provided;

2. The credit of the sub-lender and its spouse should be good, and it is agreed that the entrusted bank can inquire and print the personal credit report, which must comply with the "Credit Audit Standard for Personal Housing Provident Fund Loans" of the management center;

3. Show the "Property Ownership Certificate" and "State-owned Land Use Certificate" of the original commercial loan house. If the house is still under construction, it must be a formal and legal residential development project registered in the municipal capital center;

4. If the housing provident fund has been withdrawn, it must be continuously and normally deposited for more than 1 year from the date of withdrawal before it can be transferred;

5. If the marital status of the reloan borrower changes, relevant certificates and notarial certificates of the legal ownership of the property shall be provided.

What is the lending process?

1, go to the entrusted bank designated by the provident fund management center to consult the relevant policies and handling procedures for the transfer of provident fund loans;

2. Fill in the personal housing provident fund loan folder correctly and completely under the guidance of the bank staff, and prepare relevant identification documents and other materials at the same time;

3. After accepting the loan application, the entrusted bank shall interview the applicant, carefully review the loan application materials submitted by the applicant, and review the authenticity, completeness and effectiveness of the materials and the standardization of the blackboard; Ensure that the signature of the applicant on all kinds of documents is true and effective;

4. After the bank has passed the preliminary examination, the applicant shall go through the guarantee formalities with the guarantee company with the information submitted in the previous step;

5. After the guarantee formalities are completed, the guarantee company will issue a staged letter of guarantee, and the applicant will sign a loan contract and a mortgage contract with the entrusted bank with this letter, and at the same time make up the difference funds transferred from the provident fund loan to the bank savings repayment account agreed in the original commercial loan;

6. The staff of the entrusted bank shall review all loan information according to the loan policy of transferring to provident fund stipulated by the provident fund management center;

7, provident fund management center for the final audit;

8. After the final judgment is passed, the entrusted bank will issue loan funds according to the loan notice of the provident fund management center, transfer the loan funds transferred to the provident fund and the pre-stored difference funds into the original commercial loan account, settle the original commercial loan, and promptly notify the re-loan;

9. The loan bank shall, within 7 working days after the loan is issued, cooperate with the guarantee company to handle the cancellation of the original commercial loan mortgage registration with the real estate management department, and handle the transferred provident fund loan mortgage registration procedures.

The above is the loan from commercial loans to provident fund brought by Bian Xiao, OK? What are the terms of the loan? The whole content.