Many families have no experience in using loans because they buy a house for the first time. They apply for commercial loans. Later, they found that provident fund loans were more cost-effective. What should I do? How to use provident fund loans for commercial loan houses? The following small series will bring you the process of transferring commercial loans to provident fund loans. Friends in need may wish to refer to it.

First, submit an application.

First of all, the lender applies to the commercial loan bank, obtains the Personal Housing Announcement Fund Lending Information from the service desk, fills it out clearly and submits it to the commercial loan bank, and at the same time submits the following materials: the lender's identity certificate, the original and photocopy of the household registration book; Original and photocopy of marital status certificate; Original and photocopy of real estate license and state-owned land use certificate; The original "Housing Mortgage Loan Contract" for commercial loans and the purchase contract; A housing appraisal report issued by a housing appraisal institution recognized by the provident fund management center; All property owners issue notarized written documents agreeing to mortgage; Materials required by other provident fund management centers and banks.

Second, the bank audit

The bank will check the personal credit report of the lender and spouse, and if it meets the relevant regulations, the bank will conduct a preliminary examination in the provident fund system; After the preliminary examination is passed, according to the requirements of the public transfer business, the bank needs to notify the sub-lender to go through the guarantee formalities with the guarantee company with relevant materials.

Third, sign a contract.

After receiving the letter of guarantee from the guarantee company, the lender will sign the loan contract and mortgage contract at the provident fund management center. Commercial loans that exceed the upper limit of provident fund loans need to be supplemented with their own funds.

Fourth, loans.

After the provident fund management center lends money, the guarantee company will cancel the mortgage procedures of the lender's commercial loan, and then transfer it to the provident fund loan mortgage registration. Commercial housing loans with provident fund loans will be completed.

Conclusion: After reading the above, do you know how to use provident fund loans for commercial loan houses? Although the process of provident fund loan is troublesome, the interest rate is low, which is a good way for ordinary people to buy a house. If you want to refinance, you'd better know the process in advance and take fewer detours.