What is the loan process of transferring commercial loans to provident fund in China Bank? A friend who handles the loan from Bank of China wants to know how the commercial loan of the bank transfers the provident fund loan, and what is the process? The following small series is introduced to you.
Commercial loans are transferred to provident fund loans, usually referred to as commercial conversion companies. Lenders repay commercial housing loans in advance and apply to the provident fund center to repay the remaining loans at the interest rate of provident fund loans.&; nbsp；
First, you need to apply to a commercial loan bank. Then, you receive the personal housing announcement fund loan folder and submit it to the commercial loan bank after filling it out. The following materials must also be submitted at the & time: the lender's identity certificate, the original and photocopy of the household registration book, the original and photocopy of the marital status certificate, the real estate certificate and the original and photocopy of the state-owned land use certificate, the original and photocopy of the commercial loan "Housing Loan Contract" and the housing evaluation report issued by the housing evaluation agency recognized by the housing purchase contract provident fund management center, the written documents issued by the owner to notarize and agree to mortgage, and other nbsp；
Secondly, after the materials are submitted, the bank will check the personal application reports of the borrower and spouse, and after the requirements are met, the bank will conduct a preliminary examination in the provident fund system. After the preliminary examination is passed, according to the requirements of business transfer, the bank must notify the transferor to hold relevant materials to go through the guarantee formalities with the guarantee company, and the relevant materials at least include the personal and spouse's identity certificates, household registration book, two certificates of residence, and the loan review information confirmation form issued by the bank.&; nbsp；
Third, at this stage, the contract will be signed. After receiving the letter of guarantee from the guarantee company, the commercial transfer applicant will sign the loan contract mortgage contract with the provident fund management center, and the part of the commercial loan exceeding the upper limit of the provident fund loan needs to be supplemented with his own funds.&; nbsp；
finally, after the provident fund management center loans, the guarantee company cancels the commercial loan mortgage procedures and transfers to the provident fund loan mortgage registration.&; nbsp；
loan period &; nbsp；
In principle, the loan period from commercial loans to public loans shall not exceed the remaining years of the lender's statutory retirement. In order to effectively solve the difficulties of employees in purchasing houses and the pressure of repayment, the housing provident fund may be extended by 1-5 years according to the employees' wishes, but the maximum retirement period shall not exceed 3 years (the maximum retirement period for second-hand houses shall not exceed 2 years).&; nbsp；
loan amount &; Nbsp
in terms of the maximum loan amount, the maximum loan amount for employees who pay the housing provident fund unilaterally is 3,, and the maximum loan amount for employees who pay by husband and wife is 4,, and the maximum loan amount shall not exceed the remaining loan amount of the commercial loan industry. The specific loan amount must be calculated by the housing provident fund management agency on the spot.