How to transfer Zhengzhou housing loan to provident fund? Full analysis of the latest operation guide
Recently, Zhengzhou's property market policies have been adjusted frequently, and provident fund loans have become a hot topic. Many home buyers are concerned about how to convert commercial housing loans into provident fund loans to reduce repayment pressure. This article will combine the hot data from the entire network in the past 10 days to provide you with a detailed explanation of the key points, processing procedures and precautions of Zhengzhou's business-to-public transfer policy.
1. Related data of hot topics across the entire network (last 10 days)
| keywords | peak search volume | Main discussion platform |
|---|---|---|
| Zhengzhou provident fund new policy | Average daily 12,000+ | Weibo/Douyin |
| Conditions for business transfer to public company | Daily average 8,500+ | Baidu/Zhihu |
| Provident fund loan amount | Average daily 6,200+ | WeChat/Toutiao |
| Portfolio Loan Process | Daily average 4,800+ | Tieba/Xiaohongshu |
2. Necessary conditions for Zhengzhou business to public transfer
| Project | Specific requirements |
|---|---|
| Provident fund deposit | Continuous deposits for ≥12 months and currently normal |
| Property status | The real estate certificate has been issued and has not been seized |
| Credit history | No three consecutive overdue issues in the past 2 years |
| Remaining years | Remaining term of commercial loan ≥ 1 year |
| Pay the difference | Commercial loan balance ≤ provident fund loan limit |
3. Five-step process
1.Preliminary preparation: Check the balance of your personal provident fund account (can be done through Zhenghaoban APP) and confirm whether the original commercial bank supports the provident fund transfer business.
2.Material submission: It is necessary to prepare 8 materials including ID card, house purchase contract, commercial loan repayment details, real estate certificate, and credit report (see the official website of the Provident Fund Center for the specific list).
3.Quota approval: A single employee can borrow up to RMB 600,000, and a double employee can borrow up to RMB 800,000. The actual limit calculation formula is: account balance × 15 times × time factor.
4.settle the difference: If the balance of the commercial loan exceeds the loan limit of the provident fund, you need to make up the difference yourself.
5.Mortgage change: To complete the mortgagee change registration, the entire process takes approximately 15-30 working days.
4. Latest policy changes in 2023
| Adjustment items | Original policy | current policy |
|---|---|---|
| Deposit time | 24 months required | shortened to 12 months |
| Deposit in another place | Not recognized | Mutual recognition within the province |
| Recognition of second house | Recognize the house and subscribe for the loan | Only recognize properties in Zhengzhou Administrative District |
| Monthly repayment amount | ≤50% of monthly income | Relax to 60% |
5. Frequently Asked Questions
Q: Can a portfolio loan be converted into a pure provident fund loan?
A: Currently, Zhengzhou only supports converting pure commercial loans into provident fund loans. The commercial part of the combined loan needs to be settled first.
Q: How much can the interest rate drop after refinancing?
A: Taking a loan worth RMB 1 million as an example, the provident fund interest rate of 3.1% is compared to the commercial loan rate of 4.1% (LPR benchmark), which can save approximately RMB 210,000 in interest over 30 years.
Q: What fees are incurred during the application process?
A: It mainly involves a mortgage registration fee of 80 yuan, a guarantee fee of 0.3‰ (optional), and an appraisal fee of 300-500 yuan (depending on the institution).
6. Special reminder
1. Starting from October 2023, the Zhengzhou Provident Fund Center will implement an appointment system. It is recommended to make an appointment through the "Zhengzhou Provident Fund" WeChat official account 3 working days in advance.
2. Some banks require commercial loan repayments to be completed for 2 years before they can be transferred to provident fund. It is recommended to confirm with the original lending bank in advance.
3. After refinancing, you need to sign a new repayment agreement. You can choose between equal principal and interest and equal principal.
Through the systematic review of this article, I believe you have a comprehensive understanding of Zhengzhou’s business-to-public policy. It is recommended that eligible home buyers apply as early as possible to enjoy the policy dividends. If you need further consultation, you can call the provident fund service hotline 12329.
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