Chapter I General provisions

Article 1 In order to fully realize the support of the Housing Provident Fund for the housing consumption of depositors, and to reduce effectively the pressure on depositors to restitute housing loans, these Rules are established in accordance with the relevant provisions of the Housing Provident Fund Regulations and the Anyang City Housing Provident Fund Personal Housing Loan Scheme。

Article II. For the purposes of this rule, a commercial bank individual housing loan (hereinafter referred to as “commercial loan”) transferred from the Provident Fund (hereinafter referred to as “the Provident Fund loan”) means a depositor who fulfils the terms of the Provident Fund loan and applies to the City of Anyang Housing Provident Fund Management Centre (hereinafter referred to as “the city centre”) for the conversion to the Provident Fund (hereinafter referred to as “the commercial transfer loan”) of a commercial loan that has not yet been settled and has been completed (hereinafter referred to as the “business transfer loan”)。

Article 3 - The organization and day-to-day management of the city ' s business of business transfer。

Chapter II Conditions of application, amount, duration and interest rate

Article IV. Purchase of own-occupancy housing in my city ' s administrative area, settlement of commercial loans and settlement of outstanding loans, with the following conditions being met, may be applied for conversion to a Provident Fund loan:

(i) Comply with the current conditions of our Provident Fund loans

(ii) Business loans have been processed in accordance with the rules of the People ' s Bank of China on personal housing loans, with regular repayments exceeding 12 consecutive periods and without a continuous delay of three periods between the applicant and the spouse or a cumulative delay of six periods during the repayment period

(iii) Applicants for a commercial transfer loan are required to be the borrower or his/her spouse of the business loan (the joint owner of the property, who can only be the spouse of the commercial loan borrower)

(iv) Commercial loans for the purchase of housing have been issued with the Certificate of Real Property Rights (Building Ownership Certificate and Land Use Certificate)

(v) The purchase of housing on commercial loans is for the sole purpose of establishing a mortgage registry for the former commercial loan bank, the failure to establish a right of abode and other mortgages, and the absence of restrictions on such rights as judicial seizure。

Article V Loans and duration

(i) The amount of the commercial transfer loan is calculated on the basis of the amount of the current Provident Fund loan in our municipality and may not exceed the balance of the commercial loan at the time the applicant transferred the loan (in thousands and above in whole)

(ii) The term of the commercial transfer loan is implemented in accordance with the current Provident Fund loan policy of our city and may not exceed the remaining years of the original commercial loan (in units of years)。

Article VI Interest rate on loans

The rate of interest on loans is in accordance with the rate of interest on loans from the Provident Fund set by the People ' s Bank of China。

Chapter III

Article 7

(i) Refunds after loans. The applicant repays the commercial loan with his own funds and cancels the previous mortgage registration, re-incorporating the mortgage registration and issuing the Provident Fund loan。

(ii) Loan repayment. (c) Processing of public mortgages on the basis of the non-cancellation of the mortgages originally purchased. The commercial transfer loan funds are released to the designated repayment account to offset the commercial loan balance and to cancel the previous mortgage register。

Chapter IV Information requirements and procedures

Article 8. The applicant shall make available the following information:

(i) Valid identification of the applicant and his/her spouse, household register, marriage certificate, " Information on personal correspondence and authorization to use "

(ii) The applicant's bank card type in the former commercial bank

(iii) A contract for the purchase of a dwelling, a full purchase invoice and a certificate of tax completion of the deed, a real estate certificate, a real estate title certificate (a home title certificate and a land use title certificate)

(iv) Individual housing loan contracts with former commercial banks

(v) Tripartite Agreement on the Transfer of Individual Housing Loans from Commercial Banks to Individual Housing Loans from the Provident Fund (on the basis of loan repayment), Letters of Consent to Subscribe Mortgages from Commercial Banks (on the basis of loan repayment), records of repayments from commercial banks, certification of the balance of commercial loans up to the date of application for transfer

(vi) Related material for other commercial transfer loans requested in the city centre。

Article 9 Loan processing process

(i) Loan applications. Applications for relevant materials for the transfer of a loan from the applicant ' s employer are submitted to the city centre。

(ii) Admissibility review. The application is processed in the city centre and the application is reviewed. If the loan is granted, the City Centre enters into a Loan Contract for the City of Anyang Housing Provident Fund and a Property Mortgage Contract for the City of Anyang Housing Provident Fund Management Centre. If the loan is not granted, the applicant is informed of the reasons。

(iii) Registration of mortgages. In the case of applicants who have paid off their loans on a first-and-after-payment basis, the settlement of commercial loans and the cancellation of mortgages are processed within 30 natural days from the date of approval. The applicant holds a valid certificate for the settlement of a commercial loan, the cancellation of the mortgage to the central office of the city to obtain the Loan Contract for the City of Anyang Housing Provident Fund and to register the mortgage。

In the case of a loan repayment, within five working days from the date of approval, the applicant enters into a mortgage registration and establishes a public-fund loan in advance。

(iv) Loan disbursement. In the case of applicants on a first-and-after-pay basis, the city centre receives a mortgage certificate and grants a public-fund loan。

If the applicant is eligible for a loan by way of loan repayment, the city centre shall issue the loan funds of the applicant to a designated bank account and the applicant shall, within two working days of the release of the Provident Fund loan, finance the difference between the loan and the balance of the commercial loan, cooperate with the bank in the settlement of the original commercial loan and register the cancellation of the mortgage. If the loan is not settled on time, the commercial loan bank shall, within three working days after the release of the loan from the Provident Fund, return the loan funds, upon receipt of a refund from the city centre, settle the loan from the Provident Fund, provide the applicant with an application for the release of the loan, the interest generated shall be borne by the applicant and no further application may be made for the transfer of the loan for a period of one year. After the settlement of the commercial loan, the former commercial bank sent the cancelled mortgage registration to the city centre within five working days。

Chapter V

Article X. Business-to-business loans are limited to purely commercial loans and cannot be converted to portfolio loans, and commercial loans in portfolio loans cannot be processed for business-to-business loans。

ARTICLE 11: WHEN I HAD A MUNICIPAL HOUSING EQUITY LOAN RATE ABOVE 85%, I SUSPENDED THE BUSINESS OF TRANSFERRING LOANS; WHEN I HAD A MUNICIPAL HOUSING EQUITY LOAN RATE BELOW 75%, I STARTED THE BUSINESS OF TRANSFERRING LOANS。

Article 12. This rule is applied in accordance with the relevant policy of the city centre, which is responsible for its interpretation。

Article 13 These Rules shall become effective on 20 May 2024。

Source: Anyang City Housing Fund Management Centre