广州楼市重磅！“商转公贷款”细则公布

Core Viewpoint - The Guangzhou Housing Provident Fund Management Center has issued a temporary implementation plan for converting commercial personal housing loans to housing provident fund loans, aimed at reducing the financial burden on homebuyers and enhancing the support role of the housing provident fund system [2][7]. Group 1: Eligibility Criteria - Applicants must meet specific conditions, including that the original commercial loan must be for a self-occupied residential property within Guangzhou, and the loan must not be settled [2]. - The original commercial loan must have been disbursed for at least three years, and the applicant must be the sole owner of the property [2]. - The property must have a real estate ownership certificate, and there should be no other mortgage registrations or legal restrictions on the property [2]. Group 2: Calculation of Loan Amount - The loan amount for the conversion is determined by the current housing provident fund loan policy and cannot exceed the lower of the original commercial loan balance minus the principal due in the next three months or 70% of the property's purchase price [4][5]. - An example illustrates that if the original commercial loan balance is 600,000 yuan and the property is valued at 2,000,000 yuan, the maximum loan amount would be calculated based on the lowest of the three criteria [5]. Group 3: Loan Term Calculation - The loan term for the converted loan is based on the remaining term of the original commercial loan and cannot exceed 30 years when combined with the years already paid [6]. - For instance, if the original loan has a remaining term of 23.5 years and has been paid for 6.5 years, the maximum loan term for the new loan would be 23 years [6]. Group 4: Additional Considerations - The conversion loan is not applicable for those who have a housing provident fund combination loan where the commercial loan part is involved [7]. - The new policy is expected to alleviate interest expenses for homebuyers, stimulate social consumption demand, and provide opportunities for those who previously could not use provident fund loans [7]. - The current interest rate for the first provident fund loan is 2.6%, which is lower than the average commercial loan rate of 3.2%, thus reducing monthly payments for borrowers [7].