Core Viewpoint - Guangzhou's new regulation on converting commercial housing loans to public housing loans aims to reduce the interest burden on contributors and promote social consumption [2][10]. Group 1: Implementation of the Regulation - The regulation will be initiated when the personal housing loan rate (individual loan rate) is below 75% [12][13]. - Preventive measures will be taken when the individual loan rate reaches 85% or above, including loan limit control and appointment applications [13]. - The regulation will be suspended when the individual loan rate reaches 90% or above [13]. Group 2: Eligibility and Conditions for Applicants - Borrowers must currently contribute to the housing fund in Guangzhou and have not used housing fund loans nationwide [4][15]. - The original commercial loan must have been disbursed for more than five years and require consent from the original bank to convert to a pure public fund loan [4][15]. - The property must be the borrower's only residence in the city, and the original loan must not have any overdue records in the past 24 months [15]. Group 3: Loan Amount, Term, and Interest Rate - The loan amount cannot exceed 60% of the total purchase price of the property [6][17]. - The total purchase price is determined by the lower of the original purchase price and the re-evaluated price [7][17]. - The loan term will be determined according to the public fund loan policy and cannot exceed the remaining term of the original commercial loan, with a total of no more than 30 years [8][17]. Group 4: Loan Processing and Repayment - The process includes applying to the original commercial bank, submitting required documents, and completing mortgage registration [22]. - Borrowers must use a commercial bank account for repayments and adhere to the repayment schedule as per the housing fund loan contract [22]. Group 5: Fund Management and Risk Control - The loan amount will be managed within the annual housing fund collection and usage plan, with dynamic adjustments based on actual conditions [24]. - If the individual loan rate exceeds 85% for three consecutive months, the monthly loan limit will be reduced [24].