What should I do if I regret the provident fund loan for 30 years? You can change the repayment period.

As we all know, among all bank loan products, the interest rate of provident fund loans is the lowest. Many borrowers will give priority to applying for provident fund loans when buying a house. However, the conditions for applying for provident fund loans are relatively strict. What should I do if I regret the provident fund loan for 30 years? You can change the repayment period!

What should I do if I regret the provident fund loan for 30 years?

If the borrower has applied for a provident fund loan for 30 years, but feels that the repayment time is too long and has some regrets, he can also choose to change the repayment period.

The prerequisite for changing the repayment period of the provident fund is that the loan has been successfully released and the repayment time has reached more than one year; The applicant is not overdue in the current state. If it is overdue, you need to pay off the overdue application.

After meeting the application conditions, the application time for changing the repayment period of the provident fund is: the third working day from the last agreed repayment date to the next agreed repayment date 15 days. You can apply for partial advance or shortening separately, or both.

Process of changing the repayment time of provident fund: the borrower needs to fill in the loan shortening application at the local housing provident fund center and submit it. After the submission is completed, the bank and the housing provident fund center will have a special person to review it. After the audit is completed, the borrower can send the shortened data or prepayment data to the bank before the next repayment date.

After that, the borrower needs to sign a supplementary loan contract agreement with the bank, which is signed and sealed by both parties. After completing the business, the bank will send the supplementary agreement to the provident fund center for the record.

Generally speaking, the repayment time of 30 years is suitable for users with average repayment ability, and the repayment time of 20 years 15 years is more suitable for users with strong repayment ability. You can choose according to your actual situation.

The above is the related content sharing of "How to regret the provident fund loan for 30 years". I hope I can help you!