Process of transferring commercial loans to provident fund loans:

The first step is negotiation and acceptance.

If the sub-loan applicant meets the loan conditions after consultation with the original commercial loan bank, the bank staff shall guide the borrower to fill in the personal housing provident fund loan folder correctly and completely.

The second step is to submit the information.

1. The original and photocopy of the ID card, household registration book and marriage certificate of the borrower and spouse (if the borrower is single, the civil affairs department shall issue the single certificate);

2. The original and photocopy of the house ownership certificate and state-owned land use certificate of the house purchased by the original commercial loan;

3. The original loan mortgage contract of the house purchased by the original commercial loan and a copy of the commodity (economic) house sales contract or the stock house sales contract;

4. The "Housing Appraisal Report" issued by the housing appraisal agency recognized by the management center (second-hand housing business loans are converted into provident fund loans);

5. The property right of the house is notarized by someone who agrees to mortgage;

6. Other certification materials required by the management center and the entrusted bank.

Accept a loan

1. The entrusted bank interviews the loan applicants and reviews the application materials submitted by them;

2. Query and print the personal credit report of the borrower and spouse, and review the personal credit status and mortgage situation of both husband and wife;

3. The entrusted bank conducts "family housing information inquiry" for the loan applicant through the real estate department;

4. For eligible borrowers, the entrusted bank conducts a preliminary examination before lending in the provident fund system, and determines the loan amount, term, interest rate and repayment method through consultation with the borrowers according to the preliminary examination results and repayment ability;

5. The entrusted bank conducts preliminary examination in the provident fund system. If the preliminary examination fails, the borrower shall be notified in time and the reasons shall be informed.

The fourth step is to sign the contract

The loan applicant signed a loan (mortgage) contract with the original commercial loan bank, and signed a guarantee contract with the guarantee company designated by the management center under the guidance of the bank.

Step 5: Deposit in advance

The loan applicant will deposit the difference between the original commercial loan balance and the refinancing into a special deposit account opened by the refinancing bank, and settle the original commercial loan in advance with its own funds.

Step 6: Loan

The management center issues loan funds, and the loan bank informs the loan borrower to settle the original commercial loan with the provident fund loan funds and the borrower's pre-stored funds.

Step 7: Apply for a mortgage.

The guarantee company will handle the cancellation procedures of the original commercial loan mortgage on its behalf, and complete the registration procedures such as mortgage transfer of provident fund loans (this procedure will be handled by the guarantee company).