Generally speaking, it is difficult to transfer commercial loans to provident fund loans. The success rate of application is very low, there are many restrictions and the procedures are more troublesome.

1. Consultation accepted. First go to the original commercial loan bank to consult and see if it can be transferred. Some are restricted by the city.

2. Submit information. If it can be transferred, fill in the application materials and submit relevant materials.

3. Loan acceptance. The bank negotiates the loan amount, term, interest rate and repayment method of the provident fund according to the current situation and your repayment ability; (If the audit fails, the bank will inform the borrower in time and tell the reason. )

4. 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 under the guidance of the bank.

5. Pre-deposited funds. 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.

6. Loan issuance. Manage the issuance of loan funds, and the loan bank informs the loan borrower to use the provident fund loan funds and the borrower's pre-deposited funds to settle the original commercial loan at the same time.

7. Apply for a mortgage. The guarantee company will handle the cancellation procedures of the original commercial loan real estate mortgage on its behalf, and complete the registration procedures such as mortgage transfer of provident fund loans.