The significance of commercial loans is that the main body of commercial loans is generally commercial banks, while the main body of provident fund loans is the provident fund center, because they are different loan bodies. If the provident fund loan is a new loan relationship, you must first settle the previous loan and cancel the mortgage before you can re-apply for the provident fund loan. If the commercial loan is not solved, there is no way to cancel the mortgage and apply for a provident fund loan. The settlement of commercial loans is one of the necessary conditions for enterprises to open to the outside world. Transferring commercial loans to provident fund means paying off all commercial loans at one time, that is, after the commercial loans are settled, applying for provident fund housing loans instead.

1. The main reason for transferring to provident fund loans is that the interest rate of provident fund loans is lower than that of commercial loans, which can help mortgage users save loan costs. Before repaying the loan, apply to the provident fund center for corporate public loans. After approval, the applicant needs to use the money to pay off the business loan and go through the guarantee procedures before operating. After the application for commercial public loan is approved, if the difference between the borrower's repayment of the principal and interest of commercial public loan is greater than that of commercial public loan, the borrower shall issue the loan to the commercial center in advance, and the borrower shall use the commercial public loan to repay the commercial loan. If you want to convert commercial loans into provident fund loans, you must settle all the commercial loans you applied for before. When commercial loans are converted into provident fund, it is difficult for users to pay off all commercial loans at one time, because most people do not have the economic strength to pay off the loans at one time.

3. Faced with this situation, users should find an intermediary company that cooperates with the provident fund management center to help advance the original commercial loan after the provident fund management department pre-approves the refinancing. Commercial loans can be converted into housing provident fund loans. When a borrower converts a commercial loan into a provident fund loan, it should meet the following seven conditions: (1) It meets the application conditions for housing provident fund loans in this city; The borrower must be the borrower or spouse of the original housing loan (the buyer is required); The original commercial housing loan has not been settled, and the bank agrees that the borrower will settle it in advance; The original commercial housing loan has been repaid for more than one year (including one year), with a good credit record and no overdue loan balance; The purchased property has obtained the real estate license issued by the local real estate registration department, and it is a steel-concrete structure; Mortgagable commercial loans can be converted into provident fund loans.