Step 1: Go to the provident fund management center to get the application approval form.

Step 2: The original commercial loan bank confirms the principal amount of the commercial loan and whether it is overdue on the application form.

The third step, the center approves and designates the bank outlets that handle the entrusted loans of provident fund.

The fourth step; The loan applicant submits the original house ownership certificate to the headquarters of the guarantee company, and pays off the original commercial loan with its own funds or the funds of the guarantee company.

Step 5: The applicant submits the certificate of other rights of the original commercial loan and the application form for cancellation of other rights to the guarantee company (headquarters or branches located in the entrusted bank).

Step 6: The guarantee company handles the guarantee procedures of provident fund loan for the lender.

Step 7: entrust a bank outlet to handle the mortgage formalities of the provident fund and transfer the borrower's loan to the guarantee company.

Step 8: The guarantee company handles the cancellation of other rights of the original commercial loan and the registration of other rights of the mortgage of the provident fund loan for the borrower.

Step 9: The guarantee company informs the borrower to get back the house ownership certificate.

Step 10: The borrower repays the funds borrowed by the guarantee company with the provident fund loan (if the borrower resumes the commercial loan with its own funds, the guarantee company will pay the provident fund loan to the borrower).