When handling the business transfer from business to public, you need to prepare the following information:

1. Valid identity document and household register (if you are married, your spouse is ***With the borrower, you also need to prepare the original and copy of your spouse’s ID card, household register, and marriage certificate.

2. The original "Loan Mortgage Contract" signed when applying for the original commercial housing loan and a copy of the "Commodity (Economic) House Purchase and Sale Contract" or the "Existing House Purchase and Sale Contract".

3. The original and photocopy of the "House Ownership Certificate" and "State-owned Land Use Certificate" of the house purchased with the original commercial loan.

4. A notarized confirmation letter agreeing to the mortgage issued by the owner of the house property rights.

5. The borrower’s repayment record of the original commercial loan issued by the original commercial loan bank and the certificate of the balance and remaining term of the original commercial loan as of the application date for the transfer to provident fund loan.

6. A copy of the mortgage certificate for the house purchased by the original commercial loan (off-plan mortgage certificate or other property certificate) provided by the original commercial loan bank and stamped with the official seal of the bank.

7. Bank card or current passbook used to repay the business-to-public loan.

How to convert a commercial loan into a provident fund loan:

1. Consultation and acceptance. Applicants for loan refinancing should go to the original commercial loan bank for consultation. If they meet the conditions for refinancing, bank staff should guide the borrower to correctly and completely fill in the "Personal Housing Provident Fund Refinancing Folder".

2. Submit information. Submit relevant information required by the lending institution.

3. Loan acceptance. For eligible borrowers, the trustee bank will conduct a pre-loan trial calculation in the provident fund system, and based on the trial calculation results and loan repayment ability, negotiate with the borrower to determine the loan amount, term, interest rate and repayment method; the trustee bank will conduct a pre-loan trial calculation in the provident fund system. Conduct a preliminary review. If the application fails the preliminary review, the borrower will be notified of the reasons in a timely manner.

4. Sign the contract. The loan applicant signs a loan (mortgage) contract with the original commercial loan bank, and at the same time signs a guarantee contract with the guarantee company designated by the management under the guidance of the bank.

5. Pre-deposited funds. The borrower deposits the difference between the balance of the original commercial loan and the re-loan with its own funds into a special deposit account opened by the re-loan bank to settle the original commercial loan in advance.

6. Loan disbursement. The bank that manages the disbursement of loan funds and has on-loan notices the on-loan borrower to simultaneously settle the original commercial loan with provident fund loan funds and the borrower's pre-deposited funds.

7. Apply for mortgage. The guarantee company will handle the cancellation procedures for the original commercial loan real estate mortgage, and complete the registration procedures for transferring the provident fund loan mortgage.