With more and more people buying houses, many people solve their problems by applying for mortgages. However, many people want to turn commercial mortgage into provident fund mortgage after applying for mortgage. What is the process of transferring the mortgage business to the public?

The process of mortgage institutions transferring to the public sector

Before applying, 1 the lender shall consult the branches of the entrusted bank about the relevant policies and handling procedures for the transfer of provident fund loans, and fill out the Application for the Transfer of Personal Housing Provident Fund Loans under the guidance of bank staff;

2. If the lender passes the preliminary examination, the bank staff will inform him to go through the guarantee formalities with the guarantee company with relevant information;

3 Lenders sign loan contracts and mortgage contracts with loan banks with the staged guarantee issued by guarantee companies, and at the same time make up the difference funds transferred to provident fund loans to the bank savings repayment account agreed in the original commercial loans.

4. The staff of the loan bank shall enter the information of the lender's collateral, guarantee and pre-stored differential funds in the provident fund information management system;

5. The auditor of the entrusted bank shall review the loan information submitted by the lender in accordance with the provisions of the provident fund management center;

6 After the final judgment is passed, the entrusted bank will issue loans according to the loan notice of the provident fund management center, transfer the loan funds transferred to the provident fund and the pre-existing difference funds into the original commercial loan account, and settle the original commercial loan;

7. The loan bank shall, within 7 working days after the loan is issued, cooperate with the guarantee company to handle the cancellation of the original commercial loan mortgage registration with the real estate management department, and handle the transferred provident fund loan mortgage registration procedures.

The above is the whole process of mortgage business transfer. When handling, the applicant must ensure the authenticity, integrity, validity and standardization of the application materials, and ensure the authenticity and validity of the signatures on various documents, otherwise the application will be rejected easily.