The operation process of transferring loan business to provident fund is as follows: 1. Get the application approval form from the provident fund management center.

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

3. The center approves and designates the bank outlets for entrusted loans of provident fund.

4. The borrower shall submit the original house ownership certificate to the headquarters of the guarantee company, and pay off the original commercial loan with its own funds or the funds of the guarantee company.

5. The applicant shall submit the certificate of other rights of the original commercial loan and the application form for cancellation of other rights to the guarantee company (head office or entrusted bank branch).

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

7. Entrust the bank outlets to handle the mortgage procedures of the provident fund and transfer the borrower's loan to the guarantee company.

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

9. The guarantee company informs the borrower to retrieve the house ownership certificate.

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).