Provident fund loan interest rate in Dongguan: 1. Provident fund loan interest rate for first-time individual housing: 2.6% for a term of less than 5 years (including 5 years), and 3.1% for a term of more than 5 years.

2. The interest rate of the second personal housing provident fund loan: 3.025% for a term of less than 5 years (including 5 years), and 3.575% for a term of more than 5 years.

Dongguan Housing Provident Fund loan process: 1. Preliminary review: The Housing Fund Management Center will conduct a preliminary review of the materials submitted by the applicant, including the applicant's qualifications, loan amount, and loan period. After passing the preliminary review, the center will issue a "Collateral Review and Assessment Notice"

》.

2. Evaluation.

3. Review.

4. Go through the guarantee procedures.

5. Sign a loan contract.

6. The Housing Fund Management Center signs an entrusted loan agreement with the trustee bank.

7. The borrower directly submits a loan application to the Housing Fund Management Center. The entrusted industry can collect the borrower's application information on its behalf as needed and submit it to the Housing Fund Management Center for review and approval.

8. After the Housing Fund Management Center approves the amount, term, and interest rate of each loan, it signs an entrusted loan contract with the trustee bank.

9. The trustee bank shall, in accordance with the entrusted loan contract, sign the "Housing Provident Fund Entrusted Loan Mortgage Contract", "Housing Provident Fund Entrusted Loan Pledge Contract" and "Housing Provident Fund Entrusted Loan Guarantee Contract" with the borrower respectively, and then handle the loan procedures.

10. The trustee bank will transfer the loan directly to the designated account opened by the seller at the trustee bank.

To sum up, Dongguan City’s provident fund loan interest rate adjustment reflects the government’s intention to regulate the real estate market, aiming to balance market supply and demand and promote the healthy development of the real estate market.

Legal basis: Article 6 of the "Housing Provident Fund Management Regulations" stipulates that the interest rates for deposits and loans of housing provident funds shall be proposed by the People's Bank of China, and shall be submitted to the State Council for approval after soliciting the opinions of the construction administrative department of the State Council.

Article 26 Employees who have paid housing provident funds may apply for housing provident fund loans from the Housing Provident Fund Management Center when purchasing, constructing, renovating, or overhauling their own homes.