I. What is the meaning of housing provident fund loans

Housing provident fund loans refer to housing mortgage loans issued by local housing provident fund management centers to employees and retired employees who have paid housing provident fund by entrusting commercial banks. Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. The housing provident fund paid by employees and the housing provident fund paid for employees by the employees' units are personal savings specially used for housing consumption expenses stored by employees in accordance with regulations, which belong to individual employees. When the employee retires, the balance of principal and interest will be paid in one lump sum and returned to the employee himself. The types of housing provident fund loans are: new house loans, second-hand housing loans, self-built housing loans, housing decoration loans, commercial housing loans to provident fund loans and so on. Legal basis: Article 13 of the Regulations on the Management of Housing Provident Fund, the housing provident fund management center shall set up a special account for housing provident fund in the entrusted bank. The unit shall register the housing provident fund deposit with the housing provident fund management center, and go through the formalities for the establishment of the housing provident fund account for the employees of the unit. Each employee can only have one housing provident fund account. The housing provident fund management center shall establish a detailed account of employees' housing provident fund to record the deposit and withdrawal of employees' individual housing provident fund. Fourteenth newly established units shall, within 3 days from the date of establishment, handle the registration of housing provident fund deposit in the housing provident fund management center, and within 2 days from the date of registration, handle the formalities for the establishment of housing provident fund accounts for their employees. Where a unit is merged, divided, revoked, dissolved or bankrupt, it shall, within 3 days from the date of the above-mentioned situation, be handled by the original unit or liquidation organization to the housing provident fund management center for registration of change or cancellation, and within 2 days from the date of completing the registration of change or cancellation, handle the transfer or sealing procedures for the employees of this unit.

second, what about the provident fund loan?

provident fund loan provident fund personal housing loan refers to the personal housing loan issued by CCB with the funds provided by the client, entrusted by the local housing fund management department. The loan risk is borne by the client, which is mainly used to solve the problem of insufficient funds for individual employees who pay housing provident fund to purchase and build housing. Provident fund personal housing loan refers to the personal housing loan that CCB is entrusted by the local housing fund management department, and the risk of using the funds provided by the client is borne by the client, which is mainly used to solve the problem of insufficient funds for individual employees to purchase and build housing. The currency is RMB, and the term is divided into short-term and medium-and long-term. The client such as the local housing fund management center applies and signs a contract or agreement with China Construction Bank, stating the loan object, purpose, term, interest rate, handling fee, responsibilities and obligations of both parties, etc. As the trustee, China Construction Bank does not bear risks and charges a handling fee of 5% of the paid-in interest of the loan. The longest term of the loan is 3 years, with the annual interest rate of 3.6% for less than 5 years (including 5 years) and 4.5% for more than 5 years. Provident Fund Personal Housing Loan When individuals who pay the housing provident fund in full and on time purchase and build various types of housing in cities and towns in Chinese mainland, the Construction Bank accepts the provident fund personal housing loan entrusted by the housing provident fund management center to the borrower.

third, what is the difference between housing provident fund loans and commercial loans to buy a house?

the relationship between down payment and house price: both new commercial houses are based on the house price in the commercial house contract. Second-hand housing is in accordance with the evaluation price, so the operational space is big! Down payment ratio: for new commercial housing, there is little difference: according to national regulations, the minimum is 2-3% of the house price! However, the provident fund covers 2%. Commercial loans are generally at least 3% regardless of area. Generally, 3% of the second-hand housing gold is in 3-5 gold for commercial loans. The full name of housing provident fund loan is personal housing guarantee entrusted loan. It refers to the individual housing loan issued by commercial banks entrusted by the housing fund management center with the housing provident fund. Housing provident fund loan is a policy-based personal housing loan, on the one hand, its interest rate is low; On the other hand, it mainly provides such loans for low-and middle-income workers who pay the provident fund. However, because the interest difference between housing provident fund loans and commercial loans is more than 1%, both investors and ordinary people who buy houses and live in their own homes are more inclined to choose housing provident fund loans to buy houses. Differences between Housing Provident Fund Loans and Commercial Loans The Measures for Entrusted Loans for Personal Housing Guarantees formulated by the Housing Provident Fund Management Agency and promulgated and implemented by the People's Bank of China and other financial institutions are all loans for people's lack of funds in buying houses, but they are different. The specific differences are as follows: 1. The housing mortgage loans issued by the loan provident fund management agency are for retired employees, and the loan targets must meet the following conditions: accumulated deposits have been made for more than 24 months and are still being paid. ● Have the ability to repay the loan principal and interest steadily. ● Have a contract for the purchase of housing or other conditions stipulated by the housing fund management center and its subordinate sub-center fund management center. However, the housing mortgage loans issued by general financial institutions are natural persons with full civil capacity, that is, people and retired employees, that is to say, the scope of their objects is greater than the former. Second, the loan amount is different. The maximum loan amount of housing mortgage loans issued by general financial institutions shall not be different in procedures. Provident fund loans must first apply to the housing fund management center, accept the preliminary examination of the housing fund management center, and the certificate issued by the reasonable center of the preliminary examination is more complicated than the general housing loan procedures. After the borrower signs the house purchase contract, the commercial loan can be handled directly at the relevant bank agency or by signing a contract with the bank. Fourth, the loan interest rate is different. On the basis of the interest rate of the provident fund loan, the prescribed spread is added. Too much assessment fee. Commercial loans do not need to be evaluated, but loans with provident fund must be evaluated and the evaluation fee must be paid. Commercial loans cost more lawyers than provident fund loans. For commercial loans, lawyers are entrusted to collect 4‰ lawyer fees, while for provident fund loans, individuals are not required to pay lawyer fees. Comparison of three loan methods Let's take the loan amount of 35, yuan as an example to compare three different loan methods: NO.1 Only choose housing provident fund loans. For consumers who only choose housing provident fund loans, the biggest benefit is the relative loan interest rate of housing provident fund. But while pursuing low interest rates, consumers should pay attention to two issues: