Advantages: The procedure is simple, the application threshold is relatively low, and the interest rate is low. Disadvantages: The loan limit is limited, the loan amount is relatively small, and only employees who have paid into the housing provident fund can apply for housing provident fund loans.

The advantage of using a provident fund loan to buy a house is that the procedure is simple, the application threshold is relatively low, and the interest rate is low; the disadvantage is that the loan limit is limited, the loan amount is relatively small, and only employees who have paid into the housing provident fund can apply for a housing provident fund loan.

The types of provident fund withdrawals include: 1. Agreed withdrawal.

Agreed withdrawal of provident fund refers to employees and their spouses who need to withdraw provident fund due to the purchase, construction, renovation, overhaul of self-occupied housing, repayment of principal and interest of housing loans, etc., and submit relevant applications to the provident fund management center. According to the agreed time filled in the application, the provident fund will be withdrawn by

The provident fund management center will transfer the withdrawn provident fund to the employee's own provident fund joint card savings account on time.

2. Partial extraction.

Partial withdrawal of provident fund means that the depositor of provident fund applies for partial withdrawal of provident fund in accordance with the requirements for partial withdrawal of provident fund.

The maximum amount that can be withdrawn is 10 yuan minus the total account amount.

3. Account cancellation withdrawal.

Handling of account cancellation and withdrawal of provident fund withdrawals: Provident fund withdrawal and account cancellation withdrawal are similar to account cancellation withdrawals from bank accounts. When handling account cancellation and withdrawal, fill in the account cancellation withdrawal application form according to the requirements of provident fund withdrawal and account cancellation withdrawal to the provident fund withdrawal account.

Just let the management department handle it.

I hope the above content will be helpful to you. If you have any other questions, please consult a professional lawyer.

Legal basis: Article 28 of the "Housing Provident Fund Management Regulations" The Housing Provident Fund Management Center can, with the approval of the Housing Provident Fund Management Committee, use the Housing Provident Fund to purchase treasury bonds on the premise of ensuring the withdrawal and loans of the Housing Provident Fund.

The Housing Provident Fund Management Center shall not provide guarantee to others.