Current location - Trademark Inquiry Complete Network - Tian Tian Fund - About housing provident fund loans and commercial loans?
About housing provident fund loans and commercial loans?
The choice of provident fund loan or commercial loan for buying a house mainly depends on the customer's own needs and the specific credit situation at that time.

If the customer has paid the housing provident fund, and has paid it in full and on time for six months or more, and the provident fund account is in a normal state of payment, and there is no provident fund loan in its name or it has been settled, the customer can choose to apply for a provident fund loan. After all, the interest rate of provident fund loans is lower than that of commercial loans, so it will be more cost-effective for customers to pay less.

And if the customer has not paid the housing provident fund or made two provident fund loans, then the customer can only choose to apply for commercial loans. Or customers themselves don't mind the higher interest rate of commercial loans. If they think that commercial loans are faster, they can also choose to apply for commercial loans directly.

Also, if the customer chooses to apply for provident fund loans, but the amount is not enough to pay the full house price, the customer can also apply for commercial loans to make up the difference. In other words, customers can apply for portfolio loans (that is, a combination of provident fund loans and commercial loans).