Compared with commercial loans, provident fund loans can save tens of thousands of yuan in interest with the same loan amount and repayment period.

First, the housing provident fund loan conditions in different places

1. If you have paid the provident fund in full for more than 6 months (inclusive), you can apply for a provident fund personal housing loan. If the provident fund is paid in different places and the deposit is less than 6 months, the deposit time can be calculated according to the deposit certificate issued by the housing provident fund management institution of the original deposit place.

2. The object of provident fund loans is the paid employees who purchase the first set of self-occupied housing or the second set of improved ordinary self-occupied housing. Workers' families who pay for the third and above houses cannot issue housing provident fund loans.

3, provident fund personal housing loan rate is less than 85% of the cities divided into districts, according to the local commodity housing prices and per capita housing area, appropriately increase the first set of self-occupied housing loans.

4. You must hold the deposit certificate issued by the housing provident fund management department of the place of employment and apply for the housing provident fund personal housing loan to the housing provident fund management department where the household registration is located.

Second, what should I do if the housing provident fund breaks the housing loan?

Now that the housing provident fund loan is cut off, it will generally affect the loan interest rate. When breaking off diplomatic relations for three consecutive months, the provident fund management center has the right to terminate the provident fund loan contract or implement the commercial loan interest rate. The general housing provident fund management center will first order the outstanding housing provident fund to be paid in full monthly during the loan period. Refused to pay, from the housing provident fund loans have been issued to recover or implement the commercial loan interest rate. The impact of the suspension of provident fund deposit on loans is mainly manifested in the following two aspects:

1. Units that are in arrears for more than 3 months (including 3 months) will be suspended from accepting housing provident fund personal housing loan applications.

2. For borrowers who have applied for provident fund loans, according to the Housing Provident Fund Entrusted Loan Contract, the Provident Fund Management Center has the right to terminate the loan contract and require the borrowers to pay off the housing provident fund loans in advance.

3. What is the prepayment process of housing provident fund?

1. The borrower inquires the hotline of the provident fund management center, dials to inquire about the remaining loan amount, or inputs part of the amount to be repaid in advance according to the voice prompt, and then brings his ID card to the local provident fund management center to apply for an appointment for the amount to be repaid in advance.

2. The staff will provide an application form for the repayment applicant. For full repayment, fill in the Application Form for Early Repayment of Housing Provident Fund Loan of Housing Provident Fund Management Center, and for partial repayment, fill in the Application Form for Early Repayment of Housing Provident Fund Loan of Housing Provident Fund Management Center, then sign and seal it, and provide corresponding materials.

3. After the applicant confirms the amount and date of prepayment, the applicant's application will be transferred to the corresponding entrusting bank for approval.

4. After the approval of the bank, the approval of the housing provident fund management center began.

After receiving the notice of successful approval, the applicant can go to the bank to repay the repayment amount and interest.

6, the last step, many people will ignore. After successful prepayment, the prepayment form shall be submitted to the local housing provident fund management center for the record. I hope the above contents are helpful.

Legal objectivity:

Article 5 of the Regulations on the Management of Housing Provident Fund

The housing accumulation fund shall be used for the purchase, construction, renovation and overhaul of owner-occupied housing by employees, and no unit or individual may use it for other purposes.

Article 26

Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.