Personal housing provident fund loans in China Bank can be secured by mortgage or pledge. 1. If the provident fund loan is secured by mortgage, the borrower (that is, the employee applying for provident fund loan) shall use the purchased house as collateral. The borrower shall sign a mortgage contract with the entrusted bank and go through the mortgage registration formalities in accordance with the provisions of this Municipality on the registration of real estate rights. 2. If the provident fund loan is secured by pledge, the borrower or the third party shall provide the certificate-based national debt recognized by the provident fund center and the entrusted bank, the local currency time deposit certificate of the entrusted bank and other legal pledge rights certificates for guarantee. 3. The borrower shall sign a pledge contract with the entrusted bank, and go through the formalities such as transfer of title certificate within the time limit stipulated in the contract. 4. If the collateral is partially damaged, which is insufficient to repay the loan balance, the borrower shall supplement the new guarantee for the part that is insufficient to repay the loan balance. Because there are differences in policies and requirements for individual housing provident fund loans in housing provident fund management centers around the country, you need to consult the provident fund loan business outlets in detail or consult the local provident fund management center.

The above contents are for your reference. Please refer to the actual business regulations.

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