The provident fund loan period is measured in years, and the maximum loan period does not exceed 30 years. The sum of the loan period applied for by the employee and the actual age at the time of loan application shall not exceed 70 years. The housing provident fund loan interest rate stipulated by the Ministry of Housing and Urban-Rural Development and the People's Bank of China shall be implemented. The current annual interest rate is: 4.00% for less than five years (including five years); 4.50% for more than five years.

Employees who pay deposits can apply for a combination loan

When the employee’s provident fund loan limit is not enough to cover the purchase of a house, the employee can apply for a commercial housing loan from the trustee bank, and the trustee will Banks provide employees with a combination of provident fund loans and commercial housing loans.

Provident fund loans can be secured by mortgage or pledge. If provident fund loans adopt the form of mortgage guarantee, the borrower (i.e. the employee who applies for provident fund loans, the same below) shall use the purchased house as collateral. The borrower shall sign a mortgage contract with the trustee bank and handle the mortgage registration procedures in accordance with the city's real estate rights registration regulations.

If a provident fund loan adopts the form of pledge guarantee, the borrower or a third party shall provide certificate-type treasury bonds recognized by the provident fund center and the trustee bank, local currency time deposit certificates of the trustee bank, and other legally pledged rights certificates Make a guarantee. The borrower shall sign a pledge contract with the trustee bank and handle the transfer of rights certificates and other procedures within the time limit stipulated in the contract.