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Cities with mutual recognition and loan of provident funds
Cities with mutual recognition and loan of provident funds

Recently, the news of mutual recognition and loan of provident fund cities has attracted many people's attention. What are the mutual recognition and loan cities of provident fund?

Representatives of 20 urban provident fund centers, including Wuhan, Changsha, Hefei and Nanchang, signed the Convention on Cooperation of Housing Provident Fund Management Centers in Urban Agglomerations in the Middle Reaches of the Yangtze River, which means that the housing provident funds of these 20 cities will realize mutual recognition and mutual loans, and the loans of housing provident funds across provinces and different places will be realized.

But the mutual recognition and loan of housing provident fund here does not mean that as long as you pay the housing provident fund in any of the above cities, you can borrow money to buy a house in other cities. It is that you pay the provident fund in a city. When your work unit or registered permanent residence moves to other places, the provident fund paid before can also move with your work or registered permanent residence, and the provident fund paid before buying a house in other places can still be used.

Even so, after mutual recognition of provident fund and loans from different places, it is also a great boon for those who want to buy a house with provident fund loans in these cities. Because for those who just need to buy a house, most of them only want to buy a house in their long-term workplace or where their hukou is located.