Whether buying a new house or a second-hand house, the use of housing provident fund loans will save some loan interest than commercial loans, which is also applicable to housing replacement. Personal housing replacement housing provident fund loan business is housing replacement for employees who have paid housing provident fund. If the funds are insufficient, they can apply for loans from the municipal housing provident fund management center. According to the relevant management measures of provident fund loans, individual housing provident fund loans can reach up to 60% of the value of mortgaged houses; If the loan amount of housing provident fund is insufficient, the borrower may apply for a portfolio loan. In addition, if the housing replacement uses provident fund loans, it can also save the prepayment fee for repaying the foreclosure certificate to the homeowner. This is unique to housing replacement. Because under normal circumstances, if there is a property that has not been repaid, it is impossible to use the housing provident fund loan. You must pay off the original loan and get a new certificate before you can use the housing provident fund loan. In addition, it is convenient to use housing provident fund loans for housing replacement. Under normal circumstances, to buy a house and use a housing provident fund loan, you must first repay the foreclosure certificate to the owner before you can handle the transfer, and then review the final loan of the provident fund loan. The housing replacement provident fund loan saves the processing time of the whole procedure, and it is expected to be released within one week after the loan is approved. ?