There are three ways of second-hand housing loans: commercial loans, provident fund loans and portfolio loans. The loan applicant shall submit a written loan application to the housing fund management center and the bank respectively, and submit relevant materials and sign a contract. After receiving the notice that the bank agrees to the loan, the customer needs to sign a loan contract and a guarantee contract with the loan bank for the provident fund personal housing loan and the self-owned housing loan respectively, and handle the mortgage and insurance. After the signing of this contract, necessary procedures such as mortgage registration and insurance shall be handled in accordance with national and local laws and regulations. Mortgage registration and insurance fees shall be borne by the borrower, and the original insurance policy shall be kept by the loan bank during the mortgage period.

Article 21 of the general principles of loans

The lender must be approved by the People's Bank of China to operate the loan business, hold the License for Legal Person of Financial Institution or the Business License of Financial Institution issued by the People's Bank of China, and be approved and registered by the administrative department for industry and commerce.