The approval time of provident fund loans is long, the procedures are relatively complicated, and the withdrawal of funds is relatively slow. Developers prefer to pay the full amount or use commercial loans.

2. The property market is in good condition, and both banks and developers are mutually beneficial.

Real estate development and transactions need a lot of money. An important condition for many banks to agree to lend is to let developers help banks win mortgage customers, and salespeople also have "task indicators". Because of "pressure" and "motivation", developers, real estate agents and salespeople are actively promoting commercial loans to property buyers.

3. It is complicated for developers to sign cooperation agreements in provident fund centers.

After going through many procedures, developers need to prepare some materials to declare to the provident fund management department if they want to enjoy provident fund loans for their commercial housing projects.

After that, the management center (sub-center, management department) can sign an agreement with the developer and the entrusted bank after the project is accepted, reviewed, investigated, certified, reported and approved, and the relevant information of the project will be entered into the provident fund loan information system of the management center on the same day after approval.