There are many advantages in repaying mortgage with provident fund, such as low interest rate, small repayment amount and flexible repayment method. The adjustment of housing provident fund policies in many cities across the country is aimed at lowering the threshold of provident fund withdrawal and loans, improving the utilization rate and appropriately expanding the scope of application. The prepayment amount of provident fund loans is flexible, which is convenient for capital control.

There are many advantages in repaying mortgage with provident fund, such as low interest rate, small repayment amount and flexible repayment method. The adjustment of housing provident fund policies in many cities across the country is aimed at lowering the threshold of provident fund withdrawal and loans, improving the utilization rate and appropriately expanding the scope of application.

What are the advantages of Beijing housing provident fund loans?

To apply for a housing provident fund loan from Beijing Housing Provident Fund Management Center, the housing provident fund deposit must meet one of the following two conditions:

One,

The loan applicant must establish a housing provident fund account 12 months (inclusive) and pay the housing provident fund in full at the same time.

Month (inclusive) or above, (normal deposit includes continuous monthly deposit, early deposit and overdue housing provident fund), and it is in the state of deposit when applying for a loan.

With the approval of the center, the employees in the deferred payment state have met the requirements of housing provident fund account establishment 12 months (inclusive) and paid the housing provident fund in full.

You can apply for a loan for more than one month (inclusive).

Two, the loan applicant is a retired employee who paid the housing provident fund during his employment.

Meet one of the above conditions, you are eligible to apply for a "housing provident fund loan". Loan applicants who purchase policy-oriented housing are not subject to the time limit for the deposit of Beijing housing provident fund. The loan applicant can only apply for a housing provident fund loan if he meets the conditions of establishing a housing provident fund account and being in the state of deposit.

What are the benefits of provident fund loans?

There are many advantages in repaying mortgage with provident fund, such as low interest rate, small repayment amount and flexible repayment method. The adjustment of housing provident fund policies in many cities across the country is aimed at lowering the threshold of provident fund withdrawal and loans, improving the utilization rate and appropriately expanding the scope of application.

The repayment method of provident fund loans is extremely flexible. As long as the monthly repayment amount is not less than the "repayment amount", the borrower can determine the monthly repayment amount at will, which is very convenient for the borrower to arrange funds.

The prepayment amount of provident fund loans is flexible, which is convenient for capital control.

The prepayment amount of commercial loans must be a multiple of 10000 or 50000, but there is no specific provision for provident fund loans. As long as the repayment is greater than the repayment amount, it is regarded as the prepayment amount, and the number of times is not limited, and the repayment can be made in advance on a monthly basis.

Provident fund loans have low interest rates and many benefits.

(The above answers were published on 20 15-07-08. Please refer to the actual situation for the current purchase policy. )

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