Loan policy on military provident fund loans (1) Regarding whether the local commercial loans that have been handled can be converted into provident fund loans, they cannot be converted into military housing provident fund loans. On the one hand, the state has only introduced the policy of transferring business to public service in some cities, and there is no unified regulation in the whole country, so it is difficult for the whole army to formulate unified regulations; On the other hand, due to the limitation of the scale of military loans, it is impossible to retroactively convert the commercial loans already handled into provident fund loans, so the conditions for launching them are temporarily unavailable. In the future, the headquarters will make timely adjustments according to the system operation. (2) For those who have purchased the first individual housing and have not paid the house price, they can apply for military housing provident fund loans as required; If the purchase price of the purchased housing personnel is fully settled, the military housing provident fund loan policy is not applicable, and the military housing provident fund loan is no longer applied. (3) Regarding the identification of the first suite, the concept of the first suite in the military housing provident fund loan must be that the house purchased is the first family house, that is, the first set of self-owned housing shared by both husband and wife, including: commercial housing, reformed housing, self-built housing, military or local affordable housing, etc. (4) With regard to the loan guarantee for military housing, since the policy of listing military housing has not yet been promulgated, it cannot be secured by military housing mortgage, and it can be done in the form recognized by the five major state-owned commercial banks, such as third-party mortgage or guarantor guarantee. (V) Whether the loan amount of provident fund can be increased at this stage, our loan amount is determined according to the national average level of commercial housing and the principle of "if it is high, it will be low", and it cannot be increased for the time being. (VI) Specific standards on how to approve loans The headquarters clearly stipulates that units at the military level are responsible for formulating specific standards and conditions to be approved. At present, the loan policy has just been implemented. Our idea is that after the loan work has been implemented for a period of time, we will know exactly which types of officers and men need loans more, how big the demand is, whether the indicators of the headquarters can meet the needs, and so on. , according to the examination and approval situation, the problems reflected by each unit and the voice of online officers and soldiers, and then draw up an interim method for waiting for approval, which will be promulgated and implemented after discussion. (VII) On the issue of extracting military housing provident fund According to the policy, the balance of housing provident fund in the individual accounts of military personnel who participate in the collection of housing provident fund will be paid to individuals in one lump sum by their units when they change jobs, retire or vacate military housing; Sacrifice, death, spouse, children vacate military housing, the unit will pay the balance of housing provident fund to the legitimate heir. (8) Regarding whether the military housing provident fund can be used to repay loans, the current provisions on the withdrawal of military housing provident fund have not been adjusted, and individual housing provident fund cannot be used to repay loans. Because the military housing provident fund account is empty, unlike local people, there is no real money in the bank and it is impossible to use the provident fund account to repay. (IX) Regarding the repayment methods of loans, there are mainly two repayment methods: one is the equal principal and interest repayment method, and the other is the average principal repayment method. Matching principal and interest repayment method is to repay the same amount of loans (including principal and interest) every month during the repayment period, so that because the monthly repayment amount is fixed, the expenditure of family income can be controlled in a planned way, and it is also convenient for each family to determine the repayment ability according to their own income. Simply put, equal repayment of loan principal and interest every month is more suitable for people with less income in the current period and expected steady growth in income. The repayment method of average capital is to repay the principal in equal amount every month, and then calculate the interest according to the remaining principal. Therefore, due to the large amount of principal at the beginning, interest will be paid more, so that the amount of repayment will be large at the beginning and will be reduced every month thereafter. The advantage of this method is that because the initial repayment amount is large, the interest expense will be reduced, which is more suitable for families with strong repayment ability. Simply put, it means to repay the loan principal on average every month, and the loan interest is settled on a monthly basis according to the outstanding principal balance, which is more suitable for people with certain economic accumulation. (10) The policy of compulsory use of housing subsidies and early repayment of housing provident fund stipulates that when the borrower retires from active service to settle the housing subsidies and housing provident fund, the financial department of the unit where he works will transfer the housing subsidies and housing provident fund to the cooperative bank to repay the remaining loan principal and interest. The main consideration is that after the soldiers leave active service, the preferential loan interest rate remains unchanged, and the housing accumulation fund collected by the soldiers is still used. The scale of the collection of the housing accumulation fund for the soldiers is limited. After military personnel retire, they should repay housing subsidies and housing accumulation funds in advance for housing consumption, give full play to the mutual assistance and economy of housing accumulation funds, and let more military personnel enjoy this treatment. Therefore, it is also the key content of supervision and inspection in the next step of housing provident fund loan implementation. (XI) With regard to the selection of loan banks and additional services, we have coordinated with some commercial banks to clarify business processes and service plans, striving to provide more convenient loan channels and better loan services for the majority of loan applicants, and negotiated some additional services, such as portfolio loans and decoration loans. We will publish banking service measures on websites such as employee living allowance. Applicants can choose cooperative banks among the five state-owned commercial banks of industry, agriculture, China, construction and communications. For specific services other than military provident fund loans, please contact the cooperative bank.