Housing provident fund loans refer to housing mortgage loans issued by local housing provident fund management centers to on-the-job employees who paid housing provident fund and retired employees who paid housing provident fund during their employment. Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. The housing provident fund paid by employees and the housing provident fund paid for employees by the unit where employees work are personal savings stored by employees in accordance with the regulations for housing consumption expenditures, which belong to individual employees. When an employee retires, the balance of principal and interest is paid in one lump sum and returned to the employee himself. The types of housing provident fund loans are: new housing loans, second-hand housing loans, self-built housing loans, housing decoration loans, commercial housing loans to provident fund loans and so on. Legal basis Article 13 The housing provident fund management center shall set up a housing provident fund account in the entrusted bank. The unit shall register the housing provident fund deposit with the housing provident fund management center, and go through the formalities for the establishment of housing provident fund accounts for the employees of the unit. Each employee can only have one housing provident fund account. The housing provident fund management center shall establish a detailed account of employee housing provident fund to record the deposit and withdrawal of employee individual housing provident fund. Fourteenth newly established units shall, within 30 days from the date of establishment, go to the housing provident fund management center for registration of housing provident fund deposit, and within 20 days from the date of registration, go through the formalities for the establishment of housing provident fund accounts for their employees. Where a unit is merged, divided, revoked, dissolved or bankrupt, the original unit or liquidation organization shall, within 30 days from the date of the above-mentioned situation, go to the housing provident fund management center to handle the change or cancellation of registration, and handle the transfer or seal-up procedures for the employees of the unit within 20 days from the date of completing the change or cancellation of registration.

Second, what are the conditions for commercial loans to housing provident fund loans?

Legal analysis: the following conditions need to be met when commercial loans are converted into provident fund loans:

1. When the original commercial loan is converted into a provident fund loan, the principal balance must be less than the loanable amount of the applicant's provident fund;

2. Can provide the guarantee recognized by the center;

3. Continuous full payment

4. The applicant's husband and wife shall not have outstanding provident fund loans;

5. The original commercial loan has been repaid normally for more than 1 year, and the repayment record is good.

Article 26 of the Regulations on the Administration of Gold stipulates that employees who purchase, build, renovate or overhaul their own houses and pay housing provident fund may apply to the housing provident fund management center, which shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and the entrusted bank shall handle the loan procedures.

3. What is a housing provident fund loan?

Housing provident fund loan, the full name of which is housing provident fund loan, is a special loan for the purchase of housing issued to employees who have paid housing provident fund as a source of funds. Interest rates are lower than commercial loans.