The biggest difference between provident fund loans and mortgage loans is that the interest rate is low, and the interest generated by loans with the same term will be much less, which is the best choice for housing loans. The relevant provident fund loans are summarized as follows.

I. Materials required for housing provident fund loans:

1. Household registration book of the borrower and his spouse;

2. Resident identity cards of borrowers and their spouses;

3. Proof of the marital status of the borrower;

4. Proof of down payment for house purchase;

5. The credit status report of the borrower and his spouse printed by the bank;

6. Housing sales contracts or agreements that meet the legal requirements.

The second is the conditions for handling housing provident fund;

1. Individuals and their units must pay the housing accumulation fund continuously for one year;

2. The borrower has stable economic income, good credit and the ability to repay the principal and interest of the loan;

3. If the borrower purchases a commercial house, it shall not be less than 30% of the total house price.

Three, the housing provident fund management process:

1. The lender prepares relevant materials, fills in the loan application in the bank and submits the materials;

2. After receiving the application, the loan bank shall confirm and review the information;

3. After the audit, the lending bank will contact the lender and sign relevant contracts;

4. For bank loans, the lender shall fulfill the repayment obligations.

Four, housing provident fund loans query method:

1. After online banking is enabled for monthly payment cards of most banks, mortgage repayment records and loan balance can be found on online banking;

2. Inquire through telephone banking 955 service hotline and bank manual customer service;

3. Go to the institution of personal credit investigation and print the personal credit investigation report, which will also show the loan balance. With my ID card, go to the personal loan center where the bank issues loans to find the account manager to inquire;

4. If you know clearly the time of interest rate adjustment and the current interest rate, you can also set up a professional loan calculator to calculate the monthly payment yourself.

Second, is the provident fund loan a mortgage loan? What's the difference between provident fund and mortgage?

Provident fund loans are not mortgage loans, but two different housing purchase policies. In fact, both provident fund and mortgage apply for loans from banks with their own houses, but the interest rate of provident fund loans is low and it is an international welfare, but provident fund loans are more troublesome and restrictive.

Third, can the provident fund only be used for the first home loan? And the difference between the second-home provident fund loan.

Provident funds are not only used for the first home loan. Public housing loans, but the first suite to use provident fund loans, must pay off the mortgage, the second suite can continue to use provident fund loans. Commercial loans, at this time, regardless of whether the mortgage has been paid off, the second suite can apply for provident fund loans.

What is the difference between the first suite and the second suite of provident fund loans?

The difference between the first suite and the second suite of provident fund loans lies in the different loan interest rates. The provident fund loan for the first suite is the national benchmark interest rate. It is very cost-effective to apply for provident fund loans for the second suite and the first suite.

Of course, the interest rate of provident fund loans is always lower than that of commercial loans. You can apply for a mortgage with the provident fund, and try to apply with the provident fund. The only drawback of provident fund loans is that there is an upper limit on the loan amount.

The provident fund can be loaned twice, and you can apply after the second provident fund loan.

It should be noted that anyone in the family who has used the housing provident fund loan before or after marriage, and two or one person has used it twice, can no longer use the provident fund loan.

In addition, the amount of provident fund loans has nothing to do with commercial loans.

4. What is the difference between provident fund loans and mortgage loans?

The difference between provident fund loans and mortgage loans;

1。 The biggest difference between provident fund loans and mortgages lies in the different interest rates. The interest rate of provident fund loan is the lowest among the current housing loan interest rates. Using provident fund loans to buy a house can help buyers reduce the cost of buying a house.

2 to provide provident fund loans, only those who usually collect provident fund can apply. People without provident fund or abnormal remittance cannot apply for provident fund loans.

3. There is a maximum amount of central provident fund loans, and the quota standards are different in different parts of the country.

4, provident fund loans should generally be determined before the loan related mortgage guarantee. Provident fund loans are principal loans. Banks generally only entrust this institution. The loan funds and interest income are not owned by the bank. Mortgage loan is a loan issued by the bank itself.

5. Provident fund loans should generally be insured according to the corresponding mortgage home insurance, and the corresponding notarization procedures should be handled. Mortgage housing loans are exempt from relevant procedures.

6. Provident fund loan scheme is more complicated than mortgage loan. Housing provident fund loan refers to the housing provident fund paid by the local housing provident fund management center, which is used to pay the housing provident fund paid by employees, and entrusts commercial banks to pay the housing provident fund for employees and retirees who paid the housing provident fund during their employment.

Mortgage loan refers to mortgage loan business. For example, housing mortgage loan is a kind of personal housing loan business, and buyers provide phased guarantee to real estate companies with the purchased houses as collateral. The so-called mortgage refers to the mortgage of the mortgagor's transfer of property rights, and the beneficiary is the guarantor of repayment. After the mortgagor repays the loan, the beneficiary immediately transfers the property right of the mortgaged property to the mortgagor. In this process, the mortgagor has the right to use.