The reason why the second-hand housing provident fund loan is slow is the complicated procedures. Lots of data, long review time, etc.

1. The annual interest rate of provident fund loans is 4.59% for 1-5 years, and 5.4% for 6-3 years. The maximum provident fund loan has been adjusted from 4, to 6, on July 1st this year. The maximum loan period is 3 years.

2. 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, private non-enterprise units, social organizations and their employees.