1. source of funds: the funds for provident fund loans come from the funds in the provident fund account paid by individuals or employers every month, and the funds for mortgage loans come from loans provided by banks or other financial institutions.
2. Scope of application: provident fund loans are mainly used to buy, decorate or build houses and pay for related house maintenance and decoration expenses, while mortgage loans are mainly used to buy real estate, which can be residential, commercial or investment real estate.
3. Interest rate and term: the interest rate of provident fund loans is relatively low and the repayment period is usually long, which makes the repayment pressure less; The interest rate of mortgage loans is usually slightly higher than that of provident fund loans, and the repayment period is generally short, which varies according to the borrower's credit status and loan amount.
4. Loan amount: The loan amount of provident fund is usually limited by the amount of provident fund accumulated by individuals or families, and the specific amount depends on local provident fund policies and individual contributions; The amount of mortgage loan is usually determined by the borrower's credit rating, income status, collateral value and other factors.