What is the interest rate of Dongguan provident fund loan?

Dongguan provident fund loan interest rate:

1. Interest rate of the first individual housing provident fund loan: 2.6% for less than five years (including five years) and 3. 1% for more than five years.

2. The interest rate of the second personal housing provident fund loan: 3.025% for less than five years (including five years) and 3.575% for more than five years.

Dongguan housing provident fund loan process:

1. preliminary examination: the housing provident fund management center conducts preliminary examination of the materials submitted by the applicant, including the applicant's qualification, loan amount, loan period, etc. After passing the preliminary examination, the center will issue the Notice of Collateral Review and Evaluation.

2. evaluation.

3. review.

4. Go through the guarantee procedures.

5. Sign a loan contract.

6, housing fund management center and the entrusted bank signed a loan agreement.

7. The borrower directly submits a loan application to the housing provident fund management center, and the entrusted industry can summarize the borrower's application materials as needed and submit them to the housing provident fund management center for approval.

8 housing fund management center approved the amount, duration and interest rate of each loan, and signed an entrusted loan contract with the entrusted bank.

9. According to the entrusted loan contract, the entrusted bank shall go through the loan procedures after signing the Mortgage Contract for Housing Provident Fund Entrusted Loan, the Pledge Contract for Housing Provident Fund Entrusted Loan and the Guarantee Contract for Housing Provident Fund Entrusted Loan with the borrower respectively.

10. The entrusted bank directly transfers the loan to the designated account opened by the seller in the entrusted bank.

To sum up, the adjustment of Dongguan provident fund loan interest rate reflects the government's intention to regulate the real estate market, aiming at balancing the relationship between market supply and demand and promoting the healthy development of the real estate market.

Legal basis:

Regulations on the administration of housing provident fund

Article 6

The deposit and loan interest rate of housing provident fund is proposed by the People's Bank of China. After consulting the construction administrative department of the State Council, it is reported to the State Council for approval.

Article 26

Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.