The purpose of this empirical study is to analyze how to use housing finance for purchasing house in the urban residents of Dalian, and it focuses on the comparative analysis to find out the characteristics of using housing finance between Dalian and Beijing. The data of analysis is based on the sample of 241 households in Dalian. According to survey result, the ratio of the use of housing finance for purchasing house in Dalian accounted for 75% of whole household. This ratio is far higher than the case of Beijing. The mortgage loan accounted for 47.8% of the funds for purchasing house in Dalian. Most of the period of mortgage loan is selected from 16 to 20 years, and the short-term mortgage loan that is less than 10 years is selected relatively high in Dalian. The dichotomous logistic analysis by logit model shows that ‘the type of purchasing house', ‘price of house', and ‘join housing provident fund’ had significantly effects on the use of mortgage loan in Dalian. In the other hand, the common factors between Dalian and Beijing were ‘the type of purchasing house' and ‘join housing provident fund’. In the results of analysis based on Tobit’s model, the characteristics of the influencing factors on mortgage loan in Dalian were ‘the type of purchasing house' and ‘join housing provident fund’.