In the last few years, Personal housing loan of our country banking industry has obtained the fast development, but simultaneously there is also a huge hidden risk. Therefore, how to guard against personal housing loan risk becomes the difficult problem which needs an urgent solution for our country commercial bank. The paper launches the research in view of the precautions against the risk of personal housing loan of China Construction Bank Chaohu Branch.The selected topic has the certain theory and the practical significance.The paper first briefly introduces the definition and the characteristic of personal housing loan as well as the connotation and the characteristic of its risk, and proposes the significance of the research; Then, it separately outlines the principle and the development of the credit risk management , the operation risk management and the market risk management, then the analysis pointes out the credit risk and the operation risk in personal housing loan; After that, it analyzes the international first-class commercial bank’s risk management pattern compared with present situation of the construction bank and the exterior competition environment which it faces. Then it induces the enlightenment for the risk management organizational reform model of China Construction Bank Chaohu Branch which is given by the international first-class bank risk management pattern; Finally, the paper has carried on a thorough analysis of the individual housing loan present situation and the risk of China Construction Bank Chaohu Branch and puts forward some policy proposals and concrete countermeasures for the personal housing loan risk management of t China Construction Bank Chaohu Branch.