Couples using housing provident fund loans to buy two suites must meet certain conditions. Most importantly, if the husband and wife have already used the provident fund loan when buying the first suite, and the loan has not been paid off, then they can't use the provident fund loan again when buying the second house. This means that even if both husband and wife have good credit status and have participated in the housing provident fund system, as long as there are outstanding housing provident fund loans, they cannot apply for the provident fund loans for the second suite. So you can't use the provident fund to borrow two houses at the same time.

Basic conditions for provident fund loans:

1. The applicant and spouse are registered in this city or hold a valid residence permit in this city;

2, the applicant and his spouse have a stable occupation and income in this city, with the ability to repay the loan principal and interest on schedule;

3. The applicant and his/her spouse have no self-owned houses in this city, or they have their own houses but have obtained the qualification to purchase houses;

4. The applicant and spouse have no bad credit records in this city;

5. The applicant and spouse have a legal purchase contract or agreement;

6. The down payment of the applicant and spouse is sufficient.

To sum up, when the husband and wife buy a second house, if the provident fund loan of the first suite has not been paid off, they can't use the provident fund loan again, so they can't use the provident fund to loan two houses at the same time.

Legal basis:

Measures of Chengdu Municipality for the Administration of Housing Provident Fund Extraction

Article 8

Workers who purchase, build, renovate or overhaul their own houses, repay the principal and interest of loans for their own houses and rent houses within a natural year can only choose a set of houses to apply for housing provident fund for one of the housing consumption behaviors. If employees and their spouses have outstanding balance of housing provident fund loans in the provident fund center, the amount of housing provident fund should be given priority to repay the housing provident fund loans. Employees who have gone through the formalities of buying houses twice or more in the past five years, or who currently own two or more houses, may not apply for buying houses for the third time or more.