The provident fund is paid 400 yuan every month. After 6 months of payment, the balance in the account is 2,400 yuan. After 1 year of payment, the balance in the account is 4,800 yuan. For this account balance, you can only apply for tens of thousands of yuan. Because when the provident fund account balance is multiplied by a certain multiple, a loan limit will be obtained. This multiple is usually more than ten times. Unless the user pays 400 per month and the account balance is tens of thousands, then the loan limit will be hundreds of thousands. Therefore, the longer the provident fund payment period, the better, and the larger the balance in the account, the better

Assume that the borrower's monthly provident fund deposit limit is 400 yuan, and has been paying continuously for one year. Then the balance in the borrower's provident fund account is 4,800 yuan. According to regulations, if the balance in your provident fund account is less than 20,000 yuan, it will be calculated as 20,000 yuan, and you can apply for a loan limit of up to 20 times. That is to say, if the borrower pays 400 yuan per month, and after one year of continuous payment, the maximum loan amount will be 400,000 yuan. However, in most cases, borrowers cannot apply for such a high amount. The minimum loan amount can be twice the balance of the provident fund account, so the borrower can apply for a minimum loan amount of 40,000 yuan.

Of course, it does not mean that if the borrower has paid the provident fund, he will definitely be able to apply for a provident fund loan. Each region has different regulations for provident fund loans. For example, in Changsha, you need to pay continuously for more than one year before you can apply for a loan. The region stipulates that you need to make continuous payments for more than two years before you can apply for a provident fund loan.

Provident fund loan process: Regarding the provident fund loan process, the main processes are as follows: 1. The customer selects a house from the real estate developer, both parties sign a house purchase agreement, and the customer pays the down payment to the developer. 2. Prepare your ID card, local valid residence identity certificate (such as household register), down payment receipt, income certificate (such as bank statements, pay slips) and other relevant information and go to the local housing provident fund management center outlet to find staff to apply for a loan. Receive an application form, fill it out, and submit it together with the information. 3. The Housing Provident Fund Management Center will review the information provided by the customer, and the evaluation agency will come to evaluate the value of the house purchased by the customer. 4. After the approval and evaluation are completed, the approval results and evaluation report will be issued and the customer will be notified. If the approval is passed, the loan amount will be determined. 5. Customers who receive the approval notice must go to the branch to sign a loan contract within the agreed time, and handle mortgage and other related procedures. 6. Entrust the disbursement of loan funds (usually the loan is first disbursed to the bank card under the customer's name, and then the system will immediately disburse it to the developer's designated account).

Conditions for provident fund loans: 1. The basic borrower to apply for a provident fund loan must have full civil capacity and hold a valid identity document to conduct business; 2. The creditworthiness of both the borrower's spouse and the borrower's spouse No bad record, in line with national review standards; 3. Have a stable source of income and the willingness and ability to repay on time; 4. Real house purchase behavior, the purchase occurred within one year, the provenance of the house is clear, the procedures are complete, comply with national standards, and there are no Legal dispute; 5. There are no other provident fund loans that have not been repaid; 6. The purchased house will become a mortgage condition of the institution, or provide guarantee in a state-recognized manner.