Legal analysis: there is no clear stipulation on the number of times the provident fund can be used. It is only stipulated that the provident fund can be withdrawn once a year and can be loaned twice, and the second provident fund loan can only be applied after the first provident fund loan is paid off. Generally speaking, the second housing provident fund loan cannot be processed before the next housing provident fund loan is paid off. If the provident fund loan used for the second house purchase has been paid off, the housing provident fund loan can be used for the second time regardless of whether the house is transferred or sold. In China, provident fund generally refers to housing provident fund, specifically refers to the long-term housing savings fund paid by state organs and institutions in accordance with relevant systems. It should be noted that the housing provident fund system is generally only available in cities and towns, while there is generally no provident fund system in rural areas. At the same time, only employees of relevant enterprises and institutions can establish their own housing savings.

Legal basis: Regulations on the Management of Housing Provident Fund

Article 2 These Regulations shall apply to the deposit, withdrawal, use, management and supervision of housing provident fund in People's Republic of China (PRC).

The term "housing accumulation fund" as mentioned in these Regulations refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units and social organizations (hereinafter referred to as units) and their employees.

Article 3 The housing accumulation fund paid by individual employees and the housing accumulation fund paid by the unit where employees work for employees belong to individual employees.

Article 4 The management of housing provident fund shall follow the principles of decision-making by the housing provident fund management committee, operation of the housing provident fund management center, special account storage and financial supervision.

Article 5 The housing accumulation fund shall be used for the purchase, construction, renovation and overhaul of self-occupied housing by employees, and no unit or individual may use it for other purposes.

Article 6 The deposit and loan interest rate of housing provident fund shall be proposed by the People's Bank of China, and submitted to the State Council for approval after consulting the construction administrative department of the State Council.

Seventh the State Council municipal construction administrative departments in conjunction with the the State Council municipal finance department, the people's Bank of China to develop housing provident fund policy, and supervise the implementation.

The construction administrative departments of the people's governments of provinces and autonomous regions shall, jointly with the financial departments at the same level and the branches of the People's Bank of China, be responsible for supervising the implementation of the regulations and policies on housing provident fund management within their respective administrative areas.