Conditions for applying for a second set of provident fund loans:

1. To apply for a second-home provident fund loan, there must be no housing provident fund loan balance. In other words, those who meet the conditions of the second-home provident fund loan must first settle the first-home provident fund loan when applying for a loan.

2. The down payment ratio of the second set of housing loans shall not be less than 60%, and the regulations vary from region to region.

3. Personal credit information has no bad credit record, and has a stable job and income, and has the ability to repay the principal and interest.

4, also need to meet other provisions of the provident fund management center.

Legal basis:

Regulations on the administration of housing provident fund

Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.

Twenty-seventh applicants for housing provident fund loans shall provide guarantees.