Process of Provident Fund Housing Loan:

1. The borrower applies: The borrower provides the required information for the loan to the Provincial Provident Fund Management Center as required;

2. Credit investigation and loan approval: The loan undertaking bank conducts a pre-loan credit investigation on the borrower, puts forward opinions and fills out the "Individual Housing Provident Fund Loan and Portfolio Loan Investigation and Approval Form" and submits it to relevant personnel for approval. The borrower can consult the loan undertaking bank for the approval result 7 working days after the loan application is accepted;

3. Sign a loan contract: After receiving the notice from the loan undertaking bank, the borrower has the right to contact *** Bring your ID card, debit account number and other information with you to sign the loan contract, and send the loan contract to the developer for signature and seal before submitting it to the undertaking bank;

4. Go through the insurance and mortgage registration procedures : Borrowing must go through insurance and mortgage registration procedures, and the relevant costs shall be borne by the borrower;

5. Loan transfer: After confirming that the mortgage registration has been completed and the loan contract has taken effect, the loan undertaking bank will transfer the loan according to the date agreed in the contract. The loan is transferred to the account designated by the borrower and the house seller ***, and the loan receipt is sent to the borrower;

6. Loan recovery: The borrower will follow the loan contract starting from the month after the loan is released. Return the loan. The borrower can apply for early repayment after one year of borrowing. If the loan is less than one year old and the borrower needs to repay the loan in advance due to reasons such as going abroad, transferring out of the city, transferring property, checking out, etc., the relevant certificates should be submitted;

7. Liquidation and withdrawal of mortgage: borrowing After the person repays the principal and interest of the loan, the undertaking bank will issue a loan settlement certificate and be responsible for handling the mortgage registration and cancellation procedures.

Necessary conditions for a self-built house loan:

1. The applicant’s employer or individual has paid housing provident fund continuously for more than 6 months, and the current payment is normal;

2. Build a self-occupied house within three years;

3. Both husband and wife receive no unpaid loans from the provident fund or provide housing provident fund pledges for others;

4 . Both husband and wife have good credit (no bad records for 3 consecutive periods and more than 6 periods in total);

5. Provide a guarantee recognized by the management center;

6. A family can have at most two Secondary housing provident fund loan.

To sum up, you can use provident fund loans to build a house on a homestead. When withdrawing the provident fund, you need to provide the planning permit for rural housing construction, the housing management department's homestead approval or relevant supporting documents permitting housing construction, and invoices for the purchase of building materials and other construction costs.

Legal basis:

"Regulations of the People's Republic of China on the Administration of Housing Provident Funds"

Article 5

The housing provident fund shall It is used for the purchase, construction, renovation and overhaul of self-occupied housing for employees, and no unit or individual may use it for other purposes.

Article 26

Employees who have paid housing provident funds may apply for housing provident fund loans from the Housing Provident Fund Management Center when purchasing, constructing, renovating or overhauling their own homes. The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures. The risks of housing provident fund loans are borne by the housing provident fund management center.