The main purposes of housing provident fund are as follows:

1. If you need to buy a house and need a loan, you can apply for a loan (up to 300,000 or 200,000) according to the balance in the provident fund account. As long as you pay the provident fund normally for more than one year (half a year in some places), the loan interest rate is about 30% lower than that of commercial mortgages.

2, construction, renovation, overhaul occupied housing, with relevant documents and materials to the provident fund management center to apply for withdrawal of provident fund.

3, housing loans (including commercial mortgage housing loans), during the repayment period, you can use the relevant information to withdraw the provident fund to repay the loan principal and interest.

4. The house is leased. If the monthly rent exceeds the family wage income and affects the normal expenditure, you can apply for withdrawing the provident fund to subsidize the rent.

The withdrawal and use of the provident fund must be related to housing, otherwise it can't be withdrawn (it can't be fully withdrawn until you retire and settle abroad).

Application conditions

1, the identity is legal and valid;

2. Have full capacity for civil conduct;

3. Have a stable occupation and income, good credit status and the ability to repay the principal and interest of the loan;

4, purchase, construction, renovation, overhaul occupied housing;

5, with the purchase, construction, renovation, overhaul of owner-occupied housing contract or related documents;

6. Provide customer-recognized guarantee;

7. The borrower and his wife have no outstanding housing provident fund loans or housing provident fund policy discount loans;

Materials to be prepared:

1. Copy of the applicant's ID card;

2. A copy of the applicant's household registration book (home page, personal page and change page);

3. Copy of the down payment invoice for house purchase;

4. Original and photocopy of the commercial housing sales contract;

5. Original and photocopy of the house ownership certificate;

6. Original loan application form.

Handling housing provident fund loan procedures:

1. The loan applicant fills in the application form;

2. The applicant submits the application materials to the Center;

3. Confirm the customer's loan qualification through the preliminary examination of the center;

4. The borrower entrusts an appraisal firm to conduct mortgage review and appraisal;

5. Fill in the loan documents;

6. Submit the custody contract and loan contract to the developer and guarantee unit for seal;

7. buy insurance;

8. Submit materials to the provident fund management center for review;

9. Send the data to the center for final review;

10. Send the information to the lending bank;

1 1. Store the information returned by the bank;

12. Repay on time according to the loan documents.