Conditions for applying for housing provident fund loans:
1, with full capacity for civil conduct and legal and valid identity documents;
2. The housing provident fund has been paid in full and continuously for more than 6 months (inclusive);
3. Have a stable professional income and the ability to repay the loan principal and interest on time;
4. Good credit status;
5. The purchase, construction, renovation and overhaul of owner-occupied housing occurred within 2 years before applying for a loan;
6. Pay the down payment according to the specified proportion. The down payment ratio of the first set of provident fund loans is 30% of the house price, and that of the second set of provident fund loans is 50% of the house price;
7. Mortgaging the purchased (built) houses or providing third-party houses or securities recognized by the Municipal Provident Fund Center as collateral;
8. The borrower and the borrower's provident fund loan have been paid off or have not occurred.
Legal basis: Article 26 of the Regulations on the Administration of Housing Provident Fund.
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.