Retirees can apply for housing provident fund loans, but they must meet certain conditions. First of all, the sum of the borrower's age plus the loan period shall not exceed five years after the statutory retirement age. Usually, the legal retirement age is 55 for women and 60 for men, but if there are regulations in other countries, the retirement age can be implemented according to the regulations, and the maximum retirement age cannot exceed 65. In addition, retired employees applying for provident fund loans cannot be over 70 years old. For example, if you are 60 years old now, the longest term of provident fund loan is 10 year. The borrower must also have legal and valid identification, full capacity for civil conduct, stable occupation and income, good credit status, repayment ability, purchase contract or related documents, meet the deposit conditions, provide guarantee, have no outstanding provident fund loans, and meet the conditions stipulated by other clients.

Advantages of provident fund loans:

1, low interest rate: the interest rate of provident fund loans is usually lower than that of commercial loans, which can reduce the repayment pressure of borrowers;

2. Long repayment period: the repayment period of provident fund loans is generally long, some of which can reach 30 years, which helps to spread the repayment pressure;

3. Policy support: As a part of the national housing policy, provident fund loans enjoy certain policy support, which helps to improve the affordability of housing;

4. Flexible repayment methods: provident fund loans provide a variety of repayment methods, and borrowers can choose the appropriate repayment plan according to their actual situation.

To sum up, retirees can realize the demand of buying houses by applying for housing provident fund loans. Provident fund loans have the advantages of low interest rate, long repayment period, flexible policy support and repayment methods, which can reduce the repayment pressure of borrowers and improve the affordability of housing.

Legal basis:

Regulations on the administration of housing provident fund

Article 24

In any of the following circumstances, the employee may withdraw the storage balance in the employee housing provident fund account:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.