First of all, it should be noted that if the borrower used the provident fund loan when purchasing the first suite, and the loan has not been completed, he cannot use the provident fund loan when purchasing the second house. If the first suite is bought with a commercial loan and has a mortgage, the second suite can use a provident fund loan. The down payment is calculated according to the provisions of the second suite, that is, the minimum down payment is 50% and the interest rate rises 10%. If the first home loan has been paid off, whether it is a commercial loan or a provident fund loan, you can use the provident fund loan to buy a second home, and the relevant regulations are naturally calculated according to two sets.

Some places have begun to implement the policy of minimum down payment of 20% for the second suite of provident fund loans. In order to further improve the individual housing loan policy of housing provident fund and support the reasonable housing demand of paid employees, the minimum down payment ratio of 1 set of housing residents who have settled the corresponding housing loans to apply for housing provident fund entrusted loans again to improve their living conditions has been reduced from 30% to 20%. Therefore, when you apply for provident fund loans, you need to ask the local management center what the minimum down payment is to reduce the financial tension caused by buying a house.

The process of applying for provident fund loan is as follows: the borrower needs to submit a written application to the bank, fill in the Application Form for Housing Provident Fund Loan and provide the information he wants to change. The information to be provided is the applicant's housing provident fund deposit certificate; Proof of identity of the applicant, such as ID card, household registration book, etc. (If the applicant is married, relevant information of spouse and marriage certificate are required); Proof of stable family income and other proof of creditor's rights and debts that have an impact on repayment ability; Other information required by the provident fund center. The bank will review the information provided by the applicant and submit it to the provident fund center in time. The provident fund center is responsible for approving loans and informing banks of the approval results in a timely manner. According to the examination and approval results of the provident fund center, the bank informs the applicant to handle the loan procedures, and the borrower signs the relevant contract or agreement, and sends the loan contract and other procedures to the provident fund center for examination and approval. After approval, wait for the loan.