You are required to deposit 5000 yuan, but you can't take it yourself. The reason is to save interest for one or two years in advance in case you can't pay back the loan or forget to pay back the interest, so that during the loan period, the clerk doesn't have to call you to save money on the repayment date.

Loan procedure

Article 7 A borrower shall apply for a loan directly from the lender. The lender shall give a formal reply to the borrower within three weeks from the date of receiving the loan application and the materials that meet the requirements. After examination and approval, the lender shall issue housing loans to the borrower in accordance with the relevant provisions of the General Rules for Loans.

Article 8 The loan amount issued by the lender shall not exceed the value of the house purchased by the real estate appraisal agency.

Article 9 If an applicant applies for using the housing provident fund loan to purchase a house, after the loan application is approved, the lender will transfer the funds to the bank account opened by the selling unit according to the time stipulated in the loan contract. The maximum amount of housing provident fund loans shall not exceed 2 times the amount of housing provident fund deposits within the retirement age of borrowing family members.

Chapter II Loan Objects and Conditions

Article 4 The loan object shall be a natural person with full capacity for civil conduct.

Article 5 A borrower shall meet the following conditions:

-Have permanent residence in cities and towns or valid residence status;

Two, a stable occupation and income, good credit, the ability to repay the loan principal and interest;

Three, with the purchase of housing contracts or agreements;

Four, no housing subsidies to not less than 30% of the total price of the purchased housing as the down payment; If there is a housing supplement, 30% of the personal commitment will be used as the down payment for the purchase;

Five, there are assets recognized by the lender as collateral or pledge, or units or individuals with sufficient compensation capacity as guarantors;

6. Other conditions stipulated by the lender.

Article 6 The borrower shall provide the lender with the following information:

I. Identity documents (referring to resident identity cards, household registration books and other valid residence certificates);

2. Proof of the stable income of the borrower's family;

Three, in line with the provisions of the purchase contract letter of intent, agreement or other approval documents;

4. List of collateral or pledge, proof of ownership and proof that the person with the right to dispose agrees to mortgage or pledge,

Collateral evaluation certificate issued by the competent department, and the guarantor agrees to provide written documents of guarantee and credit certificate of the guarantor;

Five, to apply for housing provident fund loans, you need to hold a certificate issued by the housing provident fund management department;

6. Other documents or materials required by the lender.