1, it is the first time to buy a house with a provident fund loan, and it has not been paid off, so you can't apply for a provident fund loan to buy a second suite;
2. If you use the provident fund loan to buy a house for the first time and have paid it off, you can apply for a provident fund loan to buy a second suite, but the down payment ratio should be calculated according to the second suite;
3. If a commercial loan is used for the first time to purchase a house, whether it is paid off will not affect the application for provident fund loan to buy a second suite, but the down payment must be calculated according to the second suite.
Loan conditions for provident fund second home
1, the second suite is defined as the number of mortgage loans in the borrower's family. Families who have used provident fund loans or commercial loans to buy houses and apply for mortgages again are regarded as second suites.
2. According to the current relevant regulations, individual housing provident fund loan applicants can obtain corresponding approval as long as they have no housing loan business in commercial banks and provident funds and meet the conditions of other housing provident fund loans.
3. As long as buyers don't owe bank loans (whether commercial loans or provident fund loans), they can use provident fund loans to buy two suites. If your first home loan is not settled, you cannot use the provident fund loan.
I hope the above content can help you. Please consult a professional lawyer if you have any other questions.
Legal basis: Article 26 of the Regulations on the Administration of Housing Provident Fund.
The housing provident fund management center shall, within/0/5 days from the date of accepting the application, make a decision on whether to grant or not to grant the loan, and notify the applicant to grant the loan, and the entrusted bank shall handle the loan formalities.