Legal subjectivity:

You cannot use other people’s provident funds to buy a house for yourself, unless the other party is also the owner of the property. In the process of buying a house, when applying for a provident fund loan, you can only use the house purchased with the loan as the loan mortgage, that is, you can only use the property in your own name. The name of the house buyer and the provident fund lender must be the same. The law is objective:

Article 5 of the "Housing Provident Fund Management Regulations"

The housing provident fund shall be used for the purchase, construction, renovation and overhaul of self-occupied housing by employees, and no unit or individual may misappropriate it. He uses.

Article 26

Employees who have paid housing provident funds may apply for housing provident fund loans from the Housing Provident Fund Management Center when purchasing, constructing, renovating or overhauling their own homes. The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures. The risks of housing provident fund loans are borne by the housing provident fund management center.