Can I use provident fund loans for waterfront second-hand houses? Can the balance of housing provident fund be used for the down payment of house purchase?
As long as you don't use the provident fund more than twice, you can use the provident fund to buy a house. Housing provident fund is used to buy a house. The first time you use the provident fund, it is 20 times the balance of your provident fund account and cannot exceed 300,000. The second use is 10 times of your account balance. If you pay the down payment, what can you use for the loan?