First, the provident fund loan application conditions are:

1, permanent residence in the town where the loan is located, and valid residence certificate can be provided;

2. The housing provident fund has been continuously paid for more than 6 months before the loan, and the accumulated time of the provident fund deposit cannot be less than 12 months;

3. The self-financing of the first suite reaches more than 30% (including 30%) of the total price of the purchased house, and the first home loan below 90 square meters is only 20%;

4. The borrower has a legitimate job and a stable income, a fixed salary every month, and a clear intention to repay the loan;

5. Sign a house purchase contract or contract with the house sales office;

6. Meet other conditions stipulated by the trustor and the trustee.

Two, provident fund loan policy is as follows:

1. The housing provident fund shall be paid in full and normally as required, and it has been paid continuously for more than 6 months when applying for a loan;

2. The applicant's purchase of owner-occupied housing shall not exceed 12 months in principle, including newly-built commercial housing, second-hand housing, affordable housing, demolition resettlement housing and public housing. Among them, if the commercial housing under construction is purchased for pre-sale, the time for signing the commercial housing sales contract shall not exceed 24 months in principle;

3. The applicant and his spouse have stable economic income, repay the loan principal and interest on time, have good personal credit and have full capacity for civil conduct;

4. If you purchase a commercial house (affordable housing), you have signed a cooperation agreement on the sale of real estate with Hangzhou Provident Fund Center, signed a contract (provident fund loan or provident fund commercial portfolio loan) and applied for a loan after paying the down payment; When buying a second-hand house, the real estate agent has filed a record with Hangzhou Provident Fund Center, signed a contract (provident fund loan or provident fund commercial portfolio loan), paid the down payment and applied for a loan before going through the formalities of real estate transaction transfer; Self-housing construction, renovation and overhaul should belong to state-owned land, obtain housing construction planning permit or housing construction documents approved by government departments, and apply for loans within 12 months after the project is completed;

5. If the employee's family (including the main borrower, spouse and minor children) has no housing or housing loan records, the first set of ordinary self-occupied housing will be purchased with the housing provident fund and the first set of policies will be implemented. For the purchase of commercial housing, the down payment ratio of the loan is not less than 30%, and the minimum down payment ratio agreed in the real estate cooperation agreement of the provident fund center is not less than 20%; When purchasing affordable housing, the down payment ratio of the loan shall not be less than 20%; If the second-hand house is purchased and the age of the house is less than 20 years (inclusive), the down payment ratio of the loan shall not be less than 30%; If the house is over 20 years old, the down payment ratio of the loan shall not be less than 40%;

6. Purchase ordinary self-occupied housing and implement two sets of housing provident fund loan policies in the name of workers' families who own or have no housing but have housing loan records. The down payment ratio of the loan is not less than 60%, and the interest rate of the provident fund loan is 1. 1 times of the benchmark interest rate of the housing provident fund loan in the same period;

7. The down payment ratio should also be comprehensively determined according to housing conditions, prices, family repayment ability, credit status and other factors. Applying for portfolio loans or discount loans should also meet the relevant requirements of commercial banks;

8. Buying a house is an ordinary house occupied by the city, with a purchase and building contract and relevant supporting materials in compliance with the law, and it is agreed to use the purchase and building as a loan guarantee;

9. The applicant and his/her spouse apply for individual housing loans by using the housing provident fund for the first time, or the individual housing loans by using the housing provident fund have been settled and meet the conditions for re-application.

Three, the housing provident fund loan process is as follows:

1. Get a provident fund loan application form, or download it yourself in official website. After completing the form, submit all relevant personal materials and certificates to the provident fund management center and apply for provident fund loans;

2. After accepting the application, the provident fund management center will investigate and verify all the materials, risks and personal credit information provided by the applicant to see if it meets the loan requirements;

3. After the approval of the provident fund management center, the entrusted bank transfers funds to the center according to the qualified application procedures;

4. The bank will transfer all the loan funds to the developer's account according to the contract.

To sum up, compared with commercial housing loans, housing provident fund loans have the advantages of lower interest rates, flexible repayment methods and low down payment ratio, while the disadvantages are cumbersome procedures and long approval time.

Legal basis:

Article 26 of the Regulations on the Management of Housing Provident Fund

Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.

The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.

The risk of housing provident fund loans shall be borne by the housing provident fund management center.