You can't. You can't borrow money to buy a house just after you pay the provident fund. Provident fund loans have requirements for the deposit time of provident fund. Under normal circumstances, the application takes more than one year, and some cities can apply after half a year. If necessary, the city's provident fund policy shall prevail.

Provident fund loans refer to loans enjoyed by employees who pay housing provident fund. All employees who have paid the provident fund can apply for provident fund loans according to the relevant provisions of provident fund loans.

Housing provident fund housing loan process

1. The borrower submits the loan application to the provident fund management center as required, and provides the information required for the loan.

2 provident fund management center after accepting the borrower's application, review the borrower's qualification, loan amount, loan term, loan information and other information, and put forward opinions.

3. After the preliminary examination of the provident fund management center, the undertaking bank of the provident fund loan will conduct a pre-loan credit investigation on the borrower. After the investigation is completed, the lending bank puts forward opinions, and fills in the "Examination and Approval Form for Individual Housing Provident Fund Loans and Portfolio Loans" and sends it to relevant personnel for approval.

If the borrower passes the examination, he will receive the notice from the loan undertaking bank. At this time, the borrower only needs to bring the ID card, household registration book, bank account number and other materials according to the specified time, and sign the loan contract at the undertaking bank.

5. After signing the loan contract, the borrower shall go through the insurance and mortgage registration formalities according to the regulations, and the expenses arising therefrom shall be borne by the borrower.

6. After confirming that the mortgage registration has been completed and the loan contract comes into effect, the loan undertaking bank will transfer the loan to the account designated by the borrower and the seller on the date agreed in the contract and send the loan receipt to the borrower.

How to borrow provident fund loans is the most cost-effective?

1. Generally speaking, the provident fund is divided into two repayment methods: principal amount and principal amount. Under the condition of constant loan interest rate, the repayment method in average capital will save more interest than the repayment method of equal principal and interest. As a welfare housing loan, the provident fund loan policy has not changed. Not only can you make a down payment of 20%, but you can also enjoy a provident fund interest rate of 3.87%, which is lower than 30%. Therefore, choosing average capital as provident fund loan will save more interest.

2. There are two ways to repay the loan with the balance of the provident fund account. One way is "annual repayment", and the loan principal is directly offset by the account balance in April or September every year. The other is "monthly payment", in which the balance in the account is used to repay the repayment amount of the current month (the principal and interest are paid together). Most people think that it is more cost-effective to write off the principal in one year, thus saving more loan interest. In fact, last year's snapping up may be really uneconomical.

3. The specific loan of the provident fund loan is cost-effective for several years, depending on your own actual situation, such as the type of house or the age of the borrower. If you consider inflation, generally speaking, I suggest you choose 30 years.

My housing provident fund has just been paid. Can I borrow money to buy a house now?

You can't. Those who have continuously purchased housing provident fund for half a year and meet the following basic conditions can apply for housing provident fund loans: 1, who have the status of permanent residents or other valid residents in this city and have full capacity for civil conduct. 2, has signed a legal and effective purchase contract or agreement, and agreed on the proportion of the first payment of the purchase price. 3. Have a stable occupation and income, and have the ability to repay the principal and interest on time.

Legal analysis

1. Medical expenses: The medical expenses are determined according to receipts and vouchers such as medical expenses and hospitalization expenses issued by medical institutions, combined with relevant evidence such as medical records and diagnosis certificates. 2. Lost time: The lost time is determined according to the lost time and income of the victim. 3. Nursing expenses: The nursing expenses are determined according to the income of nursing staff, the number of nurses and the nursing period. 4. Transportation expenses: The transportation expenses shall be calculated according to the actual expenses incurred by the victims and their necessary accompanying personnel for medical treatment or transfer to other hospitals. 5. Hospitalization food subsidy: Hospitalization food subsidy can be determined by referring to the standard of food subsidy for ordinary staff of local state organs. 6. Nutrition fee: The nutrition fee is determined according to the disability of the victim and referring to the opinions of medical institutions. 7. Disability compensation: according to the degree or level of disability of the victim, according to the per capita disposable income of urban residents or the per capita net income of rural residents, the disability compensation is calculated for 20 years from the date of disability. However, for those over 60 years of age, the age will be reduced by one year for each additional year; Seventy-five years of age or older, calculated by five years.

legal ground

Article 26 of the Regulations on the Management of Housing Provident Fund stipulates that employees who have paid housing provident fund can apply for housing provident fund loans from 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.

My housing provident fund has just been paid for a month. Can I apply for a loan?

1. My housing provident fund has just been paid for one month. Can I apply for a loan?

No, you should keep it for at least 6 months.

When applying for a provident fund loan, the following conditions should be met: employees who have paid the housing provident fund normally 1 year or more must pay the housing provident fund normally for more than 6 months (inclusive), and the monthly payment of the housing provident fund reaches the minimum monthly payment announced by the management Committee.

Second, provident fund loans.

Provident fund loans refer to individual housing provident fund loans, which are issued by local housing provident fund management centers. With the housing provident fund paid by employees who apply for provident fund loans, commercial banks are entrusted to provide mortgage loans to housing provident fund depositors who purchase, build, renovate or overhaul their own houses and retired employees who pay housing provident fund during their working life. According to the regulations, employees who have paid housing provident fund for a certain number of years or more (the number of years varies from city to city, such as 12 months or more in Changsha) can apply for provident fund loans when the funds for purchasing, building, renovating or overhauling their own houses are insufficient.

Third, the conditions of provident fund loans

1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans. Employees who have not participated in the housing provident fund system cannot apply for housing provident fund loans.

2. If you participate in the housing provident fund system, you must also meet the following conditions to apply for a housing provident fund personal housing loan: that is, you must pay the housing provident fund continuously for not less than 6 months before applying for the loan. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing loans.

3. If one of the husband and wife has applied for a housing provident fund loan, both husband and wife shall not obtain a housing provident fund loan again before paying off the principal and interest of the loan. Because the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of workers' families.

4. When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is risky to lend to housing provident fund, which violates the principle of safe operation of housing provident fund.

5. The term of the provident fund loan shall not exceed 30 years. For portfolio loans, the loan conditions of provident fund loans and commercial housing loans must be the same.

How long can I borrow money to buy a house when I buy a housing provident fund?

1. If the unit pays the housing provident fund, it needs to pay in full for 6 months before it can use the housing provident fund loan to buy a house;

2. If an individual pays the housing provident fund, it will take 1 year to pay it in full before he can use the housing provident fund loan to buy a house.

So if you meet the conditions for the unit to pay the housing provident fund, you can use it for half a year.

Extended data:

Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.

New rules/regulations

Employees who have paid the housing provident fund in full for more than 6 months (inclusive) may apply for housing provident fund personal housing loans. For those who have paid the housing provident fund in different places and paid it in the current deposit place for less than 6 months, the payment time can be calculated according to the payment certificate issued by the housing provident fund management center of the original deposit place.