Use provident fund loans to purchase second-hand houses. If the house is less than 20 years old, the down payment ratio is 30%. If the house is more than 20 years old, the down payment ratio is 100%. Forty. What needs to be noted when using provident funds to purchase second-hand houses is that when paying bank card, annual fee or small account management fee to the bank in accordance with bank regulations, the borrower must ensure that the balance in the repayment card can repay the monthly loan payment of the current month to avoid insufficient balance. Loans are overdue. Housing provident fund loans refer to housing mortgage loans issued by local housing provident fund management centers using the housing provident funds paid by employees and their units and entrusting commercial banks to provide housing provident funds to current employees who have paid housing provident funds and retired employees who have paid housing provident funds during their employment. . The housing provident fund refers to the long-term housing savings deposited by state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees.

Legal basis:

"Housing Provident Fund Management Regulations"

Article 25 If an employee withdraws the balance in the housing provident fund account, the unit where he works shall Verify and issue withdrawal certificate. Employees should apply to the Housing Provident Fund Management Center to withdraw housing provident funds with the withdrawal certificate. The Housing Provident Fund Management Center shall make a decision within three days from the date of accepting the application to approve or disallow the withdrawal, and notify the applicant; if the withdrawal is approved, the entrusted bank shall handle the payment procedures.

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 fifteen 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.