Hello, according to the relevant regulations of Shanghai Provident Fund Management Center: if a child applies for a parent's provident fund loan when buying a house, the lineal blood relatives can use the balance of their provident fund account to jointly repay the loan. The real estate license must have the name of the main lender, and co-borrower must be the spouse of the main lender or the immediate family member of the same household for more than one year.

If you are unmarried, your parents can help you pay the mortgage;

If you get married, only one of your parents can help you pay off your mortgage.

You can repay the loan by withdrawing your parents' provident fund.

The materials required for handling are as follows:

You and your parents' provident fund account number, ID card, household registration book and the borrower's latest loan repayment certificate.

When handling, make an appointment with the handling outlets in advance. If the application materials are complete and meet the requirements, the processing period can be completed within 3 working days.