But generally do not need a loan, because the demolition compensation is definitely higher than the cost of buying a house. The conditions for handling resettlement housing loans are as follows:

1, with permanent residence or valid residence status in this city;

2. When applying for a loan, the normal continuous payment of housing provident fund for one year or more, and the normal continuous payment of housing provident fund for new account holders for six months or more; 3. The relocation of resettlement houses actually happened;

4. Agree to purchase resettlement houses with full mortgage;

5, stable economic income, good personal credit, able to repay the loan principal and interest;

6. The borrower's husband and wife have not settled the housing provident fund loan.