Generally, the provident fund is paid 12 months or more, and you can borrow money to buy a house. Applicants who are preparing for loans must pay the provident fund continuously for 12 months or more before they are eligible to buy a house, and the provident fund for this 12 month must be paid continuously without interruption. Provident fund deposit 12 months or more. After this condition is met, it must be approved by the center. After the approval of the center, the bank will issue the loan to the applicant.

Regulations on the administration of housing provident fund

Article 17

The new employees will pay the housing arbitration provident fund from the second month of their work, and the monthly deposit amount is the employee's own salary multiplied by the employee's housing provident fund deposit ratio.

The newly transferred employees of the unit shall pay the housing provident fund from the date when the transferred employees pay their wages, and the monthly deposit amount shall be the employee's monthly salary multiplied by the employee's housing provident fund deposit ratio. Article 26

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.

How long does it take to pay the housing provident fund to get a loan to buy a house?

You can apply for provident fund loans after paying the provident fund for more than half a year.

What conditions do individual housing provident fund loans need to meet? The main contents are as follows:

1. The borrower has full capacity for civil conduct;

2. Have the official residence or valid residence status in this city;

3. Have stable economic income, good credit and the ability to repay the principal and interest of the loan;

4. The housing provident fund shall be paid normally before the loan, and it shall be paid continuously for more than half a year;

5, can provide a valid contract or agreement for the purchase of owner-occupied housing;

6. In the purchase contract, the borrower and the purchaser must be consistent, and the person who purchases the property right (except the spouse) must issue a written commitment to agree to the mortgage of the house;

7, with not less than 30% of the purchase value of owner-occupied housing (second-hand housing more than 40%) of its own funds;

8. The borrower agrees to handle housing mortgage loan and insurance;

9, the purchase of commercial housing, developers should provide phased guarantee and report the relevant credit materials;

10. The borrower agrees to open a personal account with the loan undertaking bank, and agrees that the loan undertaking bank directly deducts the loan principal and interest from the account every month.

"Regulations on the Administration of Housing Provident Fund" Article 19 The housing provident fund paid by individual employees shall be withheld and remitted from their wages by their units.

The unit shall remit the housing provident fund paid by the unit and remitted for the employees to the housing provident fund account within 5 days from the date of monthly payment of employees' wages, and the entrusted bank shall include it in the employee housing provident fund account.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.

How long can the provident fund be loaned?

Under normal circumstances, loans can be made when the provident fund is paid in full for one year, and loans can also be made when the provident fund is paid in full for six months or more in some cities, depending on local policies. The normal deposit of provident fund refers to the continuous monthly deposit, early deposit and overdue payment of housing provident fund.

legal ground

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.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.

How long does it take to pay the provident fund to get a loan to buy a house?

Generally, it takes more than 12 months to pay the housing accumulation fund before you can borrow money to buy a house. According to the relevant national laws and regulations, the loan applicant must establish a housing provident fund account for more than 12 months, and pay the housing provident fund in full for more than 12 months, which is in the state of payment when applying for a loan.

Legal basis: Article 17 of the Regulations on the Management of Housing Provident Fund stipulates that new employees shall pay housing provident fund from the second month of their employment, and the monthly payment shall be the employee's own salary multiplied by the employee's housing provident fund payment ratio. The newly transferred employees of the unit shall pay the housing provident fund from the date when the transferred employees pay their wages, and the monthly deposit amount shall be the employee's monthly salary multiplied by the employee's housing provident fund deposit ratio.

What is the loan process of housing provident fund?

1. To apply for a housing provident fund loan, the borrower shall submit a written application to the Municipal Housing Provident Fund Management Center, fill in the housing provident fund loan application form and truthfully provide relevant information.

2. When the Municipal Housing Provident Fund Management Center is responsible for reviewing the borrower's qualification, guarantor's qualification, loan amount, loan term and contract completion, the borrower and the center sign relevant contracts or agreements, and handle insurance according to the provisions of the People's Bank of China.

3. After the loan formalities are completed, the municipal housing provident fund management center will issue a loan approval notice to the bank, and the bank will handle the loan transfer formalities after receiving the loan notice.

4. When buying a house, the borrower can know the loan amount and monthly repayment amount by going to the bank to calculate according to his own provident fund payment. According to the relevant provisions of provident fund management, it is withdrawn once a year.