1. Apply to the provident fund management center for prepayment. Property buyers need to apply for early repayment at the local provident fund management center, fill in the application form and submit relevant certification materials. Generally speaking, buyers need to provide proof of identity, purchase contract, proof of provident fund account and other materials;

2. Waiting for the approval of the provident fund management center. Provident fund management center shall review the application for prepayment of property buyers, and notify the property buyers to pay prepayment fees and other related expenses if the application is approved;

3. Pay relevant fees. Property buyers need to pay prepayment fees, loan interest and other related expenses. The specific cost standard can be consulted in the provident fund management center;

4. Full prepayment. After completing the above steps, buyers can go directly to the bank for prepayment, and the bank will make prepayment according to the approval amount of the provident fund management center.

Provident fund loan process:

1. preliminary examination: the housing provident fund management center conducts preliminary examination of the materials submitted by the applicant, including the applicant's qualification, loan amount, loan period, etc. After passing the preliminary examination, the center will issue the Notice of Collateral Review and Evaluation;

2. Appraisal: The applicant holds the Notice of Collateral Examination and Appraisal to the appraisal institution designated by the Center to appraise the value of the purchased house. Affordable housing does not need to be evaluated;

3. Audit: The applicant will go to the center for loan audit with the evaluation report issued by the evaluation agency and the preliminary examination materials required by the center. Qualified, the center issued the "housing provident fund management center entrusted loan investigation notice";

4. Handling the guarantee procedures: The applicant shall handle the guarantee procedures according to the guarantee method chosen by himself with the Notice of Investigation on the Entrusted Guarantee Loan of the Housing Provident Fund Management Center. If mortgage guarantee is selected, the guarantor shall issue a written guarantee; If you choose mortgage insurance or third-party guarantee, you should apply for insurance in an insurance company or go through the formalities of entrusted guarantee in a guarantee institution;

5. Sign a loan contract;

6, housing fund management center and the entrusted bank loan agreement;

7. The borrower directly submits a loan application to the housing fund management center, and the entrusted industry can summarize the borrower's application according to the needs and submit it to the housing fund management center for approval;

8 housing fund management center approved the amount, duration and interest rate of each loan, and signed an entrusted loan contract with the entrusted bank.

To sum up, buyers need to meet the specific conditions for prepayment of provident fund, which will affect whether buyers can apply for prepayment. For example, property buyers must continuously pay the provident fund for one year, and at the same time, they need to meet other conditions, such as the number of years to apply for prepayment and the amount of prepayment.

Legal basis:

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.