1. The lender prepares complete application materials at the bank applying for the loan and fills in the loan application form;

2. After the bank collects the complete application materials, submit them to the provident fund center;

3, provident fund center for approval, notify the bank;

4. The bank issues loans according to the approval results of the provident fund center. The amount of provident fund loan is not higher than 80% of the total amount of commercial housing or the appraised price of second-hand housing, with a maximum of 400,000 and a minimum of 10000. If the second-hand house is purchased and the age of the house is less than 20 years (inclusive), the down payment ratio shall not be less than 30%; If the house is over 20 years old, the down payment ratio shall not be less than 40%. The interest rate of provident fund loans shall be implemented according to the benchmark interest rate of housing provident fund loans in the same period.

Provident fund loan conditions:

1. The applicant and spouse are registered in this city or hold a valid residence permit in this city;

2, the applicant and his spouse have a stable job and income in this city, with the ability to repay the loan principal and interest on schedule;

3. The applicant and his spouse have continuously paid the housing accumulation fund for 1 year;

4. The applicant and his spouse have no self-owned housing in this Municipality, or although they have their own housing, the living area is lower than the standard of per capita housing construction area in this Municipality;

5. The applicant and his spouse have legal and stable housing;

6. The applicant and spouse have good credit and no bad credit records;

7. The applicant and spouse can provide the legal and effective purchase contract or agreement stipulated by this Municipality and the house ownership certificate;

8, in line with other conditions stipulated by the city housing provident fund management center.

To sum up, the method of using the provident fund for 800,000 houses is to prepare complete application materials, fill in the loan application form, submit the information to the provident fund center after collection by the bank, notify the bank after approval, and issue loans according to the approval results. The loan amount of the provident fund is not higher than 80% of the house price, the highest is not more than 400,000, and the lowest is not less than 1 10,000. When buying a second-hand house, the down payment ratio is different according to the age of the house. The interest rate of provident fund loans shall be implemented according to the benchmark interest rate of housing provident fund loans in the same period.

Legal basis:

Regulations on the administration of housing provident fund

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.