Legal analysis: Yes. Basically, there are regulations everywhere. When employees who have paid housing provident fund in different places apply for personal housing provident fund entrusted loans to the housing provident fund management center where the house is purchased, they shall provide the purchased house as property collateral, and at the same time, they shall provide a third party to the management center to guarantee the whole process of the loan. Moreover, a third-party guarantor shall meet the following conditions and work within the administrative area of this Municipality; Good credit and full capacity for civil conduct; The job is stable, and the monthly income is more than twice the monthly repayment amount of the borrower; The guarantee period is the loan period, and the maturity shall not exceed the statutory retirement age.

Legal basis: Regulations on the Management of Housing Provident Fund

Twenty-seventh applicants for housing provident fund loans shall provide guarantees.

Twenty-eighth housing provident fund management center in the premise of ensuring the housing provident fund withdrawal and loans, approved by the housing provident fund management committee, housing provident fund can be used to buy government bonds. The housing provident fund management center shall not provide guarantees to others.