The borrower shall meet the following conditions when applying for provident fund loans:
(1) Having full capacity for civil conduct and holding legal and valid identity documents;
(2) The individual housing provident fund account has been fully paid for more than 6 months at the time of application, and the payment status is normal;
(three) has not yet reached the national statutory retirement age;
(4) Good credit;
(5) Having the ability to repay the principal and interest of the loan;
(six) the family has no outstanding provident fund loans;
(seven) has paid or invested not less than the prescribed proportion of down payment or self-raised funds;
(eight) guarantee in accordance with the agreement between the housing provident fund management institution and the entrusted bank, and can implement the guarantee in time;
(nine) meet other conditions stipulated by the housing provident fund management institution.
Legal basis: Notice on Issues Related to Standardizing the Housing Provident Fund Individual Housing Loan Policy Article 1 The housing provident fund individual housing loan can only be used to pay for employees' purchase, construction, renovation and overhaul of ordinary self-occupied housing and support basic housing needs. It is strictly forbidden to use housing provident fund and personal housing loans for speculative purchase.