Apply for provident fund loans must meet the following conditions:

1. The borrower is a natural person with full civil capacity and People's Republic of China (PRC) nationality;

2. When applying for provident fund loan, an account has been opened and paid in full continuously, and the term is not less than the term regularly announced by the management center;

3, with a legal and effective housing sales contract or approved by the relevant departments to build or repair houses;

4. The down payment for house purchase shall not be less than the specified proportion;

5. The borrower has a stable economic income and the ability to repay the loan principal and interest, has a good personal credit report, and has no other debts that affect the loan repayment ability;

6. The land for purchasing, building and repairing houses is state-owned land; Take the house purchased, built or repaired as collateral.

Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.

20 1 1 The Ministry of Housing and Urban-Rural Development, together with other departments, is studying the revision of the regulations on provident fund and liberalizing the provision that individuals withdraw provident fund to pay housing rent. 20 13 Some cities have introduced measures to allow employees suffering from major diseases or their immediate family members to withdraw provident fund for emergencies. 20 14 Three departments issued a document to cancel the housing accumulation fund, individual housing loan insurance, notarization, new house evaluation and compulsory agency guarantee, so as to reduce the burden on loan workers.