The provident fund cannot be directly used as the down payment for buying a house. If you want to buy a house through a housing provident fund loan, you need to spend it first and then withdraw it, that is, pay the down payment first, and then bring your own or your husband's and wife's ID cards and household registration books. If you are married, you need to provide proof materials such as marriage certificate and withdraw the storage balance at the local housing provident fund management center.

Conditions and requirements for loan accumulation fund:

1. The borrower is at least 18 years old and has full capacity for civil conduct;

2. The borrower has a stable job and income, and has the ability to repay the loan principal and interest;

3. The applicant's personal credit status is good;

4. The borrower has the relevant procedures and documents for purchasing, building, rebuilding and overhauling the self-occupied ordinary house, and has paid the down payment for the house purchase as required. At least 20% down payment for the first suite with a housing area of less than 90 square meters, and at least 30% down payment for the first suite with a housing area of more than 90 square meters;

5. The borrower has paid the housing provident fund in full and on time for 6 consecutive months, and the status of the provident fund account is normal when applying for the housing provident fund loan;

6. There is no outstanding housing provident fund loan under the name of the applicant and his spouse;

7. Provide assets that meet the legal requirements and are recognized by the management center as collateral.

8. Meet other conditions stipulated by the local housing provident fund management center.

Legal basis:

Regulations of Shenyang Municipality on the Administration of Housing Provident Fund

Twenty-fifth workers to withdraw housing provident fund, should issue relevant documents and certificates, apply to the management center, the management center shall make a decision on whether to approve the withdrawal within 3 days from the date of acceptance, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.

Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans and provide guarantees to the management center when purchasing, building, renovating or overhauling their own houses.

The management center shall make a decision on whether to approve the loan 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 management center.

Derivative problem:

Under what circumstances can I withdraw the provident fund?

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(five) to repay the principal and interest of the purchased owner-occupied housing loan;

(six) the account moved out of the city and terminated the labor relationship with the unit;

(seven) the termination of labor relations between employees and units who are not permanent residents of this Municipality or agricultural registered permanent residence;

(eight) termination of labor relations with the unit, housing provident fund has been transferred to the designated account of the management center and has not been re-employed for 2 years.

In accordance with the provisions of items (1) and (5) of the preceding paragraph, if the employee's housing provident fund storage balance is insufficient, his spouse may withdraw the housing provident fund; In line with the provisions of items (2), (3), (4), (6), (7) and (8) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time.

If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.