Provident fund loans have lower interest rates than commercial loans and are the first choice for many people to borrow money to buy a house. However, before handling provident fund loans, we should understand the basic requirements. For example, many talents just want to use provident fund loans. Whether they can handle it depends on many aspects, and the loan amount is the same. Let's analyze it together.

Can I use the provident fund loan when I first go to work?

1. The deposit time of provident fund loans should meet the standards. Many places require continuous deposit for more than 6 months, and the cumulative deposit time should not be less than 12 months. Before application, the deposit status of provident fund is normal. If you have not been to work for a long time, the deposit time of the provident fund has not met the requirements, or you have changed your work unit and the provident fund is in a sealed state, you cannot make a separate loan.

2. Although the married person has just started to work, but the spouse's provident fund deposit meets the requirements, he can let his spouse participate in the * * loan as the main lender of the provident fund and as the sub-lender. However, if the sub-lender does not meet the requirements of provident fund deposit, it cannot participate in the line calculation, although it can * * *.

3.* * * With the loan, you must also pay attention to the number of provident fund loans in your name, which can be used to buy a second suite, provided that the first set of provident fund loans has been paid off, otherwise you can't borrow. In addition, provident fund loans rarely support loans from different places, so the provident fund paid by the work unit can only be handled there.

How much can the provident fund loan borrow?

The loan amount of provident fund is influenced by many factors, including the balance of provident fund account, the deposit base, the value of purchased real estate, the loan ratio and the loan term. Everyone's credit suite is different, and the loan amount is different.

And it depends on the local policy of buying a house with loans. There will be a limit, which will not exceed 12 times of the balance of the provident fund account at most, 500,000 for personal loans and 900,000 for * * * loans.

Can I apply for a loan immediately after I start paying the provident fund?

Take Chongqing as an example, you can't apply for provident fund loans when you start to pay provident fund.

According to the Notice of Chongqing Housing Provident Fund Management Center on Housing Provident Fund Individual Housing Loan Policy and relevant regulations:

1. The object of provident fund loan is an individual who has paid the provident fund in full and on time (including employees registered in this city or paid in other places) six months before applying for the loan, bought their own houses in cities and towns in our city, and has full civil capacity.

2. The spouses of employees who apply for provident fund loans have paid the provident fund in full and on time for more than 6 months (including local or foreign registered employees who have paid in different places) before applying for loans, and they have full capacity for civil conduct and can participate in loans (hereinafter referred to as "participating in loans"). After the spouse participates in the loan, it is regarded as a provident fund loan with the borrower.

Extended data:

The maximum personal loanable amount of Chongqing housing provident fund loan is 400,000 yuan, and the maximum loanable amount paid to employees' families after participating in the loan shall not exceed 1.5 times (600,000 yuan) of the maximum personal loanable amount. And the actual loanable amount shall not exceed 25 times of the sum of the balance of the provident fund account of the borrower and spouse, and the monthly debt of the borrower's family (including the provident fund loan applied for this time) shall not exceed 50% of his family's monthly income.

The application for provident fund loans will no longer receive the "Single Certificate" issued by the competent department, and the single situation of the parties will be proved by the "Single Declaration" signed by them.

When applying for provident fund loans, paid employees may not provide proof of income issued by the paying unit. If the paid employee fails to provide proof of income, it shall be deemed that he agrees to calculate the monthly income according to his monthly provident fund deposit.