According to the relevant laws and regulations of our country, parents can really use their children's provident fund to repay when buying a house, but this operation is conditional. First of all, the provident fund account holder, that is, the children, must be written into the real estate license as the owner; Secondly, the borrower should be the spouse of the purchaser or have the same household registration as the purchaser and be an immediate family member for more than one year. These conditions are aimed at ensuring that the use of provident fund is within the scope permitted by law and protecting the rights and interests of provident fund account holders. Therefore, as long as the above conditions are met, parents can use their children's provident fund to assist repayment.

Provisions on the use of provident fund:

1. Provident fund account status: it must be in normal status and cannot be sealed, closed or frozen;

2. Deposit ratio of provident fund: According to the regulations of the local housing provident fund management center, the deposit ratio is usually between 5%- 12%;

3. Scope of use of the provident fund: it can be used to purchase, build, renovate and overhaul occupied houses, and repay the principal and interest of house purchase loans;

4. Provident fund loan conditions: the applicant must meet the specific conditions of the local provident fund loan, such as the deposit period and credit record;

5. Restrictions on withdrawal of provident fund: When withdrawing provident fund to buy a house, it must comply with local restrictions on housing area and price;

6. Common provident fund account: Both husband and wife can combine their respective provident fund accounts, increase the loan amount or withdraw the amount.

To sum up, in our country, parents can indeed use their children's provident fund for repayment, but they must meet certain conditions: the children who are * * * must be included in the real estate license, and * * * and the borrower should be the spouse of the purchaser or the immediate family members of the same household registration and maintain a relationship of 1 year or more. This regulation aims to protect the interests of account holders while legally using the provident fund.

Legal basis:

Regulations on the administration of housing provident fund

essay

The housing provident fund paid by individual employees and the housing provident fund paid by the unit where employees work belong to individual employees.