The waiting system is a system of waiting in turns. In order to ensure that the reserve funds in the provident fund account are adequately protected, the provident fund management center will limit the number of people who can apply for provident fund loans each month based on the actual situation. Those who exceed the limit will be queued in the system and will not be released until the next month. In this way, There will be an increasing backlog of application places, and it is normal for many applicants to wait 3-4 months before getting loans.

The "loan waiting system" adheres to the principle of giving priority to second-hand houses, commercial houses converted to public houses, and newly built commercial houses. It does not reduce the coverage of employees' house purchase financing, but also effectively ensures that employees hand over their houses on time. In other words, "If an employee purchases an existing house, the provident fund center will give priority to lending. If the employee purchases an off-plan house, the loan will be arranged according to the delivery time."

What conditions must be met for personal housing provident fund loans? The content is as follows:

1. The borrower has full capacity for civil conduct;

2. Has a formal urban household registration or valid residence status in this city;

3. Stable economic income, good credit, and the ability to repay the principal and interest of the loan;

4. Pay the housing provident fund normally before borrowing and pay continuously for more than six months;

5. Be able to provide purchase A valid contract or agreement for a self-occupied house;

6. The borrower and the buyer in the house purchase contract must be consistent, and the person who has the property rights to purchase the house (except for the spouse) must provide consent for the house. Written commitment for mortgage;

7. Own funds not less than 30% of the value of the self-occupied house (more than 40% of the second-hand house);

8. The borrower agrees Handle housing mortgage and insurance;

9. If purchasing commercial housing, the developer should provide a periodic guarantee and submit relevant credit materials;

10. The borrower agrees to The bank opens a personal account and agrees that the loan undertaking bank will directly transfer the principal and interest of the loan from the account every month.