Provident fund loans are issued according to the accumulation and specific conditions in individual provident fund accounts. The main purpose is to help buyers solve the housing problem, and the loan applicant is usually the buyer himself or his spouse.

First, the basic conditions of provident fund loans

Provident fund loans are provided by the housing provident fund management center, and applicants need to meet a series of conditions such as stable economic income, good credit status and compliance with the purchase policy. At the same time, the applicant must usually be the depositor of the provident fund, and the provident fund account has a certain deposit balance.

Second, restrictions on provident fund loans between father and son.

Because the provident fund loan is based on the personal provident fund account, the son can't directly use his father's provident fund loan when buying a house. Even if the father has sufficient provident fund balance, he can't directly lend it to his son for housing loan.

Three. Possible alternatives

Although the son can't directly use his father's provident fund loan, there are other ways to consider. For example, sons can apply for commercial loans as buyers, and fathers can provide financial support as guarantors. In addition, if the father is willing to withdraw part or all of the provident fund, it can be used as the son's house purchase money, but this is not a loan, but a direct transfer.

Fourth, matters needing attention

When considering using provident fund or commercial loans to buy a house, we should pay attention to the relevant policies and regulations to ensure the legality and compliance of the loan application. At the same time, buyers should plan the loan amount and repayment period reasonably according to their own economic situation and repayment ability to avoid excessive debt.

To sum up:

A son can't use his father's provident fund loan to buy a house directly, but he can consider other alternatives, such as commercial loans or financial support from his father. In the process of buying a house, we should abide by relevant policies and regulations and plan the loan and repayment plan reasonably.

Legal basis:

Regulations on the administration of housing provident fund

Article 26 provides that:

Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.