It takes one year to buy a house with provident fund before you can buy a house with a loan. The reasons are as follows:

1. First of all, the borrower applying for a loan needs to have a housing provident fund account that has been established for more than one year, and also needs to have normal The housing provident fund has been paid in full for more than one year. The normal payment mentioned here refers to: monthly continuous payment, prepayment and repayment of housing provident fund;

2. Secondly, after meeting the above conditions, the provident fund account of the borrower when applying for a loan must be in The status of housing provident fund payment;

3. In addition, for units that have been approved by the core and are in a deferred payment status, their employees must have established a housing provident fund account for one year or more, and have paid the full amount normally. You can apply for a loan if you have saved the housing provident fund for more than one year.

Although loan conditions are not exactly the same across the country, generally loan applicants need to meet the following conditions:

1. In accordance with the standards stipulated by the core housing provident fund management of each province and city, continuous deposits must be made If the sufficient housing provident fund meets the standards, and neither the borrower nor his spouse has housing provident fund loan debt, and has not provided loan guarantees or auxiliary loans to other provident fund borrowers, he or she can apply for a housing provident fund loan;

2. The purpose of applying for a provident fund loan is: to purchase, construct, renovate, overhaul and decorate urban self-occupied housing. The house owner or the person with the right to use the house who purchased public housing; the immediate family member who lives with the owner of the house or the person with the right to use the house*** can apply for a provident fund loan;

3. The borrower must have Stable income, good personal credit, and the ability to repay the principal and interest of the loan;

4. Have the relevant procedures for purchasing, constructing, renovating, overhauling and decorating self-occupied housing and the land, construction, planning and other departments Approval documents and stipulated proportion of self-financing.

5. Provide guarantees that comply with the provisions of the Civil Code and are recognized by the management core;

6. Other specified conditions.

To sum up, you need to pay the housing provident fund for more than one year before you can get a loan to buy a house. One of the conditions for applying for a provident fund loan to buy a house is that the lender needs to pay the housing provident fund in full and normally for more than one year.

Legal basis:

Article 13 of the "Housing Provident Fund Management Regulations"

The housing provident fund management center shall establish a special housing provident fund account in the entrusted bank.

The unit shall register the payment and deposit of housing provident fund with the housing provident fund management center, and handle the procedures for setting up housing provident fund accounts for the employees of the unit. Each employee can only have one housing provident fund account.

The housing provident fund management center should establish a detailed account of employees’ housing provident funds to record the deposits, withdrawals, etc. of individual employees’ housing provident funds.

Article 14

A newly established unit shall register with the Housing Provident Fund Management Center within 30 days from the date of establishment, and shall register with the Housing Provident Fund Management Center within 20 days from the date of registration. , handle the procedures for setting up housing provident fund accounts for the employees of the unit.

If a unit merges, splits, cancels, dissolves or goes bankrupt, the original unit or liquidation organization shall handle the change registration or deregistration with the Housing Provident Fund Management Center within 30 days from the date of occurrence of the above circumstances, and shall handle the registration change itself. Within 20 days from the date of proper registration change or deregistration, the housing provident fund account transfer or sealing procedures shall be handled for the employees of the unit.