there are two ways to buy a house with provident fund, one is to use provident fund loans, and the other is to withdraw provident fund for repayment. The specific methods are as follows:

1. Provident fund loan: When applying for a loan to buy a house, you can use the provident fund to apply for a loan if the conditions are met. As a policy loan, the interest rate of provident fund loan is low, and the interest rate of provident fund loan is about 2 percentage points lower than the benchmark interest rate of commercial bank housing loan.

2. Withdraw the provident fund for repayment: the balance in the provident fund account can be used to repay the loan, whether it is a provident fund loan or a commercial loan, you can apply for withdrawing the provident fund to repay the monthly payment.

1. The process of housing provident fund purchase is as follows:

1. Apply for provident fund loan, and the borrower submits the loan application to the provident fund management core as required, and provides the information needed for the loan.

2. The core of the provident fund loan is initially examined. After accepting the borrower's application, the provident fund management core will review the borrower's qualification, loan amount, loan term, loan information and other information, and give opinions.

3. Credit investigation of provident fund loans. After the preliminary examination of the core of provident fund management, the undertaking bank of provident fund loans will conduct a credit investigation of borrowers before lending. After the investigation is completed, the loan bank will put forward opinions, and fill in the investigation and approval form for individual housing provident fund loans and portfolio loans and send it to the relevant personnel for approval.

4. After signing the provident fund loan contract, if the borrower passes the examination, he will receive a notice from the loan undertaking bank. At this time, the borrower only needs to carry the ID card, account book, bank account number and other materials in accordance with the specified time, and go to the undertaking bank to sign the loan contract.

5. Go through the formalities of home insurance and mortgage registration. After signing the loan contract, the borrower shall go through the formalities of insurance and mortgage registration as required, and the expenses arising therefrom will be borne by the borrower himself.

6. Waiting for the transfer of the provident fund loan, the loan undertaking bank will transfer the loan to the account designated by the borrower and the seller on the date agreed in the contract after confirming that the mortgage registration has been completed and the loan contract has come into effect, and send the loan receipt to the borrower.

Second, the amount of housing provident fund loans is as follows:

1. Most cities have stipulated a higher amount of individual housing provident fund loans, such as Chengdu, where the higher amount of individual housing provident fund loans is 4, yuan;

The personal loan amount of Guangzhou housing provident fund is 5, yuan, and that of Beijing housing provident fund is 8, yuan. If it is rated as 3A, it can reach 8, * (1+3%) = 1.4 million.

Secondly, the loan amount of housing provident fund is relatively high and does not exceed 7% of the total house price;

2. Loan amount formula of housing provident fund: the sum of the individual monthly contributions of the borrower and the spouse's provident fund is divided by the actual contribution ratio multiplied by 12 (months) multiplied by .45 (repayment ability coefficient) multiplied by the loan term (long loanable period)

3. If the contribution ratio of the husband and wife is inconsistent, the actual contribution ratio shall be determined by the one with the higher ratio. Not higher than the loan limit determined according to the repayment ability of the loan applicant and spouse. To apply for provident fund loans, the monthly repayment/monthly income should be no more than 5% (in which: monthly repayment includes the sum of monthly repayment of existing liabilities and current liabilities).

to sum up, there are two ways to buy a house from the provident fund, one is to use the provident fund loan, and the other is to withdraw the provident fund for repayment. The process of buying a house with provident fund loan is first to submit an application for provident fund loan, followed by the preliminary examination of provident fund loan, and finally to sign a provident fund loan contract.

Legal basis:

Article 5 of the Regulations on the Administration of Housing Provident Fund

The housing provident fund shall be used for employees to purchase, build, renovate or overhaul their own houses, and no unit or individual may use it for other purposes.

Article 24

In any of the following circumstances, employees may withdraw the storage balance in the employee housing provident fund account:

(1) purchasing, constructing, renovating or overhauling their own houses;

(2) retired;

(3) completely losing the ability to work and terminating the labor relationship with the unit;

(4) leaving the country to settle down;

(5) repaying the principal and interest of the house purchase loan;

(6) the rent exceeds the prescribed proportion of family wage income.

in accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time.

if an employee dies or is declared dead, the employee's heirs and legatee can withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account will be included in the value-added income of the housing provident fund.