the provident fund can be used to offset the mortgage.

However, the following conditions need to be met:

1. Individuals must have paid the provident fund for more than 12 months;

2. There must be a housing loan in the name of the individual;

3. The amount of housing loan repaid by withdrawing provident fund cannot exceed 6% of the balance of individual provident fund account.

The following materials are required for housing provident fund loans:

1. The original and photocopy of the resident ID card and household registration book of the borrower and the borrower (* * * the same as the borrower and guarantor) and the * * * same repayment commitment letter; Proof of marital status (if married, provide a copy of marriage certificate, and other information shall be issued by the unit or police station); Legal commercial housing purchase contract or agreement; Personal credit certificate provided by the borrower and the borrower's unit.

2. The bank accepts and examines the loan application with complete information in time and submits it to the provident fund center in time. The provident fund center is responsible for approving loans and informing banks of the approval results in a timely manner.

The process of housing mortgage with provident fund is as follows:

1. Preliminary review: The housing fund management center will conduct a preliminary review of the materials submitted by the applicant, including the applicant's qualification, loan amount and loan term. After passing the preliminary review, the center will issue a Notice of Collateral Review and Evaluation.

2. Appraisal: The applicant will go to the appraisal institution designated by the center with the Notice of Collateral Examination and Appraisal to appraise the value of the purchased house. Affordable housing does not need to be evaluated.

3. Review: The applicant will go to the center to review the loan with the Appraisal Report issued by the appraisal agency and the preliminary examination materials required by the center. If it is qualified, the center will issue the Notice of Investigation on Entrusted Loan Guaranteed by Housing Fund Management Center.

4. Go through the guarantee formalities: The applicant holds the Notice of Investigation on Entrusted Loan Guaranteed by Housing Fund Management Center and goes through the guarantee formalities according to the guarantee method he chooses. If mortgage+guarantee is selected, the guarantor shall issue a written letter of guarantee; If you choose mortgage+insurance or third-party guarantee, you should apply for insurance at an insurance company or go through the formalities of entrusted guarantee at a guarantee institution.

5. sign a loan contract.

6. The housing fund management center and the entrusted bank sign an entrusted loan agreement.

7. The borrower directly submits a loan application to the housing fund management center, and the entrusted industry can collect the borrower's application materials on behalf of the borrower according to the needs and submit them to the housing fund management center for review and approval.

8. After the housing fund management center has approved the amount, term and interest rate of each loan, it will sign an entrusted loan contract with the entrusted bank.

9. According to the entrusted loan contract, the entrusted bank shall go through the loan procedures after signing the Mortgage Contract for Housing Provident Fund Entrusted Loan, Pledge Contract for Housing Provident Fund Entrusted Loan and Guarantee Contract for Housing Provident Fund Entrusted Loan with the borrower respectively.

1. The entrusted bank directly transfers the loan to the designated account opened by the seller in the entrusted bank.

to sum up, when the buyers withdraw the provident fund to repay the housing loan, they need to provide relevant supporting materials, such as the purchase contract and the housing loan contract. Different banks and regions may be different. Buyers need to consult relevant institutions or local provident fund management centers to understand the specific operating procedures and regulations.

Legal basis:

Regulation of the People's Republic of China on the Administration of Housing Provident Fund Article 1

These Regulations are formulated in order to strengthen the administration of housing provident fund, safeguard the legitimate rights and interests of housing provident fund owners, promote urban housing construction and improve the living standard of urban residents.

article 2

these regulations are applicable to the deposit, withdrawal, use, management and supervision of housing provident fund in the people's Republic of China. The term "housing provident fund" as mentioned in these Regulations refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations (hereinafter referred to as units) and their employees.