The housing provident fund refers to the housing savings fund paid jointly by urban employers and current employees.

The provident fund is compulsorily paid in accordance with national requirements. Although the housing provident fund is also part of the employee's salary, it needs to be deposited into the provident fund's personal account. It needs to be in accordance with the special principle and only meets the use of specific provident funds. It can be withdrawn through certain procedures.

The establishment of the housing provident fund is mainly to solve the housing problem of urban employees.

What are the conditions for provident fund loans?

1. The borrower needs to have a local household registration or residence certificate when applying for a provident fund loan; 2. If the borrower needs to purchase, build, and overhaul a house for a provident fund loan, the loan amount should be determined based on the size of the house.

If the house area is less than 90_, if the house area is 90-1444, you can borrow 80% of the funds_, if it exceeds 1444, you can borrow 70% of the funds_, and you can only borrow 60% of the money; 3. The borrower should have good

Economic strength, ability to repay the loan, and good credit; 4. The borrower should be allowed to use the property as collateral or provide other assets for pledge; 5. The borrower's provident fund deposits must meet the loan conditions.