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, and the housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.

The conditions for housing provident fund loans are as follows:

1, and the housing accumulation fund has been paid in full for one year continuously;

2, unused housing provident fund loans or provident fund loans paid off for a full year;

3. Both husband and wife have not withdrawn the housing accumulation fund in the last year;

4. Purchase legal self-occupied housing and sign a formal standard housing sales contract, which has been verified by relevant departments;

5. Agree to mortgage the purchased house or guarantee it according to the guarantee method approved by the Center.

To sum up, employees 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, and the housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.

Legal basis:

Article 26 of the Regulations on the Management of Housing Provident Fund

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.

The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.

The risk of housing provident fund loans shall be borne by the housing provident fund management center.