At the moment when you plan to purchase a family through a loan, a programme called the Provident Fund loan can help you to ease your burden. But the question is, what can you do if you find that there is a ceiling on the level of the Provident Fund loan and if you find that the amount of the loan is not sufficient

How are we going to solve this problem when we don't have enough equity

First, you could consider increasing the down payment rate. It would be a good option to try to increase the share of down payments if you have an insufficient amount of a Provident Fund loan, but your economic strength is acceptable. When you raise the down payment, the need for a Provident Fund loan is reduced. But you must ensure that there is enough economic power to cover higher down payments。

Second, lowering the total house price can also help to relieve stress. Most people are under pressure when facing down payment. If you cannot give more down payment, perhaps you can adjust the demand for a house, such as a smaller house or a cheaper unit。

Thirdly, increasing the amount of public funds deposits is also a strategy. The Provident Fund loan line is directly related to the Provident Fund account balance. If you are not in a position to apply for more Provident Fund loans because of insufficient deposits, then you can leave the purchase of the house for a while and keep the fund in reserve for a certain period of time, pending an increase in deposits in the Provident Fund account。

Fourth, try the portfolio. If the amount of the Provident Fund loan is not sufficient, you can also consider applying for a portfolio loan, i.e. a commercial loan to cover the shortfall。

Finally, a joint application for a loan by both spouses is a good method. If the amount of the Provident Fund loan is not sufficient, an attempt can be made to obtain co-borrowers, such as spouses, in order to apply for the loan jointly using the balance of both parties。

As for how to check the amount of a personal Provident Fund loan, it is very simple to call the hotline of the local Provident Fund centre and inform the service providers of their information, who will account for the amount of a possible loan on the basis of such information as the balance of your Provident Fund account。