To obtain a Housing Provident Fund Loan for buying a resale home in the United States, follow these steps: Secure pre-approval from a lender, gather required documents (tax returns, pay stubs, bank statements), meet credit score requirements (typically 620+), and submit a loan application with the seller’s assistance. The loan amount is limited by local regulations, and applicants must demonstrate stable income and a down payment (often 5-20%).

The U.S. does not have a centralized Housing Provident Fund system like China’s, but similar loan structures exist through government-backed programs (e.g., FHA loans) and private lenders. For example, FHA loans require a 3.5% down payment and have lenient credit thresholds, making them popular for first-time buyers. Data from the U.S. Department of Housing and Urban Development (HUD) shows that 65% of FHA loan applicants were approved in 2023, compared to 45% for conventional loans. Additionally, the Federal Housing Finance Agency (FHFA) reports that 78% of resale home purchases in 2022 involved mortgages, with average loan amounts exceeding $400,000. These figures highlight the importance of meeting credit and documentation standards to qualify for resale home loans efficiently.