1. what is the housing accumulation fund? What's the use? A: Housing accumulation fund 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 and their employees. Funds paid by social organizations and their employees and stored for a long time to pay for the purchase, construction, renovation and overhaul of self-occupied houses in the future. According to the regulations, the housing accumulation fund can only be used for the consumption of employees' housing and the financing of employees' housing construction funds, and can not be used for other purposes. 2. Under what circumstances can employees withdraw the housing accumulation fund? Answer: In any of the following circumstances, employees can apply for withdrawing the storage balance in their own housing provident fund accounts: (1) purchasing, building, renovating or overhauling the owner-occupied housing with ownership; (2) Repaying the principal and interest of the house purchase loan; (3) renting a house for self-occupation; (4) Retirement (or reaching the statutory retirement age); 5] completely lose the ability to work and terminate the labor relationship with the unit; (6) Leaving the country for settlement; (7) Non-registered employees in this Municipality terminate their labor relations with their units; (8) The registered permanent residence moves out of this city and terminates the labor relationship with the unit where it belongs; (9) Laid-off and unemployed persons, male 45 years old (including 45 years old) and female 4 years old (including 4 years old), who have been laid off and unemployed for more than 12 months; ⑽ If an employee dies or is declared dead, his heirs and legatee can withdraw the balance stored in the employee's housing provident fund account. 3. What should I do if my housing provident fund is insufficient? Answer: When buying, building, renovating or overhauling a self-occupied house, if the housing provident fund in my name is insufficient, you can withdraw the housing provident fund of your spouse, family members of the same household (living) or other immediate family members with the consent of your spouse, family members of the same household (living) or other immediate family members, and after confirmation by the designated financial institution, you can also apply to the housing provident fund management department for a housing provident fund loan. 4. What is an "individual housing provident fund loan"? What are the characteristics compared with other types of loans? Answer: Personal housing provident fund loan refers to a low-interest housing provident fund policy loan applied by people who have implemented the housing provident fund system according to the regulations and used the ordinary self-occupied housing they bought in this city as collateral. Personal housing provident fund implements the policy of "low deposit and low loan", which is calculated according to the legal half-year fixed deposit interest rate, which is much lower than other types of loans. At present, the annual interest rate of provident fund personal housing loans for less than five years (including five years) is 3.6%, and the annual interest rate of personal housing commercial loans is 4.77%; The annual interest rate of personal housing loans with provident fund for more than 5 years is 4.5%, and the annual interest rate of personal housing commercial loans is 5.4%. Low interest rate is the main feature of personal housing provident fund loans. 5. What are the conditions for applying for housing provident fund loans? A: To apply for a housing provident fund loan, you should meet the following conditions: (1) Have a permanent residence in this city or a valid residence certificate; (2) The housing provident fund has been continuously paid for more than half a year before the application, and the accumulated time for paying the provident fund is not less than 2 years; (3) Self-raised funds account for more than 3% (including 3%) of the total house price; (4) Have a stable occupation and a stable source of income, and have the ability to repay the loan principal and interest; (5) signed a contract or agreement to buy a house; (6) Meet other conditions stipulated by the client and the trustee. 6. What materials should be submitted to apply for housing provident fund loans? A: To apply for a housing provident fund loan, the following materials should be submitted: (1) an application for personal loan of housing provident fund; (2) Identity documents (resident identity card, household registration book or other identity documents); (3) The borrower's certificate of stable economic income or other proof of solvency issued by the employer; (4) Legal and effective purchase contract, agreement or other approval documents; (5) List of collateral, ownership certificate and certificate that the obligee agrees to mortgage; (6) The collateral assessment report issued by the real estate assessment agency recognized by the housing provident fund management department; (7) A written commitment issued by the guarantor to provide the guarantee and the guarantor's credit certificate; (8) Relevant certificates of self-raised funds used by the borrower to pay the down payment for housing purchase; (9) Other documents and materials stipulated by the housing provident fund management department 7. How to apply for housing provident fund loans? Answer: The following steps should be followed in handling housing provident fund loans: (1) The borrower can submit a written loan application and relevant materials to the loan bank, which will submit it to the housing provident fund management department for examination and approval, or directly apply to the housing provident fund management department for examination and approval; (2) The borrower approved by the housing provident fund management department signs a loan contract and a guarantee contract with the loan bank, and goes through mortgage registration, insurance, notarization and other related procedures; (3) According to the loan contract, the loan bank will transfer the loan to the special account for house sales set up by the developer in the loan bank at one time or several times, or directly transfer it to the deposit account opened by the borrower in the loan bank; (4) The borrower opens a repayment account in the loan bank and repays the loan principal and interest as scheduled according to the repayment method and repayment plan agreed in the loan contract; (5) After the loan is settled, the borrower obtains the "loan settlement certificate" from the loan bank, retrieves the mortgage registration certificate and the original insurance policy, and goes through the mortgage registration cancellation procedures at the original mortgage registration department. 8. What are the restrictions on the amount and duration of the housing provident fund loan? A: According to the Measures for the Administration of Individual Housing Loans, the maximum amount of housing provident fund loans shall not exceed twice the amount of housing provident fund paid by the borrowing family members within the retirement age. At present, the maximum amount of provident fund loans in Guangzhou is 7% of the total purchase price or evaluation price (calculated according to the low value), and the total amount shall not exceed 25, yuan. According to the regulations, employees who are unemployed cannot apply for housing provident fund loans.