Legal subjectivity:

Many home buyers now choose to use provident fund loans to buy houses because it is more convenient. However, some people also want to apply for provident fund loans, but they also I don’t want to buy a house, is that okay? Provident fund loans are very beneficial to many people. So, can provident fund loans be used without buying a house? What information do I need to prepare for a provident fund loan? Let’s take a look with the editor of the French Open. 1. You cannot get a loan if you do not buy a house. The housing provident fund is a special fund used for commercial housing loans and housing management and cannot be used for loans for other purposes. As the name suggests, the housing provident fund is related to housing and is used for house purchase and decoration. This does not apply to things that are not directly related to housing. 2. You can apply for a commercial loan and then withdraw the provident fund to pay off the commercial loan. If you do not want to buy a house, you can apply for provident fund in the name of renting a house or overhauling a house, serious illness, resignation, retirement, etc. The provident fund is earmarked for special purposes. Provident fund loans can only be used by families to purchase houses. It is also stipulated that if you buy commercial housing or shops, you cannot use provident fund loans. 3. Housing consumption withdrawals: those who purchase self-owned housing such as commercial housing, private housing, affordable housing, and limited-price commercial housing; those who build, renovate, and overhaul self-owned housing on rural collective land; those who repay the principal and interest of self-owned housing loans; none Employees without housing loans rent houses. Withdrawals for non-housing consumption: those who retire or retire; those who leave the country to settle; those who terminate the labor contract with the unit and seal it for two years. 4. Those who receive unemployment insurance benefits; those who have completely (or mostly) lost the ability to work or are severely disabled (first- or second-level disability) and have terminated their labor relationship with the employer; those who have been sentenced to a criminal penalty and have terminated their labor relationship with their employer; those who have moved their household registration Those who left the city and terminated the labor relationship with the unit; those who registered overseas and terminated the labor relationship with the unit; those who died or were declared dead; those who were included in the scope of lower living security or special poverty relief for urban residents in this city; family members (individuals) , spouse, minor children) suffer from serious diseases. So the above is an introduction to whether you can use provident fund loans without buying a house. Provident fund loans cannot be borrowed casually. The process of using provident fund loans to buy a house is relatively troublesome. You must understand it before applying to avoid making mistakes during the application. It is a mistake that will affect your future use of the house. Generally speaking, if you don't buy a house but use it for other purposes, you will definitely not be able to get a provident fund loan. The law is objective:

"Housing Provident Fund Management Regulations"

Article 24

If an employee has any of the following circumstances, he or she may withdraw money from the employee's housing provident fund account The storage balance:

(1) Purchase, build, renovate or overhaul a self-occupied house;

(6) The rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, if the employee housing provident fund is withdrawn, the employee housing provident fund account shall be canceled at the same time. If an employee dies or is declared dead, the employee's heirs or legatees can withdraw the balance in the employee's housing provident fund account;

If there is no heir or legatee, the balance in the employee's housing provident fund account can be withdrawn Included in the value-added income of the housing provident fund.

"Housing Provident Fund Management Regulations"

Article 25

If an employee withdraws the balance in the housing provident fund account, the unit where he works shall verify it and Issue a withdrawal certificate.

Employees should apply to the Housing Provident Fund Management Center to withdraw housing provident funds with the withdrawal certificate. The Housing Provident Fund Management Center shall make a decision to approve or disallow the withdrawal within 3 days from the date of accepting the application, and notify the applicant;

If the withdrawal is approved, the entrusted bank shall handle the payment procedures.

"Housing Provident Fund Management Regulations"

Article 24

If an employee has any of the following circumstances, he or she may withdraw the balance in the employee's housing provident fund account :

(1) Purchasing, constructing, renovating or overhauling self-occupied housing;

(6) The rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, if the employee housing provident fund is withdrawn, the employee housing provident fund account shall be canceled at the same time. If an employee dies or is declared dead, the employee's heirs or legatees can withdraw the balance in the employee's housing provident fund account;

If there is no heir or legatee, the balance in the employee's housing provident fund account can be withdrawn Included in the value-added income of the housing provident fund.

"Housing Provident Fund Management Regulations"

Article 25

If an employee withdraws the balance in the housing provident fund account, the unit where he works shall verify it and Issue a withdrawal certificate.

Employees should apply to the Housing Provident Fund Management Center to withdraw housing provident funds with the withdrawal certificate. The Housing Provident Fund Management Center shall make a decision to approve or disallow the withdrawal within 3 days from the date of accepting the application, and notify the applicant;

If the withdrawal is approved, the entrusted bank shall handle the payment procedures.