Legal analysis: originally renovated houses can withdraw provident fund, but they cannot use provident fund loans. Housing provident fund loans can only be used for the purchase, construction, renovation and overhaul of self-occupied housing. Provident fund loans refer to loans enjoyed by employees who pay housing provident fund. According to national regulations, all employees who pay housing provident fund can apply for provident fund loans according to the relevant provisions of provident fund loans. Generally, you can buy a house with a provident fund loan after one year of payment. When the new house comes down, the decoration is also a big expense. If necessary, the bank will also have special decoration loans to choose from. At the same time, you can choose a professional decoration company to design reasonably and save money. Compared with similar decoration companies, Jutong has higher cost performance; Jutong's quotation service system adopts digital systematic management to provide consumers with accurate price experience. House decoration can use provident fund loan, which is another form besides provident fund loan in mortgage to buy a house. The provident fund used for decoration must meet the following conditions: Generally speaking, the area of the house to be renovated is more than 70 square meters, and the age of the house is within 15 years.

Legal basis: Article 24 of the Regulations on the Management of Housing Provident Fund stipulates and restricts that housing provident fund can be withdrawn from four acts: purchase, construction, renovation and overhaul.

Can the provident fund be decorated by loan?

The provident fund can be renovated by loan, and the renovation of the provident fund must meet the following conditions: 1, and the housing area and age meet the requirements. 2. The quota is standard. 3. You can't apply for a new provident fund housing loan without paying off the provident fund decoration loan. 4. In the first two months, you need to deposit cash in the repayment account before you can offset it with the provident fund.

Can I use provident fund loans for the renovation of new houses?

Yes, you can. Provident fund loans refer to loans enjoyed by employees who pay housing provident fund. According to the national regulations, all employees who have paid the provident fund can apply for provident fund loans according to the relevant provisions of provident fund loans. When buying, building, renovating or overhauling owner-occupied housing in cities and towns in this city, you can apply for housing provident fund loans from the bank with my own property housing as collateral and as a loan repayment guarantee.

legal ground

Article 26 of the Regulations on the Management of Housing Provident Fund stipulates that employees who have paid housing provident fund can apply for housing provident fund loans from 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.

Can the provident fund be loaned to decorate the house?

Housing provident fund cannot be used for loan decoration of houses, because the decoration of houses is not within the scope of use of housing provident fund. It should be noted that although the housing accumulation fund can be used to purchase, build, renovate and overhaul occupied houses, the meanings of overhaul and decoration are different.

Overhaul refers to a kind of house reinforcement and repair behavior that needs to affect or dismantle some main components of the house, but does not need to dismantle all the houses; Decoration refers to the surface decoration behavior and internal decoration behavior of the original housing structure.

In real life, employees applying for provident fund loans are mostly used to buy houses. If there is not enough money to decorate the house, it is recommended to apply for a decoration loan directly from the bank, or apply for a consumer loan from other licensed financial institutions, or the bank provides a large-scale special installment service for credit cards, or apply for a credit card home improvement installment.

In addition to purchasing, building, rebuilding and overhauling self-occupied houses, housing provident fund can also be used to repay the principal and interest of housing loans, and households without houses can also be used to pay rent beyond the prescribed proportion of family income.

Extended data:

Personal application for provident fund loan process:

Individuals who need to buy a house, build a decorated house, rent a house or decorate a house can apply for a provident fund loan. The specific process is as follows:

1. The borrower brings all the loan materials, submits a written application to the outlet of the local housing provident fund management center, and fills in the Housing Provident Fund Loan Application Form;

2, housing provident fund is responsible for the loan qualification, guarantor qualification, loan amount, loan period review;

3. After passing the examination, the borrower signs relevant loan contracts and agreements and handles insurance;

4. The Housing Provident Fund Center issues a loan approval notice to the bank, and entrusts the bank to sort out the materials to the real estate transaction department for mortgage pledge procedures;

5. After the mortgage pledge certificate comes out, the bank sorts out the borrower's materials and sends them to the provident fund management institution for re-examination;

6. Pass the bank loan review.

Note that you cannot apply for provident fund loans in the following four situations:

1, the building structure is brick-wood structure and mixed structure;

2. Use for non-residential houses and low-density commodity houses;

3. Have used housing provident fund loans twice;

4 do not meet the conditions of other provident fund loans.

Application conditions for provident fund loans:

Provident fund loans are loans that employees who pay housing provident fund can enjoy. As long as you pay the provident fund, you can apply for individual housing provident fund loans in accordance with the relevant provisions of provident fund loans. The application conditions for provident fund loans are as follows:

1. The applicant has a permanent residence in this city or a valid residence certificate.

2. The applicant must continuously deposit the housing provident fund in full for at least 12 months before the application, or continuously deposit it for more than 12 months after withdrawing the provident fund.

3. Applicants need to have a legal and stable job and income, a stable economic income and the ability to repay loans.

4. The applicant shall have the contract or relevant supporting documents for purchasing, building, renovating and overhauling the self-occupied ordinary house in this city.

5. The applicant's personal credit should be good, meet other conditions stipulated by the provident fund center, and agree to guarantee according to the guarantee method recognized by the provident fund center.

6. If it is husband and wife, then both husband and wife must have no outstanding housing provident fund loans and housing provident fund policy discount loans.

Of course, the provident fund loan policies may be different in different places, so you'd better consult the relevant local departments and take the actual situation as the standard.

Can the provident fund be used to decorate the house?

Housing provident fund can be used to decorate houses.

Provident funds can only be used if they meet the following conditions: self-occupied houses that have been rebuilt or overhauled, employees who have lost or completely lost their ability to work, employees whose household registration has moved out of the administrative region of this province, and employees who have repaid the principal and interest of housing loans.

Provident funds can be used to decorate houses. According to the Regulations on the Management of Housing Provident Fund, citizens can withdraw the housing provident fund from their accounts when purchasing, building, renovating or overhauling their houses. At the same time, if the local provident fund management center allows provident fund loans to decorate, they can also decorate their houses with provident fund loans. Not all areas are allowed to decorate with provident fund loans, which is subject to the regulations of the local provident fund management center.

Housing provident fund can be extracted for decoration. According to the regulations, the balance stored in the housing provident fund account can be used for the purchase, construction, renovation and overhaul of self-occupied housing. However, due to different local policies and regulations, it is recommended to go to the local housing provident fund management center to learn more about the process.

Legal basis: Regulations on the Management of Housing Provident Fund

Article 5 The housing accumulation fund shall be used for the purchase, construction, renovation and overhaul of self-occupied housing by employees, and no unit or individual may use it for other purposes.

Article 16 The monthly deposit amount of employee housing provident fund shall be the average monthly salary of the employee in the previous year multiplied by the deposit ratio of employee housing provident fund.

The monthly deposit amount of housing provident fund paid by the unit for employees is the average monthly salary of employees in the previous year multiplied by the proportion of housing provident fund paid by the unit.

Twenty-fourth employees in any of the following circumstances, you can withdraw the balance of storage in the employee housing provident fund account:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

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