1. Can I use provident fund loans for the renovation of new houses?
1, provident fund loans can be used for renovation of new houses.
2. Employees who have paid the housing provident fund according to law may apply for housing provident fund loans from the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The risk of housing provident fund loans shall be borne by the housing provident fund management center.
3. Legal basis: Regulations on the Management of Housing Provident Fund.
Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans to 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.
Second, what is the mortgage loan process for second-hand housing transactions?
1, determine the mortgage service company and loan scheme. Before handling the loan, the borrower needs to determine the mortgage service company with the intermediary, consult the mortgage service company for loan and determine the loan scheme.
2. Inquire about provident fund (if provident fund loans are needed). After the seller confirms the purchase intention, the borrower provides the provident fund account number, and the mortgage service company inquires about the provident fund to determine the loanable amount and loan term.
3. Signing a house sales contract The borrower and the seller sign a house sales contract.
4. Prepare loan information and review loan eligibility.
The mortgage service company shall assist the borrower to prepare the loan information according to the requirements of the bank, and some houses need to be appraised by an appraisal company; And the mortgage service company will conduct a preliminary audit.
5. Sign loan agreement, notarization and insurance.
The mortgage service company will submit the loan information after the preliminary examination to the loan bank for review. After approval, the mortgage service company will arrange for the borrower to sign a loan agreement with the bank and notarize the agreement, and collect fees, including home insurance fees.
6. Handling the house transfer and mortgage procedures The borrower goes to the trading center in the area where the house is located to handle the house transfer and mortgage procedures, and submits the mortgage receipt to the loan bank through the mortgage service company.
7. Apply for real estate license and mortgage certificate. After the lender's real estate license and other rights certificates are issued, the mortgage service company will hand over a copy of your real estate license and the original of other rights certificates to the bank.
8. After the bank loan bank receives the above two certificates from the borrower, the mortgage service company will issue the loan amount to the borrower.
In the transaction of commercial housing, the developer should bear the liability for breach of contract if he fails to deliver the house on time, and how to compensate specifically.
Three, under what circumstances can I withdraw the storage balance in the employee housing provident fund account?
In any of the following circumstances, employees may withdraw the storage balance 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.
In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.