After buying a house with a commercial mortgage loan, you can use the money in the provident fund for other purposes if you meet the conditions. Withdrawable balance of housing provident fund account: 1, purchase, construction, renovation and overhaul of self-owned housing; 2. Retired; 3, completely lose the ability to work, and terminate the labor relationship with the unit; 4. Settled abroad, Hong Kong, Macao and Taiwan; 5. Repay the principal and interest of the housing loan; 6. Incorporate into the minimum living guarantee scope of urban residents in this Municipality and pay the rent; 7, employees were sentenced to punishment during their employment, employee housing provident fund was transferred to centralized storage households for two years but not re-employed, employee accounts moved out of the city, non-registered employees left the city and terminated labor relations with their units. Provident fund withdrawal process: 1. The unit manager goes to the banking service outlets to receive and purchase the application for withdrawal of housing provident fund and cash (transfer) cheque; 2. When employees apply for withdrawal of housing provident fund, they shall provide relevant certification materials to the unit in accordance with regulations. After verification, the unit shall fill in the Application for Withdrawal of Housing Provident Fund and cash (transfer) cheque, and affix the reserved seal. When employees who have individual accounts of housing provident fund in centralized households in the management center withdraw housing provident fund, they should bring relevant supporting materials directly to the business hall of the management center or the counter of the management department of the district and county sub-centers to apply; 3. Employees shall, in accordance with regulations, bring the Application Form for Withdrawing Housing Provident Fund and relevant supporting materials to the banking service outlets (district and county sub-center management departments) to apply for withdrawing housing provident fund; 4. After the information provided by the staff is qualified, the staff will extract and review the staff, print the acceptance receipt and submit it to the staff for confirmation, and submit the copy of the acceptance receipt 1 and the original supporting materials to the staff; 5, the extraction of housing provident fund into the employee's own housing provident fund joint card savings account.

Legal objectivity:

How to extract the storage balance in the housing provident fund account from the employee housing provident fund is verified by the unit and the extraction certificate is issued. Twenty-fifth workers from the housing provident fund account balance, verified by the unit and issued a certificate of extraction. Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures. Related knowledge content If an employee has one of the following circumstances, he can withdraw the storage balance in the employee housing provident fund account: (1) purchasing, building, renovating or overhauling the 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.