2. Comprehensive calculation of loan withdrawal. Employees who purchase self-occupied housing and apply for loans to withdraw housing provident fund shall not exceed the total purchase price. Housing provident fund withdrawal should be handled in one lump sum before applying for a loan.
3. Extend the loan term. The loan period is extended to 5 years after the borrower's statutory retirement age. Workers who normally deposit housing provident fund in the city housing provident fund management center, who have not applied for housing provident fund loans when buying self-occupied housing or working in this city, and whose commercial housing loans are not settled, can apply for converting commercial housing loans into housing provident fund loans (hereinafter referred to as business-to-business loans). The applicant for business transfer must be the borrower or property owner of the commercial housing loan.
Legal basis: Regulations on the Management of Housing Provident Fund
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.
Eighteenth employees and units housing provident fund deposit ratio shall not be less than 5% of the average monthly salary of employees in the previous year; Conditional cities can appropriately increase the deposit ratio. The specific deposit ratio shall be drawn up by the Housing Provident Fund Management Committee and submitted to the people's governments of provinces, autonomous regions and municipalities directly under the Central Government for approval after being audited by the people's governments at the corresponding levels.