Personal provident fund can not be used to pay off debts, the specific provisions are as follows:

"Regulations on the Management of Housing Provident Fund" Article 5 The housing provident fund shall be used for the purchase, construction, renovation and overhaul of owner-occupied housing by employees, and no unit or individual may use it for other purposes.

The provident fund can only be used to buy a house, and the court will not force you to repay the provident fund.

If you want to extract, you need to go through the following process:

Purchase of commercial housing (including second-hand housing), construction, renovation, overhaul and lease of owner-occupied housing.

Required information:

(a) the purchase of commercial housing (including second-hand housing)

1. payer's ID card, housing provident fund reconciliation account book, bank account and individual housing provident fund deposit and withdrawal application form;

2. Real estate license (the purchase of pre-sold commercial housing can provide a commercial housing sales contract filed by the real estate administrative department);

3. Purchase invoices;

4. Mortgage loan contract (need to repay the loan principal and interest, no loan is needed).

(two) the construction, renovation and overhaul of self occupied housing.

1. payer's ID card, housing provident fund reconciliation account book, bank account and individual housing provident fund deposit and withdrawal application form;

2. Land certificate;

3. Planning permit;

4. Invoice settlement;

5. Housing safety appraisal certificate issued by a qualified institution (please pay attention to point 7 for the need of overhaul of self-occupied houses);

6. Mortgage loan contract (required when repaying the loan principal and interest, but not required when there is no loan).

(3) renting a house

1. Payer's ID card, housing provident fund reconciliation account book, bank account (please note point 6), and individual housing provident fund deposit and withdrawal application form;

2, real estate administrative departments or authorized departments for the record of the housing lease contract;

3. Rent invoice.

Can two suites and two suites use provident fund loans?

You can use the provident fund loan to buy a second suite. However, if you want to use the provident fund loan to buy a second suite, there will be the following restrictions:

1. If the first suite also uses the provident fund loan, and the loan has not been paid off, then the second suite cannot use the provident fund loan;

2. If the first suite also uses the provident fund loan and has paid off the arrears, then you can use the provident fund loan by purchasing the second suite;

3. If the first suite uses a commercial loan, whether it is paid off or not, you can use the provident fund loan to buy the second suite.

What is the down payment ratio between the third suite and the second suite?

For families (including borrowers, spouses and minor children, the same below) who purchase the first self-occupied housing with a construction area of over 90 square meters in Xing Tao, the down payment ratio of the loan shall not be less than 30%; For families who borrow money to buy a second home, the down payment ratio of the loan shall not be less than 50%, and the loan interest rate shall not be less than 1. 1 times of the benchmark interest rate; For the purchase of the third and above houses with loans, the down payment ratio and loan interest rate shall be substantially increased, which shall be determined independently by commercial banks according to the principle of risk management. The People's Bank of China and the China Banking Regulatory Commission should guide and supervise commercial banks to strictly manage housing consumption loans.

Pay attention to the following aspects:

1. Whether the house can be delivered smoothly on schedule after its expiration;

2. The risk of uncertain property rights. For example, after the down payment, whether there are objections or even judicial disputes over the property rights of the house;

3. Whether the bank loan can be successfully approved; Now there are too many disputes arising from the failure to issue loans on time, so we should pay attention in advance. In short, pay more attention to the down payment, and it is recommended to go to the housing management department to sign online.

"Notice of the State Council on Resolutely Curbing the Excessive Rise of Housing Prices in Some Cities" is ineffective in stabilizing housing prices and promoting the construction of affordable housing, affecting social development and stability, and should be held accountable.

4. Can the provident fund be used for down payment?

The balance in the provident fund account cannot be directly used to pay the down payment for house purchase. Because the principle of using the provident fund is "consume first and then withdraw", that is, the provident fund can only be withdrawn after the purchase behavior occurs. 1. If you buy a house with a loan, you can go through the formalities of withdrawing the provident fund with the original and photocopy of the loan contract, the original and photocopy of the house purchase contract and the original and photocopy of the down payment invoice after the house purchase, so as to relieve the pressure of down payment and monthly payment. 2. The borrower purchases affordable housing, low-rent housing, fund-raising cooperative housing and other policy housing. , you can apply for a one-time withdrawal of housing provident fund from the employee's own account and transfer it to the employee's personal savings account to pay the down payment for house purchase.

legal ground

Regulations on the administration of housing provident fund

Article 4 The management of housing provident fund shall follow the principles of decision-making by the housing provident fund management committee, operation of the housing provident fund management center, special account storage and financial supervision.

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 6 The deposit and loan interest rate of housing provident fund shall be proposed by the People's Bank of China, and submitted to the State Council for approval after consulting the construction administrative department of the State Council.