Stop provident fund loans: In order to do a good job in epidemic prevention and control, strictly implement local epidemic prevention and control requirements, and ensure the health of working people, the on-site business of the loan center will be suspended from now on, and the recovery time will be announced separately.

After the provident fund loan, does it affect the loan if the provident fund is broken?

After the provident fund loan, the termination of the provident fund has no effect on the successful provident fund loan, because once the provident fund loan contract is signed, it will not be easily terminated. As long as the lender can repay the loan on schedule every month, the bank will not care whether there is money in your provident fund account or whether the personal provident fund is still being paid.

Resignation after the provident fund loan or suspension or even sealing of the provident fund loan will not affect the provident fund loan, nor will it affect the loan interest rate, but the lender should charge the loan card on time so as not to affect the loan deduction. However, when the diplomatic relations are broken for three consecutive months, the provident fund management center has the right to terminate the provident fund loan contract or implement the commercial loan interest rate. The general housing provident fund management center will first order the outstanding housing provident fund to be paid in full monthly during the loan period.

Refused to pay, from the housing provident fund loans have been issued to recover or implement the commercial loan interest rate. The impact of the suspension of provident fund payment on loans is mainly manifested in these two aspects:

(1) Units that are in arrears for more than 3 months (including 3 months) will be suspended from accepting applications for individual housing loans from housing provident funds.

(2) For borrowers who have applied for provident fund loans, according to the Housing Provident Fund Entrusted Loan Contract, the Provident Fund Management Center has the right to terminate the loan contract and require the borrowers to pay off the housing provident fund loans in advance.

Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.

From July 1 2065438, all housing provident fund management centers in China will handle the transfer and connection of housing provident fund in different places through the platform in accordance with the requirements of the National Operating Rules for the Transfer and Connection of Housing Provident Fund in Different Places issued by the Ministry of Housing and Urban-Rural Development.

On 202 1 July1day, the Ministry of Housing and Urban-Rural Development of the People's Republic of China confirmed the national housing provident fund service logo and decided to start it from now on.

Definition:

Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.

The definition of housing provident fund includes the following five aspects:

Housing:

(1) The housing accumulation fund is only established in cities and towns, and the housing accumulation fund system is not established in rural areas.

(2) Only on-the-job employees can establish the housing accumulation fund system. Unemployed urban residents and retired workers do not implement the housing provident fund system.

(3) The housing accumulation fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee. After the employee's individual deposit is withheld by the unit, it will be deposited into the individual account of the housing provident fund together with the unit deposit.

(4) The long-term nature of housing provident fund deposit. Once the housing provident fund system is established, employees must be paid continuously in accordance with the regulations during their employment, and shall not be suspended or interrupted except for employees' retirement or other circumstances stipulated in the Regulations on the Administration of Housing Provident Fund. It embodies the stability, unity, standardization and compulsion of housing provident fund.

(5) The housing accumulation fund is a personal housing savings fund specially used by employees for housing consumption expenditure according to regulations, which has two characteristics:

First, it is cumulative, that is, the housing provident fund is not an integral part of employees' wages, and it is not paid in cash. It must be deposited in a special account opened by the housing provident fund management center in the entrusted bank, and special account management is implemented.

The second is special. The housing provident fund is earmarked for special purposes and can only be used for the purchase, construction, overhaul of self-occupied housing or the payment of rent during storage. Only when employees leave, retire, die, completely lose their ability to work, terminate their labor relations with their units or move out of their original cities can they withdraw housing provident fund from their accounts.

If the provident fund stops, what is the impact of applying for a mortgage?

Legal Analysis: For borrowers who have applied for provident fund loans, according to the Housing Provident Fund Entrusted Loan Contract, if the housing provident fund loan borrowers fail to pay the housing provident fund in full and on time for three consecutive months or six months in total, the provident fund management center has the right to terminate the loan contract and require the borrowers to pay off the housing provident fund loans in advance. The provident fund may be suspended for many reasons, such as job changes, but if you had a mortgage at that time, it wouldn't matter. Because the provident fund loan contract is equivalent to a fixed-term contract when you borrow money, the interest rate will not change because of your provident fund status and changes in your later work. The interest rate of provident fund loans is one-third lower than that of commercial loans, which has the nature of welfare protection. So, if you pay off the loan for a long time after you get it, for example, more than half a year; Or stop paying the provident fund just after approval, which may be considered as fraudulent insurance and face penalty interest and interest rate hike.

Generally speaking, when the provident fund loan is approved, the whole loan process has been completed, so there is no need to worry about the payment of the provident fund. However, it should be noted that provident fund is a kind of affordable housing system. If the provident fund is approved, it will be cut off, which may be considered as fraudulent insurance benefits. After all, the interest rate of provident fund loans is very low, which is much less than the pressure of commercial loans. If you want to apply for provident fund loans, according to the Regulations on the Administration of Provident Fund, the borrower must pay the housing provident fund continuously on a monthly basis before the date of applying for loans, and units that are in arrears for more than 3 months (including 3 months) will suspend accepting applications for individual housing loans from housing provident fund. Therefore, if you stop paying the provident fund, you cannot apply for a provident fund loan.

Legal basis: Regulations on the Management of Housing Provident Fund

Article 9 The Housing Provident Fund Management Committee shall perform the following duties in the management of housing provident fund: (1) Formulate and adjust specific measures for the management of housing provident fund according to relevant laws, regulations and policies, and supervise the implementation; (two) according to the provisions of article eighteenth of this Ordinance, formulate the specific deposit ratio of housing provident fund; (three) to determine the maximum loan amount of housing provident fund; (four) approval of housing provident fund collection and use plan; (five) to consider the housing provident fund value-added income distribution plan; (six) to examine and approve the report on the implementation of the plan for the collection and use of housing provident fund.

Article 10 The cities where the people's governments of municipalities directly under the central government, provinces and autonomous regions are located and other cities divided into districts (prefectures and leagues) shall set up housing provident fund management centers in accordance with the principle of simplification and efficiency, and be responsible for the management and operation of housing provident fund. County (city) does not set up housing provident fund management center. The housing provident fund management center specified in the preceding paragraph may set up branches in counties (cities) where conditions permit. The housing provident fund management center and its branches shall implement unified rules and regulations and conduct unified accounting. Housing provident fund management center is an independent institution directly under the Municipal People's Government, which is not for profit.

What should I do if the provident fund stops after the provident fund loan?

After the provident fund loan is suspended, it must be repaid on time every month, but it must continue to be paid after three months of suspension, otherwise the provident fund loan will be affected. When an individual resigns or the provident fund is suspended or sealed, it will not affect the provident fund loan, but the individual should pay attention to saving money in the loan card on time to ensure that there is money in the account to repay the loan every month, which will not affect the loan deduction. Bank staff also said that they can continue to provide provident fund loans on a monthly basis without changing commercial loans. However, if the payment is stopped for a long time, it may be affected.

If the provident fund is deducted monthly or annually when the loan is made, it will have a certain impact; When the balance of personal provident fund is deducted to a certain extent, it can no longer be deducted. Individuals need to go through the formalities and deposit the monthly payment into the personal loan repayment savings card.

Regulations on the administration of housing provident fund

Article 25

If the employee withdraws the balance stored in the housing provident fund account, it shall be verified by the unit where he works and a certificate of withdrawal shall be issued. 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.

What should I do if the provident fund stops lending?

Legal analysis: 1. Materials required for housing provident fund loans:

Household registration books of the borrower and his spouse;

Resident identity cards of the borrower and his spouse;

Proof of the marital status of the borrower;

Proof of down payment for house purchase;

Proof of income;

Credit status report of the borrower and his spouse printed by the bank;

Housing sales contracts or agreements that comply with the law.

The second is the conditions for handling housing provident fund;

Individuals and their units must continue to pay housing provident fund for one year;

The borrower has stable economic income, good credit and the ability to repay the principal and interest of the loan;

Where the borrower purchases a commercial house, it shall not be less than 30% of the total house price.

Three, the housing provident fund management process:

The lender prepares the relevant materials, fills in the loan application in the bank and submits the materials;

After receiving the application, the loan bank shall confirm and review the information;

After the audit, the loan bank contacts the lender and signs the relevant contract;

For bank loans, the lender shall fulfill the repayment obligation.

Legal basis: Article 24 of the Regulations on the Management of Housing Provident Fund: In any of the following circumstances, employees may withdraw the storage balance in their housing provident fund accounts:

(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.

Can stopping provident fund loans curb the rise in housing prices?

Yes, the provident fund loan is only 3.25%, and many people, especially institutions, have paid a large amount of provident fund. These people use provident fund loans to buy houses, because the interest rate is low, which is very cost-effective. If they stop provident fund loans, these people's loan interest will be higher and their demand will be reduced, which can really curb the rise in house prices.