1, purchase, build, renovate and overhaul owner-occupied housing;
2. Retired;
3, completely lose the ability to work, and terminate the labor relationship with the unit;
4. Go abroad to settle down;
5. Repay the principal and interest of the house purchase loan;
6, the rent exceeds the prescribed proportion of family wage income.
The amount of provident fund loans is much lower than other loan methods, which buyers must be clear before buying a house, so as not to prepare enough down payment. Although the loan amount of provident fund is related to the personal provident fund account, the more the balance in the account, the higher the loan amount, but the loan amount of provident fund is the highest limit.
Although the provident fund loan policy is different in each region, most cities have requirements on the deposit time for buyers who use provident fund loans. Under normal circumstances, when applying for a loan, the borrower has continuously paid the provident fund in full for more than 6 months (inclusive), and the provident fund account is in a paid state. In some cities, if the requirements are strict, it is 12 months or more, and buyers should also pay attention to the fact that they can't stop paying for provident fund loans for several months.
Commercial loans only need to be approved by banks, while provident fund loans need to be approved by provident fund management center in addition to banks, which requires more information and takes longer to lend. Property buyers should be psychologically prepared and plan ahead before using provident fund loans. In addition, friends who buy new houses should also pay attention to the fact that some new properties do not support the use of provident fund loans because of the long time of provident fund loans.
legal ground
Regulations on the administration of housing provident fund
Ninth housing provident fund management committee shall perform the following duties in the management of housing provident fund:
(a) according to the relevant laws, regulations and policies, formulate and adjust the specific management measures of housing provident fund, 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.