1, house purchase withdrawal
Provident fund can not only apply for bank loans to buy a house, but also withdraw subsidies for buying a house. Some buyers may not know this. Although the interest of provident fund loans is much lower than that of ordinary commercial housing loans, if property buyers do not meet the conditions of provident fund loans, they can consider withdrawing provident fund. Property buyers can consider withdrawing the provident fund in the name of buying a house, taking the amount of the provident fund loan account as the down payment for buying a house, or withdrawing the provident fund to repay the principal and interest.
Step 2 pay the rent
Even friends who don't buy a house can withdraw the provident fund. For example, friends who are still renting a house can withdraw the provident fund to pay the rent. With the rise of house prices, the rent has also increased a lot. If you want to rent a house with a better environment, the rent is actually not cheap. Now the rent is paid quarterly or semiannually. It's quite stressful to have sex with so much money at a time. If the tenant just didn't have that much money at that time, it's ok.
3, decoration housing extraction
If you have feelings for the old house, buyers can consider withdrawing the provident fund to decorate the house. Although the cost of building a house is less than buying a house in the city, it still needs a lot of money. In fact, you can also use the housing provident fund when building a house. Unclear friends can also consult the local provident fund management center. Most cities support it.
: Excerpts from major diseases
The medical expenses for major diseases are high. If someone in the family suffers from a serious illness, then under the pressure of medical expenses, buyers can consider withdrawing the provident fund to pay. At present, in most cities in China, employees or their families who have paid the housing provident fund are hospitalized due to major diseases or major operations, and they can also withdraw the provident fund to pay medical expenses in accordance with relevant regulations.
Housing accumulation fund purchase process
1. When applying for provident fund loan, the borrower shall submit the loan application to the provident fund management core as required, and provide the information required for the loan.
2. Probe into the core of provident fund loan. After accepting the borrower's application, the provident fund management core will review the borrower's qualification, loan amount, loan term, loan information and other information, and give opinions.
3. Credit investigation of provident fund loans. After the preliminary examination of the core of provident fund management, the undertaking bank of provident fund loan will conduct a pre-loan credit investigation on the borrower. After the investigation is completed, the lending bank puts forward opinions, and fills in the "Examination and Approval Form for Individual Housing Provident Fund Loans and Portfolio Loans" and sends it to relevant personnel for approval.
4. After signing the provident fund loan contract, the borrower will receive a notice from the loan undertaking bank if it is approved. At this time, the borrower only needs to bring his ID card, household registration book, bank account number and other materials to the undertaking bank for signing the loan contract according to the specified time.
5. After completing the home insurance and mortgage registration procedures and signing the loan contract, the borrower shall go through the insurance and mortgage registration procedures according to the regulations, and the expenses arising therefrom shall be borne by the borrower.
6. Waiting for the transfer of provident fund loans. After confirming that the mortgage registration has been completed and the loan contract comes into effect, the loan undertaking bank will transfer the loan to the account designated by the borrower and the seller on the date agreed in the contract and send the loan receipt to the borrower.
To sum up, it is Bian Xiao's relevant answer about whether the provident fund can only be withdrawn from individuals or both. I hope it will help you.
Legal basis:
"Regulations on the Management of Housing Provident Fund" Article 24 Employees may withdraw the balance of the housing provident fund account under any of the following circumstances: (1) purchasing, building, renovating or overhauling their own houses; (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.