Legal analysis: stopping the payment of provident fund for 3 months will affect the provident fund loan. According to the regulations, it is best to make up all the premiums owed by the unit within three months. Follow-up normal payment can not pass the unit, but also should be supplemented in personal capacity. It is particularly important to note that the housing provident fund can only be paid back by the unit, and personal identity cannot be paid back. 1. It doesn't matter if the provident fund is cut off for a short time, but it needs to continue to pay the provident fund within half a year. Now many cities have opened individual industrial and commercial households and freelancers to pay provident fund. Even if there is no unit, you can pay the cities that some units must pay normally. You can go through the formalities of linking the provident fund, and the linking unit will pay the provident fund for you.

In short, the provident fund has to continue to be paid. If the supply exceeds the demand, the provident fund management will re-evaluate the loan contract and the loan interest rate will rise.

2. For the borrower who has applied for provident fund loans, if the borrower of housing provident fund loans fails to pay the housing provident fund in full and on time for three consecutive months or a total of six months, the provident fund management department has the right to terminate the loan contract and require the borrower to pay off the housing provident fund loans in advance.

Legal basis: Regulations on the Management of Housing Provident Fund

Twenty-fifth workers from the housing provident fund account balance, the unit shall verify, and issue a certificate of extraction. 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.

Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.

How long will the withdrawal of provident fund affect the loan?

The termination of the provident fund will not be invalid, and the housing provident fund will be sealed. Provident fund, like social security, is an important guarantee for the rights and interests of employees. Even if the payment is stopped, there is no problem of "clearing the account" and "voiding the account". The money in the account is still the employee's own, and the balance inside will not disappear because of resignation. If the provident fund is "broken" due to job hopping, pay the provident fund when the unit establishes labor relations after finding a new job, and ask the original unit to transfer the account first, and all the previously paid provident fund balances will be concentrated in the new deposit account.

What are the effects of provident fund withdrawal?

1, provident fund loan application

Because in the application conditions of provident fund loans, it is generally agreed that "housing provident fund should be paid for 6 months continuously (12 months in some areas)" and it is still in the "paid state" before applying for provident fund loans.

This means that if the provident fund has been paid off for several months or now when handling the loan, it will directly affect the approval of the provident fund loan. However, although the payment will affect the loan, the balance in the account can still be used when buying a house.

2. Available amount of provident fund loan

As we all know, the balance of the provident fund is accumulated monthly. If the payment is cut off, the available balance in the account will naturally decrease. Provident fund loans in many areas are calculated according to the balance in the user's account, so when the balance in the applicant's account is too small, the amount of loans that can be applied for will be reduced accordingly. Part of the balance is too low, which may also lead to loan rejection.

3. Issuance of provident fund loans

Because the interest rate of provident fund loans is much lower than that of commercial loans, many people tend to choose provident fund loans as social housing security benefits. For those who have applied for provident fund loans, the provident fund has been paid off for three consecutive months or accumulated for six months before the corresponding mortgage is repaid, or the provident fund cannot be paid in full and on time. The provident fund management center has the right to terminate the loan contract and require the borrower to pay off the housing provident fund loan in advance.

However, if you stop paying the provident fund for a long time (for example, more than half a year) after getting the provident fund loan, or deliberately stop paying the provident fund just after being approved, it may be considered as defrauding interests, and then face the risk of penalty interest and interest rate fluctuation.

As for the failure to pay the provident fund, it was not intentional, but because of changing jobs or the company's delay in paying it, which led to the failure to pay the provident fund. Unpaid provident fund will be replenished in time within 1 month or in a short time, but it has little impact on provident fund loans. If it is because of the company's delay in payment, it is recommended to suspend payment for more than 3 months. In many areas, if the default for the first time is more than 3 months from the following month, the applicant needs to make a normal continuous deposit for 6 months or 12 months before applying for a loan.

How long will the suspension of provident fund loans affect loans? What happens when the provident fund is paid off?

How long will the suspension of provident fund loans affect loans?

If the provident fund is successfully handled, no matter how long the provident fund is paid off, the loan will not be affected and the loan will not be recovered. During the period of applying for provident fund loans, users can apply for provident fund loans as long as they meet the requirements of continuous payment for more than 6 months and the provident fund account is in the state of deposit. During this period, if the user's provident fund deposit is cut off, the provident fund loan review may be directly rejected.

After the provident fund is paid off, it will only affect the balance of the provident fund account and the payment period of the provident fund. If an employee loses his provident fund due to resignation, change of work city and other reasons, the payment period of the provident fund will be recalculated after the employee loses his provident fund for 3 months.

Generally speaking, provident fund loans will have a certain maximum amount. When applying for a provident fund loan, it is related to the amount of the provident fund account. Not everyone can apply for the maximum local provident fund loan. Therefore, when the provident fund is paid, it is not necessary to cut off the supply. The more money accumulated in the provident fund account, the higher the amount you can apply for when applying for a mortgage.

After the provident fund loan is approved, users only need to repay on time, as long as it does not cause overdue repayment of the provident fund, it will basically have no impact. Of course, if users are not at ease, they can call the local provident fund management center to inquire about the situation.