Employees who meet the requirements for their spouses and immediate family members to apply for housing provident fund at the same time shall provide marriage certificate, ID card, household registration book or kinship certificate and their copies.
During the loan period, the employee (borrower) and his spouse (including * * * borrower) can withdraw it once a year. The same below) the balance stored in the housing provident fund account repays the principal and interest of the housing loan.
How do employees withdraw housing provident fund to repay housing loans?
According to the different mortgage guarantee methods, the borrower shall, in principle, meet the following requirements when withdrawing the housing provident fund to repay the loan:
(1) If the borrower obtains the provident fund loan by mortgage of real estate or guarantee of house property right guarantee company, and fails to guarantee for others, the sum of the remaining housing provident fund accounts of himself and his spouse shall be extracted from the remaining housing provident fund accounts on the basis of retaining the repayment amount for not less than 3 months;
(2) If the borrower obtains the provident fund loan by means of housing provident fund guarantee, the sum of the balance stored in the housing provident fund account of the borrower and his spouse shall not be less than 30% of the loan balance after the housing provident fund is withdrawn to repay the loan.
If the borrower's or spouse's housing provident fund account is not managed by the branch where the provident fund loan is issued, the branch where the provident fund loan is issued shall sign the Notice on Cross-county Withdrawal of Housing Provident Fund Loan Repayment, and the extractor shall go through the withdrawal and fund transfer procedures at the branch where the provident fund is deposited with the notice and relevant materials.
If the borrower's housing loan is a portfolio loan, the extracted housing provident fund should give priority to repaying the provident fund loan.