those who purchase a house by loan can withdraw the provident fund once a year after purchasing the house until the loan is paid off, and the amount withdrawn from each house cannot exceed the repayment amount of the loan in the current year.
To apply for provident fund loans, the following conditions must be met:
1. The borrower is a natural person with full civil capacity and the nationality of the Chinese people;
2. When applying for the provident fund loan, the account has been opened and remitted continuously and in full, and the term is not less than the term regularly announced by the management center; 3, with a legal and effective housing sales contract or approved by the relevant departments to build and repair housing documents;
4. The down payment amount of the house purchase shall not be less than the specified proportion;
5. The borrower has a stable economic income and the ability to repay the loan principal and interest, has a good personal credit report and has no other debts that affect the loan repayment ability;
6. The land purchased and built for housing is state-owned land; Take the house purchased, built or repaired as mortgage guarantee.
employees renting a house to withdraw housing provident fund and purchasing a house to withdraw housing provident fund are different conditions. As long as the conditions are met, they can withdraw housing provident fund, but the premise is that the balance of provident fund is sufficient.
I hope the above contents can help you. If you have any other questions, please consult a professional lawyer.
Legal basis: Article 24 of the Regulations on the Management of Housing Provident Fund, employees can withdraw the balance of their housing provident fund accounts under any of the following circumstances: (1) purchasing, building, rebuilding or overhauling their own houses; (2) Retired; (three) completely lose the ability to work, and terminate the labor relationship with the unit; (4) Having left the country to settle down; (five) to repay the principal and interest of the house 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 will be included in the value-added income of the housing provident fund.