Nowadays, many people choose to use provident fund loans to buy houses. The provident fund loan limit refers to the maximum loan amount that an individual can apply for when using provident fund loans. So, will the provident fund withdrawal affect the loan limit? In order to help everyone better Understand the relevant legal knowledge and organize the relevant content. Let’s take a look at it together. 1. Does the withdrawal of provident fund affect the loan limit? The withdrawal of provident fund will affect the account balance of the provident fund, and the account balance directly affects the loan limit of the state-managed provident fund. (1) Withdrawal of provident fund has no impact on the municipal loan limit. The loan amount of the municipal provident fund is affected by four factors: monthly payment amount, payment ratio, basic living expenses, and loan period. The loan limit available to a single borrower is: (monthly deposit amount ÷ deposit ratio - 1400) ÷ average monthly repayment amount in the corresponding period. Therefore, withdrawing municipal provident funds has no impact on the loan limit. The maximum loan amount for a borrower to purchase a first home for self-occupation is 1.2 million yuan, and for a second home, the maximum loan amount is 800,000 yuan. (2) Withdrawing the state-managed provident fund may affect the loan limit because the state-managed provident fund mainly calculates the loan limit based on the balance of the personal account, taking into account the loan ratio, repayment ability, deposit time, spouse's deposit status, personal tax collection The credit situation, as well as the loan-to-deposit ratio adjustment coefficient and other factors are comprehensively determined. 1. The maximum loan amount for a borrower to purchase a first home for self-occupation is 1.2 million yuan. If the personal account balance is less than 70,000 yuan, it will be calculated as 70,000 yuan; 2. For a second home, the maximum loan amount is 800,000 yuan. , if the personal account balance is less than 20,000 yuan, it will be calculated as 20,000 yuan; 3. Those who purchase policy housing are not subject to this regulation. After the borrower repays the loan every month, the per capita living expenses retained shall not be lower than the basic living expenses standard in Beijing. For low-income borrowers purchasing affordable housing, the loan amount is not subject to monthly income restrictions. 2. Hello, will the provident fund withdrawal affect the commercial loan for buying a house? No, if you buy a house with a commercial loan, you can withdraw the provident fund after the transfer of ownership. But if you need a provident fund loan later, the amount contained therein may affect your loan amount. If you don’t need a provident fund loan, you can withdraw it with confidence. 3. Will the credit report be checked when withdrawing provident fund? There is no need to check the credit report. (1) According to the provisions of Article 24 of the "Housing Provident Fund Management Regulations", employees can withdraw the balance in the employee housing provident fund account if they have one of the following circumstances: 1. Purchase, build, renovate, or overhaul self-occupied housing; 2. , repaying the principal and interest of the loan for the purchase and construction of a self-occupied house; 3. renting a self-occupied house, and the rent exceeds a certain proportion of the family's salary income; 4. retiring or retiring; 5. settling abroad; 6. the employee dies or is declared dead; 7. Enjoy the urban minimum living security; 8. Completely or partially lose the ability to work and terminate the labor relationship with the unit; 9. Other situations stipulated by the management committee in accordance with relevant laws and regulations. (2) Summary: Article 25 of the Regulations stipulates that when employees withdraw the balance in their housing provident fund account, their employer shall verify it and issue a withdrawal certificate. Employees should apply to the Housing Provident Fund Management Center to withdraw housing provident funds with the withdrawal certificate. The Housing Provident Fund Management Center shall make a decision on whether to approve the withdrawal or not to allow the withdrawal within 3 days from the date of accepting the application, and notify the applicant; if the withdrawal is approved, the entrusted bank shall handle the payment procedures.