4hw.com.cn: housing fund refers to the long-term housing fund deposited by state organs, state-owned enterprises, urban collective enterprises, foreign-funded enterprises, urban private enterprises and other urban enterprises, institutions, private non enterprise units, social organizations and their employees.
2018 new policy for withdrawal of provident fund
The term "housing accumulation fund" refers to the long-term housing fund deposited by state organs, state-owned enterprises, urban collective enterprises, foreign-funded enterprises, urban private enterprises and other urban enterprises, institutions, private non enterprise units, social organizations and their employees. Because the housing accumulation fund policies are different in different cities, the time requirements for the payment and deposit of housing accumulation fund in different cities are also different. Some cities can apply for housing provident fund loan only when they have paid and deposited continuously for more than 6 months, and some cities can apply for housing provident fund loan only when they have paid and deposited continuously for more than 1 year.
Any loan requires income, so does provident fund loan. If you want to apply for housing provident fund loan smoothly, then the borrower's income must reach a certain standard. Generally speaking, the bank's income requirement for the borrower is that the monthly supply shall not exceed half of the borrower's family income. If it exceeds that, even if the income is not up to the standard, the application for provident fund loan will be rejected by the bank. The provident fund loan has the characteristics of low interest rate. Therefore, when buying a house loan, the employees who pay the provident fund should first consider using the provident fund loan. The provident fund loan has certain requirements, such as a certain period of continuous full payment before buying a house loan. The borrower shall submit the loan application to the housing provident fund management organization with relevant materials; the housing provident fund management organization shall accept the loan application that meets the loan conditions and the application materials are complete and correct, and complete the face-to-face interview and other matters; the housing provident fund management organization shall not accept the loan application that does not meet the loan conditions or the materials are incomplete and incorrect or ask for correction, and explain the reasons
Within 7 working days from the date of acceptance of the application, the housing provident fund management institution shall complete the loan examination and approval, make a decision on approving or not allowing the loan, and notify the borrower; under special circumstances, with the approval of the principal of the housing provident fund management institution, it may extend 5 working days. The entrusted loan financial institution shall complete the loan issuance within 5 working days after the borrower completes the guarantee and other procedures, and the loan fund shall be transferred to the seller, the house collector, the construction enterprise (individual) or the third party bank account agreed by both parties according to the purpose. In real life, provident fund loan in different places is quite common. In addition to meeting the above conditions, it also depends on whether the place where the provident fund is deposited and the place where the house is purchased has signed the provident fund non local loan agreement.