Can housing provident funds be used for decoration in Hangzhou?
The housing provident fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee personally. After the employee's personal contribution is withheld by the unit, it is deposited into the housing provident fund's personal account together with the unit's contribution. Below I have compiled for you the details of whether provident funds can be used for decoration in Hangzhou. I hope it will be helpful to you!
1. Can provident funds be used for decoration in Hangzhou?
No. According to the current withdrawal policy of Hangzhou Provident Fund, for housing consumption, only those who fall into the following situations can withdraw Provident Fund, but not others.
1. Purchase, build, renovate, and overhaul self-occupied housing;
2. Repay the principal and interest of the property-owned housing loan;
3. Continuously make regular payments If the housing provident fund has been deposited for 3 months, and the person and his/her spouse do not have self-owned housing in this city (including the main urban area, Xiaoshan District, Yuhang District, and Fuyang District) (for railway employees, the employee and his/her spouse do not have self-owned housing in the place where they work) housing, and the unit does not arrange single dormitories).
2. Provident Fund decoration loan conditions:
1. The borrower must have a permanent urban residence or valid residence status in this city;
2. From the date of application, To apply forward, the housing provident fund must be paid in full for more than 12 consecutive months (if a couple both pays the provident fund, only one person is allowed to take out a loan);
3. Have legal requirements for purchasing, building, and overhauling self-occupied housing The contract (agreement) and related materials;
4. Have a certain proportion of self-raised funds. For the purchase of commercial housing or affordable housing, the self-raised funds shall not be less than 20% of the total house price (for the purchase of second-hand houses or the construction or overhaul of houses, the self-raised funds shall not be less than 30% of the total house price);
5. Have stable economic income and the ability to repay the principal and interest of the loan (monthly income certificate issued by the employer);
6. Agree to use the purchased house or self-owned house with full property rights or a third party The person's house may be used as a mortgage, or securities or bank certificates of deposit recognized by the lending bank may be used as a pledge, or a legal person, organization or third party recognized by the lending bank may provide a guarantee.
3. Provident fund decoration loan application materials
1. Identity certificate of the borrower and spouse (ID card, household register, marriage certificate or divorce certificate, court judgment, ruling, issued by the unit Proof of being unmarried or divorced and not remarried, etc.);
2. Proof of stable economic income (certificate of unit salary income, etc.);
3. Proof of payment of housing provident fund; < /p>
4. House purchase contract and agreement signed with the selling unit (if you build a house yourself, you need to provide land and planning department approval);
5. I and my spouse *** both fill in A good loan application approval form;
6. There must be a house payment (down payment) receipt of no less than 20% of the total house price (purchasing a private house, building or overhauling a self-occupied house requires a receipt of no less than the total house price) Proof of self-raised funds for 30% of the house payment);
7. List of pledge rights and ownership certification documents issued by the borrower (or a written commitment issued by the guarantor agreeing to provide guarantee). ;