To further support eligible home-buying employees in withdrawing housing provident fund and ease the pressure of cash flow before purchasing a home, the Xinyang Housing Provident Fund Management Center issued the "Notice on Withdrawing Housing Provident Fund to Pay for the Down Payment of Newly Constructed Pre-sold Commodities", effective from December 3. It clarifies that from the date when the home-buying employee and the real estate company sign the "Commitment Letter for Withdrawing Housing Provident Fund to Pay for Home Down Payment", the home-buying employee and their spouse can apply to withdraw once from the balance in the housing provident fund account to pay for the down payment, with the total amount not exceeding the down payment agreed upon in the "Commitment Letter for Withdrawing Housing Provident Fund to Pay for Home Down Payment". For employees who need to apply for housing provident fund loans, the main borrower should maintain a sufficient balance to ensure that the amount withdrawn does not affect the loan limit, avoiding insufficient deposits due to withdrawing first and then applying for the loan, which may prevent full application for the required housing provident fund loan.
信阳住房公积金新政！购房职工及配偶可提取账户内余额付首付款
New policy for housing provident fund in Xinyang! Home-buying employees and their spouses can withdraw the balance from their accounts to pay the down payment.
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