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Can I buy a house with social security? Can pay the mortgage is less than how much percent?
Legal analysis: social security paid one year can be a loan to buy a house, but can only be used for commercial loans, there are housing provident fund can use the provident fund loan.
Legal basis: "Chinese People's *** and State Social Insurance Law"
Article 1 In order to regulate the social insurance relationship, safeguard the citizens to participate in social insurance and enjoy the legitimate rights and interests of the social insurance treatment, so that the citizens *** to enjoy the fruits of development, and to promote the harmony and stability of the community, in accordance with the Constitution, the formulation of this Law.
Second Article The State establishes a social insurance system for basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance and other social insurance, and guarantees the right of citizens to receive material assistance from the State and society in accordance with the law in the event of old age, illness, industrial injury, unemployment and maternity.
Article 3 The social insurance system adheres to the policy of broad coverage, basic protection, multi-level and sustainability, and the level of social insurance shall be commensurate with the level of economic and social development.
Article 4 Employers and individuals within the territory of the People's Republic of China*** and the State pay social insurance premiums in accordance with the law, and have the right to inquire about the records of payment of premiums and the records of individual rights and interests, and to demand that the social insurance administration agencies provide social insurance counseling and other related services. Individuals enjoy social insurance benefits in accordance with the law, and have the right to supervise the payment of contributions for them by their own units.
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