Two departments: the first mortgage down payment of not less than 15%, the second set of not less than 25%
2024-05-17 05:02:28
The central bank and the State Administration of Financial Supervision and Administration: For households with loans to purchase commercial housing, the minimum down payment ratio for commercial personal housing loans for first housing is adjusted to not less than 15%, and the minimum down payment ratio for commercial personal housing loans for second housing is adjusted to not less than 25%. On this basis, the provincial branches of the People's Bank of China and the dispatched agencies of the State Administration of Financial Supervision and Administration shall independently determine the minimum down payment ratio for commercial personal housing loans for first and second housing in each city under their jurisdiction in accordance with the regulation requirements of the city government and in accordance with the principle of city-specific policies.
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