The minimum down payment ratio for first and second housing loans in 13 districts and cities in Jiangsu Province was adjusted to 15% and 25% respectively.
2024-05-28 11:50:03
On May 28th, since May 27th, the minimum down payment ratio of first and second home loans in 13 districts and cities in Jiangsu Province has been adjusted to 15% and 25% respectively; at the same time, as of May 28th, Nanjing, Suzhou, Wuxi, Nantong, Yangzhou, Taizhou, Lianyungang, Yancheng, Huai'an, Suqian 10 districts and cities have cancelled the lower limit of the first and second home loan interest rates, and other district and city governments are studying or implementing relevant procedures. The specific down payment ratio and interest rate of a single loan shall be determined by the commercial bank according to factors such as its own operation and customer risk status.
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