Hangzhou: Commercial personal housing loans no longer distinguish between first and second homes, and the minimum down payment ratio is unified at 15%.

On October 9th, the Hangzhou Municipal Housing Protection and Housing Administration issued a notice on further optimizing and adjusting the city's real estate-related policies, which mentioned that for households who buy housing with loans, commercial personal housing loans no longer distinguish between first and second sets of housing, and the minimum down payment ratio is unified at 15%. The maximum amount of housing provident fund loans for the purchase of housing by working families is increased to 1.30 million yuan, and the minimum guarantee amount is increased to 200,000 yuan; for the purchase of newly built commercial housing identified as green and low-carbon buildings or "trade-in", the loan amount can be increased by 20%; the unified first suite and second suite loan down payment ratio is not less than 20%; if the housing provident fund loan has been settled, it can be identified as the first suite.