Starting this week, the detailed new housing loan policies of various banks will be successively introduced. Reprinted from the internal website of HIFI Love.
Yesterday was the first day of the implementation of the new housing loan policy. The lower limit of commercial personal housing loans interest rate was expanded to 0.7 times of the loan benchmark interest rate; the minimum down payment ratio was adjusted to 20%. It was learned that the Construction Bank has already taken the lead in introducing details in line with the new policy and adjusting the mortgage computer operating system. The first batch of Chengdu customers have already signed contracts. Other banks said they had not yet received relevant details from the head office, and expected to receive them as soon as possible within this week.
The First Detail Appears
The person in charge of the housing loan department of the Sichuan Branch of the Construction Bank said that some customers had already signed contracts according to the new policy details yesterday. These details were formulated within the framework and authority granted by the People's Bank of China. The main factors considered include whether the customer is a first-time home buyer or not, self-use housing or non-self-use housing, whether the apartment size belongs to ordinary housing, as well as the borrower's credit record and repayment ability. Differentiated interest rate policies and down payment ratio requirements will be formulated accordingly. For residents' first purchase of ordinary self-use housing and improved ordinary self-use housing loan needs, support will be provided under preferential conditions in terms of loan interest rates and down payment ratios.