Hello, Shanghai portfolio loan can be used as down payment, but the specific situation is analyzed. Usually, portfolio loans can be mortgaged to buy a house, provident fund, loans, bank deposits and other combinations of funds to help tenants get more funds to buy a house, so as to achieve the purpose of buying a house. Shanghai portfolio loan is a combination of various loan models to meet the needs of tenants for housing funds.

In practice, Shanghai portfolio loan can be used as down payment, but there are certain restrictions. First of all, the loan amount of Shanghai portfolio loan is higher than the purchase price, and the loan ratio of portfolio loan is not less than 30% before it can be used as the down payment. Secondly, tenants are required to have enough collateral, and relevant collateral should be provided when applying for portfolio loans to ensure the safety of loans. Finally, the loan applicant of Shanghai portfolio loan should meet the relevant loan requirements, such as stable income, good credit record and legal identity documents.

Can second-hand houses be combined with loans?

Second-hand houses can apply for portfolio loans. Borrowers who need combined loans for second-hand houses apply to the housing provident fund management center, mainly provident fund loans, and need to provide relevant loan information and submit it to the housing provident fund management center for approval. Then, with the consent of the housing management center, the loan amount, term, interest rate and other information are agreed and handed over to the loan bank before applying for supporting individual housing loans. After accepting the application, the loan bank needs to review the borrower's credit standing, occupation, income and repayment ability according to the information provided by the borrower, evaluate whether the borrower meets the loan conditions, calculate the loan amount, determine the loan term, and give the borrower a reply within 10 working days.