If a household applies for a commercial personal housing loan to purchase a second home, the minimum down payment ratio is 40.

According to the website of the Tianjin Municipal Housing and Urban-Rural Development Commission, seven departments including the Tianjin Municipal Housing and Urban-Rural Development Commission issued the "Notice on Further Improving Real Estate Regulatory Policies to Promote the Healthy Development of the Real Estate Industry" on the 16th. From the aspects of housing loan down payment ratio and interest rate Improve housing credit policies.

First, optimize the down payment ratio of housing loans. For households that have no record of personal home purchase loans and do not own a house in Tianjin, if they apply for a commercial personal housing loan to purchase their first home, the minimum down payment ratio is 30. Residential households that have paid off their home purchase loans and do not have a home in Tianjin apply for commercial personal housing loans to purchase a home, and the first home loan policy will be followed. If a household applies for a commercial personal housing loan to purchase a second home, the minimum down payment ratio is 40.

The second is to implement the national preferential policy on mortgage interest rates. For households taking loans to purchase ordinary houses, the lower limit of the commercial personal housing loan interest rate for the first house shall not be lower than the market quoted interest rate of the loan of the corresponding period minus 20 basis points, and the lower limit of the commercial personal housing loan interest rate of the second house shall not be lower than the corresponding period. The loan market quoted interest rate plus 60 basis points. If the state provides otherwise, the latest policies will apply.

In terms of supporting the demand for improved housing, the "Notice" clarifies that households with members aged 60 and above and multi-child households with two or more children can live in Tianjin with their household registration books. Purchase one more house on the basis of the city’s original housing purchase restriction policy. Households that use their own house as affordable rental housing through the Tianjin Affordable Rental Housing Development Platform, and the lease term is not less than 5 years, can purchase another house on the basis of the original housing purchase restriction policy.

After a household reaches the restricted number of houses in Tianjin’s housing purchase restriction area and sells one of the houses, it can purchase another house, but the total number of household houses shall not exceed 2. Households whose houses have been expropriated by people's governments at or above the district level due to the construction of major urban infrastructure projects can purchase houses based on the expropriation agreement. If the price of a newly purchased house does not exceed the house compensation, deed tax will be exempted; if the price of a newly purchased house exceeds the house compensation, deed tax will be levied on the excess.