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New Policy of Shanghai First Home Loan in 2022
The new policy of Shanghai's first home loan in 2022 is as follows:

1, purchase restriction policy

(1) Personal housing purchase restriction: If you buy a house in Shanghai, you must pay social security and individual tax continuously for 5 years.

(2) Re-transaction of enterprise commercial housing: 3 years. If the transaction object is an individual, it should be implemented in accordance with the purchase restriction policy.

2. Lending policy

(1) If a household that already owns 1 suite applies for a commercial personal housing loan to purchase ordinary housing again to improve its living conditions, the down payment ratio shall be no less than 50%. For the purchase of non-ordinary self-occupied housing, the down payment ratio shall not be less than 70%.

(2) When applying for a loan, the purchaser should also promise that the down payment will be his own funds.

3. Low-rent housing policy

Strengthen the supply management of public rental housing and shared property housing, raise talented apartment housing, and launch a new batch of applications for shared property housing.

4. Market supervision

Strengthen the pre-sale management of commercial housing, establish a third-party supervision system for second-hand housing transaction funds, and strengthen law enforcement.

Legal basis:

Article 4 The loan object shall be a natural person with full capacity for civil conduct.

Article 5 A borrower shall meet the following conditions:

Have permanent residence in cities and towns or valid residence status;

(2) Having a stable occupation and income, good credit and the ability to repay the principal and interest of the loan;

(three) there is a purchase contract or agreement;

(four) no housing subsidies to not less than 30% of the total price of the purchased housing as the down payment; If there is a housing subsidy, 30% of the personal commitment will be the down payment for buying a house;

(5) There are assets recognized by the lender as collateral or pledge, or units or individuals with sufficient compensatory capacity as guarantors;

(6) Other conditions stipulated by the lender.