For how to identify the second suite, the bank and the Housing Authority have different criteria for identifying the second suite. In the bank's view, the previous purchase loan was not settled, and the loan purchase belonged to the second suite. Previously, the mortgage purchase was settled or paid in one lump sum, and the loan purchase belonged to the first suite. In the view of the Housing Authority, there is no house before buying a house or the previous house has been sold, and now buying a house belongs to the first set. If you have a room before buying a house, it belongs to the second suite.

According to relevant policies, family members include borrowers, spouses and minor children, and minor children also belong to the family. Therefore, buying a house in the name of minor children will be implemented according to the second suite policy, that is, the down payment will be 50% and the interest rate will rise 1. 1 times. If you sell this property and then borrow to buy a house, you can implement the first home loan policy. When I was a minor, I had real estate under my name, and then I borrowed money to buy a house when I was an adult. If you don't sell the existing property, you can buy a house with a second loan.

According to the bank's current policy, if there is no mortgage record before, as long as the bank can find out that there is a property in the applicant's name in the property rights trading system, it will be considered as a second suite, and it will not be sold without applying for a loan, and it will be implemented according to the loan policy of 50% down payment and 1. 1 times interest rate increase. The previous policy was to recognize loans but not houses. Apply for a loan to buy a house after buying a house in full, not counting the second suite.