1. Chongqing housing loan policy

Legal analysis: Chongqing housing loan policy is as follows: 1. Standard number of housing mortgages, the number of mortgages nationwide shall not exceed two, and provident funds can also be used as mortgages, specific Subject to credit record; 2. In terms of interest rates, the base interest rate is 4.9%. The first mortgage loan can enjoy an annualized interest rate of 10%-30%, and the second mortgage loan interest rate is 15%-45% higher than the annualized interest rate. ; 3. Regarding the loan down payment ratio, the first home mortgage loan for second-hand houses is generally 70% of the bank’s assessed price, while the first home loan is usually 60% of the mortgage loan. The specific requirements also depend on the customer’s qualifications; 4. Second-hand homes have Several circumstances influence the loan amount: the general condition of the house, its decoration, the facade of the building, etc.

Legal basis: "Urban Real Estate Management Law of the People's Republic of China"

Article 60: The state implements a registration and certification system for land use rights and house ownership.

Article 62 When mortgaging real estate, mortgage registration shall be carried out with the department specified by the local people's government at or above the county level. If the land use rights and house ownership are obtained due to the disposal of mortgaged real estate, the transfer registration shall be carried out in accordance with the provisions of this chapter.

2. Chongqing’s new housing loan policy

Legal analysis

Loan restrictions: In addition to the central bank’s regular down payment ratio and high down payment ratio, especially for second home loans, such as Beishang 70% of Guangzhou and Shenzhen, and 2 of non-ordinary residences

Legal basis

"Urban Real Estate Management Law of the People's Republic of China"

Art. Article 36 For the transfer or mortgage of real estate, the parties concerned shall handle ownership registration in accordance with the provisions of Chapter 5 of this Law.

Article 62 When mortgaging real estate, mortgage registration shall be carried out with the department specified by the local people's government at or above the county level. Transfer registration shall be carried out in accordance with the provisions of this chapter for the property taken due to the disposal of mortgaged real estate.

3. What are Chongqing’s mortgage policies?

Policy 1: For households that own one house and have outstanding home purchase loans to purchase a second house, the minimum down payment ratio will be adjusted to no. Below 40%.

Interpretation: The biggest benefit brought by the adjustment of the down payment ratio for second homes is that the threshold for home improvement needs has been significantly lowered. The lowering of the threshold will inevitably lead to a positive release of demand for improved housing purchases. Market demand will increase, supply will exceed demand, and housing prices will inevitably rise. It’s the right time to buy a house before prices rise!

Policy 2: Use a housing provident fund loan to buy your first ordinary home, with a minimum down payment of 20%; families who own a house and have paid off the loan can once again To apply for housing provident fund to buy a house, the minimum down payment is 30%.

Interpretation: The reduction of provident fund down payment to 20% will inevitably break the wait-and-see mood of buyers who just need a house. The market will digest the inventory, which will lead to a shortage of supply and demand, and house prices will inevitably rise as a result.

Policy 3: Individuals who sell ordinary housing purchased for more than 2 years (including two years) are exempt from business tax.

4. What is the early repayment policy for housing loans of Agricultural Bank of China Chongqing Yubei Branch?

The specific policy of Agricultural Bank of China in Yubei is: it requires a written application 7 working days in advance, and the application can only be made one year after the loan is issued. The lower limit of the early repayment amount is 6% of the normal monthly repayment amount. times.