Yantai Provident Fund Management Center's Notice on Appropriately Adjusting Housing Provident Fund Loan Policy stipulates that the down payment ratio should be reduced. For families (including borrowers, spouses and minor children, the same below) who purchase the first home and have a building area of 144 square meters (including 144 square meters), the down payment ratio of loans shall not be less than 20%;

For families who buy more than 144 square meters, the down payment ratio of the loan shall not be less than 30%.

The above policy refers to applying for Yantai housing provident fund loans, and commercial loans depend on the regulations of commercial banks.