These two adjustment methods are given by the central bank, and there should be no difference between banks. Those who meet the conditions can choose by themselves. In addition, the interest rates adjusted by these two methods are the same, so individuals only need to consider which method is convenient. In contrast, it is more convenient to change the interest rate agreed in the contract through negotiation.
As for how much the mortgage interest rate can be lowered, there is no specific standard. The only restriction is that it cannot be lower than the current lower limit of the first home loan interest rate. Therefore, if the original loan interest rate is relatively high, or people with strong bargaining power with banks have the opportunity to lower the loan interest rate even more.
The conditions for applying for lowering the interest rate of stock mortgage loans are as follows:
1 indicates that the loan is a commercial personal housing loan. The reduction of mortgage interest rate is limited to individual commercial housing loans, including commercial loans in portfolio loans. Whether you choose LPR plus interest rate or fixed interest rate, you can apply for downward adjustment. Provident fund loans, provident fund loans in portfolio loans and commercial housing (including commercial and residential) loans are not included in the scope of interest rate reduction.
This loan is the first housing loan. If it is the second set of housing loans, you can also apply for a downward adjustment if it meets the first set of housing standards in your city. If you don't meet the first set of personal housing loans, you won't have a chance to adjust. As for how to identify the first suite, different cities may be different, just refer to the standards of local cities.