2065438+March 30, 2005 Second Home Loan Policy

The notice issued by the central bank, the Ministry of Housing and Urban-Rural Development and the China Banking Regulatory Commission stipulates that the minimum down payment ratio should be adjusted to not less than 40% for households that own a house and the corresponding housing loans are not settled. Use the housing provident fund loan to purchase the first set of ordinary self-occupied housing, with a minimum down payment of 20%; Families who own a house and have settled their loans apply for housing provident fund to buy a house again, with a minimum down payment of 30%. Previously, the down payment ratio of the second home loan was not less than 60%, and the loan interest rate was not less than 1. 1 times of the benchmark interest rate.

Primitive policy

Notice of the People's Bank of China, the Ministry of Housing and Urban-Rural Development and the China Banking Regulatory Commission on Relevant Issues Concerning the Individual Housing Loan Policy

In order to further improve the personal housing credit policy, support residents' self-occupation and improved housing demand, and promote the stable and healthy development of the real estate market, with the approval of the State Council, the relevant matters are hereby notified as follows:

First, continue to do a good job in housing financial services to meet the needs of households for improved housing. Encourage banking financial institutions to continue to issue commercial individual housing loans and housing provident fund entrusted loan portfolio loans to support households to buy ordinary self-occupied housing. For households that own 1 apartment and the corresponding housing loans are not settled, in order to improve their living conditions, they should apply for commercial personal housing loans again to buy ordinary self-occupied housing, and the minimum down payment ratio should be adjusted to not less than 40%. The specific down payment ratio and interest rate level shall be reasonably determined by banking financial institutions according to the borrower's credit status and repayment ability.

Two, to further play the supporting role of housing provident fund for reasonable housing consumption. The paid employee families use the housing provident fund to entrust loans to purchase the first set of ordinary self-occupied housing, and the minimum down payment ratio is 20%; For the paid workers' families who own 1 house and have settled the corresponding housing loans, in order to improve their living conditions, they apply for housing provident fund entrusted loans again to purchase ordinary self-occupied houses, and the minimum down payment ratio is 30%.

Third, strengthen policy guidance and do a good job in implementation, supervision and policy evaluation. The agencies of the People's Bank of China and the China Banking Regulatory Commission at all levels should do a good job in communication with local governments in accordance with the principle of "adapting to local conditions and guiding by classification" and strengthen supervision over the implementation of differentiated housing credit policies by banking financial institutions; On the basis of the unified national credit policy, guide banking financial institutions to reasonably determine the minimum down payment ratio and interest rate level of commercial personal housing loans within their jurisdiction; Closely track and evaluate the implementation and effect of housing credit policy, effectively prevent risks and promote the stable and healthy development of local real estate market. All branches of the People's Bank of China, business management departments, city center branches of provincial capitals, sub-provincial city center branches and banking regulatory bureaus of provinces (autonomous regions and municipalities directly under the Central Government) are requested to forward this notice to city commercial banks, rural commercial banks, rural cooperative banks, urban and rural credit cooperatives, foreign banks and village banks within their respective jurisdictions.