First of all, it means that when defining the second suite, if the borrower has the registration information in the local housing registration system, the house will be defined as the second suite when buying a house.

secondly, it is loan recognition. It means that when defining the second suite, if the buyer has registered the information of loan to buy a house in the bank credit information system, then when applying for a loan to buy a house, the house will be defined as the second suite.

What do you mean by "denying the loan"? No matter whether the mortgage applicant has applied for a mortgage (whether there is a real estate under his name or not) or has a real estate under his name, he will be recognized as a "second suite" by the bank when applying for a mortgage.

At present, Shenzhen implements the policy of "recognizing the house but not the loan". According to the bank's regulations, families who own a house and settle the corresponding loan will apply for a loan to buy a second ordinary commodity house again in order to improve their living conditions and implement the first home loan policy. So there are still some discounts on buying a house now.