When purchasing a second home in Nanjing, there are certain policies for applying for provident fund loans, and the down payment for purchasing a second home with a provident fund loan is basically more than 60%. So what are the policies for provident fund loans? What do you need to know? Nanjing’s provident fund loan policy for second homes. To buy a second home in Nanjing, apply for a provident fund loan: If you have used a provident fund loan before... If you want to know more about Nanjing’s provident fund loan policy for second homes, follow me. Take a look. When purchasing a second home in Nanjing, there are certain policies for applying for provident fund loans, and the down payment for purchasing a second home with a provident fund loan is basically more than 60%. So what do you need to know about the provident fund loan policy? Nanjing II House Provident Fund Loan Policy When purchasing a second house in Nanjing, apply for a provident fund loan: 1. If you have used a provident fund loan before, you must pay it off before you can get a loan. The interest rate will increase by 10% and the down payment will be more than 60%; 2. If you have not used a provident fund loan before Provident fund loans can be used as normal loans, with a down payment of more than 60%. From October 24, 2011, the following regulations will be implemented for the purchase of a second home with housing provident fund in Nanjing: 1. If the husband and wife and their minor children sell the only property in their name and buy another home, if they provide the purchase certificate of the first home issued by the real estate department , you can apply for a housing provident fund loan again. 2. If the original per capita housing construction area of ??the couple and their minor children is less than the per capita housing construction area of ??Nanjing City (the per capita housing construction area is based on the city's per capita housing construction area provided by the statistics department in the previous year), after the original housing provident fund loan is settled Under certain circumstances, you can apply for a housing provident fund loan again for newly purchased housing. In addition, when applying for a housing provident fund loan to purchase a second home, the down payment amount shall not be less than 60% of the total purchase price, and the loan interest rate shall be 1.1 times higher than the quasi-interest rate of housing provident fund loans. I have compiled the information on these issues here, hoping it will be helpful to you. Our country's laws are gradually improving, and we also look forward to helping more people.