The second-hand housing provident fund loan has been approved by the center, and the bank said that the quota will come down. What does this quota mean?
The bank said this amount. Refers to the annual loan amount of the bank. The bank's loan amount is limited every quarter. This does not mean that banks can borrow as much as they want. If the loan quota has been used up in the current quarter, you must wait for the approval of the new loan quota in the current quarter before you can continue to apply for housing loans.