1, Wuxi Loan Policy News In 2020, if the construction area of Xing Tao is less than 90 square meters, the down payment ratio of the loan shall not be less than 20%; If the construction area of Xing Tao is over 90 square meters, the down payment ratio of the loan shall not be less than 30%.

2. The second suite can apply for a 40% down payment, and the interest rate will go up 10%. If the loan of the first suite is paid off, the second suite can be counted as the first suite. The first home loan currently implements the benchmark interest rate.

3. If the construction area of the provident fund loan for the first suite of employees' families is less than 1.20 square meters, and the purpose of the loan is only to buy ordinary self-occupied housing with improved living conditions, they are allowed to apply for a second provident fund loan, the down payment ratio of the second provident fund loan shall not be less than 50%, and the loan interest rate is 1. 1 times the interest rate of the first suite provident fund loan in the same period.

4 loans to buy commercial housing, the down payment ratio is adjusted to 30% and above. For families who borrow money to buy a second home, the down payment ratio is not less than 60%, and the loan interest rate is not less than 1. 1 times of the benchmark interest rate.

Friendly reminder:

Newly purchased commercial housing (including newly-built commercial housing and second-hand housing) can only be transferred after obtaining the certificate of immovable property rights for 3 years. This means that the new house can only be traded after obtaining the real estate registration certificate for three years.