Second home loan policy The second home loan policy is: the down payment for the second home is more than 70%, and the second home loan is not less than 1. 1 times. Branches of the People's Bank of China may, under the unified national credit policy, increase the down payment ratio of the second home loan according to the control indicators and policies of the local people's government on the second home loan. On the basis of the second suite, the minimum down payment for the second suite is 20%; For employees who already have a house and have repaid the corresponding housing loan, in order to improve the living conditions of the second suite, they will apply for a housing provident fund entrusted loan to buy the second suite again, and the second suite will be paid down by 30%.

Precautions for buying a second home Pay attention to the relevant terms of bank loans: If you plan to buy a second home with bank loans, you must consult the bank about relevant policies, such as the interest rate of the first home loan, the interest rate of the second home loan, the interest rate of new commercial housing and the interest rate of second-hand housing. These will affect everyone's repayment amount, and the repayment amount will also affect everyone's quality of life.

Understand the relevant rules of real estate: to buy a second suite, you must first know which bank provides your favorite house. Judging from the current situation, provident fund loans are not very popular with developers. So, if you want to get a loan, you'd better ask the sales staff first, what kind of loan they like best and the bank they support.

Matters needing attention in buying a house: Although many people have some experience in buying a second apartment, many people ignore some details when buying a house. I think everyone will pay special attention when signing a house and be very cautious when signing a contract, because the developer (sales department) will send you a draft with many blanks on it. If there is no new term, you must remember it.

The above is a detailed introduction to the second home mortgage policy and the matters needing attention in purchasing the second home. To sum up, the down payment ratio of the second home is not less than 70%, and the loan interest rate of the second home is not less than 1. 1 times of the benchmark interest rate.