The interest rate of the second home loan in Qingdao shall not be lower than 1. 1 times of the benchmark interest rate, and the down payment of the loan shall exceed 60%.

Legal basis:

In any of the following circumstances, the Lender shall implement the second or above differentiated housing credit policy for the Borrower:

(a) the borrower applies for a loan to buy a house for the first time, and his family has registered one or more complete sets of housing in the housing registration information system (including the pre-sale contract registration and filing system, the same below) where the proposed house is located;

(two) the borrower has used the loan to buy a set (or sets) of housing, and applied for a loan to buy housing;

(3) The lender is convinced that the borrower's family already owns a house (or above) through due diligence in the form of credit record inquiry, face-to-face test and interview (home visit when necessary).