The Office of the People's Government of Nam Cheong City has issued measures to optimize personal housing credit and adjusted the policy on commercial personal housing loans. The lower limit of commercial personal housing loan interest rates for first-time and second-time home buyers has been cancelled. Banks and financial institutions in the banking industry will reasonably determine the specific interest rate for each loan based on the institution's operating conditions and customer risk conditions. The minimum down payment ratio for commercial personal housing loans has been adjusted. For residents who purchase commodity houses with loans, the minimum down payment ratio for commercial personal housing loans for first-time and second-time home buyers has been adjusted to no less than 15% and 25%, respectively.
南昌：取消首套住房和二套住房商业性个人住房贷款利率政策下限
Nam Cheong: Cancel the lower limit of commercial personal housing loan interest rate policies for first-time and second-time homebuyers.
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