In response to the diverse housing needs of urban and rural residents, Henan Province announced a new housing loan policy for resident families purchasing homes in the province starting today (30th).
The policy stipulates that commercial individual housing loans will no longer distinguish between first and second homes, and the minimum down payment ratio will be uniformly adjusted to not less than 15% in order to simplify the loan process and reduce the financial burden on homebuyers. (ta/w)
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