On June 18th, the Nanchang Housing Provident Fund Management Center issued a notice to optimize the recognition standards for the number of housing units for housing provident fund loans in order to implement the policy of "recognizing houses, not recognizing loans". Borrowers and joint borrowers who purchase their only residence in the place where the house is located will be subject to the first-home loan policy of the housing provident fund; for the purchase of the second house, the policy of the housing provident fund for second-home loans will be followed. Housing provident fund loans will no longer be granted to borrowers and joint borrowers who purchase a third or more houses, or who have used personal housing provident fund loans for housing twice or more nationwide. The new policy will be implemented from July 1, 2024.
南昌公积金贷款政策调整：7月1日起落实“认房不认贷”
Nanchang's Provident Fund loan policy has been adjusted: starting from July 1st, the policy of "recognizing the house, not recognizing the loan" will be implemented.
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