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<CN Home>Tianjin to Lower Min. Down Payment Ratio for 2nd Home to 20% From Tmr
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Tianjin Housing Fund has issued a notice regarding adjustments to personal housing fund loan policies.

For contributors applying for a housing fund loan to purchase a second home for their family, the minimum down payment ratio will be adjusted from 30% to 20%. Loan applications accepted before today (31st) will still follow the policies in effect prior to this notice.

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This notice will be implemented starting tomorrow (April 1) for a period of five years.
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