Jilin Province adjusts the minimum down payment ratio for commercial housing purchase loans

The Jilin Branch of the People's Bank of China has announced the adjustment of the minimum down payment ratio policy for commercial housing loans in Jilin Province: starting today, the minimum down payment ratio for commercial housing (including commercial residential properties) loans in all cities of Jilin Province is adjusted to no less than 30%. Based on this, banks can reasonably determine the specific down payment ratio for commercial housing loans according to market-oriented and rule-of-law principles, in conjunction with their own commercial housing loan issuance policies, risk prevention requirements, as well as the borrower's credit status and repayment ability