Liuzhou, Guangxi: The maximum loan limit of housing provident fund can reach 700,000 yuan

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The Liuzhou Housing Provident Fund Management Center of Guangxi Zhuang Autonomous Region issued the “Notice on Raising the Housing Provident Fund’s Rental Amount (Draft for Comment)” and other documents. In terms of provident fund, the upper limit of the housing provident fund loan amount has been changed from the original fixed value of 400,000 yuan to the confirmation based on the liquidity of the funds. According to the draft for comments, the maximum amount of housing provident fund loans can be up to 700,000 yuan. The down payment ratio of provident fund loans is determined as, after the borrower’s family settles the first provident fund loan, the down payment ratio for the second use shall not be less than 30%. (surging)
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