In order to further leverage the role of housing provident fund guarantee and accelerate the construction of a new model for real estate development, Zhengzhou, the capital of Henan Province, adjusted the maximum amount of housing provident fund loans to 1.3 million yuan on the 9th. In response to the concerns of citizens about the second-hand housing "combination loan" situation, the local government will also timely open this service. In June of this year, Zhengzhou City issued a notice from the Zhengzhou Housing Provident Fund Management Center on matters related to housing provident fund withdrawal and loans, deciding to adjust some housing provident fund withdrawal and loan policies. It is mentioned that for families who use housing provident fund loans for the first time or purchase their first self occupied housing, the maximum limit for housing provident fund loans is 1.2 million yuan, and the interest rate for the first housing provident fund loan will be implemented from June 7th. Three months later, Zhengzhou has once again introduced a new housing provident fund policy. According to the Notice on Matters Related to Housing Provident Fund Deposit and Loan issued by Zhengzhou Housing Provident Fund Management Center on the 9th, for families who use housing provident fund loans for the first time or purchase their first self occupied housing, the maximum amount of housing provident fund loans will be adjusted to 1.3 million yuan; For families using housing provident fund loans for the second time and purchasing their second self occupied housing, the maximum amount of housing provident fund loans will be adjusted to 1 million yuan; The maximum amount of housing provident fund loans for families with multiple children shall be increased by 20% according to the corresponding amount. In response to the concerns of citizens about the situation of "combination loans" for second-hand houses, this notice points out that commercial banks will cooperate to timely open combination loan services for newly traded existing houses. Newly traded existing housing loans and "commercial to public loans" are subject to housing price evaluation. The loan term for existing houses plus the construction period of the house shall not exceed 50 years, and the longest loan term shall not exceed 30 years. The Notice states that those who purchase allocated affordable housing within the administrative area of Zhengzhou City can apply for housing provident fund loans, and the minimum down payment ratio for allocated affordable housing loans is 15%. In addition, for flexible employment personnel who have already applied for housing provident fund loans, a trial of fixed loan payments can be implemented. After the loan, they can transfer the deposit account, sign a loan repayment agreement, and other businesses, which can both contribute to the housing provident fund and repay the loan principal and interest. To stimulate the vitality of the real estate market, Zhengzhou has successively introduced multiple new policies since the beginning of this year. Such as promoting the transition from business to public, reducing down payment ratios and mortgage interest rates. In May, the city announced the comprehensive implementation of "selling old and buying new, exchanging old for new" within the built-up areas of the city. The above-mentioned Notice points out that those who meet the conditions for housing provident fund loans and purchase newly-built commercial housing within the administrative area of Zhengzhou City through the "trade in" method can apply for housing provident fund loans through the "green channel" of the housing provident fund service hall, which will be accepted and approved immediately. (New Society)