Workflow
楼市,大利好!房贷“商转公”要来了!
Sou Hu Cai Jing·2025-07-03 07:21

Core Viewpoint - Guangzhou is seeking public opinion on the implementation of a new policy allowing the conversion of commercial housing loans to housing provident fund loans, aimed at easing the financial burden on homebuyers and stimulating the housing market [1][4]. Group 1: Policy Details - The proposed policy, referred to as "commercial to public loan" (商转公贷款), allows individuals to convert their outstanding commercial housing loan balances into housing provident fund loans when the personal housing loan rate falls below 75% [4]. - The policy stipulates that if the personal housing loan rate reaches 85% or above, control measures such as loan limits and appointment applications may be implemented, and if it reaches 90% or above, the conversion will be suspended [4]. - The loan amount for the conversion will be determined based on the city's provident fund loan policies and cannot exceed 60% of the total purchase price of the property [6][7]. Group 2: Market Context - Current interest rates for commercial housing loans in Guangzhou are approximately 3.2%, while the first home provident fund loan rate is 2.6%, indicating a 60 basis point difference [5]. - In the first half of 2025, Guangzhou saw 30,871 new housing transactions, with an average price of 35,200 yuan per square meter, reflecting a 2.8% increase compared to the previous period [9]. - The central government has emphasized the need to stabilize the real estate market, indicating a shift in policy focus towards consumer support and cost reduction [9]. Group 3: Eligibility Criteria - To qualify for the "commercial to public loan," applicants must currently contribute to the housing provident fund in Guangzhou and have not previously utilized provident fund loans nationwide [8]. - The policy primarily targets homeowners with only commercial loans for their primary residences, particularly younger buyers or new residents who previously could not access provident fund loans [8].