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Down payment ratio of housing provident fund loans reduced in Jinan
Jinan Housing Provident Fund Management Center had sent letters to the authorized banks and branch centers of housing provident fund loan business, required them to comply with the notification of Ministry of Housing and Urban-Rural Development, to reduce the down payment ratio of buying second houses with housing provident fund loans from 30% to 20% for those families which already had one house and paid off the loans.