Can I get a loan to buy a serviced apartment?

Many people who do not have a Shanghai household registration and have less than 5 years of social security or personal income tax will choose to buy serviced apartments that are not within the purchase limit. However, serviced apartment projects generally have a down payment ratio of not less than 50% and a loan of up to 50%. The term is 10 years, and the base interest rate increases by 10%. Therefore, hotel-style apartment projects can be purchased with loans, but the down payment ratio is high and the loan term is short.