The first suite refers to the purchase of only one set of housing (according to the national standard of the first suite). The People's Bank of China stipulates that urban residents in China can enjoy preferential policies such as preferential mortgage interest rate and minimum down payment ratio when purchasing the first home.
Loan application:
If you want to enjoy all kinds of tax relief and loan concessions according to the purchase of the "first suite", you must apply by the purchaser himself, and apply to the district and county real estate trading center where the purchased house is located with the purchase contract and identity documents. Each trading center shall issue the first purchase certificate within 7 working days from the date of acceptance.
Baidu encyclopedia-first suite