What is the common type of secured loan?

The public is paying attention to the news that the loans for common type security loans will begin on September 16.

The Korea Housing Finance Corporation announced that it will launch a 'Resident Equity Loan' to reduce the risk of interest rate fluctuations and reduce interest burdens.

The 'common type secured loan' is a gus that allows a mortgage loan with a risk of interest rate to be replaced by a long-term fixed rate loan of 1% per year.

The Korea Housing Finance Corporation announced that it will supply the common type of secured loans from October 16 to 29 after receiving them for two weeks.

If the amount exceeds 20 trillion won, the applicants will be selected in order of low housing prices.

Eligibility is for a single household whose household price is less than 900 million won using the floating rate and quasi-fixed interest rates, and the combined income of the couple is less than 85 million won (for newlyweds and two or more children, 100 million won).

You can apply for up to 500 million won within the existing loan balance.

Loan rates are 1.85 ~ 2.2% depending on maturity.

You can apply for secured loans for ordinary citizens by visiting the bank where they were loaned or through the Korea Housing Finance Corporation homepage and mobile app.

In particular, if you apply through the Korea Housing Finance Corporation's website and sign the loan agreement and set up a mortgage online, you can receive a 0.1% p preferential treatment.

An official of Kum Kum-gong said, "We recommend applying for a comfortable time when the application is not made within two weeks because the ordinary people's secured loans are selected after receiving for two weeks, not first-come-first-served."

Visit the homepage of the construction site for a detailed description of the application process and a video application procedure.