▲ The Housing Finance Corporation held a business agreement ceremony with NH Nonghyup Bank on the 5th at the Seoul Sejong-daero Housing Finance Corporation’s eastern headquarters in the metropolitan area. In-bae Seol, director of Housing Finance Corporation (left) and Jae-won Nam, vice president of NH Nonghyup Bank, are taking commemorative photos after signing the agreement. (Photo provided by Housing Finance Corporation)
The Korea Housing Finance Corporation announced on the 5th that it signed a business agreement with NH Nonghyup Bank to deal with Akim e-Bogeumjari loans and launched the product from the 17th of this month.
Accordingly, NH Nonghyup Bank will also be able to use the’Akim e-Bogeumjari Loan’, which is handled only by the existing five banks.
As NH Nonghyup Bank maintains the largest number of stores among domestic commercial banks, this business agreement is expected to increase customer access to Bogeumjari Loan.
Since’Akim e-Bogeumjari Loan’ uses an electronic document-based loan transaction agreement, the interest rate is 0.1% lower than that of the existing Bogeumjari Loan. The loan interest rate is 2.25% (10 years maturity) to 2.50% (30 years maturity) as of March 2021, and a fixed interest rate is applied until maturity, and socially caring groups or newlyweds can use it at a lower interest rate.
An official from Jugeum said, “We plan to expand the supply of generous e-bogeumjari loans that improve access to products and reduce the interest rate burden, taking into account the situation where the common people feel a large burden of housing costs due to Corona 19, etc. NH Nonghyup Bank, which is mainly used by local customers, is now able to conveniently use the low-interest luxury e-Bogeumjari Loan.”