Search results for Bogeumjari Loan
Finance
KakaoBank offers 200,000 won to eligible Akkim-e Bogeumjari Loan customers
KakaoBank is holding an event for users of the Akkim-e Bogeumjari Loan, offering support payments of up to 200,000 won and random cash. The promotion runs through Dec. 31. Customers can earn random cash by completing a quiz and a mission in the KakaoBank app. Those who apply for a separate housing support payment and receive a loan commitment notice will receive 200,000 won.
Finance
Non-apartment support raises questions over effectiveness of youth future Bogeumjari loan
South Korea has rolled out an annual 3 trillion won Youth Future Bogeumjari Loan to help young people buy their first home, but the response has been muted because its added benefits apply only to non-apartment housing. The product, due to launch in January, offers up to 80 percent LTV for eligible borrowers buying non-apartments priced at 400 million won or less. Experts say the scope may be too narrow and call for broader support.
Finance
South Korea raises household loan growth target to 3 percent, expands housing supply finance to 47.8 trillion won plus alpha
South Korea\'s financial authorities will raise this year\'s target for the growth rate of total household loans to around 3 percent from 1.5 percent. They will expand financial support for housing supply to 47.8 trillion won plus alpha from 26.3 trillion won. The authorities will keep the basic framework of real estate lending curbs, including LTV and DSR limits, while tightening some rules on jeonse loans from January.
