NongHyup Bank Resumes Mortgage Loans Limited to Non-Homeowners
[Asia Economy Reporter Kiho Sung] NH Nonghyup Bank will resume mortgage loans limited to non-homeowners starting next month on the 1st.
On the 25th, Nonghyup Bank announced that it will resume selling mortgage loans exclusively to non-homeowner actual demanders. Nonghyup Bank had completely suspended new household real estate secured loans since the end of August.
Previously, Nonghyup Bank resumed new Jeonse loan issuance on the 18th of last month. Through this measure, the items for which new loans will remain unavailable at Nonghyup Bank until the end of the year are ▲new mortgage loans for homeowners ▲non-housing secured loans ▲refinancing loans (loan switching) ▲group loans, etc.
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An official from Nonghyup Bank said, "We resumed new Jeonse loan issuance starting from the 18th of last month," and added, "With the resumption of mortgage loans this time, we plan to support loans for actual demanders without any disruption."
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