Rising Interest in Anshim Conversion Loans... Already 350,000 People Inquiring

Applications Accepted Starting on the 15th... Detailed Information Must Be Checked

[Asia Economy Reporter Minwoo Lee] Interest is growing in the 'Safe Conversion Loan,' a policy loan product that converts variable-rate mortgage loans into long-term fixed-rate loans at an annual rate in the 3% range. Tens of thousands of people have already flocked to the Korea Housing Finance Corporation's (KHFC) pre-announcement website.

KHFC announced on the 5th that approximately 347,000 people have visited the Safe Conversion Loan pre-announcement website. Since the website was launched on August 17, an average of about 18,000 visitors per day have checked information about the Safe Conversion Loan. This figure excludes inquiries made through the six major banks?KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup, and IBK Industrial Bank?so the actual number of interested individuals is estimated to be much higher.

Ahead of the Safe Conversion Loan application opening on the 15th, KHFC has established a dedicated ARS (Automatic Response System) for the loan and significantly expanded its team of professional counselors to ensure smooth customer service. Additionally, a KakaoTalk chatbot-based counseling service called ‘HF Talk’ has been set up to provide 24-hour consultation.

Furthermore, KHFC offers a ‘Remote Application Support Service’ for those who find it difficult to apply online. Eligible applicants include seniors aged 60 and above and hearing-impaired individuals who have difficulty with phone inquiries. By reserving a preferred date and time through the KHFC website or the ‘Smart Housing Finance’ application, a KHFC representative will assist with the loan application via PC or mobile on the scheduled date. However, since the available application dates vary depending on the housing price and the last digit of the applicant’s birth year, applicants must check the KHFC pre-announcement site before applying.

Meanwhile, applications for the Safe Conversion Loan will be accepted by the financial institution that originally issued the mortgage loan if it is one of the six major banks. For loans from other banks or secondary financial institutions, applications will be handled by KHFC.

A KHFC official stated, "Among variable-rate loan users, some may not yet feel the impact of increased loan interest rates because their rate adjustment period has not arrived. We urge everyone to check the rates that will be applied going forward and not to miss the opportunity to use the Safe Conversion Loan." The official also warned, "Recently, voice phishing scams impersonating KHFC have increased. KHFC does not solicit loans via phone calls nor require app installations."

This content was produced with the assistance of AI translation services.