Special BoGeumjari Loan Applications Surpass 30 Trillion Won ... Used for Loan Repayment and More
Korea Housing Finance Corporation (HF) Special BoGeumJari Loan applications reached 30.9 trillion won as of April 30.
By fund usage, repayment of existing loans accounted for about 63,000 cases, or 46.2%, new home purchases about 63,000 cases, or 45.9%, and rental deposit returns about 11,000 cases, or 7.9%.
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Also, the average age of applicants was 42, with the main applicant age groups being those in their 30s and 40s. People in their 30s accounted for 40.1% (about 55,000 cases), followed by those in their 40s at 29.9% (about 41,000 cases). Those in their 20s accounted for 7.4% (about 10,000 cases).
An HF Corporation official said, “The number of customers applying for the Special BoGeumJari Loan for rental deposit returns has exceeded 10,000,” adding, “It appears that those experiencing difficulties in returning deposits due to the reversed Jeonse market are actively utilizing the Special BoGeumJari Loan.”
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