프린터

Product Information

What is a Bogeumjari Loans?

  • A type of long-term mortgage loan common in advanced nations, designed by HF to allow customers to make P&I repayment over a period of ten to fifty years.

Eligible Applicants

  • Those aged 20 or over as of the loan application date

Interest Rate

  • Fixed rate applied from the date of loan extension to maturity (based on Published Interest Rates)
  • Prime rate(Maximum 1.0%p)
    • Households under age 40 with annual income KRW70M or less(0.1%p)
    • Newlywed households (0.2%p)
    • Households with newborn babies(0.2p%)
    • Households with three or more children, multi-cultureal families, families with the disabled, and single-parent families(0.7%p each)
    • Houses with G-Seed Certification, Grade 2 or higher(0.1%p)
    • Victim of home rental scam (1.0%p)

Eligible Houses

  • Houses listed on the official registry(certified copy of the registry) of values less than 600M

Loan Limit

  • Up to 70% of the collateral house value
  • Minimum KRW 1 M to maximum KRW 360 M

Loan Maturity

  • 10 years, 15 years, 20 years, 30 years, 40 years or 50 years

Repayment Method

  • Repayment methods consist of equal monthly installments of principal (and interest) (Incremental installment repayment available for u-Bogeumjari Loans)

Proof of income

 Proof of income 
Type of income Proof
Earned income Certificate of income, withholding tax receipt on earned income, and certificate of income tax withholding, etc.
Business income Certificate of income, withholding tax receipt on business income, final return of tax base, and voluntary payment statement, etc.
Pension income Letter of confirmation of entitlement to pension benefits, etc.
Other income Recognized by HF/National pension payment certificate, national health/long-term care insurance payment certificate, and certified copy of resident registration (minimum cost of living support), etc.

Customers may obtain various products (Regular Bogeumjari Loan, Prime Rate Bogeumjari

Loan, Installment Payment Bogeumjari Loan) via Internet or by visiting financial institutions.