1599-9999
1
Guarantee Counseling and Application
- Visit a nearby HF branch office for Home Pension counselling (Counseling session is mandatory and an applicant must sign *Home Pension counselling checklist as an evidence to have received the counselling.)
- Fill and submit an application form with the required documents
2
Guarantee Deliberation (HF)
- Borrowers/property eligibility review
- On-site investigation
- Price appraisal of the collateral house, etc.
3
Guarantee Agreement / Property Collateralization (HF)
4
Issuance of a Guarantee Certificate (HF)
5
Reverse Mortgage Origination (Financial Institutions)
- Borrowers sign the loan application and agreement
- Loan originated by FIs.
Required Documents
| List of Documents | Issuance | Remarks |
|---|---|---|
| Two certified copies of resident registration / Resident Center(district office), etc. | Resident Center(District Office), etc. |
|
| A copy of the Perusal of Information on households that moved in | “ | “ |
| A copy of the Family Relation Certificate | “ | “ |
| Three copies of the Certificate of Seal Impression | “ | Two copies to be submitted to KHFC and one copy to the bank. |
| Original Copy of the Title Registration Certificate | Held by the homeowner | Held by the homeowner./ The certificate is returned to the homeowner after used for the registration of mortgage establishment. |
Financial institutions handling Home Pensions
1599-9999
1566-2566
1566-2566
1588-2100
1588-2100
1544-9306
1544-9306
1599-5000
1599-5000
1588-1111
1588-1111
1600-8585
1600-8585
1588-3388
1588-3388
1566-5050
1566-5050
1544-6200
1544-6200
1588-4477
1588-4477
1588-0079
1588-0079
1588-1515
1588-1515
1588-1001
1588-1001
1588-2288
1588-2288
1522-2100
1522-2100