The Ministry of Land, Infrastructure and Transport utilizes the Housing and Urban Fund to operate low-interest loans (purchase funds and cheonsei loan funds) for low-income households. Creating and distributing applications to enable loan applications through mobile applications

󰊳 app features

ㅇ Check information for each loan product (loan target, interest rate, limit and period, etc.)

ㅇ Loan application

ㅇ Electronic collection of loan documents (consent to provide personal information and financial information)

ㅇ Check the status of loan review

ㅇ Application for objection in case of ineligibility for loan review

󰊴 Products that can be applied for using the app

ㅇ Stepping stone loan

- Target: Couples with combined annual income of 60 million won or less (first-time homebuyers, households with two or more children, or newlyweds: annual income of 70 million won or less), non-homeowners with net asset value of 370 million won or less
- Interest rate: 2.0%~3.15% per annum
- Limit: up to 240 million won
- Period: 10 years, 15 years, 20 years, 30 years

ㅇ Purchase funds exclusively for newlyweds

- Target: Married couples with combined annual income of 70 million won or less, net asset value of 371 million won or less
- Interest rate: 1.7%~2.75% per annum
- Limit: up to 240 million won
- Period: 10 years, 15 years, 20 years, 30 years

ㅇ Shared mortgage

- Target: Couples with combined annual income of 60 million won or less (first-time homebuyers, households with two or more children, or newlyweds: annual income of 70 million won or less), non-homeowners with net asset value of 370 million won or less
- Interest rate: 1% to 2% per annum
- Limit: up to 200 million won
- Period: 20 years

ㅇ Supporting Jeonse Loan

- Eligibility: Homeless householders with combined annual income of 50 million won or less and net asset value of 280 million won or less (excluding single householders under the age of 25)
- Interest rate: 2.3%~2.9% per annum
- Limit: 120 million won in the metropolitan area, 0.8 billion won outside the metropolitan area
- Period: 2 years (extended 4 times, up to 10 years available)

ㅇ Jeonse funds exclusively for newlyweds

- Eligibility: Newlyweds with a combined annual income of 60 million won or less and net asset value of 280 million won or less and the head of a household without a home (those who are expected to marry within 7 years or within 3 months)
- Interest rate: 1.2%~2.1% per annum
- Limit: 200 million won in the metropolitan area, 160 million won outside the metropolitan area
- Period: 2 years (extended 4 times, up to 10 years available)



ㅇ Jeonse deposit loan for small and medium-sized enterprises (SMEs) employed

- Target: Couples with combined annual income of 50 million won or less (one earning 35 million won or less), non-homeless householders with net asset value of 280 million won or less (including prospective household owners), employees of small and medium-sized enterprises or small and medium-sized enterprises (SMEs), Korea Credit Guarantee Fund and Technology Guarantee Fund Those who have received support for youth entrepreneurship, young people aged 19 to 34 years old
- Interest rate: 1.2% per annum
- Limit: up to 100 million won
- Period: 2 years (extended 4 times, up to 10 years available)

ㅇ Youth-only products

- Monthly rent with guarantee for young people, support for young people, etc.

ㅇ Monthly rental for stable housing

- Target: (Preferential type) Job-seeking students, Hope Kiwoom bankbook subscribers, working subsidy recipients, beginners in society, child subsidy recipients (general type) Couples whose combined annual income is 50 million won or less, not falling under the preferential type (common) Couple’s combined net asset value of 280 million won Below
- Interest rate: (Preferential type) 1.5% per year (General type) 2.5% per year
- Limit: up to 9.6 million won (within 400,000 won per month)
- Period: 2 years (extended 4 times, up to 10 years available)

󰊵 app operating organization

ㅇ Housing and Urban Guarantee Corporation, a dedicated operating institution for the Housing and Urban Fund