Shinhan Bank Allocates Additional 500 Billion Won in Mortgage Loans for Young Borrowers
Allocation for Broker Channels
Targeting Customers Aged 39 or Younger
Shinhan Bank will allocate an additional special limit for mortgage loans specifically targeting young borrowers with genuine loan needs.
According to the financial sector on September 17, Shinhan Bank has decided to allocate a total mortgage loan limit of 500 billion won for customers aged 39 or younger through the broker channel.
The allocation will take place in two phases: the first tranche of 250 billion won is available from September 18, followed by a second tranche of 250 billion won starting October 2.
Loans can be executed from November 6 to November 18.
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Previously, Shinhan Bank resumed mortgage loans through the broker channel on September 1, but the limit was exhausted within two days and the program was suspended. Shinhan Bank manages new household loan limits through broker channels on a monthly basis.
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