Loans for Deposit Lease(Jeonse) and Monthly Lease(Wolse)
The government grants loans for lease on a deposit basis and monthly lease using the national housing urban fund (see Articles 1 and 3 of the National Housing Urban Fund Act).※ Visit “thewebsite of the Korea Housing & Urban Guarantee Corporation for housingloans” for further details of the types of loans for lease on a depositbasis and monthly lease, eligibility, application methods, loan's terms, loanrates, etc.
- Commercial banks also operate loan programs for deposit lease and monthly lease.