Mortgages will be provided under the same terms KHFC will provide mortgage through nine originating institutions on the same terms, even though the mortgage transfer commitment with these institutions expires on May 28th. Borrowers who want to take out mortgages can do so at Kookmin Bank, Kiup-Bank, Korea Exchange Bank, Woori Bank, Korea First Bank, Hana Bank, Dae-Han Life Insurance, and Sam-Sung Life Insurance. The contract terms of mortgages are the mortgage rate (basic 6.7 %, could be as low as 6.5 %), mortgage period (10, 15, 20 years), and maximum LTV of 70%. In the 40 business days since mortgages were offered on March 25 to May 24, 881 billion won in mortgages (12, 541 loans) was originated. The nine originating financial institutions accounted for the follows amounts: Hana Bank (422 billion won), Kookmin Bank (88.5 billion won), Korea First Bank (81.8 billion won), Woori Bank (77 billion won), Korea Exchange Bank (62.8 billion won), Sam-sung Life Insurance (52.9 billion won), Nonghyup (35 billion won), Dae Han Life Insurance (31.9 billion won), and Kiup- Bank (29 billion won).