HF Steps Up Tailored Housing Finance Services

- In his New Year’s address, HF CEO pledges ceaseless housing welfare efforts despite the COVID-19 crisis  

Korea Housing Finance Corporation (HF) CEO Lee Jung-Hwan stressed in his New Year’s address, “Keeping in mind that a journey of a thousand miles begins with a single step, we will remain committed to increasing the happiness of the public and improving the housing welfare of low-income households.”

CEO Lee added, “Despite COVID-19 constraints, we will listen to the needs of the people and fulfill our roles and responsibilities for them. To this end, we will expand our housing finance services that cover the entire life cycle, accommodating the specific needs of different age groups, including youth-oriented jeonse and monthly rent loans and youth housing projects for non-homeowning young people and a trust-type Home Pension reverse mortgage scheme for older adults.”

He went on to say, “Digitization will accelerate in the post-COVID-19 era. In this regard, we will expand the coverage and scope of our contact-free government-sponsored mortgage services, provide our online-only jeonse loan guarantee services via a larger number of financial institutions, and upgrade our online Home Pension application system, thus improving the qualitative and quantitative level of our online government-sponsored housing finance services.”