Mortgage Guarantee Product Launched
- Date 2006-04-14
- Views 5,210
□ Mortgage Guarantee Product Launched
On April 5, KHFC began offering its Mortgage Guarantee Product. It allows for higher lines of credit on mortgage loans and quicker, more convenient provision of guarantees than the current guarantee method, in which a mortgage loan guarantee is required.
As guarantee screening fot individuals is currently performed, only KHFC's CSS and CB were applied in parallel. In the future, guarantees may be also provided only with the CB of external credit rating agencies (NICE and KIS).