Huge Surge in Loan Transfers: 3 Trillion Won Requests Exceed Expectations

Breaking News: Surge in Loan Transfer Requests Exceeds 3 Trillion Won

In a remarkable trend of loan transfers, the amount of applications for “주담대 환승” has surpassed 3 trillion won, according to reports from Jtbc. Borrowers are flocking to the “주택담보대출 갈아타기” service in an effort to reduce their interest burdens.

High Demand for Loan Transfer Service

Since its launch on the 9th, the “주택담보대출 갈아타기” service has been inundated with users, with over 6,000 applicants in just 3 weeks. The total amount of applications has reached an impressive 2.9 trillion won, reflecting the growing popularity of loan transfers. The average interest rate reduction per person stands at 1.55% points.

Delays in “신생아특례대출” Application Process

On the first day of applications for “신생아특례대출”, the service experienced a surge in traffic, resulting in delays. Users had to endure waiting times exceeding one hour. The aim of this special loan is to provide housing funds to encourage childbirth, but some couples in underserved areas are calling for expanded eligibility.

Expansion of Loan Transfer Service

Starting from the 31st, the loan transfer service will be extended to include all types of housing, including “전세대출”. However, borrowers must have taken out the loan at least three months ago and have more than half of the lease contract period remaining.

Positive Impact on Borrowers

The surge in loan transfer requests has prompted banks to competitively lower interest rates, providing relief to borrowers who were struggling with high interest burdens. This development is expected to benefit a wide range of borrowers, including those seeking “신생아특례대출”.

Stay tuned for more updates on this rapidly evolving trend.