Hana Bank Expands and Revamps Non-Face-to-Face Mortgage Loan Products

100% Non-Face-to-Face Process from Loan Application to Execution
Accurate Limit and Interest Rate Confirmation in Just 3 Minutes

[Asia Economy Reporter Song Hwajeong] Hana Bank announced on the 17th that it has expanded the target of its non-face-to-face mortgage loan products from existing apartments to include row villas and multi-family houses.

Hana Bank's non-face-to-face mortgage loan product, 'Hana One Q Mortgage Loan,' allows customers to check loan limits and interest rates with just a mobile phone registered in their name and a joint certificate, and the entire process from application to final execution can be completed 100% non-face-to-face without submitting documents or visiting a branch.

In particular, loans can be applied for various purposes according to customer needs, including purchase funds, lease deposit returns, and living expenses, targeting all apartments, row villas, and multi-family houses nationwide. The lowest interest rate is 3.346% per annum (as of May 17), and the loan limit is up to 500 million KRW.

A representative from Hana Bank's Digital Retail Group said, "As untact lifestyles become common and digitalization expands in the financial sector, Hana Bank plans to continuously promote digital innovation that enhances financial consumers' convenience, such as the implementation of this revamped non-face-to-face mortgage loan product."

Hana Bank has been advancing digital innovation in financial products, handling 2,081 cases and approximately 320 billion KRW in mortgage loans through non-face-to-face channels as of the end of the first quarter this year, via the 'Hana One Q Apartment Loan' launched in April last year.

Detailed information about the newly implemented Hana One Q Mortgage Loan product can be found on Hana Bank's website and the mobile app 'Hana One Q.'