DGB Daegu Bank Launches IM Mortgage Loan with 'Lowest Interest Rate 4.05%'

Up to 1 Billion KRW... Possible Below 1.5 Billion KRW Market Price in All Areas

DGB Daegu Bank IM Mortgage Loan Image.

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] DGB Daegu Bank will offer the ‘IM Mortgage Loan’ service starting September 1, allowing non-face-to-face loans up to 1 billion KRW without regional restrictions.

The ‘IM Mortgage Loan’ can be applied for 365 days through the IM Bank app, and customers can check their loan eligibility and interest rates in advance without signing up for IM Bank during the loan application process.

Additionally, without visiting the bank separately, customers can easily and quickly submit the necessary loan documents automatically through a shared certificate, enhancing customer convenience.

The maximum loan amount available is 1 billion KRW, and the loan interest rate is a minimum annual rate of 4.05%, regardless of credit rating or transaction history.

If the apartment is located anywhere in the country without regional restrictions, the loan can be used for new home purchase funds, living stabilization funds, refinancing existing mortgage loans, and jeonse deposit return loans, and it is also available for spouses with joint ownership.

Eligible customers include salaried workers, business owners, and pension income earners who have at least one month of salary or pension income, or business owners who can issue income certificates.

Repayment methods can be chosen according to the customer’s situation between equal principal and interest installment repayment, where the same amount is repaid monthly, and equal principal installment repayment, where the same principal amount is repaid monthly.

In particular, it is possible to purchase a home and refinance existing mortgage loans without visiting a branch, and the burden of submitting loan documents has also been minimized.

Unlike the previous method of submitting documents by visiting a branch, the real estate sales contract can be submitted by taking a photo, and the remaining documents required for loan screening are automatically submitted non-face-to-face through IM Bank.

For home purchase loans requiring ownership transfer registration, a legal agent affiliated with DGB Daegu Bank visits the customer directly to proceed, and in the case of refinancing existing mortgage loans, the legal agent handles the repayment process directly, eliminating the need for the customer to visit the bank.

An event commemorating the launch of the IM Mortgage Loan will also be held. From next month’s 1st to November 1st, for about two months, 100 Americanos will be given by lottery just for checking the IM Mortgage Loan limit through the IM Bank app, and all customers who execute a loan will receive a 30,000 KRW Yogiyo gift certificate.

A DGB Daegu Bank official said, “We hope that the IM Mortgage Loan product with low interest rates will contribute to the smooth supply of housing funds for real demand and residential stability,” and added, “DGB Daegu Bank will continue to strive to discover various user-centered digital products and services.”