1주택 전세자금대출There are various tax reduction systems, including capital gains tax exemption benefits and comprehensive real estate tax savings that will be implemented in the future. Of course, these are useful systems, but they also have some shortcomings.
The point is that in order to enjoy these benefits, it is difficult to move out of one house. Not being able to move out of one house means living in your own home. What’s the problem? I might want to. If the price of your actual home rises, it can be good because your asset value rises. However, we cannot generate more cash flow than that. This means you can’t make a profit until you sell your home.
So, how can a single homeowner create cash flow?
A representative example is transfer. Rather than simply selling your current home and moving to a new home, it is a method of renting out the home you own and finding a lease or monthly rent to live in another home. This means moving into a house with a lower amount of monthly rent or jeonse rent. If so, you can generate sufficient cash flow.
If so, I have something to worry about. The question is: Can single-home owners receive loans other than a home mortgage loan?
Yes, even one-home owners can receive a lease loan. There are conditions, though. Let’s learn more in this article.
1 The conditions under which a homeowner can receive a loan for rent are divided into two types: general and exceptional.
If you own a house with a market value of KRW 900 million or less in a non-regulated or regulated area, you can take out a lease loan.
Conversely, there are cases where a lease loan is not possible.
This is the case when an apartment worth more than 300 million won is purchased in a speculative area or an overheated speculative district after July 10, 2020. In this case, you live on a jeonse basis and then purchase a new apartment, and the existing jeonse deposit is immediately recovered.
A typical example is when you have to move or live apart from your family.
All three conditions below must be met.
A typical example would be a wild goose dad, where the family lives in an existing house and only the father seeks to rent somewhere else. In this case, a lease loan is possible even in regulated areas and above the standard amount.
The maximum loan amount varies depending on the company that guarantees a home rental loan.
You cannot receive a loan directly from the three places above, but you must go through a designated bank. Additionally, loan interest rates may vary depending on the bank and individual credit and income.
The loan amount can be up to 80% of the jeonse deposit. Even if Bank A provides a loan for jeonse funds through Seoul Guarantee Insurance, if the jeonse price is 300 million won, it can only lend up to 240 million won.
If the conditions and limits mentioned above are sufficient, you can apply for a loan through a nearby financial institution bank. Limits and interest rates may vary depending on the bank or loan counselor, so be sure to do your research even if it is difficult.
If you are not able to get a loan from the first financial institution, you can also apply from the second financial institution, so please keep this in mind. Recently, internet banks such as Kakao Bank are also said to be resuming rental loans, so it is necessary to check in various ways.
You don’t have to. What could be better than living where you want? However, it may be a shame that the most money is buried where I am sitting. I think this might be something you can think about at times like that. Because it may be beneficial to send hundreds of millions of dollars to a better place rather than having it piled under me. 🙂
