New Convenience: Verify Residency Information for Home Loans Directly at Banks Starting October
you will no longer need to visit a local government office to obtain the required residency information for home loans. Starting in October, you will no longer need to visit a local government office to obtain the required residency information for home loans. KB Kookmin Bank and Shinhan Bank have partnered with the Ministry of the Interior and Safety and the Digital Platform Government Committee to allow for online verification of residency information directly through the banks. This change is set to simplify the home loan application process significantly. The process of applying for a home loan just became much easier. Previously, obtaining a required document called the "residency verification certificate" meant a trip to the local government office. This document confirms the residency status of applicants and was essential for home loan applications. Starting in October, however, this will no longer be necessary. KB Kookmin Bank and Shinhan Bank have recently signed a...