How Jeonse Loan Limits Compare Across Guarantee Agencies
A jeonse deposit loan in Korea isn't underwritten by the bank alone — it's backed by a guarantee from HUG, HF, or SGI Seoul Guarantee. Each agency applies a different guarantee ratio against your deposit and a different cap, so the same deposit can qualify for different loan amounts depending on which agency backs it.
Estimated Limit by Agency
HUG: 90% of deposit (capped around $300,000) · HF: 80% of deposit (capped around $165,000) · SGI: 90% of deposit (capped around $375,000). An income-based repayment cap — 40% of annual income divided by an assumed 4.5% rate — is also applied to arrive at the final estimate.
Before You Apply
This calculator simplifies general guarantee rules into a rough estimate. Actual limits depend on your credit score, debt-to-income ratio (DSR), and each bank's internal policy, so confirm exact figures with a bank or the guarantee agency directly before applying.
Frequently Asked Questions
HUG (Korea Housing & Urban Guarantee Corp), HF (Korea Housing Finance Corp), and SGI Seoul Guarantee are the three main agencies that guarantee jeonse deposit loans in Korea, each with different guarantee ratios and caps.
Each agency applies a different guarantee ratio against the deposit amount and a different maximum cap, so the same deposit can yield different loan limits depending on the agency.
No. This is an estimate based on general guarantee ratios. Actual limits depend on your credit score, debt ratio (DSR), and the bank's own policies, so confirm the exact amount with a lender.