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A Recognition Analysis on Activation of Housing Reverse Mortgage Loans and Mortgage Loans

주택연금과 주택담보대출의 활성화 방안 인식분석

  • Lee, Chan Ho (Dept. of Business Administration, Pusan National University) ;
  • Shin, Yeong Mi (Real Estate Science, Pusan National University)
  • Received : 2014.05.13
  • Accepted : 2014.07.20
  • Published : 2014.07.28

Abstract

This study deals with a comparative analysis on reverse mortgage loans and mortgage loans in order to pave a path for activation of real estate financing. The fact-revealing analysis was conducted through surveys based on theoretical consideration and advanced researches, which has drawn a range of findings. As the results of this study, the important findings concerning the improvement on the activation of practical housing reverse mortgages are applicable to all real estate, diversifying the tax benefits, and deregulation of 1 house, etc. and findings concerning the improvement to activate mortgage loans are diversifying types of interest rates, diversifying types of repayment, tax benefits for less than 15 years maturity period, and granting benefits(low interest rates, higher loan limits) to low-income households, etc. This study has a significance for providing basic materials in order to accomplish advanced finance policies along with social welfare services as suggesting measures to improve and activate real estate financing through the findings out of the fact-revealing analysis conducted as above.

Keywords

real estate financing;reverse mortgage loans;mortgage loans;deregulation;households

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