Even with Money, Loans Won't Come Through... KB and Woori Banks Tighten Housing Loan Limits, Stranding Real Demanders

Kookmin Bank's reduction of housing mortgage loan limits by half has been followed by Woori Bank's drastic cut in branch-level loan ceilings, intensifying the burden on potential homebuyers. With regulators maintaining strict control over household loan volumes, other banks are expected to introduce additional restrictions in the second half of the year. Woori Bank is reducing housing-related loan ceilings to 10 billion won per branch from 30 billion won, while KB Kookmin Bank halved its housing mortgage limit to 3 billion won. Other banks like Shinhan and NH Nonghyup have also imposed restrictions, creating uncertainty for real demanders.