Personal Second-Lien Mortgage Loan

CPLE

Loan Product Information

Eligibility

• Korean nationals aged 20 or older
• NICE credit score of 355 or above
• Applicant or spouse must have a verifiable source of income

Interest Rate

• Fixed rate: from 6.0% p.a. to 19.9% p.a.

Loan Amount

• Minimum: KRW 10 million
• Maximum: KRW 4 billion

Loan Term

• 6 to 24 months

Loan Purpose

• Household (personal) financing

Interest Payment Schedule

• Interest is due monthly on the payment date designated by the borrower, starting from the loan disbursement date.

Default Interest (Late Payment Charges)

• Calculated as the agreed loan interest rate + an additional 3% per annum, subject to the statutory maximum interest rate.
• If the borrower loses the benefit of the loan term (e.g., by failing to pay interest for three consecutive installments), default interest will accrue daily on the outstanding principal balance.

Loan Extension

• Extension is available.
• However, approval depends on the lender’s review of factors such as the collateral value and payment history. Upon extension, the interest rate and platform fee may change.

Repayment Method

• Bullet repayment (lump-sum repayment of principal at maturity)

Early Repayment Fee

• Applicable.
• If the loan is repaid early within 3 to 8 months after disbursement, an early repayment fee of 1% of the prepaid loan amount will be charged.
• Whether the fee applies depends on the loan type and underwriting results.

Loan-Related Costs

• Platform fee: 1.0%–4.9% (VAT excluded)
• Costs associated with establishing a mortgage lien

Compliance Approval Number

• Compliance Review Approval No. 9136 (June 11, 2026; valid for six months)

Important Notes

• The interest rate is determined based on factors including the loan-to-value (LTV) ratio, investor return, preferential rates based on transaction history, and credit costs.
• The loan will only be disbursed after sufficient investor funding has been secured. Funding is generally expected to be completed within 30 days from the start of the fundraising period.
• If funding is not completed within that period and no separate agreement is reached between the company and the borrower, the loan agreement will be terminated.
• This loan is secured by a mortgage on a residential property. If principal or interest payments are overdue, the mortgage may be enforced, which could result in the loss of ownership of the property.
• Failure to repay principal and interest as agreed may trigger acceleration of the loan, requiring immediate repayment of the entire outstanding balance before maturity. It may also result in adverse credit reporting.
• If the collateral, credit information, or other relevant circumstances change while investor funding is being raised, the loan application may be declined.
• Loan approval is subject to CPLE’s underwriting standards.
• Complaints regarding the company’s business practices may be submitted via email (support@cple.co.kr) or through the customer service center (1600-9613). The company is obligated to respond sincerely and take appropriate action.
• If you wish to resolve a dispute, you may apply for dispute mediation through the Financial Supervisory Service (FSS).
• Please carefully consider whether borrowing is truly necessary before taking out a loan.
• Using this loan product may lower your personal credit score, which could restrict your ability to obtain future financial services.
• Please read the Product Description and Terms and Conditions before entering into the loan agreement.
• The company has a duty to provide sufficient explanation regarding this linked loan product. Borrowers should carefully review the product information and CPLE’s disclosures before making a borrowing decision.
• PFC Technologies Co., Ltd. acts as the direct seller of this financial product, enters into the loan agreement with consumers, disburses the loan, and receives repayment of principal and interest in accordance with the contract.
• This page has been prepared in compliance with applicable laws, regulations, and internal control procedures.