Samsung Electronics will introduce an in-house housing stability program on September 1, offering employees without homes loans of up to ₩500 million (approximately $360,000) for home purchases and up to ₩300 million (approximately $220,000) for rental leases. The employee-borne interest rate is 1.5% per annum. Eligibility is assessed on the loan execution date, and both the employee and spouse must lack residential property, pre-sale subscription rights, move-in rights or officetels. Properties must cost no more than ₩2.5 billion (approximately $1.8 million), while homes in the Seoul metropolitan area and major metropolitan cities must be 85 square meters or smaller. Established under the May 27 labor-management wage agreement, the program will run through 2035. Employees receive a three-year grace period before repaying principal and interest over 10 years. More than 100 inquiries had been submitted to Samsung's FAQ page after the criteria were announced. Married employee couples may use the loan only once per household. Employees who own one home can qualify when selling it and buying another on the same day. Contracts signed after May 27 qualify, while earlier contracts may qualify if final payment is due on or after September 1. For pre-sale rights, the relevant date is when the right was purchased, and the loan limit uses the contract sale price excluding paid optional upgrades. Properties bought from existing tenants must have their lease ended, deposit returned and possession transferred by loan execution so employees can move in directly. The loans are exempt from current DSR regulations, although future regulatory or underwriting changes could affect DSR treatment, loan limits or additional borrowing capacity. There is no prepayment penalty, and partial repayments can be made in ₩1 million increments. Employees may reapply after full repayment if still eligible, while those who resign or lose employee status must repay outstanding principal and interest within 17 days of departure, with separate rules for transfers to affiliates or subsidiaries. SK Hynix recently agreed with labor to expand a similar ₩200 million housing loan at 1.5% annual interest from employees with three or more children to all married employees, but a union vote rejected the tentative wage agreement, leaving the eligibility changes subject to possible renegotiation.