And Do Holdings <3457> announced on the 31st that its consolidated subsidiary, Financial Do (headquartered in Kyoto City, hereinafter the same company), will conduct real estate collateral evaluation and debt guarantee for the "Chushin Reverse Mortgage Loan" of Chushin Credit Union (headquartered in Nagoya City), which will be launched on September 2 (scheduled) in partnership with them.
Chushin Credit Union has established the purpose statement "Connect the Mind Create the Future" and has set the important theme of "enriching the regional future" by considering the challenges of its customers together with its customers. In order to respond to concerns about retirement funds for the senior generation, they had been exploring products that could not be fully covered by current loan products, but have decided to offer the "Chushin Reverse Mortgage Loan", which has freedom in the use of funds, through their partnership with Financial Do.
In the future, And Do Holdings and Financial Do will realize partnerships with many financial institutions to promote the growth of reverse mortgage guarantee business, expand products for the growing senior market needs and provide services utilizing real estate, contributing to the revitalization of the Japanese economy.
