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Reverse Mortgage Guarantee Business: Tama Shinkin Bank Begins Handling for Business Funds

NQ Score 94/100

AI Summary (NQ-processed)

And Do Holdings' subsidiary, Financial Do, in partnership with Tama Shinkin Bank, has expanded its reverse mortgage guarantee business to include business funds, effective April 1, 2026.

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Frequently Asked Questions

Q: What is the reverse mortgage guarantee business?
A: It's a system where you borrow money using your home as collateral and repay it by selling the home upon death. And Do Holdings' subsidiary provides that guarantee.
Q: What changes with this announcement?
A: Previously, it was mainly for retirement funds, but now sole proprietors and corporate managers can also use it for business funds.
Q: Can it be used at other financial institutions besides Tama Shinkin Bank?
A: Currently, it's available at Tama Shinkin Bank, but And Do Holdings plans to expand partnerships with many other financial institutions in the future.