Investor Presentaiton
Relaxing the Loan-to-value (LTV) and Financing-to-Value (FTV) Ratios*
The LTV/FTV relaxation is conducted while taking into account aspects of prudential and consumer
protection*
1. Increasing opportunities of first time buyers to fulfill their housing
needs through housing loan, specifically by adjusting the LTV ratio
for property loan and the FTV ratio for property financing for the
1st facility, 2nd facility, etc., making the largest LTV ratio for
property credit and FTV ratio for property financing as shown in the
table below.
PROPERTY LOAN & PROPERTY FINANCING BASED ON
MURABAHAH & ISTISHNA DEEDS
2.
3.
Relaxing the amount of loan/financing facility through indent
mechanism to a maximum of 5 facilities without taking
account of the orders
Adjusting the arrangement of stages and amount of property
loan/financing disbursement of indent property:
Stage and Disbursement Rate
House/Office House/Shop
Current Regulation
Conditions
PROPERTY FINANCING BASED ON MMQ & IMBT DEEDS
Current Regulation
Relaxation
Current Regulation
Relaxation
PROPERTY TYPE
PROPERTY TYPE
Property Loan &
(m²)
Financing
Property Loan
& Financing
Property Financing
Property
Financing
(m²)
I
II
III etc
Il etc
||
I
etc
Max. Cumulative disbursement up to 40% of ceiling
Max. Cumulative disbursement up to 80% of ceiling
Max. Cumulative disbursement up to 90% of ceiling
Max. Cumulative disbursement up to 100% of ceiling
etc
HOUSE
HOUSE
Type >70m²
85% 80% 75%
80%
Type>70m²
90% 85% 80%
85%
Type 22-70m²
85% 80%
85%
Type 22-70m²
90% 85%
90%
Type <=21m²
Type <=21m²
APARTMENT
APARTMENT
Apartment
Max. Cumulative disbursement up to 40% of ceiling
Max. Cumulative disbursement up to 70% of ceiling
Max. Cumulative disbursement up to 90% of ceiling
Max. Cumulative disbursement up to 100% of ceiling
Footing finished
Roof toop finished
Letter of acceptance signing
Letter of acceptance accompanied with deeds of
purchase and mortgage deeds/authorization for
the assignment of a mortgage
Footing finished
Roof toop finished
Letter of acceptance signing
Letter of acceptance accompanied with deeds of
purchase and mortgage deeds/authorization for
the assignment of a mortgage
Type >70m²
85% 80% 75%
80%
Type >70m²
90% 85% 80%
85%
Relaxation
Type 22-70m²
90% 85% 80%
85%
Type 22-70m²
90% 85% 30%
85%
Type <=21m²
85% 80%
85%
Type <=21m²
85% 80%
85%
SHOP/OFFICE HOUSE
85% 80%
85%
SHOP/OFFICE HOUSE
85% 80%
85%
66
"The LTV rate depends on each bank's risk management
Stage and Disbursement Rate
House/Office House/Shop House
Max. Cumulative disbursement up to 30% of ceiling
Max. Cumulative disbursement up to 50% of celling
Max. Cumulative disbursement up to 90% of ceiling
Max. Cumulative disbursement up to 100% of celling
*As part of further relaxation on macroprudential policy, an adjustment will be applied starting from December 2nd, 2019
Source: Bank Indonesia
After loan deeds
Footing finished
Roof toop finished
Conditions
Letter of acceptance accompanied with deeds of
purchase and covernote
106View entire presentation