BI Relaxes LTV and FTV for Property Mortgage Loan | KF Map – Digital Map for Property and Infrastructure in Indonesia
BI Relaxes LTV and FTV for Property Mortgage Loan
Monday, 22 February 2021

The Central Bank of Indonesia (BI) has relaxed the Loan to Value (LTV) and Financing to Value (FTV) for property mortgage loans to the maximum of 100%, effective from March to December 2021. It allows consumers to apply mortgages for houses (KPR) and apartment (KPA) with a down payment of 0%. This relaxation is available for all property types, including landed houses, vertical houses, shophouses and office house (rukan), for consumers with non-performing loan (NPL) less than 5%.

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