Image source: Kompas

Kompas, 2 July 2018

Bank Indonesia urges people to be more careful in determining mortgages because of the relaxation of Loan To Value (LTV) policies to banks.

Therefore, BI and Otoritas Jasa Keuangan (OJK) does not regulate further or in other words freeing banks to determine the amount of down payment (DP) against the purchase of the first house.

In addition, the amount of repayments and tenor of credit payments was entrusted entirely to the bank that provides mortgage services.

This article was released by Kompas. Read full article HERE. [Article is in Bahasa]

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