Personal housing is one of the primary needs that cannot always be realized by everyone. In fact, a few years ago Low-Income Communities (MBR) still found it difficult to have decent private housing. Most MBR usually choose a house contract or live together with other family members.
Since the beginning of 2015, the Director General of Housing Financing at the Ministry of Public Works and Public Housing, Lara Rinaldi, has asked local governments to record data on the number of MBRs. So that the target housing loan (KPR) subsidies can be received by the right party. There are thousands of Jabodetabek subsidized houses ready to facilitate the needs of the MBR in the present and the future.
The government has been working with banks and property developers for the past several years in the provision of subsidized housing. This is expected to be a solution for MBR who don’t have a private home yet. Because subsidized KPR requirements are certainly much lighter and easier than ordinary mortgages.
If you want to take advantage of the subsidized mortgage system in order to have a private residence, then you must prepare the following conditions:
Age and Citizenship Requirements
People who want to apply for subsidized KPR must be Indonesian Citizens living in Indonesia. The minimum age for submission is 21 years or married status. But Indonesian citizens who live in other countries and work as Indonesian Migrant Workers (TKI) need not worry. Because the government has also launched a subsidized KPR program for migrant workers since 2015. So, migrant workers who work in Japan, Hong Kong, Singapore, and South Korea also have the opportunity to have a house with a subsidized mortgage system.
Completeness of Identity that Must Be Prepared
The completeness of the identity needed to apply for subsidized KPR, namely a photocopy of the applicant’s and spouse’s ID card, a photocopy of the Family Card (KK), and a photocopy of marriage certificate (if already married), and a photocopy of the NPWP. In addition, the subsidized KPR applicant must also make a statement that he does not have a house and the certificate has never received a subsidized KPR facility.
Other Requirements for Employees
MBR who work as employees are required to attach the latest salary slip or income statement and employment certificate or a photocopy of the decision to appoint a permanent employee. This is to ensure that employee income meets the requirements for applying for a mortgage, which is a maximum of 4 million for home mortgages and 7 million for housing mortgages. KPR applicants who have more income than these conditions cannot own a house with a subsidized KPR system.
Other Requirements for Entrepreneurs
Subsidized mortgage requirements for entrepreneurs are certainly somewhat different from the requirements for employees. Entrepreneurs who are involved in Micro, Small and Medium Enterprises (MSMEs) must attach a Trade Business License (SIUP), Company Registration Certificate (TDP), and financial statements for the last 3 months. The period of entrepreneurship or a minimum of 1 year employee employment to apply for subsidized housing loans.
Preparation of Advances and Current Accounts
For matters of down payment preparation (DP), the range of the amount of subsidized mortgage subsidies starts from 1%. While the installment rate is 5% fixed throughout the term of the loan. You must also include a checking account for the past 3 months. So that the bank that facilitates subsidized mortgages can check your eligibility as a claimant. The ability to pay down payments and mortgage installments is an important thing that will support the smooth process of the mortgage.
It’s proven that owning a house with a subsidized mortgage system is now not as difficult as you might think. Complete the requirements and fill out the mortgage application form complete with a recent passport photo. Then your subsidized mortgage application will be processed according to procedure. Realize the desire to have a private residence for the better welfare.