Want To Advance KPR? Know First The Subsidized Home Credit Akad

Illustration of a subsidy (Antara) house.

YOGYAKARTA The process of subsidized home credit contracts must be known, especially for someone who wants to apply for a Home Ownership Loan (KPR).

Originally, the subsidized home loan process was the same as the usual home credit contract process, aka non-subsidized. This process is the last stage that must be carried out by a debtor or a house buyer.

Proses akad kredit baru dilakukan setelah pengajuan KPR diterima dan disetujui oleh perbankan. Akad kredit rumah dilakukan di depan notary pada waktu yang sudah ditetapkan.

Pihak yang Harus Kehadir dalam Proses KPR Rumah Subsidi

Compiled by VOI from various sources, the subsidized home credit contract process must be attended by all parties involved and not allowed to be represented by anyone. The reason is, during the process, the parties involved are required to show their identities to the notary.

If the debtor the person who owes/receivables credit is a married couple, then both of them must be present when doing an contract in front of a notary.

In more detail, here are the parties who must be present in the subsidized home credit contract process:

If the subsidized home credit contract process goes well, then the credit application document will be directly approved by the bank once the credit giver (creditor).

Furthermore, the banking sector will send dapa to the developer or provider of subsidized houses.

Questions that Must be Asked to Banking When Upgrading KPR

When applying for Home Ownership Loans, there are a number of questions that you should ask creditors, including:

When the subsidized home credit contract process takes place, the credit giver will explain the amount of the KPR value and the amount of installments every month. If the bank does not explain it, you must ask that there is no conflict in the future.

The second thing you have to ask the bank when applying for a mortgage is the tenor or the loan period.

Confirm the tenor that you have agreed with the bank to avoid errors in the credit contract.

Also ask about fines or sanctions if credit payments pass the due date.

If banks impose sanctions, ask if there is anything they can do to relieve them.

Please note, credit repayment cannot be done carelessly during the KPR period. In fact, some banks give a penalty if credit repayment is not in accordance with the agreed time.

Therefore, ask the banking sector, after installments on how much credit repayment can be done by debtors earlier?

Subsidized Home Credit Akad Process Alur

As mentioned above, the subsidized home credit contract process must be carried out in front of a notary and cannot be represented, because there are credit agreement certificates signed by buyers (debtors), banks (creditors), sellers (developers), and notaries.

The things in the credit agreement deed are legal and must be obeyed by all parties involved.

After completing the subsidized home credit contract process, the seller and the buyer will submit the documents required by the banking sector.

The developer is required to submit a Ownership Certificate (SHM) document, Building Permit (IMB), and others.

Meanwhile, the documents submitted by the buyer are the original Identity Card (KTP) and photocopies, Family Cards (KK), Taxpayer Identification Number (NPWP), and marriage book.

Next, a notary will check the truth of the document. If the documents provided are appropriate, the buyer will get proof of ownership of the subsidy house.

The documents that will be received by the buyer include:

That's the information about the flow of the subsidized home credit contract process. Hopefully it will be useful.