Housing Finance Policy

Text bolded/green below shows notes and variable definitions when you roll over. If you cannot see the notes, please download an Excel version from the Research Center, which includes notes. Also, a PDF featuring variable definitions is available in the document list under "Definition of Hofinet Variables".

 

A. Legal and Regulatory Framework

A.1 Legal and Regulatory Framework
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Basis of the legal system: Civil, Common, Islamic, Other? (Describe)Civil LawCivil LawCivil LawA.1.1
Registration/Transfer of titles:A.1.3
Typical number of days needed for the transfer of title919191
WDI
A.1.3.4
Are there legal constraints on mortgage features?Yes  A.1.6
Is there specialized legislation covering:A.1.9
B. Housing Finance Subsidies
B.1 Subsidies to Housing Finance Institutions
B.2 Subsidies to Households
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Are there subsidies to households on housing finance?YesYesYesB.2.1
Interest rate subsidies by special government fundsYesYesYesB.2.1.1
Down-payment subsidies YesYesYesB.2.1.3
Reach of subsidies in 2.1.1 to 2.1.4 ?B.2.2
C. Taxation
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
What taxes apply to Residential Real Estate?C.1
back to top | Country Data:
Notes: 1000 bolivianos converted using the end of year rate 6.91 bolivianos/USD
Notes: 11,249 million bolivianos for end of Dec 2011 with an end of year exchange rate of 6.91 Bolivianos/USD
Notes: 647 bolivianos converted using the end of year rate 7.02 bolivianos/USD
Notes: 679.50 bolivianos converted using the end of year rate 7.02 bolivianos/USD
Notes: 815.40 bolivianos converted using the end of year rate 6.99 bolivianos/USD
Notes: 9,010 million bolivianos for end of Dec 2011 with an end of year exchange rate of 6.99 Bolivianos/USD
Notes: Cooperatives and Mutual Savings
Notes: Interest rate caps on social housing (5.5-6.5%), corporate loans (6%), SME loans (6%)
Notes: Max LTV of 100 is reserved for social-interest housing. 80 otherwise
Notes: Max term is reserved for social interest housing. 20 otherwise
Notes: Represents an average of 35,000 units a year, with an estimated half of these units being formal units and the other half supplied through the informal markets.
Notes: Represents an average of 35,000 units a year, with an estimated half of these units being formal units and the other half supplied through the informal markets.
Notes: Superintedency of Banks and Financial Institutions (SBEF) defines the underwriting rules for mortgages.
Notes: US$1,627.93 million total amount of home mortgage loans divided by US$24,604 million total GDP
Notes: US$1,627.93 million total amount of home mortgage loans divided by US$24,604 million total GDP