The Housing Finance System

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A. Primary Housing Finance Market

A.1 Industry Structure and Performance
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
Types of originating lenders/market share:A.1.2
Level of Non-Performing Mortgage Loans (90 days or more past due):A.1.6
Average 1997-2007 A.1.7
A.2 Size of Mortgage Finance Sector
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
Total amount of home mortgage loans outstanding at the end of year in millions of USD:1,037.33 USD (millions)769.35 USD (millions)651.2 USD (millions)A.2.1
Total amount of home mortgage loans outstanding at the end of year as % of GDP (current)5.28%3.98%3.43%
Nepal Rastra Bank and WDI
A.2.1.1
and as % of all credits outstanding 7.33%6.44%
Nepal Rastra Bank
A.2.1.2
A.3 Housing Finance Products
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
Mortgage products as % of all mortgages (approx.) in local currency:A.3.1
Most prevalent type of foreign currency mortgage used:A.3.3
Most frequent interest rates on fully amortizing:A.3.4
Typical lender fees associated with mortgage origination: A.3.6
Typical third party fees associated with mortgage origination:A.3.7
Loan-to-Value (LTV) on first mortgage: A.3.8
Maximum LTV 60 
Commercial Banks
A.3.8.1
Mortgage pmt-to-income ratio A.3.10
A.4 Lending and Servicing Process
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
Which institutions define underwriting rules? A.4.2
A.5 Credit Risk Assessment
B. Funding Sources for Mortgages and the Secondary Mortgage Market
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
What are the main funding sources for mortgages?B.1
Retail funding (deposits/other)primary  
Nepal Rastra Bank
B.1.1
Other secondary  
Development, Finance Company
B.1.5
C. Housing Microfinance
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
Types of lenders operating in the housing micro-finance (HMF) sector:C.2
Level of NPLs (>90 days past due) in HMFC.4
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Notes: Typical Max LTV at NBL, NIBL, Kumari, BOA,NMB