The Housing Finance System

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    A. Primary Housing Finance Market

    A.1 Industry Structure and Performance
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Types of originating lenders/market share:A.1.2
    Universal/ commercial banks  70.9% of total
    UN Habitat - Housing Finance Mechanism in Bolivia
    		A.1.2.1
    Other depository institutions (savings and loans/mutual savings and credit institutions)  27.58% of total
    UN Habitat - Housing Finance Mechanism in Bolivia
    		A.1.2.2
    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 2018End of 2017End of 2016SourcesVar ID
    Total amount of home mortgage loans outstanding at the end of year in millions of USD:  3,696.05 USD (millions)A.2.1
    Total amount of home mortgage loans outstanding at the end of year as % of GDP (current)  11.13%A.2.1.1
    and as % of all credits outstanding  21%
    Central Bank of Bolivia - Financial Stability Report
    		A.2.1.2
    A.3 Housing Finance Products
    VariableEnd of 2018End of 2017End of 2016SourcesVar 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  100
    Various Commercial Banks
    		A.3.8.1
    Typical LTV at origination  80
    Various Commercial Banks
    		A.3.8.2
    Maximum term over which pmt is calculated?   30 years
    Various Commercial Banks
    		A.3.9
    Mortgage pmt-to-income ratio A.3.10
    A.4 Lending and Servicing Process
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Does the mortgage industry use standard principles/guidelines for underwriting?  Yes
    UN Habitat
    		A.4.1
    Which institutions define underwriting rules? A.4.2
    Secondary market facility  Yes
    UN Habitat
    		A.4.2.2
    A.5 Credit Risk Assessment
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Do credit bureaus exist?   YesA.5.2
    B. Funding Sources for Mortgages and the Secondary Mortgage Market
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    What are the main funding sources for mortgages?B.1
    Retail funding (deposits/other)  Primary
    Banco Bisa: Annual Report
    		B.1.1
    Wholesale funding: loans from other banks or corporations  Non-applicable
     
    		B.1.2
    Funding through mortgage bonds   Non-applicable
     
    		B.1.3
    Funding through securitization of mortgages  Non-applicable
     
    		B.1.4
    C. Housing Microfinance
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Types of lenders operating in the housing micro-finance (HMF) sector:C.2
    Level of NPLs (>90 days past due) in HMFC.4
    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