Perumnas Home Mortgage is a beneficial program designed by the government to make it possible for anyone to have a house of their own. The program targets those who live on low income and only them as this is a subsidized program. As such, the price of a house could be so affordable that the riches among you would be tempted to invest in the houses. But the government prevents it by making it a requirement that you provide documents stating your condition and the fact that a subsidy of any forms has been granted to you previously. The mortgage program focuses on providing decent private houses to even those with the lowest monthly income among you. Hence, it becomes an obligation that you also include along with other documents a statement that you have never purchased a house in prior—because why would you need an affordable house if you already have a perfect house? Also, as the program is established by Indonesian government, only those with legitimate Indonesian citizenship can apply for this loan—evidenced by the requirement of ID card copy. The program, then, also aims at evening out welfare among Indonesian people.
Another thing of great importance is your credit record. You cannot expect your application get approved if you have troubled credit history. Unpaid credit card bills and unfinished installment payment would get in your way to having a subsidized private house. Loaners would find it hard to believe that you could pay monthly mortgage bills if you could not pay your past debts. This is a liability that causes your mortgage application denied approval. Therefore, it becomes imperative for you to clear everything out before you even start thinking about applying for a mortgage. Even the smallest hitch in transactional history would get you in trouble.
Also, you cannot expect getting approved for your home mortgage application if you are unemployed. The logic is simple; no one would lend you money if they do not know how you can pay the debts, right? So, you need to be a worker at some company for a year, at least. This is the warranty a loan provider will use to review whether or not you are eligible for the home mortgage program. In addition, there are a number of documents you need to provide when you are applying for a home loan. A copy of ID card is necessary so make sure you ID is still valid.