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Topic / Subtopic:
Housing Mortgage Loans /
Credit conditions

Year 2024
Country Ecuador
Variable (Code) Typical LTV on 1st mortgage (CV-4-07)
Methodological note The typical loan-to-value (LTV) ratio of housing mortgages originated during the year. The LTV corresponds to the quotient between the total mortgage loan amount and the appraised value of the property securing it. The typical ratio is the most frequent one (mode).
Source IESS / https://iess.net.ec/politica-de-los-creditos-hipotecarios-del-iess/
Note Si el precio supera el monto máximo del valor inmueble, solo se invertirá el 80% y costo restante será cubierto por el solicitante.
Date Dic-24