Indonesian PropTech MilikiRumah Introduces AI Tool for Mortgage Eligibility
Indonesian PropTech MilikiRumah Introduces AI Tool for Mortgage Eligibility
Indonesian property technology firm MilikiRumah has unveiled an artificial intelligence-powered tool designed to streamline the process of assessing mortgage eligibility. This cutting-edge software, which can deliver results in under 10 seconds, aims to revolutionise the home-buying process for individuals with limited access to traditional bank financing.
A Faster Path to Mortgage Readiness
The AI-enabled tool, offered as a Software-as-a-Service (SaaS) product, is specifically targeted at property developers who can use it at real estate project sites. Traditionally, it can take weeks for banks and financial institutions to assess mortgage readiness, but MilikiRumah’s platform condenses this process to mere seconds. Developers pay for the service on a usage-based model.
The launch comes at a critical time for Indonesia, where access to credit remains a significant hurdle for many aspiring homeowners. A large portion of the country’s population is underbanked, meaning they lack formal credit histories despite having stable incomes. By addressing this gap, the platform seeks to empower both buyers and developers.
sbb-itb-fe42743
Leveraging AI for Financial Profiling
MilikiRumah’s advanced system analyses potential buyers’ income, spending habits, repayment capacity, and prior credit patterns to predict their likelihood of mortgage approval. Additionally, the tool identifies potential delinquency risks early in the process, offering benefits not only for buyers but also for developers and lenders.
"Reducing the time taken to assess mortgage eligibility from weeks to seconds transforms how property is sold", said Winston Lee, co-founder and chief executive officer of MilikiRumah. He highlighted how the platform enables developers to focus on buyers who are financially viable while maintaining the company’s broader mission of promoting homeownership.
Growth and Regional Expansion Plans
Currently, MilikiRumah’s SaaS platform is available across more than 100 real estate projects in Indonesia. The company projects this figure will surpass 1,000 projects by the end of 2026. The anticipated gross development value from these partnerships is approximately IDR 4.5 trillion (around USD 268 million), with a database of nearly 1.2 million consumer leads expected to be generated within the same timeframe.
Indonesia serves as a launchpad for the company’s planned regional expansion across Greater Asia. Developers across Southeast Asia are increasingly seeking faster, technology-driven ways to qualify potential buyers and reduce friction in the sales process. MilikiRumah aims to meet this growing demand.
An Inclusive Model for Homeownership
For buyers who fail to meet traditional mortgage requirements, MilikiRumah also offers an alternative rent-to-own programme. This structured model allows individuals to enter rental contracts with monthly instalments while building a verified payment history. Once their financial profiles improve, these buyers are guided back to banks for formal mortgage approvals. This system benefits developers, enabling them to monetise leads that might otherwise have been lost.
MilikiRumah’s president director, Marine Novita, emphasised the inefficiencies in traditional property sales and mortgage evaluations, which often leave developers struggling to assess buyer readiness. "With our platform, developers gain real-time insight into the financial readiness of buyers. This improves sales efficiency, reduces fall-outs, and leads to more predictable cash flows", she explained.
Building a Data-Driven Future
The platform’s AI engine creates dynamic financial roadmaps for prospective buyers, outlining concrete steps to improve their creditworthiness. Prasma Anindita, MilikiRumah’s technology director, noted that the system combines real-time analysis with a growing repository of alternative credit data. By 2026, MilikiRumah expects its database of underbanked consumer profiles to reach hundreds of thousands and later expand into the millions, offering improved risk assessment capabilities over traditional banking models.
Bridging the Gap in Financial Inclusion
Beyond its technological and commercial impact, MilikiRumah positions itself as a platform with a social mission: increasing financial inclusion and access to homeownership. "We are addressing a systemic problem where millions of capable buyers are locked out of formal financing due to lack of credit records. Our platform helps close that gap", said Winston Lee.
Industry experts view MilikiRumah’s innovation as part of a broader trend in property technology, where AI is increasingly being used to bridge gaps between developers, lenders, and buyers. In a region where credit access and affordability remain key barriers to sustainable homeownership, tools like these could play a pivotal role in reshaping the property market.
As Southeast Asia’s urban property markets continue to grow, MilikiRumah’s integration of AI-driven credit profiling with alternative financing models may offer a new pathway for aspiring homeowners to achieve their dreams. The company’s efforts to combine social impact with technological innovation suggest that the future of home-buying in the region is both inclusive and efficient.