Reference
·Primary source
GH Bank Reverse Mortgage Pilot: 200-400 Contracts 2026 to 1,800-2,800 in 2027
1,800-2,800 contracts 2027, 45% market share
The Government Housing Bank Reverse Mortgage Pilot, operationalised in January 2026 under BoT sandbox authority ahead of the Q3 2026 framework effective date, originates 200 to 400 contracts in 2026 scaling to 1,800 to 2,800 in 2027. Loan-to-value is 35 percent at age 60 to 65 escalating to 50 percent at 75 and above; deferred-interest accrual at BoT policy rate plus 200 basis points compounded annually; origination fee 1.0 percent of appraisal capped at THB 50,000; lifetime tenure with state credit backstop. GH Bank captures roughly 45 percent of 2027 visible outstanding principal at THB 10 to 17 billion. The channel is GH Bank branch network plus Government Pension Fund retiree direct enrollment.
Figure in context
The Government Housing Bank Reverse Mortgage Pilot, operationalised in January 2026 under BoT sandbox authority ahead of the Q3 2026 framework effective date, originates 200 to 400 contracts in 2026 scaling to 1,800 to 2,800 in 2027. Loan-to-value is 35 percent at age 60 to 65 escalating to 50 percent at 75 and above; deferred-interest accrual at BoT policy rate plus 200 basis points compounded annually; origination fee 1.0 percent of appraisal capped at THB 50,000; lifetime tenure with state credit backstop. GH Bank captures roughly 45 percent of 2027 visible outstanding principal at THB 10 to 17 billion. The channel is GH Bank branch network plus Government Pension Fund retiree direct enrollment.
The Government Housing Bank Reverse Mortgage Pilot, operationalised in January 2026 under BoT sandbox authority ahead of the Q3 2026 framework effective date, originates 200 to 400 contracts in 2026 scaling to 1,800 to 2,800 in 2027. Loan-to-value is 35 percent at age 60 to 65 escalating to 50 percent at 75 and above; deferred-interest accrual at BoT policy rate plus 200 basis points compounded annually; origination fee 1.0 percent of appraisal capped at THB 50,000; lifetime tenure with state credit backstop. GH Bank captures roughly 45 percent of 2027 visible outstanding principal at THB 10 to 17 billion. The channel is GH Bank branch network plus Government Pension Fund retiree direct enrollment.
Time scope
FY2026-FY2027 pilot window
Source basis
Primary source
Interpretation notes
What this tells you
The Government Housing Bank Reverse Mortgage Pilot, operationalised in January 2026 under BoT sandbox authority ahead of the Q3 2026 framework effective date, originates 200 to 400 contracts in 2026 scaling to 1,800 to 2,800 in 2027. Loan-to-value is 35 percent at age 60 to 65 escalating to 50 percent at 75 and above; deferred-interest accrual at BoT policy rate plus 200 basis points compounded annually; origination fee 1.0 percent of appraisal capped at THB 50,000; lifetime tenure with state credit backstop. GH Bank captures roughly 45 percent of 2027 visible outstanding principal at THB 10 to 17 billion. The channel is GH Bank branch network plus Government Pension Fund retiree direct enrollment.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
Related figures
Adjacent numbers that add context without drowning the value.
Thai Reverse Mortgage and Equity-Release Outstanding Principal
Insight derivation from GH Bank pilot plan, BoT framework, KBank Q1 2026 briefing, SCB-KTB-BBL-TTB factsheets, TDRI cost-benefit modelling
Thai Elderly Wealth Runway: 22 Months of Cash Savings vs Decades of Longevity
NSO Survey of Income, Wealth and Housing Tenure 2024, NESDC Population Projection 2010-2040, TDRI Policy Brief 2025
Thai Elderly Home Ownership Rate and Average Appraisal
NSO Survey of Income, Wealth and Housing Tenure of Older Persons 2024, NESDC Population Projection 2010-2040, TDRI Policy Brief 2025
BoT-OIC-MoF Reverse Mortgage Framework: Final Rules Effective Q3 2026
BoT Reverse Mortgage Framework Consultation Sep 2025, OIC Longevity Reinsurance Guideline Feb 2026, MoF Fiscal Treatment Circular Mar 2026, TDRI Policy Brief 2025
Commercial-Bank Equity-Release Pipeline: KBank, SCB, KrungThai, BBL, TTB
KBank Q1 2026 analyst meeting, SCB-KTB-BBL-TTB SET factsheets and product-development briefings, TDRI cost-benefit modelling
Senior-Living Equity-Swap Channel: Chersery, BDMS, Bangkok Hospital Hua Hin
Chersery and BDMS Senior Care equity-swap announcement Apr 2026, Bangkok Hospital Hua Hin retirement village equity-swap pilot May 2026, TDRI Policy Brief 2025
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.