 |
Housing/Developmental
for house and lot acquisition,
construction, or improvement, refinancing of similar loans and mortgages,
financing of build-and-sell projects, development of subdivisions, townhouses
and condominiums. |
| |
Minimum Loan Amount
|
P300,000
|
| |
Interest Rates |
Prevailing market rates
Quarterly repricing
|
| |
Repayment Mode
|
Monthly or quarterly amortization of principal and interest or
Principal payment at maturity
|
| |
Customer Eligibility
|
|
| |
Applicant
type
|
Individuals / Sole Proprietorships/
Corporations
|
| |
Age |
Legal age but not exceeding 65 years of age at the time of loan maturity |
| |
Income Source |
Employment or
Business - 3 years minimum profitable operation |
| |
|
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