Archive for January, 2008

Pag-IBIG Fund allocates Php 30B for low-cost housing »

By Lauren on Jan 28, 2008 in Real Estate News | 0 Comments

The government-owned Pag-IBIG Housing fund allocates a record high of Php 30B for low-cost housing due to the demands resulting out of the low interest rates. The average retail loan at Pag-IBIG is around Php 475,000 per borrower and based on this amount, they’re targeting a loan growth of around 28% this year. A […]

Mortgage Fraud: Avoid Being a Victim »

By Lauren on Jan 25, 2008 in Real Estate Features | 0 Comments

Is there somebody involved in your mortgage who asked you to do something that seems suspicious? It could be just nothing, or it could be loan fraud. Loan fraud or mortgage fraud is defined as a misrepresentation or omission relied by a lender to obtain a loan. To avoid becoming a victim of […]

Mortgage Financing: Some Helpful Tips »

By Lauren on Jan 24, 2008 in Real Estate Features | 0 Comments

For the first-time home buyer, getting a mortgage sounds a little intimidating and confusing. Here are a few tips that may help you get a mortgage for less hassle and lower costs.
Determine how much you can afford based on your income and long-term debts. From here, figure out the maximum monthly payment […]

Housing Loans for Overseas Filipino Workers »

By Lauren on Jan 23, 2008 in Real Estate Features | 0 Comments

Overseas Filipino workers (OFWs) can take advantage of SSS’s Direct Housing Loan Facility that aims to provide low-cost housing for your family in the Philippines. If you’re younger than 65 years old, a certified OFW, and an active SSS member with at least 12 months continuous contributions, you may be qualified to receive a […]

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