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 you’re sure [...]
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 housing [...]
Vice President Noli De Castro lowered the interest rates for Pag-Ibig Housing Loans, a government-based institution that offers affordable housing loan packages for low and middle income families. Loan packages worth Php 300,000 will have a 6% interest rate while loans between Php 300,000 – Php 500,000 have a 7% interest rate. Loans over Php [...]
