Five easy steps to own a home

1) Select location and preferred house and lot package.

2) Visit the site to see model house and actual lot where the house is to be constructed. You may send a representative to do this in your behalf. Please contact us for site visit/tripping schedule.

3) Pay reservation fee.

4) Submit basic requirements such as ID and proof of income.

5) Pay monthly down payment and amortization.

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Financing Options

Posted on May 15, 2011 by admin

1) DEFERRED CASH (NO DOWN, NO INTEREST) 
Total Contract Price (TCP) is payable in 24 months at zero percent interest. Start of house construction is after payment of 50% of the Total Contract Price and submission of complete required documents. Move-in is after payment of 70% of the Total Contract Price and issuance of Move-in papers by the Customer Care Department.

2) BANK FINANCING
Minimum of 20% down payment. House construction will start 30 days after full down payment and submission of all required documents. Move-in is after loan release and issuance of move-in papers by the Customer Care Department.

Note:
Monthly amortization should not exceed 30% of the gross income.

3) IN-HOUSE FINANCING 
Minimum of 20% down payment. This option is offered only if the client is not qualified for bank financing. Interest rate (19% p.a.) is fixed for the loan duration. House construction will start 30 days after full down payment and submission of all required documents. Move-in is after payment of 3 months loan amortizations and issuance of move-in papers by the Customer Care Department.

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Required documents

Posted on May 15, 2011 by admin

Required Documents for Spot Cash
• Birth Certificate or Marriage Contract
• 2 Valid IDs
• Community Tax Certificate (Cedula) / Photocopy of Passport (all pages w/ entries)
• 2 pcs. 2″ x 2″ id pictures (husband and wife, if applicable)

Required Documents for Deferred Cash (2 years to pay)
• Birth Certificate or Marriage Contract
• 2 Valid IDs
• Community Tax Certificate (Cedula) / Photocopy of Passport (all pages w/ entries)
• 2 pcs. 2″ x 2″ id pictures (husband and wife, if applicable)
• Proof of Billing Address (Utility bills)
• Post dated checks

Required Documents if with Financing

Working abroad (OFWs)
• Original Certificate of Employment and Compensation w/ Consular Seal
• Photocopy of Contract of Employment
• Photocopy of Passport (all pages with entries)
• Proof of Remittances (latest 6 months)
• Pay Slips (latest 3 months)
• 2 Valid IDs
• Bank Statements (latest 6 months)
• Birth Certificate or Marriage Contract
• Community Tax Certificate (Cedula)
• 2 pcs. 2″ x 2″ id pictures (husband and wife, if applicable)
• Proof of Billing Address (Utility bills)
• Post dated checks

Locally Employed
• Photocopy of Income Tax Return (ITR)
• Original and Notarized Certificate of Employment and Compensation (COEC)
• Pay Slips (latest 3 months)
• 2 Valid IDs
• Bank Statements (latest 6 months)
• Birth Certificate or Marriage Contract
• Community Tax Certificate (Cedula)
• 2 pcs. 2″ x 2″ id pictures (husband and wife, if applicable)
• Proof of Billing Address (Utility bills)
• Post dated checks

Self-Employed (Business)
• Photocopy of Business Registration (DTI/SEC)
• Mayor’s Permit
• ITR for the last 2 years
• Original Audited Financial Statements for the last 2 years
• Franchise/OR/CR (for taxi, jeepney, bus operators)
• PTR (For practicing professionals)
• Company Profile (if applicable)
• Picture of Business Establishment
• Bank Statements (latest 6 months)
• Birth Certificate or Marriage Contract
• 2 Valid IDs
• Community Tax Certificate (Cedula)
• 2 pcs. 2″ x 2″ id pictures (husband and wife, if applicable)
• Proof of Billing Address (Utility bills)
• Post dated checks

Note: Other documents may be required on a case to case basis.