Empire East Now Offers PAG-IBIG Financing for Selected Developments
MANILA – In time for Valentine’s Day, property developer Empire East has announced its partnership with PAG-IBIG End-User Home Financing as a payment option for homeowners who wish to settle their balances for all Ready-For-Occupancy units at the Cambridge in Pasig-Cainta.
Under this program, PAG-IBIG members could easily submit simple requirements of identification and proof of income among others to get a loan of as much as Php 6,000,000 for qualified members based on actual need, capacity to pay, and loan-to-appraisal value ratio, whichever is lower.
Other eligibility requirements include age, which requires all principal borrowers to be not more than 65 years old at the date of loan application, and not more than 70 years old at the date of loan maturity. Borrowers must be insurable and have the capacity to acquire and encumber real property.
Anyone with existing loan in PAG-IBIG need not worry as the financing agency has also allowed for Multi-Purpose Loans provided that payments should be updated upon the new Housing Loan Application.
If you are interested in interest rates, there are several options from one to 30-year fixing period that offer rates from 5.375% to 10% respectively.
To know more about Cambridge Village’s RFO units, you may call 02-810-3333 or e-mail firstname.lastname@example.org.