Eyeing for that dream home? While looking for your dream home, or still waiting for your funds. It is best to check first and complete the needed requirements *But you can also do these after paying your reservation fee*
Here are the usual requirements needed for housing loan particularly HDMF or the Pag-Ibig. Bank requirements were likewise almost the same. Documents needed varies per developer.
Housing loan requirements for locally employed:
4pcs 1×1
Latest Certificate of Employment with Compensation
Income tax return 2017
3 months payslip
employee statement of accumulated value from pag ibig
2 valid government id with specimen signature of principal buyer
2 valid government id with specimen signature of spouse if married
Birth certificate and cenomar/Marriage Contract
special power of attorney if applicable
proof of billing
barangay clearance
house sketch
.
Housing Loan requirements for Self- employed:
4pcs 1×1
Business permit
income tax return 2017
bir receipt paid for the itr 2017
audited financial statements
picture of establishment
employee statement of accumulated value from pag-ibig
2 valid government id with specimen signature of principal buyer
2 valid government id with specimen signature of spouse if married
Special Power of Attorney
Birth certificate and cenomar/Marriage Contract
Proof of billing
Barangay clearance
house sketch
Housing loan requirements for Overseas Filipino Workers:
4pcs 1×1
Latest Employment Contract
Proof of remittances or three months payslip
Employee statement of accumulated value from pag-ibig (E-SAV)
2 valid government id with specimen signature of principal buyer
2 valid government id with specimen signature of spouse if married
Special Power of Attorney
Birth certificate and cenomar/Marriage Contract
Proof of billing
Barangay clearance
house sketch
Consularized Special Power of Attorney
Departure and arrival entry in ph
2 valid government id of representative
Even paying via deferred cash requires minimal documentary requirements. So if you do not qualify for Pag-Ibig or bank loans, you can still get a housing loan if the developer have inhouse financing options. This requires just the basic documents but it also imposes a bigger interest rate.
Finding and buying a new house whether for investment or for your new home is NEVER EASY. There are so many things to consider before buying. But what if I could give you an option to buy a NEW HOUSE for as low as P1,898/month, would you resist to buy????
That is the question I offered to my recent post in Instagram & Facebook which resulted to an instant 3 buyers after just 3 days of posting. THEY GRAB THE CHANCE! I’m going to show you below what property I am talking about.
“Bauan is a lowland town in central Batangas that hosts some mountains and hills. It also houses beautiful beaches, most notably Sampaguita Beach in barangay Sampaguita, located in the westernmost part of the town.
The town is bounded by municipality of San Luis to the north, the municipality of San Pascual to the east, and the municipality of Mabini to the south/southwest. It is also bordered by Balayan Bay to the west and Batangas Bay to the southeast. Vehicles can access the town coming from those towns.” – Wikipedia
Bauan, Batangas Lumina Homes Bauan is located at Brgy. As-Is, Bauan, Batangas.
Accessible via Star Tollway, Bauan is easily reached from business districts and industrial sites like Batangas City and Alabang.
Strategically located in this progressive municipality in Batangas is the 16-hectare Lumina Bauan which houses affordable rowhouses, townhouses, and duplex and single firewall units. This mass housing community is complete with amenities and facilities such as a basketball court, community hall, mini gardens and playground, space for future commercial areas, shuttle service, guarded entrance, and perimeter fence.
Amenities
Basketball Court
Community Hall
Mini Gardens and Playground
Space for Future Commercial Areas
Shuttle Service
Guarded Entrance
Perimeter Fence
Landmarks
Schools, Universities, and Colleges
Bauan High School
St Josemaria Escriva Montessori School
San Vicente Manalupang National High School
Bauan Technical High School
Bauan Municipal Agricultural & Vocational High School
Hospitals
Bauan Doctors General Hospital
Bauan General Hospital
Zigzag Hospital
Places of Worship
Bauan Bible Christian Church
Christian Bible Baptist Church
Our Mother of Perpetual Help
Holy Family Parish
Iglesia ni Cristo
Bauan Seventh-day Adventist Church
Commercial Establishments
The Plaza At Bauan
Public Market
Citimart
Major Road, Streets, and Highway
STAR Tollway
Bauan-Mabini Provimcial Road
What we liked most about Lumina Bauan is its location, the subdivision is just along the National Highway wherein you do not have to take tricycle rides to find the property.
There are 3 Model houses you can view at Lumina Homes Bauan, my buyers purchased the Aimee Rowhouses because of its affordable price. It is an ideal investment for your future business of bedspaces or house/vacation rental, or just your stay-cation at Batangas.
THE MODEL HOUSES
Aimee Rowhouses
Features:
Floor Area: 22 sqm.
Min. Lot Area: 36 sqm.
1 Living Area
1 Dining and Kitchen
1 Toilet and Bath
Provision for 1 Bedroom
Provision for Service Area
SAMPLE COMPUTATION
(Pag-IBIG Financing)
Downpayment: Php53,000
Less: Reservation fee: Php3,000
Balance of down payment after reservation fee: Php50,000 payable in 14 months at Php3,572 per month.
Loanable amount: Php450,000
Monthly amortization:
if 15 years to pay: Php3,108 per month
if 20 years to pay: Php2,496 per month
if 30 years to pay: Php1,897 per month
Note: Sample computation only for minimum wagers. Price and payment plans may change without prior notice.
2. ANGELIQUE-TH
Features:
Floor Area: 35 sqm.
Min. Lot Area: 36 sqm.
1 Living Area
1 Dining and Kitchen
1 Toilet and Bath
Provision for 2 Bedroom
Provision for Carport
Provision for Service Area
SAMPLE COMPUTATION (Pag-IBIG Financing)
Downpayment: Php118,075
Less: Reservation fee: Php5,000
Balance of down payment after reservation fee: Php113,075 payable in 12 months at Php7,068 per month.
Loanable amount: Php666,925
Monthly amortization:
if 15 years to pay: Php5,810 per month
if 20 years to pay: Php4,972 per month
if 30 years to pay: Php4,215 per month
Note:
Sample computation only. Price and payment plans may change without prior notice.
Living area
bedroom 2
3. Angeli Townhouses
Features:
Floor Area: 42 sqm.
Min. Lot Area: 54 sqm.
1 Living Area
1 Dining and Kitchen
1 Toilet and Bath
Provision for 3 Bedroom
Provision for Carport
Provision for Service Area
SAMPLE COMPUTATION
(Pag-IBIG Financing)
Downpayment: Php151,500
Less: Reservation fee: Php5,000
Balance of down payment after reservation fee: Php146,500 payable in 16 months at Php9,156 per month.
Loanable amount: Php858,500
Monthly amortization:
if 15 years to pay: Php7,478 per month
if 20 years to pay: Php6,401 per month
if 30 years to pay: Php5,426 per month
Note: Sample computation only for minimum wagers. Price and payment plans may change without prior notice.
Townhouses
dining area
And here are my lucky buyers who grab the opportunity to own a house at a very affordable price! Congratulations!
The clock is ticking, are you going to wait for a lifetime before you decide, or are you going to grab this Opportunity!
When I first visited Masaito Homes in Trece Martirez last June 2016, it was just a vast piece of land, no model houses yet and the monthly amortization was just P1,900 for the rowhouse and P3,000 for Fresca House model.
MASAITO HOMES TRECE is a 28 hectares conceptualized features of Mediterranean Hispanic Inspired Architectural. Today, many ornate homes that combine elements from any of those countries are called Mediterranean (or Neo-Mediterranean) because of the composite of cultural influences from that region. Houses may feature terraces or courtyards, stucco finishes, porticoes, balconies or any number of elements inspired by houses on the Mediterranean.
Key Establishments
Commercial: Trece Public Market, Tower Mall Trece, Jollibee, Puregold, Waltermart, Metrobank, Landbank of the Philippines.
Institutional: Provincial Capitol, BIR, Philhealth, TESDA, Gen Emilio Aguinaldo Hospital, Korean Philippines Hospital, M.V Santiago Medical Center.
Educational: New Generation International School, Saint Jude School and Church, Trece Martires National High School Sch., Trece Martires Elem School, Colegio de Santa Rosa, Notre Dome of Don Bosco.
Industrial Zone: Cavite Export Processing Zone (CEPZ)
Now, after just 2 years, monthly amortization have increased by more than 30%, imagine if you have invested in 2016, that is almost double your money by 2018. Real Estate investment is a “no loss” investment, a legacy that you will leave for your family.
This coming Saturday, I might come and join the site viewing at Masaito Homes – Trece Martirez, it is just a stone’s throw away from SM Trece, so if you want to come with me.