By Donnabelle
L. Gatdula (The Philippine Star) | Updated July 8, 2013
MANILA,
Philippines - Philippine Savings Bank, the thrift bank of the Metrobank Group,
has accredited over 100 property developers for its home loan program.
PSBank vice
president and head of indirect mortgage channels Avi Melicor said they have
partnered with top developers that provide quality homes and communities “to
give our clients more choices at rates that are within their budget.”
“To those who
are still hesitating, now is the best time to get that house or condo unit
because the market has provided a very favorable environment for aspiring
homeowners,” the bank official said.
“Clients will
get to choose from over 500 projects of more than 100 accredited developers
such as Ayala Land, Century Properties, DMCI, Empire East, Federal Land,
Megaworld, Robinsons Land, Rockwell Land, San Miguel Properties, SMDC, Suntrust
Properties and Vista Land,” she said.
With PSBank
Home Loan, clients can pay as low as P6,140.87 for monthly amortization, plus
enjoy a flexible payment scheme.
This means
choosing from a lock-in period of one to 25 years to take advantage of steady
and affordable interest rates during the preferred period.
Melicor said
loan approval would also be fast and convenient. “Clients will be informed of
the bank’s credit decision in five days or less through a text message. This
eliminates the unnecessary process of waiting, making follow-ups and going
through needless anxiety and frustration” .
She said they
would also be extending discounts to their clients.
“Best of all,
clients will be rewarded with discounts on their loan when they pay in advance
or in excess of their monthly due. When clients plan their budget and make
their advance or excess payments a regular habit, they can lower their total
loan amount, shorten their loan term or even get to enjoy both benefits,”
Melicor said.
“There are no
pre-termination fees or penalty charges when you pay off your loan early. It’s
all good with PSBank Home Loan with prime rebate,” she added.
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