GSIS suspends processing of housing loan applications
The Government Service Insurance System (GSIS) suspended its housing loan program, but GSIS president and general manager Robert Vergara said that it is not because of the agency’s financial status but to focus on other types of loans it can offer to members. Vergara said agencies like the Home Development Mutual Fund (HDMF) or Pag-IBIG [...]
May 28, 2011
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Tags: Government, GSIS, HDMF, home mortgage, Housing loan, housing program, Loans · Posted in: Announcement, Consumers, economy, Government, Housing, Philippine business news, Philippines, Poverty
Lower housing loan rates from SSS
To help Filipinos whose homes were damaged by the recent onslaught of tropical storm Ondoy last , SSS reduced loan rates for home repairs and improvements. The reduced rates for SSS is now at 9%, from a previous 13% per annum. The maximum amount of loan that can be availed is P300,000 and payable up [...]
October 2, 2009
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Tags: Filipino, finance, Housing, Housing loan, lower rates, money, Philippines, SSS · Posted in: Announcement, Consumers, economy, finance, Government, Housing, money, Philippine business news, Philippines
