(Thanks Pag-IBIG Cotabato Manager Noli Armada for sending me this report and thanks too to tom mendoza for forwarding this to me which I am sharing to you)
Pag-IBIG FUND EXTENDS THE IMPLEMENTATION OF
“Magaang Pabahay, Disenteng Buhay” Program
To address the persistent clamor of its members, Pag-IBIG Fund issued Circular No. 241, extending the implementation of “Magaang Pabahay, Disenteng Buhay” Program. This aims to provide the Fund members the opportunity to acquire decent and affordable housing for their families.
All Acquired Assets of Pag-IBIG Fund including occupied units will be open for sale to the public on a first come, first serve basis. Cash buyers will be given 20% discount and 15% discount for purchases made through Pag-IBIG Fund Housing Loan. An additional 5% litigation discount (if applicable) is also given. Loan interest up to Php 2 Million is 6%, if loan payment is made on or before due date, 8% if loan payment was made after due date.
Amortization is as low as Php 1,799.00 per month (exclusive of insurances) for a Php 300,000.00 loan payable in 30 years. The program is on the 3rd year promotional period, which started sometime last October 26, 2006.
All those interested to avail of this program are advised to call and visit LCMRD-Acquired Assets Unit, 6/F CYM Building, Don Rufino Alonzo Avenue, Cotabato City Tel. No. (064)-421-69-46 look for Nila or Lilian (Kidapawan Service Center-Tel No. (064)-288-54-70) for more details.(TMM-LCMRD Cotabato Branch) email address: firstname.lastname@example.org