In line with its 50th anniversary, the Land Bank of the Philippines is offering a special promo for availers of its housing loan programs. The Gintong Pabahay Promo offers a lower interest of 5 percent per annum for the first year for all prospective availers and existing borrowers of LANDBANK’s housing loan programs: the EASY Home Loan, Bahay para sa Bagong Bayani, and the LBP End-Buyers Financing Tie-Up with Developers.
“The Gintong Pabahay promo forms part of our commitment to support the government’s National Shelter Program, as we hope to help provide easy and affordable access to home financing services for Filipinos working here and abroad,” said LANDBANK President and CEO Gilda E. Pico.
The promo runs until December 31, 2013, within which period all loan applications with complete documents should be submitted and received by the LANDBANK lending units. Loanable amounts vary depending on the clients’ housing needs.
The Bank has also tied up with its partner-home developers for the latter’s endorsement of qualified end-buyers. “We are optimistic that this tie-up will help provide credit assistance to buyers of socialized, low-cost and mid-range housing projects and in turn positively impact the lives of more Filipinos in need of low-income housing,” added Pico.
For inquiries or more information about the promo, clients in NCR may call the LANDBANK Mortgage Banking Departments I & II at 522-000 locals 7492 and 7231 and the Lending Program Management Group at local 2650 while province-based clients may visit the nearest LANDBANK Provincial Lending Center.