Owning your dream house with
NEW IMPROVED DECA CTS GOLD – 11
CTS (Contract To Sell) Gold is to make owning a house in Deca Homes very affordable and easy on the budget. With just a Php 10,000 reservation fee and at least three Php10,000 equity one can already move-in to a brand new Deca Home. The Balance of the purchase price is then payable in monthly amortization over 25 years.
See table below to see why choose CTS Gold:
|NEW CTS GOLD – 11 DECA HOMES||PAG-IBIG Fund NEW GUIDELINES|
|Fixed Interest rate at 11%. Its that simple!!!
That’s why its DECA CTS GOLD – 11!!!
|With re-pricing depending on the chosen fixed-pricing period:
3-Year Fixing/Re-pricing = 7.985%
|Rebate will be given to the buyers who pay on or before the due date of their monthly amortization for the 15 years.||None.|
|100% Net Disposable Income of the borrower of family’s combined NDI||35% Borrower’s Gross Monthly Income for loans not exceeding P750,000.00|
|Affordability computation is based on the submitted POI with one-on-one appearance of the buyer.||POI must be properly documented with CIBI and one-one-one appearance of the buyer|
|Considers Income support from any of the family members.||Co-borrower is required if the borrower’s NDI is not sufficient to avail the desired loan amount.|
|100% Loan-to-Collateral Ratio, thus, lower Equity requirement.||Loans up to P1.25M = 90% LCR over P1.25M to P6M = 80% LCRNote: Loan-to-Collateral Ratio may be adjusted depending on the result of the Borrower’s Evaluation System (BEST), therefore, resulting to higher and additional Equity.|
|MRI for High risk and low risk jobs are computed the same.||Higher computation of MRI on the high risk category jobs.|
|None.||Upgrading of contribution is required upon application to Pag-IBIG Fund.|
Expansive Market Coverage
Pag-IBIG and non-Pag-IBIG members who are willing to transfer to Pag-ibig Housing Loan within 4 years, as well as other qualified buyers of DECA Homes.
Easy Elligibility and Low Equity
- Buyers who are not more than 60 years old, gainfully employed or selfemployed, whose Net Disposable Income (NDI) is 100% of or greater that the monthly amortization of the unit they intend to acquirre.
- Passes the NDI requirement
- Pays P5,000.00 reservation fee
- Submits the following documents:
- Buyer’s Info Sheet + Four (4) 1X1 ID Photo
- Pays P5,000.00 Reservation Fee
- Government Issued ID (ex. Driver’s License, SSS ID), Company ID and other identification papers, if needed
- 1-month Pay slip and/or proof of other income and/or assets
- Proof of Pag-IBIG membership
- Contract to Sell
- Deed of Restriction
- Option Agreement
- Requirement Postdated Checks (3 for equity installments + 24 for monthly amortization and SRI/FI premiums + 1 guarantee check)
Low Monthly Amortization
25 years; Pag-IBIG take-out mechanism within 4 years from reservation date.
Friendly Interest Rate
8.5% p.a. fixed for the 1st 4 years
RENT TO OWN
Properties on Mactan, Talisay and Mandaue are all rent to own. Get the chance to own a house and lot or a condominium with our affordable rent to own scheme only here in Deca Homes Cebu.