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| Easy Financing Terms |
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Mode of Payments |
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| In House Financing | Bank Financing |
| |
| 20% Down Payment | 30% Down Payment |
| (Payable in 6 months) | (Payable in 6 months) |
| |
| 80% Balance, payable within | 70% Balance (subject to bank approval), |
| * 5 years @ 18% per annum | * can be amortized from 5 to 15 years |
| * 10 years @ 20% per annum | * Current bank rate is 11.50% |
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Documentation |
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| Standard Documents | |
| |
| * 2 x 2 Picture (if married, H & W) | * Residence Certificate |
| * Marriage Contract (if married) | * 2 valid ID's (if married, H & W) |
| * Birth Certificate (if single) | * Bank Statements (at least 6 months) |
| * Post Dated Checks (for Downpayment and monthly amortization) | |
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Additional Documents |
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| For Locally Employed | |
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| * Certificate of Employment & Compensation | |
| * ITR |
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| For Self Employed / Business | |
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| * ITR (last 2 years) | * Business Registration |
| * Financial Statement (last 2 years) | |
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| For OFW's | |
| |
| * Latest Contract of Employment | * Passport (Photocopy) |
| * ITR | * SPA |
| * COE & Compensation from Agency (Seaman) | |
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Discounts |
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| On Full Downpayment | |
| |
| 7% discount if paid within 15 days | 5% discount if paid within 30 days |
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| On Full TCP (based on House & Lot Price) | |
| |
| 7% discount if paid within 15 days | 5% discount if paid within 30 days |
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| © Bay Horizons Land and Homes, Inc. | | | Telephone Numbers 632.809.3438 - 632.807.3903 |
