ALEXANDRA - SINGLE ATTACEHD LANCASTER

Dressed-Up Models

 

 

 

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Option 1: Bank Financing | In-House Financing:

TERMS	BANK FINANCING	IN-HOUSE FINANCING
	12.5% DP	24 Months DP
Selling Price	Php 2,600,000.00	Php 2,600,000.00
Add: Legal and Misc. Fees	Php 208,000.00 (8%)	Php 117,000.00 (4.5%)
Total Package Price	Php 2,808,000.00	Php 2,717,000.00
Down payment	Php 351,000.00 (12.5%)	Php 815,100.00 (30%)
Less: Reservation	Php 20,000.00	Php 20,000.00
Net Down payment	Php 260,800.00	Php 795,100.00
Monthly DP	Php 22,066.67 (15mos)	Php 33,129.17 (24mos)
Total Loanable Amt.	Php 2,457,000.00 (87.5%)	Php 1,901,900.00 (70%)

 

Monthly Amortization @ 10% (Prevailing Bank Rates will apply):

20 yrs	Php 23,710.58
15 yrs.	Php 26,403.05
10 yrs.	Php 32,469.43	Php 38,025.00
05 yrs.	Php 52,203.99	Php 48,295.76

 

NOTE:

• Fire and MRI insurance not yet included in the computation.
• Move-in on the 13th to 15th month.
• Monthly Amortization payments will start a month after the last Down Payment.
• Processing Fees includes Transfer of Title for Bank Financing. Transfer of Title not yet included for In-house financing.
• Interest rate is reference only.
• Prevailing interest rate will apply upon loan takeout.
• Bank terms is up to 20 yrs. maximum.
• Developer will process loan. Tied up with Metrobank, UCPB, and BDO.
• Bank maximum approved amount will depend on salary & age (loan maturity is 65 yrs.).

Option 2: CASH PAYMENT SCHEME:

(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
PRICE STARTS AT PHP 2,600,000.00 AND UP

Typical Selling Price	Php 2,600,000.00
Less: Reservation Fee	Php 20,000.00
Selling Price Net of Reservation Fee	Php 2,580,000.00
10% Discount within 7 days from the date of reservation	Php 2,322,000.00
9.5% Discount within 8 to 30 days from the date of reservation	Php 2,334,900.00
9% Discount within 31 to 60 days from the date of reservation	Php 2,347,800.00
8.5% Discount within 61 to 90 days from the date of reservation	Php 2,360,700.00

Bank Financing Guidelines (BDO)

• Now, applying for a housing loan is easy and simple.
• As long as you’re working, you’re qualified.We are accredited with BANCODE ORO (BDO) UNIBANK.
• Developer will process your bank loan. Just submit required documentswithin 60 days.

General Requirements

• Duly Filled-up Bank Form
• 3pcs. ID picture (husband/wife/SPA)
• Marriage Contract when applicable
• Photocopy of two (2) Valid IDs (Husband/Wife/SPA)
• Tax Account No. (TIN)
• Proof of Billing

Note:

Bank Forms

for borrower signature will be given during reservation.

• OFWs who are unable to personally sign bank loan documents mustsubmit Consularized Special Power of Attorney (SPA) designating theirrepresentative (must be a relative up to the 2nd degree of consanguinity

  or affinity)

Eligibility Requirements

• At least 21 years old but not more than 65 years old upon loanmaturity.
• Must have no adverse credit findings with CMAP & NFIS
• NO default in monthly DP payments for 3 consecutive months and/ormust not have incurred delays in payments of 5 months or more within the12-month DP Term.
• Locally employed applicants must submit latest ITR/W2.

Requirement if Locally Employed

• Latest Income Tax Return (ITR)

Note:

The income

stated in the Income Tax Return will not be the basis of loan approval. This is

just to comply a Central Bank requirement.

Credit Evaluation Process

• Subject only to CMAP/NFIS (Negative File Info System) and
• Personal Data/Residence and Neighborhood checking (PDRN)
• Verification of Income is waived.

Note:

Client

must not have legal cases, bad credit card record that result in a legal case

or previous bank loan that were not paid.

Downpayment Term

• 12 Months
• 6Months for RFO Units

Move-in

• 13th month from date of reservation
• 7th month from date of reservation for RFO Units

Maximum Loan Term

• 20 Years, provided borrower’s age does not exceed 65 at loanmaturity

Mode of Payment

• The ten percent (10%) DP shall be paid in 12 (or 6 for RFO Units) equalmonthly installments through post-dated checks (PDCs) payable to toProperty Company of Friends, Inc. (PCFI)
• Monthly loan amortization shall be paid via an Automatic Debit Arrangement(ADA)with BDO. UPon release fo the Letter of Guaranty(LOG) from BDO, the buyershall be advised to open a savings account with any BDO Branch for this

  purpose.

Loan Value

• 90% of Total Contract Price
• 88% of Total Contract Price for Alice & Diana House model

Interest Fixing

• 10% P.A. Fixed for 3 Years; Annual re-pricing thereafter

Bank Financing Guidelines (24 Months DP)

• Now, applying for a housing loan is easy and simple.
• As long as you’re working, you’re qualified.
• We are accredited with Metrobank (MBTC) and UnitedCoconut Planters Bank (UCPB).
• Client must decide which Bank to apply during reservation.
• Client is allowed to change financing within 30 days from reservationdate.
• Developer will process your bank loan. Just submit required documentswithin 60 days.

General Requirements

• Duly Filled-up Bank Form
• 3pcs. ID picture (husband/wife/SPA)
• Marriage Contract when applicable
• Photocopy of two (2) Valid IDs (Husband/Wife/SPA)
• Tax Account No. (TIN)
• Proof of Billing

Note:

Bank Forms

for borrower signature will be given during reservation.

Requirement If OFW – Metrobank

• Consularized Special Power of Attorney (SPA) (Bank Form)

Note:

Consularized SPA is a MUST requirement when transferring Certificate of

Title to Client’s name.

This is required by the Register of Deeds.

Requirement If OFW – UCPB

• Consularized Special Power of Attorney (SPA).
• Accepted are immediate family members only (UCPB Bank Form)
• No Income Tax Return needed.

Requirement if Locally Employed – Metrobank &

UCPB

• Latest Income Tax Return (ITR)

Note:

The income

stated in the Income Tax Return will not be the basis of loan approval.

This is just to comply a Central Bank requirement.

Credit Evaluation Process

• Subject only to CMAP/NFIS (Negative File InfoSystem) and
• Personal Data/Residence and Neighborhood checking (PDRN)
• Verification of Income is waived.

Note:

Client

must not have legal cases, bad credit card record that result in a legal case

or previous bank loan that were not paid.

Eligible Age of Borrower – Metrobank

• 21 yrs old and up

Eligible Age of Borrower – UCPB:

• 18 yrs. old and up but not more than 65 yrs old when loan matures (fullypaid)
• If OFW, must not be more than 60 yrs. old when loan matures (fullypaid)

Eligible Occupation For OFW

• If Immigrant or Dual Citizen, borrower is required to have a co-borrower (regardless of income), who is an immediate family member residing inthe Philippines.
• OFW working in war-torn countries shall not be acceptedCopy of LatestPassport with date of departure and arrival.

Maximum Term

• MBTC: Locally Employed – 25 yrs. / OFW – 15 yrs
• UCPB: Locally Employed and OFW – 20yrs.

Mode of Payment

• MBTC: Automatic Debit Arrangement from Bank account
• UCPB: Postdated Checks (PDC) or Automatic Debit ArrangementForm

Loan Value

• MBTC: 80% of Total Contract Price
• UCPB: 80% of Total Contract Price. Minimum Amount:500,000

Interest Fixing

• MBTC: 10 yrs. @ 10.5% (reference only). Amortization is the samefor 10 yrs.
• UCPB: 5 yrs. @ 10.25% (reference only). Amortization is the samefor 5 yrs.

Note:

After 5 or

10 yrs, loan balance will be recomputated again base on prevailing interest

rate.

Requirements for In-House Financing

In House (Initial Requirements)

1. Latest proof of income.
2. 3pcs. recent 1 x 1 I.D. pictures
3. Marriage Contract, Birth Certificate, or Separation papers (if needed)
4. Community Tax Cert. No.
5. Complete post dated check for Equity and Amortization
6. TIN

Additional Requirements for OFW

1. Initial requirements
2. Job Contract
3. Passport
4. Special Power of Attorney (SPA)
5. Valid I.D. of Attorney in Fact
6. 1pc. I.D. picture of Attorney in Fact
7. Residence Certificate of Attorney in Fact

Self-Employed

1. Initial Requirements
2. Affidavit of Income
3. Business Name and Permit
4. Passbook with 3 months maintaining balance
5. ITR

Antel In-House Financing Requirements

1. Signed Reservation Agreement
2. 1st Monthly Amortization for Down Payment
3. Valid ID – If Married, both Husband and Wife
4. Photocopy of Birth Certificate -Single ; Photocopy of MarriageContract – Married
5. Tax Identification Number (TIN)
6. Complete Post Dated Checks

 

Lancaster Estates

 

Lancaster Estates is located in Alapan, the municipality which will be the center of the next major estate development in Cavite. A 300 – Hectare Master planned Community covers Kawit Cavite, Imus Cavite and General Trias Cavite. Thus, the project is near the major business and commercial establishments in the municipality. Just 18 mins to SM Mall of Asia.

Lancaster Estates beckon with the kind of life you’ve always wanted for you and your family. A delightful combination of convenience, practicality and accessibility all rolled into one picturesque package.

At Lancaster Estates, one can enjoy the convenience of city living with social and commercial establishments nearby, yet relish the tranquil atmosphere found within the confines of this village, as well. You have the option of staying indoors in your spacious home away from the busyness of the city. Or, you could take part in the happenings in and around the village.

At Lancaster Estates, there is always something enjoyable to do. Having your own country club and recreation facilities are an added premium that truly make you feel like you’re living life to the fullest.

Accessibility

Churches

• Imus Cathedral
• Immaculate Heart of Mary
• San Isidro Labrador
• Poong Hesus Nazareno
• St. Augustine of Canterbury

Other Denominations

• Iglesia ni Cristo
• Bacoor Evangelical Church
• Jesus Is Lord
• Jesus is Alive
• Unida Evangelical Church

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Lancaster Estates Advantage:

1. Township

• Lancaster Estates features Multi purpose community, church, schools, and commercial area
• Features complete amenities like: Country Club, swimming pool, children’s playground, church, and park
• Eco-Friendly development through a Linear Park

2. Location, Location, Location

• Near Island Cove
• Access through the new Coastal Road Extension. No need to pass through Aguinaldo Highway
• Near SM Bacoor and SM Rosario
• Near Robinson’s Imus and Puregold Imus

 

Access Road:

• Via Centennial Road (4 Lane Highway)
• Via On-Going Construction Coastal Road Extension – Baclaran will be 15mins away.
  
• Via On-Going Daang Hari Extension

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