PROPERTY DESCRIPTION:

The National Home Mortgage Finance Corporation is selling its acquired properties thru Negotiated Sale or via Joint Venture with any qualified developer. The properties are as follows :

                                                         AREA          NO. OF     SELLING PRICE     

PROPERTY NAME/LOCATION      (sq.m.)        TCTS      (P)      

1.Esguerra Village                       101,974          1,259           44,875,600.00                Poblacio, Talavera, Nueva Ecija

2.Bahayang San Jose                  100,130             648          20,436,685.00                Bagong Sikat, San Jose, Occidental Mindoro

3.Christine Village III                     49,278.19           634          27,504,259.28                Brgy. Bagahabag Solano, Nueva Vizcaya

4.Subic Hills II                                74,298               378        24,230,032.90                Aningway, Subic, Zambales

5.Rojaville Subdivision                 85,463                    2         10,636,678.00                Brgy. Liwayway, Sta. Rosa, Nueva Ecija

6.Hillcrest Village                            7,582                  21         3,069,766.13                Brgy. Cataning, Balanga City, Bataan

7.Christine Village II                       29,755                111         9,785,147.01                Rapatan District I, Cauayan, Isabela

8.Greenmeadow Subdivision       219,648               100         17,470,923.94                Ilagan, Isabela

9.Purityville Subdivision                27,110                 280        18,035,575.00                Orani, Bataan

10.Villa La Prinza                          28,753                200         26,072,475.05                Brgy. Prinza                Calamba, Laguna

11.CM Homes                                22,711                239         7,647,972.28                Gingoog City, Misamis Oriental

12.Refarville Subdivision                3,521                   15         2,131,049.36                Roxas City, Isabela

13.Almaville Subdivision                 33,092                 29         3,220,926.75                Moncada, Tarlac

14.St. Claire Village                        10,723                 45         4,625,654.63                Limay, Bataan

15.Intertown Homes – Tayabas      86,329               491        14,838,435.47                Tayabas, Quezon

16.Villa Sta. Barbara Subd. II            35,942              142       13,885,500.00                Brgy. Minien West, Sta. Barbara, Pangasinan

HOUSING AGENCY CUTS FEES TO RENEW DELINQUENT HOMELOANS 

In line with the vision of Vice President Noli de Castro, concurrent Chairman of the Housing and Urban Development and Coordinating Council (HUDCC), to bring benefits of loan relief to the economically-distressed housing borrowers and in order to encourage them to renew their delinquent loans and afford the monthly payments, the National Home Mortgage Finance Corporation (NHMFC) has waived the previously-required downpayment equivalent to 10% of the gross interest-bearing portion of the restructured loan. 

The NHMFC Management announced that in lieu of the 10% downpayment, the borrower needs only to pay a minimum of P1,000.00 plus all unpaid housing insurance premiums. These include premiums for the Home Contributory Fund (HCF) and Home Finance Corporation (HFC) premiums in case of Folio I accounts. In a maximized effort to reconfigurate its collection sytem for a more intensified collection servicing, NHMFC has also made the payment of Real Estate Tax as an optional requirement for submission in applying for the Special Repayment Program (SRP). 

SRP allows the restructuring of all housing loan accounts that are in arrears, including all other accounts which have previously availed of the regular loan restructuring program under R.A. 8501 and retains the interest rate of the original loan, with affordable monthly amortizations payable for at least 15 years, or the remaining term of the loan, whichever is longer.

For particulars, all interested borrowers may visit or communicate with NHMFC’s Collection and Accounts Management Group, located at 2^nd Floor, Filomena Bldg., 104 Amorsolo Street, Legaspi Village, Makati City with Tel Nos. 893-0395/893-1501 loc. 390 or 391. For regional accounts, they may visit or communicate to any NHMFC satellite office nearest them.