.:: PRODUCTS AND SERVICES

* SAVINGS PLAN - Members of HomeCredit will enjoy an automatic payroll deduction facility from their employer. Their contributions will be used to build up the down payment requirement for home acquisition or may also be used for other personal purposes. HomeCredit gives very competitive earning rates that maximize the savings potential.

Insular HomeCredit Fund Build-Up Plan - A down payment build-up mechanism through fund accumulation coupled with a loan component for the purchase of a home.
- a great investment alternative for those with no pressing housing need but are looking for the best return on their hard-earned money.


Easy Savings Plan (ESP) – Ideal for those who prefer an affordable fund build-up scheme with a minimum monthly contribution of P250. Available terms are 3, 5 and 7 year plans.

Home Fund Plus (HP) – Ideal for those who are pre-disposed to set aside at least P1,000 per month. Available terms are 2, 3, 4 and 5 year plans.

Home Fund Plus Gold (HPG) – A special program that caters to the financial investment needs of a select group of HomeCredit clients. It combines an Initial Lump-sum Contribution and Monthly contributions in one plan. It offers an attractive yield with exclusive benefits. Available terms are 2, 3, 4 and 5 year plans.

Individual Savings Plan (ISP) – An investment alternative which delivers higher yields than market rates. Available to individuals of a select industry e.g. OFW and professional services. Availabe terms are 3, 4 and 5 year plans.

Advantages:
– High dividend returns (historically, HomeCredit is able to give 8% per annum earning upon term completion (compounded monthly computation)).
– Optional multi-purpose loan facilities during the program
– Free Life Insurance coverage throughout the duration of the program
– Eligibility to Rent-to-Own on HomeCredit’s inventory listing and Housing loan packages (house & lot purchase, house renovation & house construction) for member’s preferred residential property (within HomeCredit’s coverage area). Available after 1 month of membership.
- Free Personal Accident Insurance for individuals who will submit their application on the seminar date.
 

* RENT-TO-OWN Promo - one of our home ownership packages designed to make acquiring a home an affordable and reachable goal for our members. You pay in equal installments as if renting an apartment, but in this case your money goes to acquiring your dream house. Members are given a 5 year period to decide on whether to purchase the house upon approval of the Rent-to-own application. If the rent option is exercised, then monthly rentals will be credited as amortization to the housing unit, thus paying-off part of the loan. The RTO promo offers a unique venue for employees and members to acquire a house with the ease of just renting at affordable rates and ultimately owning the unit, and without the burden and stiff requirements of an immediate mortgage loan commitment.

Move in Fees are as low as php 17,000 inclusive of 2 months* advance rent and monthly rent as low as php 4,100 per month on the first year.

* Paluwagan Loan Plan - this is one of Home Credit's short-term loan package. As the name suggests, it is a "paluwagan" system that you and your other ESP members can avail of. Home Credit takes care of monitoring the ins and outs of the "paluwagan", leaving you with a worry-free experience. This paluwagan loan plan may also be used as an initial deposit to the Rent-To-Own program or to help meet the member's financial needs. The plan offers interim benefits that allow borrowing and saving at the same time.

* Cash Agad Personal Loan - a personal loan facility that any active ESP member can avail of. This is for those companies whose ESP members cannot form a "paluwagan" group to avail of the paluwagan plan. We offer competitive rates to suit your needs.

* Save & Loan for a Home Program - this is a package designed for our Overseas Contract Workers or OFW's who wants to avail of a very affordable housing package but at the same time provide them with a savings facility. The payments are made thru our authorized remittance centers on a monthly basis. Initially available only for the Hongkong OFW's. Please call us for further details on how you may avail of this.

Return to top