Filinvest Land Inc. has teamed up with East West Banking Corp. to launch a financing program that waives bank fees and accelerates loan approvals for select ready-for-occupancy properties.
The partnership allows buyers to finance up to 95 percent of the total contract price for certain units. Down payments start at 5 percent and can be settled through spot cash or installments over 12 months. Some projects feature early move-in options requiring less than a 5 percent initial payment.
To address the typical spike in monthly amortizations after the down payment period, EastWest Bank is offering loan tenors of up to 30 years with preferential interest rates. The bank has also established a dedicated lane for faster evaluations, aiming to complete pre-qualifications within 3 banking days.
The program eliminates upfront bank fees to reduce the initial financial burden on first-time homeowners and young families. This incentive is offered alongside existing Filinvest Land discounts and gift vouchers for select condominiums, house-and-lot units, and lot-only projects.
Filinvest Land president and chief executive Tristan Las Marias said the company is committed to making the journey to homeownership more achievable for Filipinos. “This partnership with EastWest Bank strengthens our efforts to remove common barriers to owning a home, helping more families move into their homes sooner and with greater ease,” Las Marias said.
