WELCOME

CTS GOLD ORIENTATION

WHAT IS CTS GOLD?

- It is a Golden Opportunity created by 8990 Housing Development Corporation to make owning a DECA Homes very affordable in the most easiest way, hassle free reservation and earliest possible time to Move-In.

- It is a newly innovated program and the only payment scheme that 8990 Housing Development Corporation can offer to our prospective buyers.

HOW MUCH IS THE INTEREST RATE?

Fixed at 11% interest rate with a rebate given to the buyers who pay on or before the due date of their monthly amortization

for the 1st 5 years.

ELIGIBILITY

1. Buyers who are not more than 60 years old;2. Gainfully employed or Self employed ; and3. Net Disposable Income (NDI) is 100% of or greater than the

monthly amortization of the unit they intend to acquire.

NET DISPOSABLE INCOME (NDI)

100% NDI = MONTHLY AMORTIZATION

WHY CTS GOLD?

CTS GOLD HDMF CIR. 310

Fixed Interest rate at 11%. 

With Re-pricing depending on the chosen fixed-pricing period:

3-Year Fixing/Re-pricing = 7.985%

5-Year Fixing/Re-pricing = 8.985%

10-Year Fixing/Re-pricing = 10.000%

15-Year Fixing/Re-pricing = 10.750%

20-year Fixing/Re-pricing = 11.125%

25-Year Fixing/Re-pricing = 11.500%

30-Year Fixing/Re-pricing = 12.250%

Rebate will be given to the buyers who pay on or before the

due date of their monthly amortization for the 1st 5 years.

None.

CTS GOLD HDMF CIR. 310100% Net Disposable Income of the borrower or family's combined NDI

35% Borrower's Gross Monthly Income for loans not exceeding P750,000.00; 30% for loans exceeding P750,000.00

Affordability computation is based on the submitted POI with one-on-one appearance of the buyer.

POI must be properly documented with CIBI and one-on-one appearance of the buyer.

Considers Income support from any of the family members.

Co-borrower is required if the borrower's NDI is not sufficient to avail the desired loan amount.

WHY CTS GOLD?

CTS GOLD HDMF CIR. 310

100% Loan-to-Collateral Ratio, thus, lowerEquity requirement.

Loans up to P1.25M = 90% LCRover P1.25M to P6M = 80% LCR

Note: Loan-to-Collateral Ratio may be adjusted depending on the result of the Borrower's Evaluation System (BEST), therefore, resulting to higher and additional Equity.

MRI for High risk and low risk jobs are computed the same.

Higher computation of MRI on the high risk category jobs.

None. Upgrading of contribution is required upon application to Pag-IBIG Fund.

WHY CTS GOLD?

Minimum of Php 15K payable up to 3 monthly installments that will commence a month after the reservation date thru post dated checks (PDC).

EQUITY PAYMENT

Reservation Date 1/1/2013

1st Equity Payment 2/1/2013

2nd Equity Payment 3/1/2013

3rd Equity Payment 4/1/2013

Package Price exceeding Php 1M, equity is Php 30K payable in 6

monthly installments.

DISCLOSURE STATEMENT

DISCLOSURE STATEMENT

RESERVATION POLICY

a) Passes the NDI Requirementb) Pays P 5,000.00 Reservation Feec) Submits the following documents:

Buyers Info Sheet + four (4) 1 x 1 ID photo; Gov’t. issued ID (ex: driver’s license, SSS ID) company ID & other identification papers, if needed; 1-month Pay slip and / or proof of other income and / or assets Complete Set of Signed Loan documents

Option Agreement Contract to Sell Deed of Restriction Buyer’s Undertaking

Special Power of Attorney (if needed) Signed Disclosure Statement Required Post dated Checks (3 equity installments + 46 for monthly amortizations and SRI/FI premiums + 1 guarantee check

MOVE - IN

The buyer may move in provided that all the required documents enumerated above are completely submitted, the account is updated and the loan application of the buyer is approved or TAKEN OUT.

THANK YOU