Home Financing

Here in Robinsons Land, we understand that every home buyer has his or her own financial needs and preferences. That is why we have provided a basic guide and information that can help you in knowing more about how you can finance your new RLC home.

Payment schemes differ from one real estate development to the other. Typical payment schemes include:

• Cash
  • Real estate developers often offer discounts for buyers who choose cash or near-cash options
  • Offers the ease of purchase that comes with directly purchasing from the real estate company instead of through a bank
• Near-cash / Deferred Cash
  • Near-cash means that a certain percentage of the property price is due for downpayment. After that, the remaining balance is payable within certain number of days
  • Offers the ease of purchase that comes with directly purchasing from the real estate company instead of through a bank
• Bank financing
  • Bank financing option means that the financing is extended to a bank or to financial institutions like PAG-IBIG. The ownership of the property Is transferred to the buyer who then pays mortgages to the bank. This arrangement is often covered by a Deed of Mortgage agreed upon by both parties.
  • Bank financing has lower interest rates and may allow the ownership title to be transferred to the buyer earlier if the buyer is able to use another property as collateral. If the collateral used is the property which is being purchased, the title of ownership will be transferred to the buyer but will be kept by the bank until the buyer is able to complete mortgage payments.
  • Bank financing requires a certain percentage due for down payment to be made by the buyer. The balance is then financed by the bank which is payable up to a  maximum number years. This is subject to bank approval first.

Accredited Banks

• Banco De Oro (BDO)
• Bank of the Philippine Islands (BPI) Family Bank
• BPI Direct Savings Bank
• HSBC
• Metrobank
• PSBank
• Robinsons Bank

Non-bank Financing Partner:

• Home Funding, Inc. (HFI)

Some things to consider when deciding on a financing option for you:

• Consider home much money you have set aside for this purchase. This will help you know if you are able to pay for the entire price in cash or if it is necessary to choose near-cash, in-house or bank financing.
• Find out if there are promos or discounts offered by Robinsons Land (discounts particularly apply to cash and near-cash options)
• Know your monthly cash flow when considering in-house or bank financing. This will help you in determining how much you can pay for monthly or installment payments
• Find out the interest rates for each payment scheme
• Find out if Robinsons Land offer bank financing through your bank
• Consider the advantages & disadvantages of paying a large one-time amount and compare it to the advantages and disadvantages of making monthly or periodic (for installment options) payments

***Disclaimer: The information provided here are given in good faith for the benefit of our clients and investors. Please feel free to confirm, qualify and inquire further for more detailed and up-to-date information. Information stated in this page may change without prior notice. The information given here does not constitute part of any promo, offer or contract.