Home Loan

Home Loan Members who are at least two years already and who have contributed at least 24 months. Of course, there are other requirements, before the loan is finally granted,  the point is Loans is only open to its members. So that means if the property you are considering is priced more than PhP ( Philippines)  3M, you need to come up with some form of up-front payment or equity to settle the price difference virus the loan amount. Or, you may opt for another financial institution.


 What type of Real state or Real state project can be finance?

Lot property--      It could be a raw land or parcel of land in a subdivision development.

House And Lot Purchased--   If you are buying from a developer, please check with your broker or
                                               agent. can be used to finance the property you wanted to buy. Most buyers of real estate in the Philippines have no idea of the interest rate that comes with the loan. As a buyer, you should make a top priority to know about the interest rate and be able to compare it to competing lenders.

Home buying is not like shopping for your grocery items. It takes a keen observation and careful attention to details. In choosing a place to live, you should consider such factors are the flow of traffic, location of schools, where people are shopping, the toxic and noisy areas of town and other similar factors.

Money traps on Retiring abroad

I wouldn't be surprised to find that many people return their home country after living their early retirement abroad.
Expats who are still U.S. citizens are subject to most of the same income tax requirements as folks back home, and they must still file a return annually with the Internal Revenue Service on all money earned in the U.S.  including income withdrawn from retirement accounts. I heard people after all their hardwork they wanted to use their money wisely they become thinking to live back home because the money they got  from their retirement is enought for living. I have relatives retire and live there in PH. the couple are both have a good job then they retire and living  in Ph.  which is good because they have a good benefits their both works in the U.S  government before. now living in a big house and retirement they enjoy it because their both working hard.