This is a loan that primarily aims to help finance a member’s various housing needs, from a home purchase or building a new home, renovation, improvement, to purchasing a condominium unit.

Maximum loanable amount:
FOR HOUSE / BUILDING CONSTRUCTION

The maximum loanable amount is Fifteen Million Pesos (P15,000,000.00) for residential and P65,000,000.00 for commercial.

FOR LOT PURCHASE ONLY

The maximum loanable amount for the commercial lot is Fifty Million Pesos (P50,000,000.00), the maximum loanable amount for the residential lot is Twenty Million Pesos (P20,000,000.00) and for the Agricultural Lot maximum loanable amount is Fifteen Million Pesos (P15,000,000.00).

FOR HOUSE AND LOT PURCHASE

The maximum loanable amount is Fifteen Million Pesos (P15,000,000.00).

FOR CONDOMINIUM PURCHASE

The maximum loanable amount is Three Million Pesos (P3,000,000).

FOR HOUSING LOAN EQUITY

The maximum loanable amount is Five Hundred Thousand Pesos (P500,000)

HOUSING AND OTHER MAJOR IMPROVEMENT/RENOVATION

A minimum of Five hundred thousand and one pesos (P500,001.00) maximum loanable amount is Five Million Pesos (P5,000,000.00).

Term:
FOR HOUSE / BUILDING CONSTRUCTION -120 Months

FOR LOT PURCHASE ONLY – 96 Months

FOR HOUSE AND LOT PURCHASE – 120 Months

FOR CONDOMINIUM PURCHASE – 60 Months

FOR HOUSING LOAN EQUITY – 24 Months

HOUSING AND OTHER MAJOR IMPROVEMENT/RENOVATION – 60 Months

For further details, please visit our website at www.orointegrated.coop and navigate to the Contact Us menu.