1) Deferred Cash(No Down, No Interest)
Total Contract Price (TCP) is payable in 24 months at zero percent interest. Start of house construction is after payment of 50% of the Total Contract Price and submission of complete required documents. Move-in is after payment of 70% of the Total Contract Price and issuance of Move-in papers by the Customer Care Department.
2) Bank Financing Minimum of 20% downpayment. House construction will start 30 days after full downpayment and submision of all required documents. Move-in is after loan release and issuance of move-in papers by the Customer Care Department.
Note:
Monthly amortization should not exceed 30% of the gross (combined husband & wife) income.
3) In-house Financing
Minimum of 20% downpayment. This option is offered only if the client is not qualified for bank financing. Interest rate (19% p.a.) is fixed for the loan duration. House construction will start 30 days after full downpayment and submission of all required documents. Move-in is after payment of 3 months loan amortizations and issuance of move-in papers by the Customer Care Department.
