Tailor -made programs for different needs
NHMFC, understanding that every Filipino has different living needs, offers various programs for different market segments. The program for socialized housing loans (Shelter), which was introduced in 2016, offers low -income families alternatives through partnerships with microfinance institutions and local governments and enables many families to gain access to affordable living space.
The Community Mortgage Program (CMP) enables the municipalities to bundle resources and develop the country together to promote unity and provide affordable houses. This program contributed to the creation of the social housing finance corporation (SHFC) in 2004, which further strengthened the role of NHMFC in the social housing accommodation.
In 2016, NHMFC presented the Maginhawang Bhay Dahil Sa Bahay (Mabuhay) program, the first reverse mortgage program of the Philippines. This initiative enables seniors to convert equity into cash and continue to live in their houses. It offers older homeowners financial flexibility in retirement and enables them to maintain their independence.
Since the technology plays a key role in the modernization of processes, NHMFC introduced the Residential Loan Takeout portal (RLT-P) to rationalize credit applications. This digital platform facilitates Filipinos, apply for loans and pursuing progress, which improves the overall hands -like of residential property.
NHMFC also created the Abot Kaya Pabahay Fund, which helps families earn less than 5,000 peseters a month. This initiative focuses on the support of the most economically endangered sectors in society to ensure that they have access to affordable apartments.
The solid financial management of NHMFC enabled him to maintain stability and further support the home buyers. In 2009, NHMFC successfully restructured the debts of 46 billion peseters and secure its ability to finance future residential projects. The company's financial strength was recognized, including the profit of Asian Awards for Excellence in securing.
The purchase program for housing loans (HLRPP), which was introduced in 2010, has further strengthened the real estate market by helping developers have helped access to liquidity. This program, which includes sub -programs such as at home, protection and Berde, offers support for inexpensive, socialized and green -certified residential projects. The Berde program promotes environmentally friendly building practices and encourages developers to use sustainable methods when building houses.
Due to its innovative programs, strategic partnerships and its commitment to sustainability, NHMFC has revolutionized the mortgage financing landscape in the Philippines. The diverse selection of initiatives from the company continues to help Filipinos to achieve residential property and ensure that future generations can build a better and safer life.
While the apartment sector is developing, NHMFC continues to focus on its mission to make a house accessible, sustainable and integrative for all Filipinos. With a future -oriented approach, NHMFC paves the way for a better future in the Filipino living space.