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1016 Residences is a 27 storey high-end residential condominium project co-developed by Ayala Land, Inc. and Cebu Holdings, Inc. Carrying the Ayala Land Premier brand, the development promises to deliver an exclusive and distinctive living experience. 1016 Residences is located centrally at Cebu Business Park. It is a short walk from the city’s premier retail and entertainment hub, the Ayala Center Cebu, and is directly connected to the exclusive City Sports Club Cebu – giving residents an endless array of facilities and amenities for shopping, recreation and business.
AmiSa Mactan is a five-hectare beach-front property development in Punta Engaño district in Mactan. It boasts of six residential condominiums that offer breathtaking views of the beach, sea and Cebu’s coastline, a five-star hotel with amenities, a gaming center that includes a casino, two big and beautiful pools, tree-lined walks and nooks, pocket parks, and open spaces that lead to a pristine white sand beach, and of course, sports activity areas.
|(Housing Loan Availment)|
|To qualify for a Pag-IBIG housing loan, a member shall satisfy the following requirements:
However, should a co-borrower in a tacked loan signify an intention to avail of a Pag-IBIG housing loan for himself, he shall be allowed to do so provided the tacked loan is updated and the amount proportionate to his loan entitlement has been fully paid. Hence, the co-borrower shall be released from the original obligation and shall be allowed to avail of his own Pag-IBIG housing loan, subject to standard evaluation procedures.
A member’s loan entitlement shall be proportionate to his Pag-IBIG contributions (inclusive of the employer counterpart contributions), which shall be based on the following schedule:
Pag-IBIG Overseas Program (POP) contributions made in foreign currency shall be converted to its peso equivalent on the date when payment was made, rounded off to the nearest peso. POP members may also opt to pay the required/upgraded contributions in its local currency (peso) equivalent.
For loans up to Seven Hundred and Fifty Thousand Pesos (P750,000.00) which shall either be secured by a First Real Estate Mortgage or a Deed of Assignment of Contract to Sell on the property, which is bought from a developer and is covered by a buyback guaranty, the member’s loan entitlement shall be based solely on his Pag-IBIG contributions.