BPI Family Savings Bank, the leading consumer bank in the country, offers housing loan borrowers the advantage of having a “paybreak” in their monthly housing amortization. BPI Family Housing Loan PayBreak is the Bank’s unique housing loan variant that gives clients the option to skip one monthly payment every year without having to incur penalties.
This “one month-no payment-no penalty” scheme by BPI Family Savings Bank lets you choose the particular month every year that you need a payment break the most. This comes as a reliever especially during the month in which expenses are higher than normal.
As school season is about to start, Filipino families are now expecting for an increased amount of payables because of their children’s tuition, as well as increase in expenses for books and school supplies. This month of June is perfect for a pay-break. Clients will instead pay 11 months per year to lighten a family’s financial obligations.
“We would like to evolve and continually understand the growing needs and concerns of our clients. We know that each year, tuition increases and so, we are more than happy to recommend our first and only loan variant that gives our clients the relief that they need financially. They need not put off owning a home because of existing obligations, BPI Family Savings Bank PayBreak offers them reprieve from housing loan payments, one month every year.” BPI Family Savings Bank SVP and Retail Mortgage Head, Celyn Sta. Ana says. “In our years of serving Filipinos and making their dreams a reality, we would like to stay and continue to be their loyal partners.”
BPI Family Savings Bank makes applying for a housing loan very convenient with simplified application form in bpiloans.com; or, in any of more than 800 branches nationwide; or through our developer and broker partners, all of which allow our clients convenient access wherever they may be.
For more information, visit us at www.bpiloans.com or call (02) 845-6888.