Home Loan: Making Homeownership a Reality

Owning a home is a cherished dream for many. At GSAC, we understand the importance of turning this dream into a reality. We are delighted to announce the Home Loan, dedicated to helping eligible members acquire their own homes. With a budget allocation of Php50M for this loan product, we are committed to supporting our members’ aspirations. Read on to learn more about the housing investments covered, interest rates, repayment terms, and how to access this exciting loan opportunity.

Our Home Loan program is designed to assist eligible GSAC members in purchasing or constructing their dream homes. We aim to provide a comprehensive range of housing-related investments for our valued members. Whether you’re looking to purchase a house and lot, acquire a vacant lot for future construction, renovate an existing property, or even invest in a condominium unit, our Home Loan is here to support you every step of the way.

The interest rates for our Home Loan program range between 9% and 12% per annum. The exact rate will depend on the risk qualification of the loan. To ensure affordable monthly payments, we offer a minimum repayment term of 20 years. However, for those considering the purchase of a condominium unit, the loan term will be co-terminus with the dissolution of the corporation project or management, the condemnation or expropriation of the unit, or the condominium building. In any case, the loan term for condominium units will not exceed twenty (20) years.

If you’re excited to explore the possibilities offered by our Home Loan program, we invite you to visit your nearest GSAC Branch. Our staff will provide you with all the necessary information regarding eligibility criteria, required documents, loan application procedures, and any additional details you may require. Don’t miss out on this opportunity to turn your homeownership dreams into a reality.

At GSAC, we are dedicated to supporting our members’ aspirations and financial well-being. With our Home Loan program, we are proud to offer an opportunity for eligible members to embark on their homeownership journey. Whether you’re looking to purchase a house, construct a home, renovate an existing property, or invest in a condominium unit, our Home Loan is tailored to meet your specific needs. Take the first step towards owning your dream home today by visiting your nearest GSAC Branch and discovering the benefits and opportunities our Home Loan program has to offer.