GSIS offers housing loan condonation, installment sale - BusinessMirror

Indonesia Berita Berita

GSIS offers housing loan condonation, installment sale - BusinessMirror
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State pension fund Government Service Insurance System (GSIS) is offering a housing loan and restructuring program for housing loan borrowers and installment sale for buyers of its retail housing units.

State pension fund Government Service Insurance System is offering a housing loan and restructuring program for housing loan borrowers and installment sale for buyers of its retail housing units.

“Kung may hinuhulugan kang bahay sa GSIS at nabibigatan ka sa amortization, pwede nating i-restructure ang payment mo na may kasamang condonation ng penalties and surcharges at huhulugan hanggang sampung taon para mas lumiit ang amortization. Kung gusto mong bayaran ng buo, tatanggalin natin lahat ng unpaid penalties and surcharges at bibigyan ka namin ng 50 percent discount sa interest.

Qualified to avail of the installment sale program are active GSIS members who have paid at least 3 years of paid premiums; are not on leave of absence without pay at the time of application; have updated premium and loan payments; have no pending administrative or criminal case; and have no active housing loan account with GSIS.

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