EastWest widens housing loan offer

MANILA, Philippines - EastWest Bank now offers financing for home buyers from top real estate builders Ayala Land, Megaworld, Robinsons Land, and Rockwell Land Corp. With its distinction for offering some of the market’s best customer-friendly loans, EastWest’s efforts also just made owning a first home much easier to reach. The country is in the midst of promising economic horizons, which has led to a vigorous housing boom. Prospective buyers are eyeing to get the property that they dream of. Though properties are being built in an unprecedented pace, developments continue to be scooped up and booked full even at pre-selling stages. Now may be the best time for the upwardly mobile Filipino to achieve home-ownership – long considered one of life’s major milestones. And that the home was built by one of the country’s premier real estate developers makes that milestone icing on the cake. “We want to help young couples and heads of growing families in their pursuit of home ownership, so we came up with steps to make loan applications easier,” said Yolanda de Claro, EastWest home loans head.  “Securing financing for a home that’s built by a developer partner is one way to do that since that developer has already been approved by the bank. The loan process with an accredited partner runs shorter.” More importantly, in the mad dash for properties in the market, swift approval means the buyer won’t lose the home they’re eyeing to buy. EastWest brings the goal of home-ownership within easy reach.