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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 298060 [Title] => GSIS scraps processing fees for housing loans [Summary] => The Government Service Insurance System has scrapped the processing and other fees it was previously charging members in securing housing loans in an effort to make its housing program more affordable and convenient to avail of.
GSIS President and General Manager Winston Garcia said the GSIS housing loan portfolio - called the Bahay Ko Program (BKP) - has done away with borrowers' burdens such as processing, appraisal, and inspection fees.
Instead, the BKP now charges a nominal P500 application fee, which is only collected once a housing loan application is approved. [DatePublished] => 2005-09-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [1] => Array ( [ArticleID] => 293719 [Title] => GSIS offers fixed interest rates for its housing loan [Summary] => The Government Service Insurance System announced recently that its Bahay Ko Program, a housing loan program, would maintain a fixed interest rate feature to protect member-borrowers from higher amortization due to economic uncertainties.
GSIS president and general manager Winston Garcia said BKP's fixed interest rates-one of the lowest in the industry-would retain the computed amortization despite economic fluctuations in the future that would drive up interest rates.
[DatePublished] => 2005-08-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [2] => Array ( [ArticleID] => 290370 [Title] => GSIS to stick to fixed interest rate [Summary] => To encourage more members to realize their dream homes, the Government Service Insurance System will stick to the fixed interest rate feature of its housing loan program.
The fixed rate scheme is a radical departure from the policy being implemented by majority of government and privately owned financial institutions, which subject interest rates on housing loans to periodic review.
[DatePublished] => 2005-08-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) ) )
NATIONAL HOUSING SHELTER
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 298060 [Title] => GSIS scraps processing fees for housing loans [Summary] => The Government Service Insurance System has scrapped the processing and other fees it was previously charging members in securing housing loans in an effort to make its housing program more affordable and convenient to avail of.
GSIS President and General Manager Winston Garcia said the GSIS housing loan portfolio - called the Bahay Ko Program (BKP) - has done away with borrowers' burdens such as processing, appraisal, and inspection fees.
Instead, the BKP now charges a nominal P500 application fee, which is only collected once a housing loan application is approved. [DatePublished] => 2005-09-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [1] => Array ( [ArticleID] => 293719 [Title] => GSIS offers fixed interest rates for its housing loan [Summary] => The Government Service Insurance System announced recently that its Bahay Ko Program, a housing loan program, would maintain a fixed interest rate feature to protect member-borrowers from higher amortization due to economic uncertainties.
GSIS president and general manager Winston Garcia said BKP's fixed interest rates-one of the lowest in the industry-would retain the computed amortization despite economic fluctuations in the future that would drive up interest rates.
[DatePublished] => 2005-08-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [2] => Array ( [ArticleID] => 290370 [Title] => GSIS to stick to fixed interest rate [Summary] => To encourage more members to realize their dream homes, the Government Service Insurance System will stick to the fixed interest rate feature of its housing loan program.
The fixed rate scheme is a radical departure from the policy being implemented by majority of government and privately owned financial institutions, which subject interest rates on housing loans to periodic review.
[DatePublished] => 2005-08-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) ) )
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September 22, 2005 - 12:00am
August 27, 2005 - 12:00am
August 7, 2005 - 12:00am
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