This is to inform qualified HGC Buyers that the deadline for the application and submission of the documentary requirements for the “Socialized and Low-Cost Housing Loan Restructuring Act of 2008”, under Republic Act is on 15 September 2010.

The following are covered by the Program:

1. Borrowers on record, including successors –in-interest / legal heirs, as of March 16 2009, of all outstanding housing loans granted, acquired and being serviced as follows:


1. Guaranteed accounts assigned / conveyed to HGC by virtue of call payments;
2. BDC (Bliss) Accounts [exclusive of short term and renewable Contracts of Lease];
3. Abot-Kaya Pabahay Fund Accounts;
4. Folio I (Retail –NHMFC Assigned Accounts);
5. Community Mortgage Program and Cooperative Housing Program accounts;
6. HGC in-house retail accounts; and
7. Trust Accounts.


2. The loans / accounts must have accumulated arrearages equivalent to at least three (3) monthly amortizations/ payments as of March 16, 2009.
3. The original principal limit of the housing loan does not exceed Two Million Five Hundred Thousand Pesos (PhP2,500,000.00)

For Inquiries, please contact Ms. Rebecca Hornilla or Ms. Anabelle Pamintuan of the Corporate Services Group at telephone numbers 890-5466 or 895-9013

HURRY! APPLY NOW!