Cathay Land, Inc. brings you the sixth mid-rise condominium: Stanford Suites 3 located in South Forbes Golf City, Silang, Cavite. This building stands six-storeys tall consisting of 331 units. Future residents can opt between a studio unit or one-bedroom for their dream home. What sets Standford Suites from the rest is the intention of providing middle-income families the chance to live a comfortable and convenient life here in the heart of Silang, Cavite. 

Take a splash in Stanford Suites’ The Aquarium which consists of a lap pool, kiddie pool, and outdoor shower area. For our diligent students, there is a study lounge. You may also use our function rooms.Right below the Stanford Suites are different food outlets and stores.

Affordable Housing Loans You Can Get To Buy a New Condominium

In order to secure that dream condominium unit, these are some reasonable housing loans for you to consider:

PAG IBIG Housing Loan (HDMF)

The PAG-IBIG Housing Loan, also known as the Home Development Mutual Fund (HDMF for short) is one you can opt for as it is a fund intended to allow Filipinos to borrow money in order to buy the property or to improve existing ones.

It will not be difficult in securing such fund as most if not all employed Filipinos have PAG-IBIG accounts as it is mandated by the government. An advantage of availing such loan is that members have up to 30 years to pay off their housing loan.

Commercial Bank Housing Loans

Another option would be to check the offers of different major banks in the Philippines which offer housing loans with much affordable interest rates than PAG-IBIG.

At major commercial banks, housing loan interest rates would range from 4.99% to 7.5% for one-year fixed loan period and 7.5% to 9.75% for a ten-year fixed period mortgage. The Bangko Sentral ng Pilipinas (BSP) has now set its policy rate at 4.57% for overnight borrowing.

A perk of availing this kind of loan is that commercial banks offer loan terms of up to 20 to 25 years. However, it is important to take note that the term is dependent on the purpose of the loan.

Summary Of Available Units At Stanford Suites by Cathay Land Inc