SSS Raises Housing Loan LimitsThe Social Security System (SSS) has raised the limits in its home lending program and expanded the access to it by members who have the capacity to pay bigger loans, officials said yesterday.Manila Bulletin
This is also an important tool used by companies in determining the amounts to be deducted from employees’ salaries per cut-off. Please be guided by the information below with the updated amount of contribution per month for every member and the schedule of payments. The amount and the ...
Interest accrues during construction:If the property is under construction, interest on the loan amount might start accumulating even before you occupy the house. Overall, the SSS Housing Loan can be a beneficial option for SSS members especially those with a stable income and a good contribution...
In case of member-borrower’s death, total disability, or retirement, the total loan obligation or any unpaid amount of the loan as well as the interest and penalty shall be deducted from the final benefits. Related Articles How to Create an SSS Online Account How to Check my Outsanding L...
CALAMITY, HOUSING LOAN, LOAN, PENSION January 4, 2022 SSS Calamity Assistance for SSS Members affected by Typhoon Odette Last December 2021, nakaranas ang ating mga kababayan sa Southern Luzon, Visayas at Mindanao ng hagupit ng bagyong Odettel. Marami ang nawalan ng bahay at kabuhayan. ...
Information and help tips regarding your pension, housing and personal cash loan with the Social Security System in the Philippines.
I’m planning on availing of a housing loan from Pag-IBIG of P2M but I know that SSS also offers housing loans. How do they compare and is it possible for me to get have a loan from each so I can increase my budget for buying a place?
Finally, concerning the proceeds of renewal loan is any amount greater than or equal to zero as long as the outstanding balance on the previous loan is deducted. I hope this article serves a little help, particularly for beginners online. ...
”Theyhavesufficientincometopaymonthlyrentonasmallapartment,butcan’tsaveenoughtopaythemove-incosts:firstandlastmonths’rentandsecuritydeposit.Thus,theyarestuckinhomelessnessortemporaryhousing,becausetheycan'ttakethethirdstep.Wedecidedtohelpthesefamiliestakethatstepbyarrangingtohelppayfortheirmove-incosts.HOWDOES...
The borrower had to make a tough decision to put additional money into the property with very little potential upside, pay the loan off at significantly less than the loan amount if the servicer would agree to a discounted payoff, or hand the property back to the lender. Borrower engaged ...