Home Equity Savings

About

We offer home equity savings, refers to the wealth or value that a homeowner builds up in their home over time. It's not a type of savings account, but rather a form of net worth tied to real estate.

Home equity is a key part of your personal wealth, as you pay off your mortgage or youron home increases in value, your ownership stake grows.

Home equity savings is the portion of a homeowner’s property value that exceeds the outstanding balance on their mortgage, representing the owner’s financial stake in the home.

Who can avail?

An Associate Member of the Cooperative can avail this Home Equity Savings Program through a settlement of a commitment fee of Php 5,000.00.

What real estate property/ house model can I avail?

You can choose a particular project and unit of preference that Bluerise Holdings Ent. Corp. promotes and develops which includes Alexa Heights, Alexa Homes, Alexa Sea View. He/she chooses either of the following house models - Kaia, Kylle, Kendra, and Ikigai.

How can I start saving?

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Fill up the Letter of Intent to Avail the Home Equity Savings program and the application form

Pay a commitment fee of Php 5,000.00

Start saving at least 2,500 per month in the succeeding month for the chosen model unit

How much interest will I earn?

You can earn 7% per annum while you grow your savings for the equity payment of your chosen house model.

How many years do I have to save?

You may choose either a 5-year or a 10-year home equity savings plan.

What happens if I change my mind about buying the house?

You can still get your savings together with the interest earned, however, it will be subjected to a 20% pre-termination fee.

Sample Computation

CDA Reg #: 9520-100700037717