East West’s Home Suite Loan makes financing easier for consumers

Owning a house has always been a perennial concern for most Filipinos who are primarily discouraged by high financing costs and inaccessibility to financing programs. The Home Suite Loan of East West Bank now takes them closer into making their dream of owning a house into reality.

"We have devised the Home Suite Loan program to give more people access to affordable financing schemes. It gives consumers a very flexible payment mode that takes into account the different financing needs of each client, whether a new home builder or someone who wants to turn their idle assets into money," said Ferdie La Chica, vice president for marketing support of East West Bank.

The Home Suite Loan has five different loan programs and two payment modes that customers can choose from. A client has five options to help them come up with the most suitable package depending on which life cycle they are in: LotAcquire, HomeAcquire, HomeConstruct, HomeImprove and the HomeFlex.

They can also choose between the standard amortization payment scheme and the unique customer protect financing plan is a unique scheme that makes it easier for customers to project their financing expenses since it pre-determines the client’s monthly amortization. In effect, it protects clients from interest rate fluctuations until loan maturity. East West Bank has always been attuned to the different consumer demands. "We also realized that pricing alone does not constitute an attractive home loan package. We make sure there’s added value to our product offerings instead of simply going the way of traditional and generic loan packages in the market today," affirms Winkie Argamaso, product officer for asset of East West Bank.

To inquire about Home Suite Loan, visit the EWBC Personalized Business Center nearest you.