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Posted by on Oct 12, 2011 in Corporate News, Loan Accounts News, Press Room

BFS Makes Homeownership Possible for Elena Dimabayao

BFS Makes Homeownership Possible for Elena Dimabayao

Elena Dimabayao(left) receives her TCT from BFS Account Specialist Marc Lexter Bagulbagul

BFS continues to make legitimate homeownership possible for Balikatan borrowers such as Elena Dimabayao. Elena is truly thankful that through BFS, she could save her home in Golden City, Sta. Rosa Laguna.

Elena narrates that she did not have sufficient funds in the past and defaulted on her monthly housing amortizations. When she got notified that her loan account was part of a portfolio that was transferred to Balikatan Housing, she visited BFS, servicer of the loan accounts. “I just felt happy at the chance to redeem so I made an inquiry and asked about the terms.”

BFS, through its highly trained account specialists, explained to Elena her options and facilitated a discounted settlement amount. Elena used up her savings to resolve and is now counted among BFS’ growing list of happy homeowners.

Elena shares her experience, “I’m very happy and contented. We really must find a way to save our homes rather than lose it through foreclosure. BFS is truly a great help because it has a very professional team. They have policies but they listen to borrowers too.”

BFS, the premiere special assets management and mortgage servicing company, has been resolving the 52,000 loan accounts of Balikatan Housing since 2005. In the process, it has fulfilled the dreams of homeownership for thousands of Filipinos.

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