BFS is the pioneering mortgage company in the Philippines which aims to settle mortgages which have been overdue for more than 20 years. It services over 52 thousand delinquent loans from the National Home Mortgage Finance Corporation, of which almost 40 thousand have been resolved. BFS Account Specialists manage their own portfolios of accounts, negotiating daily to find proper customized settlement options for their clients. The Home Saver Offer program is designed to find the most optimal settlement amount for each account. With large discounts and condonation of interest and penalties, the program has allowed thousands of BFS clients to resolve their accounts and obtain legal homeownership over the properties they have occupied for decades. This is the case in Bataan where many borrowers have been able to pay off their obligation. Constantly worried that they would lose their tenancy, these Bataan residents sought the help of family and friends to consolidate enough funds to settle their accounts. Whether widowed or with a limited income, borrowers were able to come to an agreement with their Account Specialists, even if settlement amounts were lower than what were offered by the Home Saver Offer. The full payment of the loans guaranteed...
Many BFS borrowers in Cavite have a lot in common. Other than being single career women, they are incessant savers, and have occupied properties with long outstanding mortgages. Managed by BFS, these mortgages dated back to the 1990s and were severely delinquent for over 20 years. These borrowers were constantly contacted by BFS to settle their obligations as the company assured these ladies that legal homeownership was the way to go. They were delighted when they received the Home Saver Offer. Armed with savings and the will to settle, they discussed their offers with BFS and reached agreements to finally pay off their loans. Despite the final amounts being lower than what was provided in the Home Saver Offer, BFS granted their settlements. BFS’ Home Saver Offer is only one of the many programs the Philippines’ pioneering mortgage servicer has to offer. Situated in Bonifacio Global City and Davao City, the company designs innovative ways to settle outstanding mortgages from its portfolio of over 52 thousand loans from the National Home Mortgage Finance...
Mr. Sixto Caluza is the happy owner of a BFS property as he displays the property title in his name. Having acquired a portfolio of over 52 thousand highly-defaulted mortgages from the NHMFC, BFS offer programs for affordable and legal homeownership to its existing delinquent borrowers and new buyers. Like Mr. Caluza, over 190,000 Filipinos have availed of these programs and are now happy residents in properties located in established communities throughout the country. BFS continues to service these accounts out of its offices in BGC and Davao City and can also be accessed through its website...
Gerard Juntaciego was searching for a property to buy for his family. Hearing of BFS’ affordable pre-owned properties, Gerard logged onto www.bfs.com.ph/properties to look for the perfect house for them to call home. Now, the Juntaciegos are the proud owners of a BFS home in Taytay. BFS offers pre-owned properties in established and mature subdivisions with good access to commercial and community establishments such as shopping malls and schools. Based in BGC and Davao City, BFS has provided homes to over 190,000...
For Jade Camerino, an opportunity presented itself to purchase a BFS foreclosed property at a low price for a business venture. With the perfect location, price, and lot size, Jade was happy to find the right instrument for investment in Dasmarinas, Cavite. BFS has properties in bustling communities throughout the Philippines. Working out of its BGC and Davao City offices, the company makes these investment opportunities available for business-minded...
