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...
Mrs. Violeta Hipolito proudly shows off the title to a BFS property that she acquired. BFS services a portfolio of over 52 thousand highly-defaulted mortgages from the NHMFC and has provided legal homeownership to over 190,000 Filipinos through affordable settlement options for delinquent borrowers and discounted sales prices to occupants and buyers. BFS accepts inquiries through its website ww.bfs.com.ph and at its offices in BGC and Davao...
(Business Mirror) Losing one’s home can be heartbreaking and Bahay Financial Services (BFS), the mortgage servicer of 52,000 delinquent housing loans acquired from the National Home Mortgage Finance Corp., knows this very well. BFS’s Social Case Window program assists delinquent borrowers in settling payments of their loan obligation. Borrowers may apply for the program for cases such as extreme poverty or serious medical conditions to avail themselves of lenient financial options. Among the borrowers that have benefited from the program are Jessica Garcia, a teacher and tutor from Zamboanga City who was able to settle P314,000 in loans for her parents’ home; Wilson Co, whose wife was widowed and for whom BFS helped settle his P86,000 loan; Gregorio Ybanez Jr., a cable installer from Mindanao who was able to receive a P5,000 discount on his loan; and Wilfredo Fernando, a welder from Batangas who was saved from eviction and was able to buy the home he and his family are living in, thanks to a deal from BFS. “These are only a few of the people reaching out to BFS to solve their housing payments by applying for the Social Case Window in their desire to settle their long...
(Manila Bulletin) Romeo and Rebecca Calza (in photo, left) are new happy homeowners with the help of BFS, the mortgage servicer of more than 52,000 Balikatan delinquent loans from the National Home Mortgage Finance Corporation. BFS now has the reputation of having more than 60% of the total number of delinquent loans resolved. A BFS Account Specialist guided the couple through the correct procedure of getting their new property, which they could finally pay for even with tuition payments for their children. Then company has committed to offering Balikatan borrowers with different financial options to avoid foreclosure. These include basing resolution amounts on current appraised values instead of outstanding principal balance and partial condoning of penalties and...
