Property developer Ovialand has partnered with BDO Unibank Inc. in a transaction that allows more Filipinos to get the financing needed to purchase a home of their own.
Ovialand forms part of a roster of developers under the BDO new home loan program where clients can get up to 95 percent of a loan to buy their homes.
This would allow Filipinos to move into brand-new homes with a downpayment as low as P100,000 to P200,000.
“We are pleased to partner with BDO, one of the country’s most prominent banks, in making the dream of homeownership a reality to more Filipinos. This partnership will enhance Ovialand’s own efforts in making the process of buying a home more convenient to everyone,” Pammy Olivares-Vital, president and CEO of Ovialand, said.
“Ovialand’s major thrust to create affordable premier homes for the growing aspirational homebuyer is aligned with our commitment to make homeownership fast and easy through unique financing options. We look forward to collaborating with them in their growth plans,” Angelita Manulat, BDO senior vice president and Home Loans Business head, said.
Ovialand’s housing portfolio is centered in South Luzon, particularly Batangas, Laguna, and Quezon but its long-term goal is to have a national presence, which explains the decision to build its first property development in Bulacan.
