CASH FLOW GUARANTEE (CFG) ON ASSET-BACKED SECURITIES Terms and Conditions Extent of Guarantee Coverage The Special Purpose Entity (SPE) shall issue 2 classes of certificates: Senior Notes (70%) and Subordinated Notes (30%). PHILGUARANTEE shall guarantee the receivables backing-up the Senior Notes. Default in the servicing of securities shall not result in a call on the continue reading : CASH FLOW GUARANTEE (CFG) ON ASSET-BACKED SECURITIES
UNSECURED SMALL HOUSING LOANSGUARANTEE FACILITY Terms and Conditions Maximum Loan for Guarantee Coverage Up to P 580,000 (Lot Acquisition / House Construction); and Up to P 300,000 (Home improvements and repairs) Extent of Guarantee Coverage Maximum allowable call is 1.2% of the total enrolled account. This is composed of 1.0% Trust Fund and 0.2% from continue reading : UNSECURED SMALL HOUSING LOANS GUARANTEE FACILITY
HOUSING RETAIL GUARANTEE FACILITY STANDARD COVERAGE Terms and Conditions Maximum Loan for Guarantee Coverage Type of Housing Packages (Selling Price/ Appraised Value) Socialized Housing*Price Ceiling for Socialized Subdivision Project (SSP) and Condominium Projects (CP) Low-Cost Housing*Price Ceiling for Socialized Subdivision Project (SSP) and Condominium Projects (CP) up to P3.0 Million Medium-Cost HousingAbove P3.0 Milllion up continue reading : HOUSING RETAIL GUARANTEE FACILITY-STANDARD COVERAGE
HOUSING RETAIL GUARANTEE FACILITY BOND COVERAGE Terms and Conditions Maximum Loan for Guarantee Coverage Type of Housing Packages (Selling Price/ Appraised Value) Socialized Housing*Price Ceiling for Socialized Subdivision Project (SSP) and Condominium Projects (CP) Low-Cost Housing*Price Ceiling for Socialized Subdivision Project (SSP) and Condominium Projects (CP) up to P3.0 Million Medium-Cost HousingAbove P3.0 Milllion up continue reading : HOUSING RETAIL GUARANTEE FACILITY-BOND COVERAGE