Juan Hour Featuring Lumina Bauan

Get a chance to win Php 1,000 AllEasy credits by joining our Like, Follow, and Subscribe Party on our social media account with the newest Wednesday habit every 5 PM called Juan Hour.

Here are the steps you need to follow to get a chance to win the Php 1, 000 AllEasy Credits:

1. Follow Lumina Homes’ Official Twitter account at www.twitter.com/lumina_official.
2. Like and share this Juan Hour episode 
3. Upload your proof of entry at www.lumina.com.ph/public-event-upload.

By 6 PM every Wednesday, we will gather all the valid entries and announce the winner on our official Facebook Page.

Make sure to stay tuned in Lumina Homes’ Juan Hour for more insight into our house and lot offers in our over 50 projects all around the country. Every week, we will be giving the latest updates, promos, and other helpful information when you search about the “houses for sale near me” or “apartment for rent near me.”

Whether you’re watching on a desktop or mobile phone, you can easily visit our Lumina Homes Twitter account. 

Lumina Bauan

Bauan consistently exceeds economic expectations in terms of tourism and infrastructure. Some of the tourist attractions in Bauan are the Sampaguita Beach which is located along the seaboards of Brgy. Sampaguita, wherein locals and tourists can enjoy the white sand on its beach. They also have the Abaksa River and the Immaculate Concepcion Parish, a century-old church.

Aside from great natural tourist attractions, Bauan also has various local dishes that you must try on like Batangas Lomi, Londres, and Pianono.

If you’re looking to live in this area, Lumina Bauan is a 16-hectare subdivision that can be found in Brgy. As-is, Bauan, Batangas. It’s pretty accessible as it is only 4.8 km away or just around 11 mins ride to the town proper.

How to get there?

For commuters from Manila, take a bus to Batangas City via CALABARZON. Take off at Batangas City Grand Terminal, then ride a jeepney going to Lumina Bauan subdivision.

Via private vehicle, from Manila, take SLEX. Then take the Star Tollway Exit at Batangas City and turn to Bauan. The project is just along the National Highway.

Some of the nearby establishments in Lumina Bauan are:

Major banks 

• RCBC
• PNB
• BDO
• BPI
• Chinabank
• PSBank

Churches

• Bauan Bible Christian Church
• Christian Bible Baptist
• Our Mother of Perpetual Help
• Holy Family Parish
• Iglesia ni Cristo
• Bauan Seventh Day Adventist
• Immaculate Conception Parish

Hospitals

• Bauan Doctor’s General Hospital
• Bauan General Hospital

Malls and Market 

• Citimart
• Bauan Public Market
• Bauan Plaza Hotel

Schools

• St. Terese School
• Bauan Technical School
• Bauan East Central School
• Bauan High School
• St. Jose Maria Escriva
• Montessori Bauan
• Municipal Agriculture and Vocational High School

Model Houses

There are different houses for sale near me in Bauan:

Angelique Townhouse. Buy house and lot for sale with a minimum lot area of 36 sqm and floor area of 34 sqm. Its ground floor has an area of 18.5 sqm while its 2nd floor is 16.5 sqm.

Angeli Townhouse. Buy home with a minimum lot area of 36 sqm and floor area of 42 sqm. Its ground floor has an area of 22 sqm while its 2nd floor is 20 sqm.

Angeli Duplex. Buy a home with a minimum area of 54 sqm and a floor area of 42 sqm. Its ground floor has an area of 22 sqm while its 2nd floor is 20 sqm.

Angeli Single Firewall. For sale house with a minimum lot area of 54 sqm and floor area of 42 sqm. Its ground floor has an area of 22 sqm while its 2nd floor is 20 sqm.

Amenities:

• Guarded entrance and exit with CCTV cameras
• Covered basketball court
• Mini parks and playground

Advantages of Bank Financing

There are many advantages of bank financing, such as:

1. Convenient
2. Fast processing time
3. Flexible loan terms
4. Lower interest rates

Want to know who can borrow for bank housing loans? Here are their qualifications:

• Filipino or dual citizen. If a foreigner, you must be married to a Filipino citizen.
• At least 21 years old upon loan application.
• At most 65 years old upon loan maturity
• Permanently employed for at least two years
• If self-employed, the business must be in profitable operation for at least two years.

You can also qualify as a borrower if your:

• Gross Monthly Income = Php 40, 000Debt Burden Ratio = 30%
• Net Disposable Income = Php 12, 000

*You must also note that the amortization must be equal or less than the NDI, and the DBR computation will be based on the submitted income profile.

Meanwhile, here are the requirements for bank financing application:

Self-employed

• Two valid IDs
• Marriage Certificate / Birth Certificate
• Audited financial statement for the last two years
• Business registration / Mayor’s Permit
• Bank statement for the previous six months
• List of suppliers and customers (at least five with contact numbers and addresses)
• Company profile

*Please note that additional requirements may be requested.

Locally employed

• Two valid IDs
• Marriage Certificate / Birth Certificate
• Latest ITR
• Certificate of Employment with compensation
• Latest three months payslips

OFWs

• Two valid IDs
• Marriage Certificate / Birth Certificate
• Latest ITR
• Certificate of Employment with compensation or latest contract
• Latest three months payslips
• Personal details and contact number of Attorney-In-Fact
• Special Power of Attorney or SPA should be notarized if executed in the Philippines (passport entry and exit stamps) while consularized if executed abroad.

*Please note that additional requirements may be requested.

Interest Rates

• For fixing terms of 1-3 years, there will be prevailing rates of 6% - 6.50%
• For 4-5 years, prevailing rates will be from 7.38% - 8%

FAQs

Here are the FAQs for bank financing applications:

Upon approval, can we still change the loan term and fix the rate per the client’s request?

Yes, but it is still subject to approval and will still base on the income profile and age of the client.

What if the borrower’s income is insufficient? What are the other options?

The client may appoint a co-borrower or settle an additional down payment.

Who can be qualified as a co-borrower?

He or she must have a first degree of consanguinity with regular employment status or business established for two years.

What if the client has a marital issue? Can they still apply for loans?

The principal borrower must be annulled or with a court order. If not, the spouse should also appear in all documents.

What if the borrower has existing insurance already? Can they use it as insurance for a housing loan?

This will be possible, and existing insurance will be subject to evaluation.

Why do housing loans get disapproved?

The client may have an existing loan resulting in insufficient income or a client with poor payment history, canceled cards, or an adverse loan.

So if you’re in the Bauan area and looking for homes to buy or apartments for rent near me, feel free to contact Lumina Bauan at 0998-968-1628 for Smart subscribers 0917-857-7481 for Globe Subscribers, and look for Ms. Abby and Sir Nikki.

***

For more information about the affordable house and lot for sale and condo units of Lumina Homes, please contact (0917) 629 6523.

Visit the official website of Lumina Homes and like/follow our official online channels: Facebook, Twitter, Instagram, YouTube, Google MyBusiness & Google Maps, Pinterest, Spotify, Viber, Telegram, Lazada, and Shopee.