What is Bulk Purchase for Housing Loan Receivables Purchase Program (HLRPP)?

As an incentive to NHMFC’s active and eligible originators who continuously deliver quality & sizeable housing loan accounts, we have created a special facility for faster takeout releases under the HLRPP 1, 2 and 4 through bulk purchase.

Under this facility, originators can earn half of 1% Bulk Participation Incentive.

Who qualifies for Bulk Purchase?

  • Originators of Accounts
  • Must be an active originator with at least 12 taken out accounts from the same HLRPP sub-program in the last 24 months.

  • Collection Efficiency
  • Must have a collection efficiency rating (CER) of at least 90% in the last 12 months.

  • Conversion Performance
  • Must have facilitated the transfer from CTS to REM and annotated the LMA for at least 50% of their taken-out accounts at the time of assessment.

  • Compliance to Documentations
  • Must have complied to all the post take-out documents due at the time of the assessment

Is your portfolio qualified?

  • Volume of Accounts
  • Must be at least 12 accounts within the same project or an NHMFC accredited project/s.

  • Financial Capacity of Borrowers
  • The outstanding principal balance of the borrower must have a front-end ratio of not more than 33% and a back-end ratio of not more than 75%.

  • Collateral Coverage
  • The Loan to Value Ratio of each account must not be more than 90%.

Get in Touch

For the full details of this program, talk to us! Set an appointment by sending an email at marketing@nhmfc.gov.ph or call us at 8892-55-03 or 09178231569.