Housing loan borrowers of National Home Mortgage Finance Corporation (NHMFC) can now enjoy points redemption reward through its recently launched BALAI Rewards and Incentives Program (BALAI Rewards).

BALAI Rewards can be availed by the borrowers whose accounts are active and updated starting January 1, 2020.

Borrowers who pay their monthly amortizations on or before their respective due dates earn one (1) point.   For every 12 BALAI Rewards points earned within a 15-month period, a borrower is entitled to receive a gift certificate worth Php1,000.00.  A bonus gift certificate will also be given if a borrower earns 12 points for 3 consecutive years.

Eligible accounts under this program are automatically qualified to the raffle draw.  Winners will be picked electronically and awarding will be every December to coincide with NHMFC’s anniversary.  Cash prizes at stake are Php 200,000.00 (1st Prize), Php 100,000.00 (2nd Prize), Php 50,000.00 (3rd Prize), and 3 consolation prizes of Php15,000.00 each.

“For several years, the NHMFC has concentrated on providing repayment incentives for delinquent and non-performings loans, and rarely on the regular or prompt paying accounts.  Consider this new program as a reward for our borrowers who religiously pay their monthly amortizations,” NHMFC President Felixberto U. Bustos said during the launch.

BALAI Rewards can be easily accessed through  BALAI Rewards mobile app, My NOA kiosks located at NHMFC offices, and the NHMFC’s official website 

NHMFC Communication Team