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Residential Real Estate Financing (RRFP) Program

The Residential Real Estate Financing Program (RRFP) is DBP’s umbrella program to support the Bank’s strategic thrust of social development through the provision of accessible financing to support shelter production and secure tenure delivery.

Eligible Projects

    • Part A. Land Acquisition
    • Part B. Site Development and Shelter Construction
    • Part C. Housing Microfinance
    • Part D. Project Preparation Financing Facility

Eligible Borrowers

    • Private Corporations/Enterprises
    • Local Government Units (LGUs)
    • Government Owned and Controlled Corporations (GOCCs)
    • Government Agencies (where allowed)
    • Cooperatives/Associations
    • Participating Financial Institutions (PFIs)/Microfinance Institutions (MFIs)

Interest Rate

Prevailing market rate (fixed or variable)

Repayment Terms

Up to maximum of fifteen (15) years inclusive of up to three (3) years grace period based on project cash flows

Loan Amount

    • Private corporations/enterprises/cooperatives/ associations
    • – up to 80% of total project cost

    • LGUs/GOCCs/GA
    • – up to 90% of total project cost


Program Managers
Rallen O. Verdadero
Head, Program Development Management II
812-8088/818-9511 local 3327
roverdadero@dbp.ph

Gracely Lux G. Itum
Head, Loan Program Development Unit – PDM II
818-9511 local 2330
glgitum@dbp.ph

Miriam T. Fabian
Loan Program Development Unit – PDM II
812-80088/818-9511 local 2331
mtfabian@dbp.ph

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