UWI Homes Analysis
What is UWI Homes?
uwi Homes specializes in providing financing solutions for small to medium-sized housing developers in the Philippines. Their unique approach includes offering bridge loans that address delays in bank mortgage disbursements. This enables developers to maintain cash flow and complete projects on time, addressing the housing backlog in the region.
Location
21 f Plaza Drive Makati 8, Makati Central Post Office, Bicol 1200, Philippines
Employees
11-50
Founded
2022
Product Features & Capabilities
- Bridge loan for small to medium-sized developers, Express Building (EB) Financing, Unsecured loan, 100% construction financing for pre-sold units, Interest-only monthly payments, Principal due at maturity, Maximum extension of 60 days.
Pricing
-
Express Building
- 100% construction financing for pre-sold units with preapproved mortgages
- Loan-to-Cost (LTC): 100%
- Max Loan: <72% of Home Price
- Annual Percentage Rate (APR): 15% - 24%
- Collateral: Power of Attorney (POA)
-
Investor Equity
- Scalable: No
- LTC: <80%
- Max Loan: <80% of Project Cost
- APR: 20% - 36%
- Collateral: n/a
-
Construction
- Scalable: No
- LTC: <80%
- Max Loan: <80% of Project Cost
- APR: 13% - 36%
- Collateral: Fixed Asset
-
Multi-purpose
- Scalable: No
- LTC: <70%
- Max Loan: <75% of Collateral
- APR: 13% - 36%
- Collateral: Fixed Asset
-
Contractor
- Scalable: No
- LTC: <70%
- Max Loan: <80% of Collateral
- APR: 13% - 36%
- Collateral: Fixed Asset
Who are the founders of UWI Homes
JT
Joseph Tan
Founder
ER
Emmanuel Rex Rodriguez
Founder
HQ Full Address
21 f Plaza Drive Makati 8, Makati Central Post Office, Bicol 1200, Philippines
Business Model
Digital mortgage broker earning revenue through partnerships with lenders and developers.
Investors
- Aurum Investments
- Feedback Ventures
- Kaya Founders
- Y Combinator
Market Focus
UWI Homes primarily focuses on the real estate and construction financing industry, providing bridge financing solutions for small to medium-sized residential developers in the Philippines.
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