The Community Mortgage Program (CMP) utilizes an innovative system of mortgage financing whereby beneficiaries, through the concept of community ownership, may acquire a privately-owned  undivided tract of land.  Financing through the CMP is intended primarily to assist residents of blighted or depressed areas or the urban poor.

The CMP, implemented by the Social Housing Finance Corporation, is a three-stage loan program – land purchase, site development, and house construction/improvement.  Depending on its present capacity and needs, the borrowing community association may avail itself of the CMP loan either on three stages, or on a one-time basis.  Maximum loanable amount per family-beneficiary is P120,000 for those located in Metro Manila and other highly urbanized areas, or up to P100,000 per family in other areas, payable up to 25 years at 6% interest per annum.

Since the start of its implementation in 1989, CMP has granted a total of P6.4 billion loans to secure the tenure of 182,800 informal settler families nationwide.