Housing Loan Application
With so many banks and lending institutions out there, it has been a challenge to identify which bank has the cheapest mortgage rates (and whether it is better to get a loan from a bank or Pag-IBIG). Also, the application procedure is very specific for each institution. You will need to fill out an
application form and provide further documents such as identification
and proof of income. Make sure that you declare all your finances,
income, credit cards and expenses to get approved fast!
| Lending Institution |
Interest Rate |
Min Loan Amount |
| Pag-Ibig |
4.5% |
P400,000 |
| Philippine National Bank (PNB) |
5.25% |
- |
| BPI Family Savings Bank |
5.50% |
₱500,000 |
| Eastwest |
5.50% |
₱500,000 |
| UnionBank |
5.50% |
₱500,000 |
| BPI Direct Savings Bank |
5.50% |
₱400,000 |
| Chinatrust |
5.75% |
₱500,000 |
| Metrobank |
6.00% |
₱500,000 |
| PSBank |
6.00% |
₱500,000 |
| Allied Bank |
6.00% |
₱500,000 |
| Chinabank |
6.50% |
₱500,000 |
| Maybank |
6.88% |
₱500,000 |
| HSBC |
7.50% |
₱700,000 |
| BDO |
7.75% |
₱500,000 |
| Security Bank |
8.75% |
₱500,000 |
| RCBC Savings Bank |
10.00% |
₱300,000 |
Payment and Interest Rate
The home loan interest rate is usually fixed over a certain period
and is subject to change after the end of the fixing period, depending
on the general interest rate movements. When taking out a housing loan,
banks are willing to lend you up to 80% of the actual property value.
Over the agreed loan period, you will have to pay monthly installments,
including interest and repayment.
Are you in need of a loan? Do you want to pay off your bills? Do you want to be financially stable? All you have to do is to contact us for more information on how to get started and get the loan you desire. This offer is open to all that will be able to repay back in due time. Note-that repayment time frame is negotiable and at interest rate of 3% just email us (creditloan11@gmail.com)
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