Check here the BDO Home Loan Features & Guide for Requirements
BDO HOME LOAN – Through the loan offer, BDO Unibank is ready to help you fast-track your long-time goals for you and your family.
Are you one of the people who are thinking about buying a residential property? Truth be told that countless individuals have this goal in common but many people cannot afford to do it in cash.
Meanwhile, you don’t have to do it in cash. There are options that you can turn to such as the BDO Home Loan offer of BDO Unibank. It is one of the many loan offers of the bank and it is ready to finance several purposes such as the following:
- purchase of real estate properties such as house and lot, vacant lot, townhouse, condominium unit
- construction of new house
- Home Equity Loan for an access to funds for home renovation, medical expenses, education, etc. using the residential property as the collateral
Countless people were able to acquire their residential properties through the help of the BDO Home Loan offer. Here are the loanable amounts under the loan offer:
Minimum Loanable Amount
- Vacant Lot Acquisition — ₱300,000
- Condo Unit Acquisition — ₱500,000
- House & Lot Acquisition — ₱500,000
- Townhouse Acquisition — ₱500,000
- House Construction — ₱500,000
Maximum Loanable Amount
- Vacant Lot Acquisition — up to 70% of the appraised value of the property
- Condo Unit Acquisition — up to 70% of the appraised value of the property
- House & Lot Acquisition — up to 80% of the appraised value of the property
- Townhouse Acquisition — up to 80% of the appraised value of the property
- House Construction — up to 80% of the appraised value of the property
With regards to the maximum loan term, the bank allows a maximum repayment of up to 10 years for vacant lot acquisition, up to 15 years for condo unit acquisition, and up to 20 years for house construction and the acquisition of house and lot and townhouse.
BDO Unibank offers up to five years of fixing period. The interest rates depend if the client is new to BDO or an existing client of the bank. Here are the interest rates under the BDO Home Loan offer:
| Fixing Period | New to BDO | Existing BDO Clients |
| 1 year | 7.00% p.a. | 6.75% p.a. |
| 2 years | 7.25% p.a. | 7.00% p.a. |
| 3 years | 7.75% p.a. | 7.50% p.a. |
| 4 years | 8.00% p.a. | 7.75% p.a. |
| 5 years | 8.25% p.a. | 8.00% p.a. |
The BDO loan offer is open not only for the existing clients of BDO Unibank but also for individuals who have yet to avail the services of the bank. It has set varying requirements.
