BDO HOME LOAN: How To Apply for House Loan to Banco de Oro

Steps on How To Apply for House Loan to Banco de Oro or BDO Home Loan

BDO HOME LOAN – Here are the easy steps on how to apply for a house loan to Banco de Oro (BDO).

One of the giants in terms of financing loans nowadays is the Banco de Oro or more commonly known as the BDO. It has a lot to offer when it comes to loans and financial assistance.

One of the prominent loans offered by the Banco de Oro is the BDO Personal Loan. It is a flexible loan that can be used by the client in any personal purpose.

Another known loan offered by the bank aside from the BDO Personal Loan is the BDO Home Loan. According to BDO, it offers financing assistance for the following purposes through the loan:

• Purchase of House and Lot / Townhouse Unit / Condominium Unit / Vacant Lot
• House Construction / Renovation / Improvement
• Reimbursement of Acquisition
• Refinancing / Loan Take-Out

Applying for a BDO Home Loan is easy as long as you have secured your eligibility and as well as the documents needed. Here is a guide on how to apply for the said loan in courtesy of the bank:

Step 1

According to Banco de Oro, the following are the set qualifications for the housing loan they offer. The applicant must be:

• not less than 21 years old and not more than 70 years old during the time of the application
• a Filipino citizen
• having a stable source of income from employment or business

If you are locally employed, you must be working for at least two(2) years in the company. For self-employed applicants, your company or business must have not less than two(2) consecutive “profitable years of operation”.

With regards to those who are employed abroad, according to BDO, the applicant must be in his or her field of employment for two(2) to three(3) years already.

Step 2

Another step to apply for the BDO Home Loan is to secure a copy of Home Loan application form. Accomplish it with factual and accurate information.

Step 3

Secure the requirements needed for the housing loan. For the full list of what you need to prepare, visit – BDO House Loan Requirements.

Step 4

Submit your duly-accomplished loan application form along with the requirements to the Banco de Oro branch where you wish to apply for the loan.

Thank you for visiting our website. Hopefully, this has helped you in applying for a housing loan to Banco de Oro.

READ ALSO: BDO Personal Loan Requirements: What To Prepare In Applying For Loan