BPI Home Loan for Construction: How To Apply For It & Requirements

Guide on BPI Home Loan for Construction Application Process

BPI HOME LOAN FOR CONSTRUCTION – Here is a guide on how to apply for the home loan offer of the Bank of the Philippine Islands (BPI).

One of the best investments you can ever have is a residential property. It may be a house and lot, a townhouse, a condominium unit, or simply a vacant lot that you can call your own. Truth be told that a lot of things’ value may depreciate as years pass but the value of lot only goes up. It is the reason why a lot of people who are into real estate business were able to grow their wealth.

However, truth be told that not everyone is ready for a one-time payment for any residential property. Meanwhile, there are options that you can turn to like loans. There are several banks and lending companies that offer loan products.

More commonly called BPI, the Bank of the Philippine Islands is one of those that offer housing loans. It has a BPI Home Loan for construction purpose.

BPI Home Loan for Construction
Photo Credit: Bloomberg.com

Do you want to know how much you may borrow under the said loan offer? Feel free to visit – BPI House Construction Loan: Minimum & Maximum Loanable Amounts.

How to apply for BPI Home Loan for Construction:

Step 1 – Check the eligibility requirements set by the bank. To check if you are eligible to apply for the loan offer based on the qualifications set by BPI, feel free to visit – BPI Home Construction Loan: Who Are Qualified To Apply For It – Here’s a guide….

Step 2 – Prepare the documents needed. There are documents that you must submit in applying for the home loan offer of BPI. To check on the list of documents that you need to prepare, you may visit – Requirements for BPI Home Loan for Construction Purpose – List of What You Need To Prepare.

Step 3 – Visit a branch of BPI nearest to you and submit the documents to start the application process.

You may also visit – BPI Home Loan Rates: List of Interest Rates for Home Construction Purpose

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