Guide on BPI Housing Loan Promo Features You May Avail
BPI HOUSING LOAN PROMO – Here is a guide on the features of the promo offered by the Bank of the Philippine Islands under the housing loans it offer.
Nowadays, one of the options that you may consider to get a residential property without releasing a huge amount of cash one-time is a housing loan offer. The Bank of the Philippine Islands (BPI) is one of those that has the said offer.
BPI’s housing loan offers is open to fund the acquisition of a vacant lot, a house and lot, a townhouse, or a condominium unit. Filipino borrowers and foreigners who are married to a Filipino citizens can apply for the said offers for these purposes.
In the case of foreigners with a immigrant or resident visa, he or she may apply for the purpose of acquiring a condo unit. Borrowers regardless of purpose must be of legal age but not more than 65 years old upon the maturity of the loan.
Currently, there is a BPI Housing Loan Promo that you may avail. The following are the main features of the said promo:
- 6.88% Interest Rate Fixed for Five (5) Years
- Waived Fees of up to Php 50,000.00
According to the bank, this BPI Housing Loan Promo is open solely for home acquisitions. The following conditions must also be met:
- borrower applies for loan as an individual borrower
- the loan amount is at least Php 2,000,000.00
- the minimum loan term is ten (10) years
- the loan is availed on or before December 27,2019
BPI is open for applications until October 31,2019 only. Do you want to know how much you can borrow under their housing loan offer? You may visit – BPI HOME LOAN – Minimum & Maximum Loanable Amounts Under the BPI Home Loan.
You can start your application online. For a guide, you may visit – BPI HOUSING LOAN: How To Apply For Housing Loan Through BPI Online.
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