Guide on the Minimum BPI Home Loan Downpayment
BPI HOME LOAN DOWNPAYMENT – Here is a guide on how much is the minimum amount that you must prepare in applying for the BPI Housing Loan.
Undeniably, a lot of people are settling for house renting as they believe they cannot afford the interest of the home loans. The said offers can be applied for to banks, government agencies, and lending companies.
However, applying for a loan in this case may be actually be a more practical move than renting. Regardless of the interest rate, at the end of the loan term, the property is yours. If you are renting, you can stay in a house for decades but the title won’t still be yours.
The interest rate is not something to be feared of. A lot of banks offer low rates including the Bank of the Philippine Islands. More commonly called as BPI, it has a housing loan offer.
The BPI Housing Loan is open for a lot of purposes – home acquisition, house construction, home renovation, and the payment of a property equity. Who are eligible to apply for this loan offer?
- Filipino / foreigner married to Filipino citizen / foreigner with issued immigrant or resident visa
Do you want to know how much you may borrow under this loan offer? You may visit – BPI HOME LOAN – Minimum & Maximum Loanable Amounts Under the BPI Home Loan.
With regards to the BPI Home Loan downpayment, according to the bank, it may be as low as 10%. The payment terms offered is up to twenty (20) years.
Are you interested to apply for this BPI loan offer? For a guide, feel free to visit – BPI HOUSING LOAN: How To Apply For Housing Loan Through BPI Online.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: BPI LOAN INTEREST RATES – List of Interest Rates Under BPI Loans
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