Guide on the Minimum & the Maximum Loanable Amounts Under the BPI Home Loan
BPI HOME LOAN – Here is a guide on the minimum and the maximum loanable amounts under the home loan offer of the Bank of the Philippine Islands.
One of the best moves you can take wherever you are in life now is to get your own house. Whether you are single, married, at your 20s, 30s, 40s, or really wherever you are, it is best to go home to a house you can call your own.
Undeniably, a lot of people reached their 40s without having a house they can call their own as it really looks like a big purchase that is not for everyone. Buying a house is really a big purchase – but it can still be for you even if your income is on the average only.
You may go and apply for home loan offers like the BPI Home Loan to get your dream house. It is one of the best offers of the Bank of the Philippine Islands.
Who are eligible to apply for this BPI loan offer?
To be eligible to apply for it, the applicant must be:
- a Filipino / a foreigner married to a Filipino citizen / a foreigner with an issued immigrant visa or resident visa
- earning a total household income of at least Php 40,000.00 monthly
Do you want to know the minimum and the maximum loanable amounts under the BPI Home Loan?
- Minimum Loanable Amount – Php 400,000.00
- Maximum Loanable Amount
- Up to 70% of the appraised value of house and lot
- Up to 60% of the appraised value of vacant lot or residential condominium unit
Are you planning to apply for the said BPI loan offer? You can do it online. For a guide on how to do it, you may 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 LOANS – List of Loan Offers by Bank of the Philippine Islands (BPI)
How to apply