Guide on BPI Step Up Housing Loan Online Application
BPI STEP UP HOUSING LOAN – Here is a guide on how to apply under the “Step Up PayPlan” loan offer of the Bank of the Philippine Islands (BPI).
Are you planning to apply for a housing loan soon but you are hesitant that the monthly amortization may be too high for you now? The offer of the Bank of the Philippine Islands (BPI) is perfect for you.
Currently, BPI has a “Step Up PayPlan” loan offer that is open for those who wanted to purchase a house and lot or a car. It aims to assist borrowers in adjusting to their monthly repayment.
Under the “Step Up PayPlan” loan offer, the borrower will pay the lowest monthly amortization possible for the first year. In that way, you can adjust your finances and start preparing for the next year.
According to BPI, under this loan offer, the monthly installment will increase by only five (5) to ten (10) percent annually. You really have the time to adjust your money and make preparations.
Do you want to know how much you can borrow under it for the housing loan? You may visit – BPI Step Up Housing Loan – How Much You Can Borrow Under It.
The said loan offer is open for individual applicants only. It can help you for the purpose of home acquisition and the minimum loan term under it is ten (10) years.
With regard to the interest rate, you can have it locked-in for three (3) years, five (5) years, or ten (10) years. Do you want to apply for the BPI Step Up Housing Loan offer? You may do it online. Feel free to visit – https://cal.bpihousingloans.com/lav3/forms/index.
Thank you for visiting our website. We hope we have helped you with regard to this matter. You may keep coming back for more informative guides.
READ ALSO: BPI AUTO LOANS – Differences Between Regular Auto Loan & Step Up Pay Plan
