Guide on the Maximum Terms Under China Bank Savings Loan (Home Loan)
CHINA BANK SAVINGS LOAN – Here is a list of the maximum terms under the home loan offer of China Banks Savings (CBS).
Are you planning to get a residential property soon but is worried about the full payment? There are actually a lot of offers that you may consider. Several different banks are offering loans that can assist you in your purchase.
One of the banks with the said loan offer is the China Bank Savings. Also called as the CBS, it can assist you in any of the following purposes:
- buying a house and lot
- constructing a house
- purchasing a condominium unit
- buying a townhouse
- purchasing a residential lot
- renovating your home
- refinancing a loan
There are general requirements in applying for this CBS loan offer. The applicant must prepare the following:
- Duly filled-out Customer Information Sheet
- Two (2) Government issued IDs of borrower/s
- Marriage Contract, if married
- Proof of payment for the Appraisal fee
The CBS has not posted details about the loanable amounts under the home loan offer. Meanwhile, it has given some information regarding the loan terms. Here is a list of the maximum loan term under the said China Bank Savings loan:
- Purchase of…
- Vacant Residential Lot – 15 years
- House and Lot – 25 years
- Condominium Unit – 15 years
- Townhouse Unit – 25 years
- House Construction – 25 years
- Home Renovation – 25 years
- Home Loan Take-out – 25 years
Do you want to apply for the said loan offer? Feel free to visit the official website of China Bank Savings to begin your application.
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