Guide on EastWest House Construction Loan Details & Application Process
EASTWEST HOUSE CONSTRUCTION LOAN – Here is a guide on how to apply for this loan offer, the requirements, loanable amounts, interest, etc.
The EastWest Bank is one of the popular banking entities that you may turn to if you are looking for a loan offer that can finance a house construction. Are you up to building your dream house?
EastWest House Construction Loan:
This loan offer of EastWest Bank is under its Home Loan offer. It boasts its offer with flexible financing that you can stretch up to 30 years, fixed term rate options, and competitive interest rates. Do you want to check on the loanable amounts under this loan offer? Feel free to visit – EASTWEST BANK HOME LOAN – How Much You Can Borrow Under It.
Interest Rates under EastWest Loan for House Purchase:
| TERM | RATE |
|---|---|
| 1 year | 7.90% |
| 2-3 years | 8.03% |
| 4-5 years | 8.29% |
Requirements:
Documentary Requirements:
- duly-accomplished and signed EastWest Bank Home Loan Application Form
- two (2) valid government-issued IDs
- If employed:
- Latest Income Tax Return (ITR)
- Certificate of Employment w/ Compensation (COEC) indicating position and length of service
- If self-employed:
- Audited Financial Statements for the last 2 years
- Latest 6-month bank statements w/authorization to conduct bank verification
- Business Registration(SEC/DTI)
- Articles of incorporation and By-laws
- Updated Interim Financial Statement if most recent AFS is more than 6 months
- List of trade references(at least 3 suppliers and 3 customers with telephone numbers and contact persons)
To apply for this EastWest Bank loan offer, bring your documents with you to a branch of the bank nearest to your residence or office and submit them for evaluation. Wait for an update from the bank.
You may also visit – EASTWEST BANK LOANS: List of Loan Offers of EastWest Bank