Guide on EastWest Bank Home Loan 2024 Features & Application
EASTWEST BANK HOME LOAN 2024 is up to help you achieve your big dreams to have a house of your own the soonest time possible.
Are you one of the people who want to buy a house of your own soon? This big dream is one of the goals that is common among countless individuals. However, there are variations as to how and when one can have it.
In some cases, there are individuals who do not wait for years. They turn to loans so they can start living in their dream house while paying for it in monthly installments.
In the Philippines, one of the reputable banking entities that offer a loan that can finance the purchase of residential properties is the EastWest Bank. It is one of the trusted and most popular banks in the country.
The EastWest Bank Home Loan offer is open for several purposes. It can finance any of the following purposes:
- lot acquisition
- home acquisition
- condominium unit purchase
- reimbursement of residential property purchase made within one (1) year based on the transferred Transfer Certificate of Title (TCT) or the Condominium Certificate of Title (CCT)
- Home Equity or the use of the value of the residential property to obtain funds using the property as the loan collateral
- Top Up Loan or availing of the paid portion of the existing loan for any purpose
The EastWest Bank did not cite the loanable amounts under the offer as it is a case-to-case basis but guarantees the aspiring loan applicants with low interest rates. The interest rate can be as low as 9%.
The loan is payable for up to 30 years with a fixing period of 1, 2-3, or 4-5 years option. The loan is open for both employed and self-employed individuals but there are varying requirements for application.