Guide on How Much You Can Borrow Under the EastWest Bank Home Loan
EASTWEST BANK HOME LOAN – Here is a guide on how much you can borrow under the home loan offer of EastWest Bank.
All of us dream of having our own house. Aside from it will secure our family, a residential property is an investment with a price that only gets higher and higher by time. It is not like the gadgets we buy or the appliances and furniture.
However, that may not be easily achieved – if you are not willing to consider options. There are actually a lot of ways on how you can get your target house, condominium unit, or townhouse and pay for it in installment basis.
A lot of banks now including the EastWest Bank got loan offers that can assist in purchasing a residential property. In this article, we will present details regarding the offer of EastWest Bank.
The said EastWest Bank Loan is open for several purposes not only for house acquisition. You may apply for a cash assistance under it intended for any of the following:
- lot, house, condominium unit, townhouse acquisition
- home construction
- home equity
- top-up loan
- reimbursement of house purchase
According to EastWest Bank, under this loan offer, the amount borrowed may be paid for up to thirty(30) years thus you can really have a light monthly amortization. Competitive rates are also implemented by the bank.
With regards to how much you can borrow under the EastWest Bank Home Loan, iMoney noted that it can be up to 80% of the appraised value of the property. Here are the minimum and maximum loanable amounts under the offer:
- Minimum Loanable Amount – Php 500,000.00
- Maximum Loanable Amount – Php 10,000,000.00
Do you want to apply for the said Home Loan offer? You may visit – EASTWEST BANK HOME LOAN – How To Apply & Requirements To Prepare.
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: EASTWEST BANK LOANS: List of Loan Offers of EastWest Bank
