Guide on How Much You Can Borrow Under Equicom Bank Home Loan
EQUICOM BANK HOME LOAN – Here is a guide on how much you can borrow under the house loan offer of Equicom Bank.
One of the best investments a person could have is a house. By having a house and lot, you have properties whose prices only go up and up as the years pass by. It is aside from the fact that living in a place you can call your own offers a lot of benefits.
You get to apply your own house rules, to do things to ensure more the safety of your family, to live comfortably without worries of being driven out of your place anytime. That is why a house is one of the best things to secure as soon as you land on a job.
Truths be told that getting a house and lot or any residential property requires a huge amount of money. Meanwhile, nowadays, there is nothing to really worry much about. Several banks including the Equicom Bank offers house loans to the public.
Equicom Bank has opened its offer for several purposes. You may apply for it to fund any of the following:
- purchase a property that is under construction
- construct a house
- renovate your home
How much you can borrow under the Equicom Bank Home Loan? According to the bank, you can borrow at least Php 300,000.00 subject to its approval. You may repay for the loan for up to twenty-five (25) years so the monthly amortizations won’t take a huge part of your income.
The payment for this loan offer can be done over-the-counter or through post-dated checks (PDC). Also, for further convenience, you can repay for the loan through automatic debit arrangement so you won’t have to miss a monthly due and be charged with late payment penalties.
Do you want to apply for this loan offer? You may visit the official website of the bank to get in touch with them – http://www.equicomsavings.com/products-and-services#loan-products.
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