Guide on Whether Guarantor Is Required in Applying for Landbank Home Loan or Not
LANDBANK HOME LOAN – Here is a guide on whether a guarantor is needed in applying for the said loan offer or not.
Nowadays, a house purchase or building your own house may require a huge amount of money but it is wiser compared to paying for monthly rent. No matter how long you stay in a house and pay for the rent unless it is under a rent-to-own scheme, the property will never be yours.
If you have your own house and lot, its value will keep on increasing as years pass. Truths be told that not everyone can buy or build a house in an instant. It will need a huge amount of funds. Meanwhile, there are a lot of options.
Let us take for example the Landbank Home Loan. It is one of the many options that can help you in achieving your dream house.
The said Landbank loan offer is open not only for a residential property purchase. It may also assist you in house construction if you already have a lot.
With regards to the loanable amount under this offer, you may borrow based on your desired monthly due. The amount is subject to the approval of the bank but you may visit – Landbank Loan – How Much You Can Borrow Based on Desired Monthly Due.
In applying for Landbank Home Loan, there is no need for a guarantor. Also, a guarantor is not needed in applying for the said loan offer. The following are the eligibility qualifications:
- Filipino citizen
- 21 years old
- employed or self-employed
There are requirements to prepare in applying for the said Landbank loan offer. Feel free to visit – Landbank Home Loan – List of Requirements in Applying for It.
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.
If my property is in Manila say in Taguig City but i am working here in Bicol. My interest in applying loan is that i want to renovate my place and convert it apartment type for rent. In what or where LB branch could i apply for loan. Ty