LANDBANK HOME LOAN – Minimum & Maximum Loanable Amounts

Guide on the Minimum & Maximum Loanable Amounts Under the Landbank Home Loan

LANDBANK HOME LOAN – Here is a guide on the minimum and the maximum loanable amounts under this Landbank loan offer.

Nowadays, one of the best moves you can make most especially at a young age is to buy a house. It is an excellent investment which the value only increases as years pass.

Yes, buying a house requires a huge amount of money that is why not everyone, most especially those who have just started to work, can purchase a residential property. Meanwhile, there are a lot of options.

A lot of banks now including the Landbank of the Philippines, the primary government bank in the country, offer loans that can assist you in purchasing a house.

In fact, the Landbank Home Loan is not only open for house purchases but as well as for several other purposes. Here is a full list of the purposes accepted in applying for this loan offer:

• residential lot acquisition
• house and lot purchase
• condominium unit acquisition
• townhouse purchase
• house construction
• existing loan refinancing

To be eligible to apply for the said loan offer, the applicant must be:

• a Filipino citizen
• at least 21 years old but not more than 65 years old
• employed or self-employed with a stable source of income

Do you want to know how much you can borrow under the Landbank Home Loan offer? The bank has posted the minimum loanable amount. With regards to the maximum loanable amount, it has not given details but surely, all applications are under the bank’s approval.

• Minimum Loanable Amount – Php 500,000.00

Are you interested to apply for this Landbank loan offer? For a guide on what to prepare, you may visit – Landbank Home Loan – List of Requirements in Applying for It.

READ ALSO: LANDBANK LOAN OFFERS – List of Loans Offered by Land Bank of the Philippines