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Landbank Home Loan: How Much You May Borrow Under It

Guide on Landbank Home Loan Loanable Amounts

LANDBANK HOME LOAN – Here is a guide on how much you may borrow under this loan offer of the Land Bank of the Philippines.

When it comes to worthwhile purchases, one of the biggest that you can make is to buy a residential property for you and your family. What do you want to have – a bungalow house and lot, a townhouse, an apartment, or a condominium unit? You might also be planning to buy a residential lot where you and your family can build your dream house.

However, regardless of the type of house, the common reason that many people were yet to acquire a residential property is that it requires a huge amount of money. Meanwhile, there are options that you may turn to – you may apply for a loan.

One of the banks in the country that offers home loans is the Land Bank of the Philippines. It is a state-run bank.

Landbank Home Loan
Photo: Business World Online

The Landbank Home Loan offer is open for several purposes. You may apply for it for:

  • The purchase of…
    • a house and lot
    • a residential lot
    • a townhouse
    • a condominium unit
    • other residential units
  • construction of a residential building on a lot owned by the borrower
  • refinancing of existing housing loan with other banks or financing firms or developers’ in-house financing-provided account is in “current status”

How much you may borrow under the GSIS Home Loan offer? According to the government bank, you may borrow at least P500,000.00. To check if you are qualified to apply for it, you may visit – Landbank Easy Home Loan: Who Are Qualified to Apply For It.

There are documents that you need to prepare and submit in applying for this Landbank loan offer. You may visit – Requirements for Landbank Home Loan: What You Need to Prepare.

You may also visit – LANDBANK LOANS: List of Personal Loans Offered By Landbank

{ 2 comments… add one }
  • Helenita Tan December 6, 2021, 5:04 pm

    wish to apply for house and lot purchase in Caloocan

  • Prima P.Rosillo December 6, 2021, 6:42 pm

    If 500,000.00 loan amount how much is the monthly payment,please responce thanks

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