How To Apply for Landbank Housing Loan & the Requirements to Prepare
APPLY FOR LANDBANK HOUSING LOAN – Here is a guide on the application process for Landbank Home Loan including the requirements.
Are you planning to get a residential property of your own soon? It is really different to be living under your own roof. It might be a house and lot, an apartment, or a condominium unit. Some people also purchase a vacant lot where they can build their dream house.
However, while many people want to achieve their target residential property the soonest time possible, there is a problem that is common among a lot of individuals – having insufficient funds. Purchasing a house and lot in cash requires a huge amount of money and not everyone is financially ready for a one-time big purchase.
Meanwhile, you’ve got loans to turn to. Banks, lending companies, and other financing firms in the Philippines have a lot to offer.
The government bank Land Bank of the Philippines is one of those entities with housing loan offers. Its home loan offer covers several purposes:
- acquisition of a vacant lot
- purchase of a house and lot
- purchase of a condominium unit
- acquisition of other residential units
- financing a house construction
- financing a home renovation
- refinancing an existing home loan
Do you want to know how much you may borrow under this loan offer? Feel free to visit – Landbank Housing Loan Loanable Amount – Here’s How Much You May Borrow.
How To Apply for Landbank Housing Loan
Step 1 – Check if you are qualified to apply for this loan offer. You may visit – Landbank Housing Loan: Who Are Qualified To Apply For It?.
Step 2 – Prepare the documents that you need to submit in applying for the said loan offer. Feel free to visit – LIST: Requirements for Landbank Housing Loan Application.
Step 3 – Submit your duly-accomplished loan application form and the other documents to the branch of Landbank nearest to you. Wait for an update from the bank regarding your loan application status.
