Guide on How To Apply for Maybank Home Loan & the Requirements Needed
MAYBANK HOME LOAN – Here is a guide on how to apply for the said loan offer of Maybank Philippines and the requirements that you need to prepare.
Are you ready to live in a house you can call your own? A residential property is one of the best possessions you can ever have. It offers assurance and safety for you and your loved ones.
Aside from the fact that living under the roof you can call your own offers convenience, comfort, and ownership, a house and lot is an excellent investment. Through time, the price of the said property only goes higher and higher.
Even if you don’t have millions in your account now, you can start pursuing your goal of buying your own house. Several banks may offer you some financial assistance like Maybank Philippines.
The Maybank Home Loan is open for a lot of purposes. You may apply for it to fund any of the following:
- purchase of a house and lot, a condominium unit, or a townhouse
- home construction
- payment of a home equity
- refinancing of an existing home loan
Do you want to apply for Maybank Home Loan? Here is a general guide on how to apply for the said loan offer including the reference to the list of requirements that you must prepare:
Step 1 – Check for your eligibility for the loan. To be eligible, the applicant must be:
- not older than 65 years old upon the loan maturity
- employed for at least two (2) years already to a reputable company; or
- self-employed and running a business that is operational for at least three (3) years now and profitable for at least two (2) years already
If you are a foreigner, proofs of residency and employment in the Philippines are needed. For overseas Filipino workers, the nature of work should be under Professional and Technical Jobs and the contract must not fall below two (2) years.
Step 2 – Prepare the requirements. The list of documents that you must gather and submit to the bank depends on the purpose of applying for the loan. You may visit – https://www.maybank.com.ph/en/personal/loans/maxihome-loan.page.
Step 3 – Submit the requirements to Maybank. Let the bank staff evaluate the completeness of your documents. It will be evaluated for the result of the application.
Step 4 – Wait for the notice from the bank. After the evaluation is done and there’s a result, the bank may notify you if your home loan application was approved or not.
You may know your possible monthly amortization even before applying for the loan. You may visit – MAYBANK HOME LOAN – How Much Will Be Your Monthly Amortization.
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.
READ ALSO: MAYBANK LOANS – Full List of Maybank Loan Offers You May Apply For
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