Guide in Applying for PNB Housing Loan Offer – Qualifications and Requirements
PNB HOUSING LOAN – The Philippine National Bank offers a housing loan offer and here are the qualifications and requirements in applying.
The Philippine National Bank (PNB), a government bank in the country, is one of the entities that you can turn to for multiple loan offers. You can apply for a loan for the acquisition of a residential property or a vehicle – which are undeniably huge purchases many people would prefer to have under a loan.
With regards to the PNB Housing Loan of the government bank, it is open for several purposes. You may apply for this loan offer to finance any of the following:
- purchase of a residential lot
- acquisition of house and lot, townhouse, or condominium unit
- home loan refinancing
Do you want to know how much you may borrow under this loan offer? You may visit – PNB Housing Loan: Minimum & Maximum Loanable Amounts under the Offer.
Who are qualified to apply for this loan offer? To be eligible, applicant-borrower must be:
- a Filipino citizen
- at least 21 years old upon the loan application but not more than 65 years old upon the loan maturity
- employed or self-employed
There are documents that you need to prepare and submit in applying for his PNB loan offer. For the list of the documentary requirements, feel free to visit – PNB Loan Requirements for House Acquisition: List of What You Need to Prepare.
With regards to the loan terms, you can repay the bank for up to ten (10) years for lot purchases and home improvements. You can extend the loan term up to 25 years for the acquisition of house and lot, condo unit, townhouse, or home construction.
To apply, simply visit a branch of the Philippine National Bank (PNB) nearest to you and submit your documents for application. You may also visit – PNB National Bank Home Loan Interest Rate under the Offer – Here’s A Guide.
My age 66 year old I OFW can I apply house load.