PNB Home Loan Loanable Amounts: Here’s the Minimum & Maximum Amounts You May Borrow

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Guide on PNB Home Loan Loanable Amounts – How Much You May Borrow?

PNB HOME LOAN LOANABLE AMOUNTS – Here are the minimum and maximum amounts you may borrow from the Philippine National Bank (PNB).

The Philippine National Bank (PNB) is one of the banks with home loan offers for both employed and self-employed individuals. The offer is open for several purposes such as financing the following purposes:

  • acquisition of lot, house and lot, townhouse, condominium unit
  • house construction
  • home renovation
  • refinancing or loan take-out
PNB Home Loan Loanable Amounts
Photo Credit: Biliran Islands

Minimum and Maximum Loanable Amounts based on Loan Application Purpose:

  • If purchasing a lot…
    • MINIMUM LOANABLE AMOUNT – the minimum loanable amount is P500,000.00 whether the property is located within or outside Metro Manila
    • MAXIMUM LOANABLE AMOUNT – you can borrow up to 70% of the appraised value of the lot property
  • If purchasing a house and lot…
    • MINIMUM LOANABLE AMOUNT – the minimum amount that you can borrow is P750,000 if the property is located within Metro Manila and P500,000 if it is located outside Metro Manila
    • MAXIMUM LOANABLE AMOUNT – you can borrow up to 80% of the appraised value of the house and lot to be bought under the loan
  • If purchasing a townhouse…
    • MINIMUM LOANABLE AMOUNT – if the property is located within Metro Manila, you can borrow at least P750,000 but if it is located outside Metro Manila, the minimum loanable amount is P500,000
    • MAXIMUM LOANABLE AMOUNT – the maximum loanable amount under the loan if you are buying a townhouse is equivalent to 80% of the appraised value of the property
  • If purchasing a condominium unit…
    • MINIMUM LOANABLE AMOUNT – if the condo unit is located outside Metro Manila, the minimum loanable amount is P500,000 and if it is located within Metro Manila, you can borrow at least P750,000 for the condo purchase
    • MAXIMUM LOANABLE AMOUNT – the maximum loanable amount under the loan offer for the purpose of condo unit purchase is equivalent to 80% of the appraised value of the property

Do you want to apply for the said PNB loan offer? You need to prepare some documents for the application process. You may visit – Requirements for PNB Home Loan: List of Documents You Must Submit to the Bank in Applying.

Go to a branch of PNB nearest to you or where you want to make the application and submit your documents. Wait for an update from the bank regarding the status of your loan application.

You may also visit – PNB LOAN: Full List of PNB Loans You May Apply For

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