Guide on PSBank Home Loan Application Processing Based on Property
PSBANK HOME LOAN APPLICATION – Here is a guide on how long will the processing of a loan application to Philippine Savings Bank (PSBank) take.
If you are into investments through the things you can use, one of the best purchases you can make is buying a residential property. Which do you prefer, a house and lot, a condominium unit, or a townhouse?
You may also choose to just buy a residential lot and construct your own “dream house”. This is what most people who wants to customize their house based on everything they really want do.
If you are not yet financially ready to pay for a residential property in full, you may apply for a loan. There are several banks in the Philippines with home loan offers.
The Philippine Savings Bank or more commonly called as PSBank is one of those with home loan offers. It is open to assist a purchase of a vacant lot, a house and lot, a townhouse, or a condominium unit.
Do you want to check on the loanable amounts under this loan offer? Feel free to visit – PSBank Home Loan Loanable Amounts For House & Lot Purchase.
The maximum loan term will depend on your target residential property. If you applied for a loan for the purpose of purchasing a residential lot, the maximum loan term is 10 years. If your loan purpose is for the purchase of a house and lot, a duplex, a condominium unit, or a townhouse, the maximum loan term is 25 years old.
With regards to the processing time of the PSBank Home Loan application, it will depend on whether or not your target property is from accredited developers.
The PSBank Home Loan application processing for brand new condominium units and properties from accredit developers is only one (1) day. For condominium units and properties from on-accredit developers, it is up to five (5) days.
Do you want to apply for the said loan offer? You may visit – Apply PSBank Home Loan for House & Lot Purchase (Application Guide).
Thank you for visiting our website. We hope we have helped you with regards to this PSBank offer. You may keep coming back for more informative guides.
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