Guide on the Minimum & Maximum Loanable Amounts Under RCBC Home Loan
RCBC HOME LOAN – Here is a guide on the minimum and the maximum loanable amounts for the purpose of buying a house.
One of the best decisions you can ever make while you are still young is to buy your own house. Whatever your age is, young or old, it is one of the best investments you can ever make.
A house of your own will help you secure that your family is safe and living in a comfortable environment. Also, the value of the residential properties only increase as years pass.
Not everyone was able to buy a house at a young age. It is because it is one of the purchases that require a huge amount of money. However, there are actually options even if you cannot pay for a house acquisition in full yet.
You may apply for bank loans. One of the offers you may consider is the RCBC Home Loan offer Rizal Commercial Banking Corporation.
Who are eligible to apply for the said RCBC loan offer?
To be eligible, the applicant must be:
- a Filipino citizen or dual-Filipino citizen / foreigner married to a Filipino
- at least 21 years old upon the loan application but not more than 70 years old upon the loan maturity
- permanently employed for at least a year or self-employed and running a profitable business for at least two (2) years
How much are the minimum and the maximum loanable amounts under the RCBC Home Loan?
- Minimum Loanable Amount – Php 1,000,000.00
- Maximum Loanable Amount – Up to 80% of the appraised value of the property
You may apply for the said RCBC loan offer online. For a guide, you may visit – APPLY RCBC HOME LOAN – Online Application Form For Home Loan Offers.
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: RCBC Salary Loan – How Much You Can Borrow Under It?