Guide on RCBC Home Loan Downpayment Depending on Selling Price of Property
RCBC HOME LOAN – Here is a guide on the downpayment under this Rizal Commercial Banking Corporation (RCBC) loan offer based on the property’s selling price.
Two (2) of the biggest and most worthy purchases you can ever make is buying a car and a house. Undeniably, between these two (2) possessions, many would surely agree that a house is necessary to come first most especially for a family.
Are you one of those who are planning to buy a house or any residential property? Many cannot pushed through with their plans because they are not financially prepared to do it in cash. Actually, there are options.
You may apply for a loan offer like what the RCBC offers to those who want to buy a residential property. You may apply for a loan to buy a vacant lot, purchase a house and lot, or refinance the property you just bought.
If you are planning to buy a house under the RCBC Home Loan but are worried about the downpayment, you can get an idea of how much it may be before the application.
The downpayment under the RCBC Home Loan will depend on several factors including the selling price of the property, the fixing option, and the loan term. At least 20% is required.
Before that, you might like to know the loanable amounts which depends on your purpose. You may visit – RCBC HOME LOANS – How Much You Can Borrow Based On Purpose.
Back to the downpayment in applying for a loan to buy a house, the RCBC has provided an online calculator. You may visit – www.rcbc.com.
There are documents that you must prepare in applying. You may visit this page – RCBC Home Loan Requirements: What You Need To Prepare In Applying.
Thank you for visiting our website. We hope we have helped you with regards to your application for a housing loan to RCBC. You may keep coming back for more informative guides.
READ ALSO: RCBC LOANS: List of RCBC Loan Offers & the Requirements in Applying