Guide on RCBC Home Loan Coverage (List of Properties for Sale)
RCBC HOME LOAN – Here is a guide on the residential properties that you may purchase through a loan to Rizal Commercial Banking Corporation (RCBC).
One of the best things you can ever do not only for yourself but as well as for your family is to purchase your own residential property. It may be a house and lot, a condominium unit, a townhouse, or simply a vacant lot where you can build your dream house.
However, truths be told that buying a residential property requires a huge amount of money. Many people have yet to buy their own house because of the amount a one-time full-payment will require.
Meanwhile, there are options that you can turn to like bank loans. One of the banks that offer home loans is Rizal Commercial Banking Corporation or RCBC.
Eligibility Requirements in Applying for Loan:
If employed:
- Filipino Citizen or Dual Citizen
- If foreigner, must be married to a Filipino citizen
- At least 21 years old upon loan application
- At most 65 years old upon loan maturity
- Must have a mobile number and a residence or office landline
- With a minimum employment tenure of 1 year and minimum gross monthly income of Php40,000
- If OFW, must have worked abroad for at least 2 consecutive years
If self-employed:
- Filipino Citizen or Dual Citizen
- If foreigner, must be married to a Filipino citizen
- At least 21 years old upon loan application
- At most 70 years old upon loan maturity
- Must have a mobile number and a residence or office landline
- Business must be in profitable operations for the past 2 years
Do you want to know the loanable amounts under this loan offer? Feel free to visit – RCBC Home Loan – Minimum & Maximum Loanable Amounts for Buying House.
The said loan offer is open for both brand new and pre-owned residential properties. For the pre-owned properties you may purchase directly through RCBC Home Loan, you may visit – www.rcbc.com.
There is an online application for this loan offer. Feel free to visit – RCBC Home Loan Online Application – Guide On How To Apply Online.
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 LOANS: List of RCBC Loan Offers & the Requirements in Applying
