Guide on Robinsons Bank Home Loan for the Purpose of House Acquisition
ROBINSONS BANK HOME LOAN FOR HOUSE ACQUISITION – Here is a guide on the qualifications and requirements in applying for this loan offer.
When it comes to housing loans, one of the banks that you may turn to is Robinsons Bank. Its loan offer serves several purposes such as the financing of the following:
- acquisition of residential lot and property
- house construction
- home renovation
- refinancing or home loan take-out
- home equity loan
Robinsons Bank Home Loan for House Acquisition
The housing loan offer of Robinsons Bank is open to finance the acquisition of a vacant residential lot, house and lot, condominium unit, and townhouse. It is open not only for properties of accredited developers but as well as non-accredited developers. To qualify for the offer, the applicant must be:
- at least 21 years old upon the loan application
- not more than 65 years old upon the loan maturity
- a Filipino or a foreigner with appropriate Alien Certificate of Registration
Loanable Amounts and Interest Rates
Under this loan offer, you can repay the amount you borrowed from 12 months up to 20 years for locally employed borrowers and 15 years for self-employed borrowers and OFWs. Do you want to know how much you may borrow? Feel free to visit – .
| Tenor | Rate |
| 1 year | 7.00% |
| 2 to 3 years | 7.75% |
| 4 to 5 years | 8.50% |
| 10 years | 9.75% |
| 15 years | 10.25% |
Requirements in Opening this Robinsons Savings Account Offer
If you are employed, prepare the following documents:
- duly-accomplished and signed Robinsons Bank Housing Loan Application Form
- at least one (1) government issued ID
- marriage contract if applicable
- latest copy of Certificate of Employment indicating salary, position, and length of employment
- latest payslips
If you are self-employed, prepare the following documents:
- duly-accomplished and signed Robinsons Bank Housing Loan Application Form
- at least one (1) government issued ID
- marriage contract if applicable
- ITR for the last three (3) years
- Audited Financial Statements for the past three (3) years
- Business Registration Documents (DTI, Mayor’s permit, etc)
- PRC ID (For Professionals)
If you are an overseas Filipino worker (OFW), prepare the following documents:
- duly-accomplished and signed Robinsons Bank Housing Loan Application Form
- at least one (1) government issued ID
- marriage contract if applicable
- latest employment contract of employment
- latest Working Visa
- latest Payslips or remittance slips
- Special Power of Attorney (Bank Format)
- Consularized copy may be required if issued abroad
Robinsons Bank also has several loan offers apart from its savings account offers. You may visit – ROBINSONS BANK LOANS – Full List of Robinsons Bank Personal Loan Offers.