Guide on the Security Bank Home Loan 2025 Features & Application
SECURITY BANK HOME LOAN 2025 – Here is a guide on the excellent features that wrap this loan offer of the Security Bank.
Are you excited to start the journey to the house of your dreams? Living in a house that you can call your own can be one of the most wonderful feeling and there are entities that are ready to help you achieve that dream even if it may appear gigantic.
In the Philippines, one of the entities that may help you in achieving your dream house is Security Bank. It is one of the most trusted banks in the country with countless clients that are satisfied with their services and a wide range of finance products.
The Security Bank Home Loan offer is open to finance several purposes related to real estate properties. You may apply for the loan for the financing of any of the following:
- purchase of a real-estate property
- house construction
- home renovation
- equity
- solar mortgage
- refinancing of an existing home loan
The Security loan offer is open not just for locally-employed and self-employed individuals but as well as overseas Filipino workers (OFWs) and corporates. Here are the loanable amounts under the offer:
- Minimum Loanable Amount — Php 1,000,000.00
- Maximum Loanable Amount — up to 90% of the appraised value of the property
The loan is payable for up to 25 years. With regards to the interest rate implemented by the bank, there are three (3) options for the fixing rate but the rates may vary depending on the purpose of the loan application. Here’s a guide:
| 1 Year | 3 Years | 5 Years | |
|---|---|---|---|
| Regular Home Loan | 6.99% | 7.25% | 7.75% |
| Home Equity Loan | 6.99% | 7.25% | 7.75% |
| Solar Mortgage | 6.75% | 7.00% | 7.50% |
According to the bank, the loan application may be approved in as fast as five (5) banking days since the requirements were submitted. Here is a guide on the documents that you need to prepare based on your source of income: