Guide on How To Apply for the Security Bank Home Loan Offer
SECURITY BANK HOME LOAN – Here is a guide on how to apply for the house loan offer of Security Bank Philippines including the requirements needed.
Buying your own house and lot, condominium, townhouse, or other residential property is possible now even if you can’t pay for it in full yet. You can move in to your new house while paying for it in installment to the bank like the Security Bank Philippines.
Security Bank has a lot of loan offers for the public. One of it seeks to provide a cash assistance not only for house acquisition but as well as for the following:
- house building / construction
- home renovation
- refinancing of an existing home loan
Applying for the Security Bank Home Loan is simple. There are only a few requirements that you must prepare as long as you pass the eligibility qualifications.
Based on the official website of the bank, the Security Bank Home Loan is open for both employed and self-employed individuals. Here is a guide on how to apply for the said offer including the requirements:
Step 1 – Check the eligibility qualifications.
Security Bank has set some qualifications covering the age and income of the borrower. The applicant must be:
- at least 21 years old but not more than 65 years old upon the maturity of the loan
- earning at least Php 50,000.00 per month and continuously employed for two(2) years (For employed applicants)
- operating a legitimate business for the last three(3) years (For self-employed applicants)
Step 2 – Gather the requirements.
Once you pass the eligibility qualifications, you may start gathering the requirements. Here is a list of what you must prepare:
Step 3 – Submit the requirements to the bank.
Submit the requirements and have it checked by the Security Bank officer for completeness and accuracy. Wait for the update from the bank regarding the status of your loan application. It may take a few days.
Do you want to know how much you can borrow under the said loan? You may visit – SECURITY BANK HOME LOAN – How Much You Can Borrow Under This Offer.
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: SECURITY BANK LOAN OFFERS – Updated List of Security Bank Loans
