Guide on Sterling Bank House Loan – How Much You May Borrow
STERLING BANK HOUSE LOAN – Here are the minimum and maximum loanable amounts under this loan offer of the Sterling Bank of Asia.
In the Philippines, there are several banks that can help you achieve your dream house. It may be a vacant lot for your dream house, a house and lot, a condominium unit, or a townhouse.
Most banks also offer assistance for home renovation. It is done through home loan offers.
One of the banks with home loan offers is the Sterling Bank of Asia. It can assist you in the purchase of a residential property or funding a home renovation.
You might like to check on the qualifications set by the bank. To check if you are qualified, you may visit – Sterling Bank Home Loan – Who Are Qualified To Apply For this Loan Offer.
Under this loan offer, you may pay for the loan for up to 25 years should you wish light monthly amortizations. How about the loanable amounts under the Sterling Bank House Loan?
- Minimum Loanable Amount – Php 500,000.00
- Maximum Loanable Amount – up to 80% of the appraised value of the property
Payments can be done through post-dated checks or auto-debit arrangements. This loan offer is open for any of the following purposes in application:
- purchase of a vacant lot
- purchase of a house and lot
- purchase of townhouse
- purchase of a condo unit
- financing of a home renovation
To apply for this Sterling Bank loan offer, you may visit the branch of the bank nearest to you for the application letter and the requirements. The documents needed may vary depending on the applicant’s source of income.
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: Sterling Bank Personal Loan – Is Sterling Bank Account Required in Applying?
