Guide on UnionBank Home Loan Features & Application
UNIONBANK HOME LOAN 2025 – The helping hand towards achieving your dream of getting your dream house is within the reach now.
It is undeniably nice and it brings a whole lot of comfort to be living in a house that you can call your own. You have the liberty to set the household rules as well as get motivated everyday in making every corner based on how you want it to be. Are you excited to acquire your real estate property soon?
In the Philippines, owning a real estate property nowadays is no longer as “impossible” as it was before because of the presence of reputable banks that are ready to help you achieve your gigantic dreams. You don’t anymore have to wait until your old and has saved enough money until you can finally live in your own home.
One of the loan-providing entities that you may turn to if you want to be living in your own house the soonest time possible is the UnionBank. A joint consortium among the Aboitiz Group, Insular Life, and the Social Security System, this trusted banking entity is operating in the Philippines for several decades now since 1981.
Through the years, the UnionBank continuously expanded its offers which include varieties of bank accounts, loans, credit cards, investment products, and a lot more. The loan offers of the bank do not only include the UnionBank Auto Loan but as well as the UnionBank Home Loan offer.
Home Loan offer is ready to finance the purchase of a vacant residential lot, a house and lot, a townhouse, as well as a condominium unit. The loan offer is open not only for employed and self-employed individuals but as well as corporations.
In fact, even overseas Filipino workers may apply for this excellent UnionBank loan offer. Here is a guide on the loanable amounts under the offer:
- Minimum Loan Amount — ₱200,000
- Maximum Loan Amount:
- 60% of the Appraised Value of the Property;
- or up to 90% of the Total Contract Price of the bank’s Accredited Real Estate Developers.
With regards to the loan term, this UnionBank loan offer is payable for up to 25 years for House and Lot and properties that are under accredited developers with a buyback agreement. For the financing of condo unit purchases, the maximum loan term is 20 years.
According to the bank, the interest rate depends on the prevailing interest rate at the time of the loan application with fixed rate options from one (1) year up to 15 years. Are you interested to apply for this UnionBank loan offer? Here is a guide on the documents that you need to prepare and submit to the bank in applying for the loan:
Aside from the Auto and Home loans, the reputable banking entity also has the UnionBank Cash Loan offer.