Guide on How Much You Must Prepare for the Downpayment Under UnionBank Home Loan
UNIONBANK HOME LOAN – Here is a guide on how much you must prepare for the downpayment under the house loan offer of UnionBank.
One of the banks in the Philippines with excellent loan offers is UnionBank. It can help you make big things happen like buying a house or a car.
Are you planning to purchase your own house soon? Undeniably, living in a house you can call your own is really different. You can design it the way you want and implement household rules of your choice.
With regards to UnionBank Home Loan, it is open for the purchase of a vacant lot, a house and lot, and a condominium unit. You may also apply for it to fund a house construction, home renovation, or the refinancing of a house loan.
Applying for the said UnionBank loan offer is easy. You just have to pass the eligibility qualifications first and submit the requirements. To be eligible, the applicant must be:
- at least twenty (20) years old
- a Filipino citizen or a former Filipino citizen eligible under Batasang Pambansa 185
- employed or self-employed
- employed with a permanent status; or
- self-employed and running a business for at least two (2) years now
You might want to know much you can borrow under this loan offer. You may visit – UNIONBANK HOME LOAN – Updated Minimum & Maximum Loanable Amounts.
Like in other home loans, you must prepare some cash for the UnionBank Home Loan downpayment. How much you will be needing? According to iMoney PH, at least 10% of the selling price of the property must be prepared.
Do you want to apply for this UnionBank loan offer? You may visit – UnionBank Loan – How To Apply & Requirements To Prepare.
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: UNIONBANK LOANS – Full List of the Loan Offers of UnionBank