List of BPI Home Construction Loan Application Qualifications
BPI HOME CONSTRUCTION LOAN – Here is a guide on who are qualified to apply for the house construction offer of the Bank of the Philippine Islands (BPI).
When it comes to housing loan offers, there are several banks and lending companies with the best offers. One of these entities is the Bank of the Philippine Islands (BPI) or more commonly called BPI.
BPI is one of the biggest and the most trusted banks in the Philippines. It has several branches and automated teller machines (ATMs) across the nation thus its services are really accessible.
BPI’s offers include savings and deposit accounts, loans, credit cards, insurance policies, and investment products. One of its loan offers is the housing loan which includes the BPI Home Construction Loan offer.
Some individuals are not into applying for a housing loan for a residential property acquisition. Others are into getting a lot where they can build their dream home.
Whether it is for buying a vacant residential lot or financing a house construction or both, the BPI Home Construction Loan offer is an excellent offer that you can turn to. It offers up to a 20-year repayment of the borrowed amount.
Who are qualified to apply for the BPI Home Construction Loan? To be eligible to apply for the offer, the applicant-borrower must be:
- at least 21 years old upon the loan application but not more than 65 years old upon the loan maturity
- earning a minimum household income of P40,000
Do you want to know how much you may borrow under this home loan offer? Feel free to visit – BPI House Construction Loan: Minimum & Maximum Loanable Amounts.
To apply for the said loan offer, you may visit the branch of BPI nearest to you for the list of requirements based on your source of income. You might also love to check the other loan offers of the bank. You may visit – BPI LOANS: List of Loan Offers by Bank of the Philippine Islands (BPI).