Guide on Right Choice Housing Loan Loanable Amounts
RIGHT CHOICE HOUSING LOAN – Here is a guide on how much you may borrow under the home loan offer of the Right Choice Finance.
One of the best investments you can ever make is getting a residential property. Truth be told that the value of lot only goes higher as the year passes by but, much more than that, it is investing in a place that you and your family can call your own. The comfort, security, and the sense of ownership are there and they are different.
However, there is one common thing that usually stops or delays a person’s dream of getting his or her own house. Whether the target residential property is a house and lot, an apartment, a condominium unit, or a townhouse, it requires a huge amount of money. Even a vacant residential lot also requires a huge amount most especially if the lot area is wide.
Meanwhile, there are entities that you can turn to should you wish to make the residential property purchase on an installment basis. Among these entities are lending companies.
The Right Choice Finance is one of the lending companies that you can turn to for a home loan offer. The Right Choice Housing Loan offer has minimal eligibility and documentary requirements for application and low interest rate. It also offers a high loanable amount.
How much you may borrow under the Right Choice Housing Loan? According to the lending company, you can borrow up to 70% of the property’s appraised value. For example, if the appraised value of the property is Php 1.3 million, you can borrow up to Php 910,000.00.
Who are qualified to apply for the said loan offer? To check on the qualifications set by the lending company, you may visit – Right Choice Home Loan: Who Are Qualified To Apply For Housing Loan.
For the documentary requirements that you need to submit to Right Choice Finance in applying for the loan offer, feel free to visit – Requirements for Right Choice Home Loan: What You Need To Prepare.
You may also visit – Apply for Right Choice Car Loan: Step-by-Step Guide & Requirements