Brief Description

A housing loan that is directly linked to a regular CASA, secured by a real estate property and has the benefit of a rebate capped at 40% of the loan balance.

Features

Facility:

• Term Loan

Purpose:

• Purchase of:
  • House & Lot
  • Condominium Unit
  • Townhouse
  • Lot Only (for future construction of primary home)
  • Lot with house construction
• House Construction
• Refinancing
• Refinancing of lot (for future construction of primary home)
• House Renovation / Home Improvement
• Personal Investment (purchase of another asset)
• Personal Consumption (travel, medical expenses, etc.)
• Working Capital
• Business Investment / Expansion
• Others

Loan Amount:

• Minimum of PhP500,000 but not exceeding PhP25,000,000

Processing Time:

• 7 banking days

Term:

• Up to 20 years

Interest Rate:

• Prevailing Home Loan rate at time of availment

Interest Rate Fixing:

• 1, 2, or 3 years fixing term

Repayment Plan:

• Principal and interest payable in equal monthly amortizations until fully liquidated

Eligibility Criteria

Salaried Individuals, Professionals or Self-Employed who:

• are between 21 and 65 years old upon loan maturity
• are earning a minimum gross monthly family income of PhP50,000.
• are Filipino citizens
• must have an office and residence landline or mobile number
• must have the following employment / business status and/or tenure:
  • for salaried individuals - permanent in status and with more than or equal to one (1) year tenure with present employer or three (3) years combined work experience including the most recent employer
  • for professionals - with more than or equal to three (3) years of practice in profession
  • for self-employed - with more than or equal to three (3) years in business operations

Qualifications apply to both housing loan borrower and spouse/co-borrower

Requirements