Home Loan

You can choose either of the following repayment schemes: Automatic debit of Account Post dated checks

MRI and Fire insurance premium should be paid annually until loan is fully paid.

Fee amount will depend on your loan amount, term, age, and other factors.

MRI coverage should be equal to loan amount. However, the amount of coverage decreases yearly based on a schedule of pre-determined/pre-computed decreasing balance of the loan.

MRI (mortgage redemption insurance – a coverage which pays for the mortgage in case of untimely death before full payment of loan Fire/Lightning/Earthquake/Flood Insurance – covers for expenses [...]

2% of the total outstanding balance

3% of monthly amortization or of short payment

Fees Amount 1.     Service Fee Php 4,500.00 2.     Documentary Stamps Php 1.50 of every Php200 of the amount of loan 3.     Notarial Fees Charge per document 4.     REM registration fees Variable [...]

Appraisal fee is P3,500.00, however is the property is referred by a developer, the appraisal fee is waived.

The credit result may be available within 2 weeks or less after verification and submission of the complete set of requirements for loan application.