Why choose BDO Home Loan

WHY CHOOSE BDO HOME LOAN

(✓) AFFORDABLE CASH OUT

Spread payments of your loan-related fees with All-in Financing and Built-in Insurance.

• All-in Financing
  Loan-related fees can be financed and paid up to the term of your Home Loan.

• Built-in Insurance
  Insurance Premium for 1 year coverage can be paid in 12 equal monthly installments without interest.

(✓) LIGHT PAYMENT OPTIONS

Manage your BDO Home Loan with ease. Choose the payment option that suits you best.

• 60-day Grace Period
  First payment to start 60 days after loan release, subject to applicable interest.

• Interest Only for the first 6 months
  Principal and interest payments to start right after.

(✓) FLEXIBLE LOAN TERMS

Borrow up to 80% of the appraised property value. Enjoy low rates and terms of up to 20 years.

Application requirements

CHECK YOUR QUALIFICATIONS

• At least 21 years old but not exceeding 70 years old at the end of the loan term

• Filipino citizen or Foreign Nationals

• Minimum gross family income of ₱50,000/month or its equivalent in foreign currency

• With stable source of income from employment or business

  1. Locally Employed: at least 2 years with current company

  2. Self-Employed: at least 2 consecutive profitable years of operation

  3. Employed Abroad: 2-3 years consecutive employment. Assignment of Beneficiary as Loan Administrator if not in the Philippines at the time of application

GATHER DOCUMENTS

I have a BDO Account

BASIC DOCUMENTS
• Completely filled-out application form

INCOME DOCUMENTS

Self-Employed

1. Bank Statement, non-BDO Account

2. Audited Financial Statements for the last two (2) years

OFW (any of the following)

1. Latest proof of remittance for the last three (3) months

2. Latest three (3) months payslips

3. Latest Certificate of Employment with Income (COEI)

4. Latest Crew Contract, if sea-based

COLLATERAL DOCUMENTS

If property is from a Developer accredited with BDO

1. Contract to Sell (CTS)

If property is from an individual seller or a Developer not accredited with BDO

1. Photocopy of TCT/CCT and/or Contract to Sell (CTS)

2. Photocopy of Tax Declaration

3. Authorization of Tax Mapping signed by present owner

4. Copy of payment for Appraisal Fee

If Construction Loan

1. Photocopy of TCT

2. Photocopy of Tax Declaration

3. Building Plan

4. Building Specifications

5. Copy of payment for Appraisal Fee

TO KNOW MORE ABOUT THIS KINDLY CONTACT

Maica Castillo

EMAIL : iamdrivenmaica@gmail.com

VIBER : 09760077327

SOURCE:

https://www.bdo.com.ph/personal/loans/home-loan?fbclid=IwAR1exYe2EgHfETep45GUBf5s1pe8lu8AVh8rcDvzQ1J_wQ4jK1HiyRNt8M8#faqaccordion-ebf4a335fc-item-885696a7b6