Loan for a New Home
Live comfortably in a home that you can call your own. Make your dream home a reality.
BENEFITS
Affordable
Enjoy low rates, down payment options as low as 10%* and flexible payment terms of up to 20 years.
*Subject to the property appraisal report of the bank.
Easy Application
Apply through any of the BPI branches nationwide or through the bank’s network of accredited brokers and developers.
Reliable
Start your new housing loan journey with us and we will guide you in every step of the way
.
Frequently asked questions
What properties are eligible for a Housing Loan?
1. House and lot
2. Townhouse
3. Condominium
4. Vacant LotWhat are the rates for Home Acquisition?
BPI accepts refinancing with the following rates below:
What are the qualifications to apply for a housing loan?
You have to be at least 21 years old but not more than 65 years old upon loan maturity
The minimum household income should be Php 40,000.What is the minimum and maximum loan amount?
Minimum Loan Amount: Php 400,000
Maximum Loan Amount: Up to 90% of property valueWhat is the the term of the loan?
Minimum Loan Term: 1 year
Maxium Loan Term: Up to 20 yearsWhat are the requirements needed to apply for a Housing Loan?
You may view the list of requirements here.
Who can I contact if I have questions about BPI Housing Loan?
Here's our customer support for new Housing Loan applications.
Who can I contact for any inquiries or concerns?
For inquires and comments, send us a message or call our 24-hour BPI Contact Center at (+632) 889-10000.
How do I claim my fully paid loan documents?
For your security, claiming of housing loan documents is by appointment only. You may schedule an appointment via our appointment booking form.
SOURCE: https://www.bpi.com.ph/housingloan/new-home
TO KNOW MORE ABOUT THIS KINDLY CONTACT
iamdrivenmaica@gmail.com
09760077327 (viber)
1 Like4 Replies
Is it true that when purchasing a property direct to seller, the title must be in the buyer’s name already? Then BPI will process the loan? How could that be? How can you process the transfer of title when the sale has not been funded yet?
Albert Albaytar:
Is it true that when purchasing a property direct to seller, the title must be in the buyer’s name already? Then BPI will process the loan? How could that be? How can you process the transfer of title when the sale has not been funded yet?--
Albert Albaytar:
Is it true that when purchasing a property direct to seller, the title must be in the buyer’s name already? Then BPI will process the loan? How could that be? How can you process the transfer of title when the sale has not been funded yet?-- Hello Sir Albert,
Bank will issue an LOG (Letter of Guarantee/Bank Guaranty). The Bank guaranty will serve as the agreement to pay the seller provided Title Transfer under borrowers name is secured. LOG is a binding contract.
Also, need po kasi mag-annotate ni bank kaya po Title must be under Borrowers (Buyer) name talaga.Maica Castillo:
-- Hello Sir Albert,\ \ Bank will issue an LOG (Letter of Guarantee/Bank Guaranty). The Bank guaranty will serve as the agreement to pay the seller provided Title Transfer under borrowers name is secured. LOG is a binding contract.\ \ Also, need po kasi mag-annotate ni bank kaya po Title must be under Borrowers (Buyer) name talaga.--
Ganyan din po ba sa mga developers ang proseso?
Hindi po ba okay na ang contract then the warranty deed conveying the transfer of title, to be signed and notarized sa closing? Sana tingnan po iyan ng mga underwriters ng bank. Mukhang hindi madali kapag direct to seller ang property na binebenta and bank ang lender ng buyer.
Thanks for enlightening me po.
