Applying for a home loan with BDO Unibank, one of the leading banks in the Philippines, is a significant step towards achieving your dream home. Understanding the specific requirements for a BDO home loan is crucial for a smooth application process. While OnePropertee offers support in simplifying and guiding you through this journey, it's essential to first grasp the core eligibility criteria set by BDO.

BDO Home Loan Application Requirements

• 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

OnePropertee’s Role in Your Home Loan Journey

While BDO sets these fundamental requirements, OnePropertee offers its expertise to support you in meeting them:

• Guidance on Documentation: We assist in gathering and organizing the necessary documents to prove your eligibility.

• Clarification of Requirements: Our team helps clarify any uncertainties you may have about the requirements, ensuring you understand each criterion fully.

• Streamlining the Application Process: With our guidance, the application process becomes more manageable and less daunting.

Applying for a BDO home loan requires meeting specific criteria to ensure you are a viable candidate. With OnePropertee's support, navigating these requirements becomes a less challenging endeavor. While we assist in making the application process smoother, the key lies in thoroughly understanding and meeting BDO's eligibility requirements. Start your journey towards owning your dream home today with the right knowledge and the right support.

Disclaimer: The information provided in this article is for general guidance only. Applicants may consult with BDO through OnePropertee for detailed and personalized advice.

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Source:

https://www.bdo.com.ph/personal/loans/home-loan