Foreclosed Properties & Home Loan by RCBC
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  • Home Loans
    Loren Encarnacion
    in General Discussions
    Posted Dec 10, 2019

    What Your Home Loan Can Do For You

    • Get up to 80% of the appraised value of your property

    • Protect your investment with special insurance packages from
      Malayan Insurance Co.

    • Hassle-free payments with the Automatic Debit Arrangement

    Unlock Your Home Loan Potential

    Acquisition

    • Maximum Loan Amount
      Up to 80% of the appraised value

    • Minimum Loan Amount
      Php 1,000,000

    • Payment Terms
      Flexible Paymen Terms
      from 1 to 20 years

    • Collateral
      Registered first Real Estate
      Mortgage on property

    Construction / Renovation

    • Maximum Loan Amount
      Up to 80% of the appraised value

    • Minimum Loan Amount
      Php 300,000

    • Payment Terms
      Flexible Paymen Terms
      from 1 to 20 years

    • Collateral
      Registered first Real Estate
      Mortgage on property

    Refinancing / Reimbursement

    • Maximum Loan Amount
      Up to 80% of the appraised value

    • Minimum Loan Amount
      Php 300,000

    • Payment Terms
      Flexible Paymen Terms
      from 1 to 20 years

    • Collateral
      Registered first Real Estate
      Mortgage on property

    Home Loan Take-out

    • Maximum Loan Amount
      Up to 80% of the appraised value

    • Minimum Loan Amount
      Php 300,000

    • Payment Terms
      Flexible Paymen Terms
      from 1 to 20 years

    • Collateral
      Registered first Real Estate
      Mortgage on property

    Who can borrow

    • Filipino or dual Filipino citizen

    • If foreigner, must be married to a Filipino citizen

    • At least 21 years old upon loan application

    • At most 70 years old upon loan maturity

    • Permanently employed for at least 1 year

    • If self-employed, business must be in profitable operation for at least 2 years

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