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  • Maybank’s MaxiHome Loan
    Loren Encarnacion
    in General Discussion
    Posted Nov 19, 2019

    Enjoy big advantages when buying your dream home using Maybank’s MaxiHome Loan.

    What’s It All About?

    MaxiHome Loan helps you buy your dream home – whether it’s a townhouse, a condo or a house and lot.

    By letting you avail of 80% of the appraised value of your house and lot, a condo or a townhouse (60% for vacant lots), you’re one step closer to owning the home you want.

    And with a minimum loan amount of P800,000 available in fixed interest rates for 1, 3 or 5 years, we are making owning a home affordable for you.

    Am I Eligible to Apply?

    • Your age plus the term of the loan should not be more than 65 years old once the loan matures.

    • You should be gainfully employed with a reputable company for at least 2 years; or

    • You should own your own business that’s been operational for at least 3 years and it’s been making a profit in the last 2 years.

    • If you are a foreigner you can still apply for a MaxiHome Loan but only if the property is a condominium, and you’ll need to provide proof of residency and employment here in the Philippines.

    • For overseas workers you should have a contract of employment for 2 years and the nature of the work that you do should fall under the category of Professional and Technical jobs.

    • If you are a seafarer you should be at least officer level and you should have been serving for at least 2 continuous years.

    • An attorney-in-fact is required for overseas workers or seafarer applicants.

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