CTBC My Family Home Loan
Chinatrust Bank Housing Loan is a trusted home loan that offers flexible financing plans that will definitely suit your lifestyle. It also provides low fixed interest rates which will give the borrower the ability to lock in long-term interest rate. Other options available are purchasing of house & lot, condominium unit or even a townhouse and even refinancing.
CTBC My Family Home Loan
Get Your Dream House With CTBC Housing Loan. Fast Application, Low Interest Rates And Convinient Home Loan Terms. Apply Today!
Product Features
Overview
- Product Name:
- CTBC My Family Home Loan
- Remarks
- Housing Loan that gives Low Fixed Interest Rates.
- Minimum Amount of Loan:
- PHP500,000.00
- Maximum Amount of Loan:
- PHP25,000,000.00
- Minimum Loan Tenure:
- 1 years
- Maximum Loan Tenure:
- 20 years
- Maximum Fixed Period:
- 5 years
- Early Repayment:
- Property Insurance Included:
- No
- Accepts Third Party Property Insurance:
- No
- Accepts Third Party Mortgage Insurance:
- No
- Does not Require Mortgage Insurance:
- No
- Payment Options:
- Application Approval Time:
Eligibility and Requirements
- Eligible Property Types
- House and Lot
Condominium
Townhouse
Vacant Lot
- Home Loan Proceeds Can Be Used For:
- Purchase of Property
Refinancing
Construction/Home Improvement
Reimbursement of Acquisition Cost
Home Equity
Property Types and Loan Purpose
- Age Range of Borrower:
- 21-65 years
- Minimum Annual Income:
- PHP600,000.00
- Employment Work Status
- Employed - Private Sector for 1 year
Employed - Government for 1 year
Self - Employed for 3 years
Professional for 3 years
Employed - BPO for 1 year
- Applicant Must Have a Landline Phone at Home or Office:
- Yes
- Need to Open Linked Bank Account:
- No
- Guarantor Requirements:
- Collateral Requirements:
- You can use the House and Lot, Condominium and Vacant Lot as collateral for CTBC Housing Loan.
Fees and Charges/Penalties
- Appraisal Fee
- PHP3,000.00
- Processing Fee
- PHP2,500.00
Interest Rates Offered
Interest for | Fixed Period Interest | Effective Interest Fixed | Variable Period Interest Rate Per Year |
---|---|---|---|
1 year fixed period | 5.75% | 0.00% | |
2 to 3 years fixed period | 7.00% | 0.00% | |
4 to 5 years fixed period | 7.60% | 0.00% |