HSBC Home Loan
HSBC Housing Loan is your perfect partner to help you purchase your dream home. Loan program includes 1 year fixed interest rates at 4.99%, no lock-in period for non-promotional rates, long term payment schemes, and many more. Get free housing loan quotations online and Apply with eCompareMo. We will make your home loan application process hassle free and fast!
If you are looking for housing loan other than HSBC, we can help you with it. Ask us today and we will guide you every step of the way.
HSBC Home Loan
Get Your Dream House With HSBC Housing Loan. Fast Application, Low Interest Rates And Convinient Home Loan Terms. Apply Today!
Product Features
Overview
- Product Name:
- HSBC Home Loan
- Remarks
- Get up to PHP100,000.00 fee waivers
- Minimum Amount of Loan:
- PHP700,000.00
- Maximum Amount of Loan:
- PHP50,000,000.00
- Minimum Loan Tenure:
- 5 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 Construction
House and Lot
Vacant Lot
Condominium
Apartment
Townhouse
- Home Loan Proceeds Can Be Used For:
- Purchase of Property
Refinancing
Construction/Home Improvement
Reimbursement of Acquisition Cost
Home Equity
Construction of House/Home Improvement
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 2 years
Employed - Government for 2 years
Self - Employed for 3 years
Professional for 3 years
Employed - BPO for 2 years
Employed - OFW/Seafarer for 2 years
- Applicant Must Have a Landline Phone at Home or Office:
- No
- Need to Open Linked Bank Account:
- No
- Guarantor Requirements:
- Collateral Requirements:
- For HSBC Home Loan you can use House and Lot, Condominium, Vacant Lot, Townhouse for collateral
Fees and Charges/Penalties
- Appraisal Fee
- PHP3,500.00
- Processing Fee
- PHP5,000.00
Interest Rates Offered
| Interest for | Fixed Period Interest | Effective Interest Fixed | Variable Period Interest Rate Per Year |
|---|---|---|---|
| 1 year fixed period | 6.00% | 0.00% | |
| 2 years fixed period | 6.75% | 0.00% | |
| 3 to 4 years fixed period | 7.50% | 0.00% |