Housing loan · PBCOM
PBCOM Home Loan
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With PBCOM Housing Loan you can get your own dream house at affordable rates with flexible payment terms,lower monthly amortization and down payment, plus other great benefits.
If you are looking for housing loan calculator other than PBCOM, eCompareMo can help you with it. Ask us today and we will guide you every step of the way.
Overview
| Loan amount | ₱500,000 to ₱20,000,000 |
|---|---|
| Loan term | 1 years to 20 years |
| Interest | 8% a year |
| Loan-to-value | up to 80% |
| Age | 21 to 65 years old |
| Collateral | For PBCom the following can be used as a collateral House and Lot, Townhouse, Residential Condominium Unit or Vacant Lot |
| Appraisal Fee | ₱3,500 |
| Processing Fee | ₱4,000 |
| Bank Charges | Charged upon loan booking to cover processing fees, insurance premium, notarial fees, mortgage and registration fees and documentary stamp tax. |
Property types
- House and Lot
- Vacant Lot
- Condominium
- Townhouse
Loan purposes
- Purchase of Property
- Refinancing
- Construction of House/Home Improvement
- Reimbursement of Acquisition Cost
Key features
- Get a loan of up to 80% of the selling price of the property
- Easy application with a low Income requirement of PHP50,000.00 monthly
- Enjoy Deferred Payment Scheme wherein you will pay interest only on the first year of the loan. Payment of principal will start on the succeeding years.
Frequently asked questions
What are the eligibility requirements to apply for a PBCom Housing Loan?
- 21 – 65 years old (applicant must not be older than 65 years old upon maturity)
- Filipino Citizen, Foreign-based Filipino, or Foreign Citizen residing in the Philippines
- Salaried Individuals
- Self-employed or with business
- Minimum Gross Monthly Family Income of P50,000
What are the documentary requirements required?
Collateral Documents:
- Clear photocopy of TCT/CCT
- Clear photocopy of Tax Declaration
- Lot Plan and Vicinity Map
ADDITIONAL REQUIREMENTS FOR CONSTRUCTION/RENOVATION
- Approved Building Plan
- Bill of Materials and Specifications
- Building Permit
PERSONAL DATA AND INCOME
- Completely Filled out and signed application form
- Clear photocopy of Marriage Certificate, if applicable
SALARIED INDIVIDUALS
- Certificate of Employment (COE) indicating compensation
- Clear photocopy of Marriage Certificate, if applicable
- Clear photocopy of Latest ITR or Form 2316
- Two (2) valid government-issued IDs with photo and signature
SELF-EMPLOYED INDIVIDUALS
- Clear photocopy of Certificate of Business Registration
- List of at least three (3) clients or suppliers with contact numbers
- Latest ITR (clear photocopy)
- Latest Audited Financial Statements (clear photocopy)
- Last three (3) months Bank statements (clear photocopy)
- Two (2) valid photo-bearing government-issued IDs with signature
Can I buy a property even outside metro manila?
- Yes.
How can eCompareMo help me to get the best Home loan Deal?
- eCompareMo.com is the leading financial comparison website for the best bank products in the country. You will be prompted to enter detailed specifications in order to provide you with the right home loan products relevant to the information you entered. Making side-by-side comparison of bank products is now so much easier. We also provide free loan processing assistance.