SCB - Home Loan

Security Bank Housing Loan is one of the most flexible home loans available in the market, letting you to pay more on your mortgage when you have extra, or less if your financial status is a bit uptight, at no extra cost. Interest rates start at 5.25% per annum and borrow a maximum of 80% of your desired property. Ready to apply? eCompareMo will take care of everything. Online Application is easy and fast. Apply Now!

If you are looking for housing loan rates other than Security Bank, we can help you with it. Ask us today and we will guide you every step of the way.

SCB - Home Loan

Get Your Dream House With Security Bank Housing Loan. Fast Application, Low Interest Rates And Convinient Home Loan Terms. Apply Today!

Product Features

  • You can loan up to 80% of the appraised value
  • Gets your credit approval as fast as 5 days. Just submit your complete documents and you will get your loan as fast as a snap.
  • Offers payment convenience through Auto Debit Agreement. No need to go to the bank to pay your monthly amortization by debiting your enrolled savings or current account.


Product Name:
SCB - Home Loan
Lowest Interest Rate in the Market
Minimum Amount of Loan:
Maximum Amount of Loan:
Minimum Loan Tenure:
1 years
Maximum Loan Tenure:
20 years
Maximum Fixed Period:
5 years
Early Repayment:
Property Insurance Included:
Accepts Third Party Property Insurance:
Accepts Third Party Mortgage Insurance:
Does not Require Mortgage Insurance:
Payment Options:
Application Approval Time:
5 banking days

Eligibility and Requirements

Eligible Property Types
House and Lot
Vacant Lot
Home Loan Proceeds Can Be Used For:
Purchase of Property
Construction/Home Improvement
Reimbursement of Acquisition Cost
Home Equity

Property Types and Loan Purpose

Age Range of Borrower:
21-65 years
Minimum Annual Income:
Employment Work Status
Employed - Private Sector for 2 years
Employed - Government for 3 years
Self - Employed for 3 years
Professional for 3 years
Employed - BPO for 3 years
Employed - OFW/Seafarer for 3 years
Applicant Must Have a Landline Phone at Home or Office:
Need to Open Linked Bank Account:
Guarantor Requirements:
Collateral Requirements:
For Collateral, it can be a House and Lot, Condominium, Townhouse or Vacant Lot

Interest Rates Offered

Interest for Fixed Period Interest Effective Interest Fixed Variable Period Interest Rate Per Year
1 year fixed period 7.00% 0.00%
2 years fixed period 7.50% 0.00%
4 to 5 years fixed period 8.50% 0.00%
1 year fixed period (Home Equity) 8.00% 0.00%
2 to 3 years fixed period (Home Equity) 8.50% 0.00%
4 to 5 years fixed period (Home Equity) 9.50% 0.00%


What are the eligibility requirements to apply for a housing loan?

  • Must be at least 21 years old, but not more than 65 years old upon loan maturity
  • Must be earning a combined monthly income of P 50,000
  • Continuously employed for at least two (2) years
  • For self-employed, must be operating a legitimate and profitable business for the last three (3) years

What are the documentary requirements required?

  • Filled-out and signed Security Bank Home Loan Application Form
  • Special Power of Attorney (SPA)
  • Clear copy of one valid ID (photo-bearing, government issued) of borrower/spouse/co-borrower/signatories of the loan


Any ONE of the following income documents:

  • Latest Certificate of Employment and Compensation
  • Latest Income Tax Return (ITR)
  • Latest three (3) months pay slips
  • Latest three (3) months Bank Statements

Note: To credit commission income, kindly submit latest six (6) months payslips

  • Mortgage Redemption Insurance (MRI) Application Form
  • Collateral documents*


  • Income Tax Return (1701 for sole proprietary owner; or 1702 for Corporation)

Any ONE of the following income documents:

  • Audited Financial Statements (Latest 1 year)
  • Bank statements (Latest 3 months)
  • Lease/Rental Contracts

Note: Licensed Real Estate Brokers and Licensed Insurance Brokers must submit latest twelve (12) months proof of income to credit commission-based income

  • Mortgage Redemption Insurance (MRI) Application Form
  • Collateral documents*

Corporate Borrowers:

  • Company profile: background, owners, key officers
  • SEC Registration and General Information Sheet
  • Bank Statements (latest 3 months)
  • Income Tax Return (1702 for Corporation) with Audited Financial Statements for the past 3 years
  • Suppliers contact info (with average monthly transactions)
  • Customer's contact info (with average monthly transactions)
  • Authorization letter (for bank, business and trade checkings)
  • Mortgage Redemption Insurance (MRI) Application Form
  • Relevant collateral documents (Section E)

OFW Borrowers:

Any ONE of the following income documents:

  • Certificate of Employment with compensation (issued within the last 6 months)
  • Latest Crew Contract (for seafarer/seaman)
  • Latest Employment Contract (for land-based OFWs)
  • Allotment Slip
  • Latest 3 months payslip; OR bank statement for past 3 months

Note: For OFWs hired directly abroad, any TWO income documents are required

  • Consularized Special Power of Attorney is needed if with attorney in fact
  • Mortgage Redemption Insurance (MRI) Application Form
  • Relevant collateral documents (Section E)

*Collateral Document Requirements

  • Copy of collateral title (TCT/CTC)
  • Copy of Tax Declaration on land and/or improvement
  • Signed Authority to Inspect and Verify (bank form)
  • Appraisal Fee paid to SBC: OR Number __.

Acquisition from Accredited Developer

  • Contract to Sell; or Reservation Agreement

Home Construction or Renovation

  • Bill of Materials and Estimates of Construction and Labor Cost
  • Floor and Building Plan and Building Specifications

Can I buy a property even outside metro manila?

  • Yes. Security Bank has a long list of developers that provide properties in different locations in the country.

How can eCompareMo help me to get the best Home loan Deal?

  • is the country’s leading comparison portal for the best bank products in the country. Enter your personal specifications on the Home Loan calculation engine and you will be provided with home loan deals that match your preferences. On top of that, eCompareMo also provides free loan processing assistance through our dedicated Sales Team.

Apply for this loan, or compare with others.

Find similar products