Here are the current houses loan rates energized because of the Financial of one’s Philippine Islands (BPI) and you can BPI Bank account Lender.

When you are curious purchasing property and you can package, townhouse, condominium device, or unused lot, or to create another type of house or perhaps to increase and you can redesign a current you to, see less than for much more details about the new houses loan promos, interest rates, and will be offering by the BPI and you will BPI Family savings Bank.

That happen to be entitled to acquire a beneficial BPI Construction Financing?

In order to be considered, not, new borrower is required to secure the very least disgusting month-to-month money off forty thousand pesos (P40,000). Meanwhile, the newest borrower must be functioning or in business to your history a couple (2) many years.

There’s also a get older requisite, that’s, the borrower cannot be over 65 years of age through to the fresh readiness of the financing. Such as, if you find yourself so you’re able to acquire a good ten-seasons homes mortgage, you shouldn’t be much more than simply 55 years old. Also, if you’re in order to acquire a construction financing maturing in 20 years, you need to pertain through to the age 45; if not, the job will be denied.

A foreign federal remaining in the latest Philippines (with immigrant or citizen charge) may apply for an excellent BPI Homes Financing, however, proceeds may only be taken to have sales regarding a great condo device. Read more