|Margin of Finance:||80%|
|Loan Tenure:||Up to 20 Years|
|Suitable For:||Purchase of House & Lot / Condominium, House Construction, Purchase of Lot, Refinancing, House Renovation / Expansion, Reimbursement.|
|Age||21 - 70 years old|
|Employment||If employed, at least 2 years with current company. If self-employed, at least 2 consecutive successful and profitable years of operation.|
|Citizenship||Filipino citizen or foreigner (see Visa requirements)|
|Monthly Income||Minimum gross family income of ₱50,000.00/month|
A BDO Housing Loan will allow you to borrow as much as 80% of the appraised value of your property, and your payment terms can be extended up to 20 years. You can also take advantage of all-in financing to cover other housing loan expenses such as mortgage registration, insurance premiums, taxes, and others. You'll even earn BDO rewards points that you can redeem at any SM Department Store.
Yes, if you are:
If you have applied for a BDO Housing Loan, you will be asked to provide some supporting documents in order for the bank to process your application. These documents are listed below:
If Locally Employed:
If Employed Abroad (or Asenso Kabayan borrowers):
Types of Acceptable Visa for Foreigners:
For Construction Loan:
For Refinancing or Loan Take-out:
You can use the BDO housing loan calculator to calculate your monthly repayments, based on your desired property value and loan amount. Once you are ready to apply, you can make a free enquiry through iMoney, and our customer representatives will call you back. Applying for a home loan with iMoney is absolutely free of charge.
Looking for other options? We would also recommend that you check out BPI housing loan to find out if it's exactly what you need. If you're looking for more choices, you can view and compare other house loan options available in the Philippines, listed on our website.
You can pay via an Automatic Debit Arrangement from a nominated BDO account. If you’re outside the country, you can pay via BDO Remit or fund transfer via Swift Code.