|Margin of Finance:||80%|
|Loan Tenure:||Up to 25 Years|
|Suitable For:||Purchase of House & Lot / Condominium, House Construction, Purchase of Lot, Refinancing, House Renovation / Expansion, Reimbursement.|
|Age||21 - 65 years old|
|Employment||A self-employed or fixed income earner OR employed for at least 2 years with current employer|
|Citizenship||A Filipino citizen or foreigner with permanent resident visa for the Philippines|
|Monthly Income||Earning at least ₱30,000 for self-employed individuals, or have the same Gross Monthly Family Income (GMFI) for fixed income earners|
A Metrobank Home 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 25 years. You can also take out loans for construction, lot purchase, and refinancing.
Maximum of 80% of appraised value of property
Yes, if you are:
If based in the Philippines:
If working overseas:
If you have applied for a Metrobank Home 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:
You can use the Metrobank home 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.
If you're not satisfied with Metrobank home loan, you can also view what PNB Housing Loan is offering. However if you're still looking for alternatives, we can also recommend that you check out other house loan options listed on our website, available from other banks in the Philippines.
Consult your nearest Metrobank branch for more details on how to repay your loan.