The benefits of applying for a home loan from a BPI bank are:
- You can choose between buying, renovating, or building your preferred property
- You can choose between the payment methods that best suit your pocket.
- The minimum hiring amounts are Php 400,000
- Fixed interest rates in the first year of hire
- Total installments defined at the time of contracting
Why does our team recommend this loan option?
There are opportunities in our life that we cannot miss, especially when it comes to our financial well-being. Owning your property is a dream that sometimes seems distant given the current market values. Aware of this situation, BPI developed a mortgage loan to finance its property. With this option, you can request a loan for purchase, renovation, or construction of up to 95% of the total value of the property, with rates of 5% applied initially.
Author’s opinion
The BPI bank debt purchase loan has installment programs that are offered taking into account your financial history and how much you can commit to the total amount of the loan, which contributes a lot to the health of your finances. In addition, if necessary, you can renew your loan after paying 50% of the initial amount contracted. With these options, you can keep your finances up-to-date and still rely on BPI services whenever necessary.
A tip for your pocket
You can schedule the automatic debit of the installments in your savings account that will be opened when taking out this loan on the due dates agreed upon at the time of taking out the loan. Avoid delaying the payment of installments to keep your financial history always positive and thus enjoy all banking services.
Do you have the dream of owning your property and did you like this BPI loan option? Find out now how to order yours!
