Own a Philippine Home Loan
Make all your hard work count by investing in a property or home in the Philippines. No need to go back to the Philippines just to apply. With OPHL, you can avail of a home loan even when you are overseas.
Why apply for Own a Philippine Home Loan
- No need to come to the Philippines to apply
- Up to 80% loanable amount for Filipinos
- Pay via remittance or debit from a PNB account
- Purchase of residential lot, house & lot, condominium, townhouse or rowhouse
- House construction
- Home improvement
- Reimbursement of acquisition or construction cost
- Refinancing/ loan take out of existing Philippine home loan
- Accomplished OPHL Application Form with spouse signature
- Filipino or Dual Citizen Co-borrower / Attorney-in-Fact (in the Philippines)
- Income Tax Return (2 Years)
- Payslip for at least 2 consecutive months
- Certificate of Employment with Salary
- Photocopy of 2 Valid IDs
- Marriage Certificate (if married)
- Copy of contract to sell, reservation, or purchase agreement
- Use our OPHL calculator to check how much you can borrow and how much your monthly payment will be
- Schedule a call with our branch officer
- Submit all of the requirements to the branch
- Get a decision on your application in 5-7 banking days upon submission of the complete requirements
- Filipinos and former Filipinos with Dual Citizenship are eligible to avail the loan.
- 65 years old upon loan maturity
- Natural-born Filipinos residing and working abroad who have lost their Filipino citizenship are eligible for all loan purposes (max lot area of 1,000 s.q m.)
- Filipinos residing and working abroad who have maintained their Filipino citizenship are eligible for all loan purposes
Eligible Borrowers
- Good credit score and credit history
- Stable employment
- Sufficient disposable income at 30% average credit ratio
- Without derogatory accounts in the Philippines
Eligibility Requirements
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