>Banco de Oro Unibank Inc. (BDO)
>Bank of the Philippine Island (BPI)
>China Banking Corporation
>Metropolitan Bank & Trust Company
>Philippine National Bank (PNB)
>Rizal Commercial Banking Corporation (RCBC)
>Security Bank
This list of banks are the best options for your housing loans, you may personally inquire with their sites or at their branches for prevailing interest rates.
You may compare which bank could give the lowest rate as possible for loans because a small difference on interest rates comes a big difference on monthly amortization and the total loan value.
But before you decide to choose what bank your loan will provide, makes sure that developer is an accredited to that bank, it means they were tied up to finance the projects and will give an easier processing of loans.
Off course, every bank has it's own requirement, some were strict to it's requirement and loan processing, others are not. These banks are competing to each other by giving competitive interest rates and are very good for us. Just make sure we can comply with their requirements and ready for our commitment regarding loan and monthly amortization.
You may compare which bank could give the lowest rate as possible for loans because a small difference on interest rates comes a big difference on monthly amortization and the total loan value.
But before you decide to choose what bank your loan will provide, makes sure that developer is an accredited to that bank, it means they were tied up to finance the projects and will give an easier processing of loans.
Off course, every bank has it's own requirement, some were strict to it's requirement and loan processing, others are not. These banks are competing to each other by giving competitive interest rates and are very good for us. Just make sure we can comply with their requirements and ready for our commitment regarding loan and monthly amortization.
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