| . | Qualified Applicant
.. | ..Any individual of Legal Age but not more than 65 yrs. old upon maturity
..of loan
. |
 | | |
| . | Loan Amount
.
.
.
. | ..Minimum..............PhP 400,000
..Maximum.............70% of Appraised Value of House and Lot
.............................60% of Appraised Value of Vacant Lot
.............................60% of Appraised Value of Residential Condominium |
| | |
| . | Loan Term.
. | ..Maximum Term......20 years for House & Lot
.............................10 years for Vacant Lot
.............................10 years for Residential Condominium
. |
| | |
| . | Interest Rate
.
.. | ..Interest rate based on prevailing housing loan rate; rate fixing yearly
..thereafter based on T-bill (364 days) + 3.5% spread
..For construction other than collateral, initial rate base on prevailing
..housing loan rate; rate fixing yearly thereafter based on T-bill
..(364 days) + 4% spread
. |
| | |
| . | Collateral
. | ..Registered First Real Estate Mortgage |
| | |
| . | Gross Monthly Income
. | ..Minimum of PhP 30,000 |
| | |
| . | Repayment Mode
. | ..Equal Monthly Amortization of Principal & Interest |
| | |
| . | Payment Options
.
.
.
.
.. | ..·......Automatic Debit Arrangement with any BPI or BPI Family Bank
........Branch
..·......Express Phone
..·......Express Online
..·......ATM
..·......Express Bills Payment Machine
. |
| | |
| . | Manner of Loan Release
. | ..·......Staggered release |