Guide on Whether A Bank Account Is Needed in Applying for BDO Housing Loan or Not
BDO HOUSING LOAN – Here is a guide on whether a bank account is needed in applying for the said BDO Unibank loan offer or not.
Nowadays, a lot of banks continue to improve their services and offers for the public. One of them is the BDO Unibank. It is one of the most popular and trusted banks in the Philippines.
BDO got savings and deposit accounts, insurance policies, credit cards, investment products, and loans. With regards to loans, it has multi-purpose offers and as well as those that serve specific purposes.
One of the loans that serve specific purposes is the BDO Housing Loan. You may apply for it to fund any of the following – residential property purchase, house construction, home renovation, home loan refinancing, and reimbursement of house property acquisition.
Who may apply for the said BDO loan offer?
Most loan offers come with eligibility requirements. To be eligible for the said home loan offer, the applicant must be:
- between 21 to 70 years old
- a Filipino citizen or a foreign national (with terms upon the latter’s case)
- earning at least Php 50,000.00 monthly
- locally employed, self-employed, or employed abroad
You may be curious on whether a bank account is needed in applying for BDO Housing Loan. Based on an article on eCompare Mo, it is not needed in applying for the said loan offer. With regards to how much you can borrow, you may visit – BDO HOME LOAN LOANABLE AMOUNTS – How Much You Can Borrow.
You may want to apply for the said loan offer of BDO. For a guide on the steps in applying and the requirements needed, you may visit – BDO HOME LOAN: How To Apply for House Loan to Banco de Oro.
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