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• Competitive Rates

  Budget and project your expenses, knowing your rate and payments will stay the same. You have an option to fix interest rates up to 10 years based on prevailing home loan rate.

  Fixed Rates:

  9.75% fixed for 1 year

  10.00% fixed for 2-3 years

  10.25% fixed for 4-5 years

  11.00% fixed for 6-10 years

  11.25% fixed for 11-15 years

  11.50% fixed for 16-25 years

  Yearly repricing after the fixing period

• Bank Charges

  Appraisal Fee	P3,500
  Appraisal Fee outside Meto Manila	P4,000
  Processing Fee	P3,000.00
  Mortgage Redemption Insurance	P4,430.00 for every million, assuming standard rating
  Fire Insurance	Depends on the appraised value of the Improvement
  Mortgage Registration Expense (based on loan amount)	Depends on the loan amount

• Fast and Efficient Processing

  Apply now and you get approval of your loan within 10 days

• Use the funds for any of these Loan Purposes

  Acquisition of vacant lot, house and lot, townhouse, condominium unit

  House construction

  House renovation/Home Improvement

  Refinancing of existing house loan

  Reimbursement of acquisition cost or construction cost

  Acquisition with refinancing

  Refinancing and equity loan

  Equity Loan

• Security/Collateral

  Must be residential

  May or may not be owner-occupied

  Any of the following:

  Single detached

  Townhouse

  Duplex

  Condominium units

  Vacant lots

  Mixed-used

  Apartment (up to 4-doors)

  Must be free from liens & encumbrances

  Located within BDO serviceable areas

• Loanable Amount

  Minimum: P500,000.00

  Maximum: Based on appraised value of property

  Up to 80% of appraised value for house & lot

  Up to 80% of appraised value for townhouse

  Up to 70% of appraised value for vacant lot

  Up to 70% of appraised value for condominium

• Mode of Release

  For Acquisition: One-time release

  For Construction: Staggered releases as follows:

  First Release - 70% of Appraised value of lot

  Second Release - upon 30% completion

  Third Release - upon 60% completion

  Fourth Release - upon 90% completion

• Flexible Payment Terms

  20 years for house & lot, townhouse

  15 years for condominium

  10 years for vacant lot

  The age of the borrower should not exceed 65 years old at loan maturity and the term of loan should not exceed the remaining economic life of the property

  We do not collect pre-payment penalties but we charge PhP 2,000 as a processing fee for full payment of loan before maturity

• Various Payment Options

  Automatic Debit Arrangement

  Post-dated checks

• Earn Reward Points via BDO Rewards which can be redeemed at any SM Department Store for items of your choice
• Convenient Application Locations

  With more than a hundred branches in Metro Manila alone, you're sure to find a BDO branch waiting to serve you wherever you are. Fill out a BDO Home Loan application form and submit it to any BDO branch or BDO On-Site nearest you.

Application Requirements

• Eligibility Criteria

  Filipinos, Filipinos married to foreigners, Foreigners (if collateral is a condominium), or former Filipinos with or without Dual Citizenship, of legal age (not exceeding 65 yrs old upon loan maturity)

  Individuals with minimum gross family income of P50,000.00/monthly.

  For sole proprietorships or family corporations, the business must be profitably operating for the last two (2) years.

• Pre-Approval Requirements

  If locally employed

  Latest Income Tax return (ITR)

  Certificate of Employment with Compensation OR latest full month payslip

  If employed abroad

  For seamen: latest crew contract and employment history

  For nurses, contract workers and immigrants: employment contract or Certification of employment & salary (to be authenticated by the Phil. Consulate upon loan approval)

  Proof of monthly remittances OR payslips for the past three (3) months

  If self-employed

  Income Tax Return (ITR) for the last 2 years

  Financial statements for the last 2 years (Audited and In-house, if applicable)

  Certificate of Business Registration with DTI or SEC Business Registration & By-Laws, whichever is applicable

  Top three (3) major suppliers and customers with contact persons and numbers

  Photocopy of the Statement of bank accounts for the last six (6) months OR photocopy of passbook for the past six (6) months

  For Rental Income: Copy of TCT/CCT and lease contract from rented/leased properties

  Documentary Requirements

  Collateral Papers

  Copy of TCT / CCT

  Lot plan and vicinity map certified by a Geodetic Engineer

  Master Deed of Declaration of Restrictions (for condominiums)

  For construction/renovation

  Building plan or floor plan

  Bill of materials

  Building specifications (certified by a Civil Engineer)

  For refinancing

  Statement of account or latest three (3) months official receipts

  Others

  Marriage contract

  Valid ID (primary IDs eg. Driver's License, passport, SSS, etc)

  Owner's Collateral Appraisal Authorization

  Appraisal fee

• Insurance Requirements

  Mortgage Redemption Insurance (MRI) - equal to loan amount

  Fire Insurance - equal to the appraised value of the improvement

  Contractor's All Risk Insurance - for construction loan only (to be converted into Fire Insurance upon project completion)

  Master Fire Policy - for condominiums only

  All insurances to be endorsed to the Bank.

• Post Approval Requirements

  Original Owner's Duplicate Copy of Title (TCT or CCT) registered under the name of the borrowers

  Original Copy of Tax Declaration (for Land & Improvement) registered under the name of the borrowers

  Original Copy of Tax Clearance for the Current Year (for Land and Improvement)

  Original Copy of Current Year's Real Estate Tax Receipts (for Land and Improvement)

Apply Now!

Click here to view and download the Home Loan application form (for Non-OFWs).

For our Kabayans working abroad, please use the Asenso Kabayan Home Loan application forms by clicking on the following links:

For Brokers:

Click here to view and download the Home Loan Brokers' League application form.

For Mortgage Redemption Insurance, click on the following links:

For inquiries, please call:

Call Center 631-8000

Hot Lines 688-1220, 688-1223, 688-1232

Provincial Business Center Contact Numbers: