Sure Home
Whether you are a first-time home buyer, or a seasoned veteran
of the real estate market, you will find PNB Sure Home the ideal
solution to your home loan requirements. Sure Home features a
loan amount that is one of the highest in the industry.
Couple this with one of the lowest interest rates for a loan
of this type, and throw in some of the most flexible payment terms
available in the market, and you will see why PNB Sure Home is a sure
deal for your housing loan needs.
Features:
| Purpose |
- Purchase of Lot, House & Lot, Condominium,
Townhouse
- House Construction, Home Improvement
- Refinancing / Take-out of existing loans
|
| Eligible
Borrowers |
- Filipino citizens
- Natural-born Filipinos who have lost their Filipino
citizenship, but up to a maximum lot area of 1,000 sq.m. only
- Borrower must be at least 21 years of age and must
not be more than 65 yrs. of age upon loan maturity
- Salaried or self-employed with a minimum monthly
income of P30K
|
| Term of
loan |
- For Lot purchase / Home Improvement - up to 10 yrs.
- For purchase of House & Lot, Townhouse,
Condominium & House Construction - up to 20 yrs.
|
| Collateral |
- Real Estate property to be financed
|
| Loanable
Amount |
Maximum
loanable amount shall be the lowest of:
- Actual Need
- Paying capacity (only 30% of gross monthly income can
be used as amortization)
- 80% of the appraised value of the property for house
& lot, townhouse (if property is the primary residence of the
borrower and appraised value is not more than P5.0MM, otherwise, 60%
will be used)
- 60% of the appraised value of the property for lot,
condominium
Minimum
- P750K for purchase of house & lot, townhouse
& condominium - within Metro Manila; P500K - other areas
outside Metro Manila
- P500K for purchase of lot within Metro Manila; P200K
– other areas outside Metro Manila
|
| Interest
Rate |
Welcome
Rates
- 5.25% fixed for 1 year
- 6.75% fixed for 2-3 years
- 7.25% fixed for 4-5 years
- 10.00% fixed for 10 years
- 10.50% fixed for 15 years
- 11.00% fixed for 20 years
|
| Manner of
Release |
- Lumpsum for loans to purchase a lot, house and lot,
condominium, or townhouse
- Staggered for loans to construct a house or for home
improvement:
- Maximum of four(4) releases
- Only interest payment is required during the
construction period & is deducted from the second to last
release
- Final release upon 90% completion of construction
whereby all loan releases are consolidated into one promissory note
|
| Repayment
Scheme |
- Monthly Principal and Interest which shall be
adjusted upward or downward depending on the interest rate to be
charged for a particular interest period
- Payments can be made via Automatic Debit Arrangement
or Post Dated Checks
|
| Appraisal
Fee |
Minimum
of P3,300 (Non-refundable) |
Click
here for FAQs
Click
here for Housing Loan Application Requirement
Click here to Download Application Form
Click
here for a mortgage calculator
