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What's the Home Loan Landscape Like in the Philippines?
What's the Home Loan Landscape Like in the Philippines?

A few things that will keep you informed to make sure you are financially aware.

Tessa Arimado avatar
Written by Tessa Arimado
Updated over a week ago

Alam niyo ba that only 25% of adult Filipinos are financially literate? Here at Nook, we want to make sure that you are familiar with your financial options... beginning with home loans!

Saan ka ba pwedeng mag apply ng home loan sa Pilipinas?

Back in 2019, you only have 3 options: (1) Bank; (2) PAG-IBIG; (3) In-house Financing. At dahil hindi pamilyar ang mga Pilipino sa usual na home loan process, malaking porsyento ng home loan applicants ang na de-decline. Kaya naman nung 2020, when Nook was introduced, applying for a home loan became easy!

As an affiliate, kapag may kakilala ka sa mga real estate companies, construction companies, at other financing companies, pwede niyo na silang i-direct sa Nook para matulungan namin ang mga clients nila o di naman kaya ay mapadami pa ang kanilang mga kliyente!

Sino nga ba ang pwedeng mag apply ng home loan sa Pilipinas?

Filipinos ages 21, but not over 65 (at the time of loan maturity) can apply for a home loan kahit saan pa silang parte ng mundo nakatira. Kailangan lang nilang mag provide ng 2 Valid IDโ€™s, Marriage Certificate or Certificate of No Marriage, at Proof of Income para magsimula.

Ano nga ba ang type of home loan na tinatanggap ng mga bangko?

Pag bili ng property, gaya ng condo, bahay, o lupa... pwede silang mag-apply ng HOME ACQUISITION LOAN. Ito ang pinakakilalang uri ng home loan sa bansa.

Kapag naman nais nilang magpatayo ng bahay, pwede silang mag-apply ng home CONSTRUCTION LOAN. At kung meron na silang property na gusto nilang gawing collateral, pwede sila sa HOME EQUITY LOAN.

I know itโ€™s a lot to take in! But tell your clients not to worry because Nook is here to help them with their home loan journey!

At hindi nila kailangan mag-alala dahil our home loan consultants will be there every step of the way.

Hope this helps... Goodluck! ๐ŸŽ‰๐Ÿ˜Š

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