Housing Loan

[ron_baquero]

@naomifc, thank you. pero ma outdated na sad na ky lahi nmn pud ang focus ron. feel free to post lang if naa ky new info pra makatabang pud sa uban.

yes, pwede man maka-advance payment sa pag-ibig both self-employed and employed. but if sa employed nga part, okay raba nimo ikaw mo shoulder sa part nga bayran sa employer then pa reimburse ba ron every month or the other way around-- okay raba sa employer mo advance pay sa inyong pag-ibig then auto-debit nlng sa sweldo every month?

loan, pwede sa pag-ibig office jud or kana bayad centers like kana naa sa SM- bills payment.
housing loan payment thru salary deduction? not sure ani, depende siguro sa amount. if higher pa gyud inyong salary versus the monthly amortization, maybe, pwede ka maka-request ana ky ang salary loan, auto-debit man sa salary.

mam ask unta ko...naa ko gibayaran nga lot for 5 yrs 50sq.m. after ane plan ko mo loan pra sa house construction, ask unta ko exmple loan ko 500k sa bank.for 20 yrs. mga pila mn ako loanable amount ug pila estimated monthly ammortization ky gabasa basa ko sa thread mura lisod au loanan ang pag ibig dghan papers pangitaon...by the seaman koh...mura dale ra ma loanan ang bank tale. thanks po in advance.

[themaker002]

hello!

I'm in housing construction industry, i don't know much about Housing loan but most of our clients abroad goes to bank financing. we have tie-up banks and we can help you speed-up your loan application. its more safe in bank financing since they are the one who will release the money for payment and as we all know bank have high standards of appraisal with regards to accomplishments. if you are interested i can refer you to my boss to explain it further. you may call my number 09224758455.. Ronald here..

[nx0817]

Question: What if my purpose is to buy Agricultural lot? Is it supported by banks and Pag-ibig? If it is, are there different terms?

[cebu.opportunities]

Hi, sorry can't answer most of the in-depth questions for individualized situations. The companies with lending service are best to approach to as rates change from time-to-time and eligibility for loan depends on your purpose, capacity to pay, etc and not-to-mention some special cases which can be negotiated between parties (alternative req'ts).
@nx0817,
purpose: to buy Agricultural Lot
1. basic req'ts
2. 2nd batch of req'ts
- major req't is the land title
---> common scenario, the land title of the property to be purchased should be surrendered to the bank as collateral but in "most" cases, it would be difficult to surrender the land title for you are yet to buy it and it's not yet under your name.
In this case, letter of guarantee from the seller must be provided.
Note: The loanable amount when your collateral is/are Lot/s (especially agricultural lot) is below the market price and appraised value as well whose percentage varies depending on the internal credit policy of the company.

Another option is to present other collateral that you've already owned, appraisal fee is PER collateral.

For more details, bank hopping na.

[april052009]

kung mag housing loan sa bank, mag monitor pud sila sa completion sa house construction?
ang release sa loan is one-time ra ba or in batches depende sa house completion?

[cebu.opportunities]

@april052009,

haven't tried... pero don't think so mag monitor pa sila ky ang value sa collateral ila i-base and clean title (collateral nga side).
the full net amount ang i-release one-time...

never heard nga ny staggard pag release sa amount which will make the computation complicated.

[themaker002]

kung mag housing loan sa bank, mag monitor pud sila sa completion sa house construction?
ang release sa loan is one-time ra ba or in batches depende sa house completion?

@ mam april052009, yes mam ang bank naa na sila percentage. if wala ko masayop 0%, 30%, 60%, 90% unya 100percent. example ang contractor mo bill na? naay appraiser na mo adto sa site ila tanawon ug naka 30% naba ang construction, kasagaran ang 30% sa bank naa na 2/f slab usa pana e release sa bank ang 30% sa imong gi loan unya ug mo bill napod ang contractor adto napod na sa 60% balik napod ang bank appraiser sa site e check ug naka pasar naba ang construction sa 60%, ilang 60% naa na rough-ins electrical ug plumbing unya naka roof framing na unya ang ilang 90% kay completo na imong house.. diba secured kaau ang owner humana iyang house @ 90% pa. if interested mo call me and i will set you meeting with my boss para mas ma explain jud sa inyo ug maau..

txt/call : 09224758455

[borrise]

I am planning to do House and Lot loan thru Pag-Ibig.
Sa mga OFW, kinsa na naka experience ug loan thru pag-ibig?

Please share your experience sa processing ug mga requirements.

[MarNey]

@cebu.opportunities TS naa ky updated requirements pra sa loan sa bank then for house renovation lng ang purpose ? need paba na ung engr. kung mo loan sa sa bank ? like need ug plano ?

[cebu.opportunities]

@MarNey, sorry, wala ko'y updated list of requirements raba... if unsa akong gi post before, base rato siya sa na inquire sauna.
murag kuti ang renovation man siguro kay need og building permit and the like. sorry, mao nlng jud na retain, hehe...

search nlng contact numbers sa banks then ipa-direct to loans dep't... mas ma addressed imong concerns.