BPI offers low housing loan interest rate
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For families who have long been waiting for a chance to come home to a place they can call their own, BPI Direct may just be the answer.
From March 1 to 31, BPI Direct, the country’s first and only Internet bank will offer the lowest housing loan rate of 8.75% fixed for 5 years. Applications will be facilitated online for easy convenience and fast access, according to a statement from the bank.
Other housing loan interest rates available are 8% for annual repricing; fixed interest rates of 8.50% for 2-3 years, 10.50% for 10 years and 10.75% for 15 years, it said.
“Our goal is to empower clients to finance the home they’ve always envisioned their family to live in. Applying for a housing loan is a great low-risk financing option for individuals or families, especially with these low fixed rates.” says Raul Dimayuga, BPI Direct President. “The fixed rates allow you to plan ahead without worry of incremental charges.”
Anyone who has been employed for the last two years can apply for the BPI Direct lousing loan. The loan can be used for various housing options such as purchasing a vacant lot, purchasing a house and lot, constructing a house, renovating existing home and re-financing housing loans with other financial institutions.
For those who have been dreaming of the perfect home, this is the best time to take a concrete step towards fulfilling that dream.
Interested applicants can log on to http://www.bpidirect.com/ for more details.
Source: Inquirer
Houses For Sale in the Philippines was built to feature houses in the Philippines worthy of selling to those who work hard for the money they have. It also stemmed from the unfortunate incident we had with buying a property that up to this day, was not turned over to us. 
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please refer to these links, thank you.
http://houses.forsalephilippines.com/foreclosed/properties-in-metro-manila-for-sale/
http://houses.forsalephilippines.com/foreclosed/metro-manila-foreclosed-properties/
hi there, me and my husband is planning to have our own house. and we wanted to go on a housing loan. my husband is working, he’s a seamn for almost 10 years now. and what we want to know is how much interest if we took the loan for 5 years. and is it the interest payable every month? and what are the requirements? and do we need a guarantor? well, i hope that you could answer us back regarding this matter. and im hoping for your reply asap.
and by the way, if ever my husband is qualified, do we need to pay for a downpayment for our housing loan?
thanks and hoping to hear from you soon.
mrs. miguel
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