Month MY SALARY IS BELOW THE MINIMUM REQUIRED INCOME OF P50,000 PER. Have always been We STILL ELIGIBLE TO SUBMIT AN APPLICATION FOR A BDO HOME LOAN?
The wage considered is combined gross household earnings.
• If married – you as well as your spouse’s wage will undoubtedly be examined for your house application for the loan
• If single – you could use with a co-borrower that will have a liability that is joint repaying the mortgage. The two of you will go through the loan application evaluation process that is standard.
This may be considered in the evaluation if you receive commissions or incentives on top of your basic salary. And your certification of Employment with Income (COEI), you may possibly submit documents that prove regular receipt of payment or motivation.
EXACTLY WHAT ARE THE FEES THAT I NEED TO PREPARE WHENEVER TRYING TO GET THAT LOAN?
You will need to spend an assessment charge upon submission of the loan papers:
• P5,000 (if security is at 30km radius from any BDO Branch)
• P5,500 (if security is outside 30km radius from any BDO Branch)
IS THERE DIFFERENT LOAN-RELATED FEES THAT I WANT TO GET READY FOR?
Yes, the fees that are following to be settled before the launch of your loan:
|Just before Loan Release*|
|Notarial Fee||Php100 (for MM records just; for outside MM, hinges on cost of Notary Public when you look at the certain area)|
|Doc. Continuar lendo TRYING TO GET A HOUSE LOAN|