Need the best home loan in the Philippines for various purposes―from the purchase of a new house to reconstructing your current home? Then check out PNB’s Housing Loan.

PNB offers one of the best home loans rates and terms in the Philippines, allowing you to own your dream home at a price you can afford.

For other type of loans, visit my detailed guide for best personal loans and car loans in the Philippines!

PNB Housing Loan Features

Minimum loan amount:

Lot purchases within and outside Metro Manila: ₱500,000
House and lot, townhouse, or condominium purchase within Metro Manila: ₱750,000
₱500,000 outside Metro Manila

Maximum loanable amount:

Lot property: up to 70% of the appraised value
House and lot, townhouse, or condominium: up to 80% of the appraised value
Interest rate: 6.25% per annum (current rate = 1.25% + 5% fixed rate)

Maximum loan term:

Lot purchase, home improvement, or redesign: Up to 10 years
Purchase of house and lot, townhouse, or condominium unit, and for house construction: Up to 20 years

Who Can Apply for a PNB Housing Loan?

Filipino citizen
At least 21 years of age, but not more than 65 years of age upon maturity of the loan
Employed or self-employed individuals
PNB Housing Loan Requirements
Fully accomplished PNB Housing Loan Application Form
Copy of one valid ID of the borrower/spouse/co-borrower/signatories of the loan

If employed (any of the following):

Latest ITR
Latest Certificate of Employment
Payslips for the last three months

If Overseas Filipino Worker (any of the following):

Latest employment contract
Latest Certificate of Employment with compensation
Latest payslips for the last three months

If self-employed (any of the following):

DTI or Business/Mayor’s Permit
ITR or AFS

If an individual with a corporate business:

Bank statement (personal and corporate) for the last six months
SEC registration
General Information Sheet
ITR or AFS

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Collateral requirements

Copy of Collateral Title (TCT or CCT)
Copy of Tax Declaration on Land or Building
Lot plan and vicinity map
For construction: Bill of Materials, building/floor plan, building specs
For acquisition from accredited developer: contract to sell
For purchase of house and lot/vacant lot: Deed of Absolute Sale or Contract to Sell
For refinancing or loan take-out: Statement of Account from Mortgagee Bank

ATTRACTIONS TO SEE IN MANILA

Which home developers are accepted for financing for PNB Housing Loan?

Eton
Ayala
Filinvest
Robinsons
Arthaland
Megaworld
SMDC
DMCI
Vista Land
Shang Properties

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Payment Options

1. What are the term options for my loan?

Up to 10 years for lot purchase and home improvement
Up to 25 years for purchase of house & lot, townhouse, and condominium unit, and house construction

2. What is the interest rate?

The interest rate for your loan is the prevailing home loan rate at the time of availment.

3. How can I pay for my loan?

Repayment Scheme:

Equal monthly amortization

*Initial low monthly payments is applicable to loan amount of minimum PHP1,000,000 for a minimum period of five (5) years.

Mode of Payment:

Automatic Debit Arrangement
Post Dated Checks

4. What can be my collateral?

First Real Estate Mortgage over an acceptable residential property

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ACTIVITIES AND TOURS IN MANILA

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Your Comprehensive Guide to PNB Housing Loan: Your Pathway to Homeownership