Metrobank, one of the leading banks in the Philippines, offers a range of home loans options to help you achieve your dream of owning a home.

Here’s a comprehensive guide to understanding and applying for a Metrobank Home Loan.

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

Metrobank Home Loan Features

Minimum loan amount: ₱500,000

Maximum loanable amount: Up to 80% of the property’s price

Interest rate:

7.75% for one-year fixing
8% for two-year fixing
8.50% for three-year fixing
8.75% for four-year or five-year fixing

Maximum loan term: Up to 25 years

Eligible Purposes for Metrobank Home Loan

Lot purchase
House construction
Second home acquisition using the existing property as collateral
Reimbursement
Refinancing
Home upgrades

Who Can Apply for a Metrobank Home Loan?

Filipino citizens
At least 21 years old
With at least a gross monthly income of ₱40,000
If employed, must have a permanent status with the current employer for the last two years
If self-employed or running a business, business must be profitable for at least three years
If Overseas Filipino Worker or Overseas Contract Worker, with or without a permanent residency status in their host country

Apply for Metrobank Home Loan Now!

Metrobank Home Loan Requirements

If employed:

Duly accomplished application form
One valid government-issued ID (passport is preferred)
Certificate of Employment (COE) with compensation, position or job title, date of employment or tenure OR latest electronic payslips for the last three months OR latest ITR or BIR Form 2316
Marriage contract, if applicable

If OFW:

Duly accomplished application form
Valid passport
Certificate of Employment (COE) with compensation, position or job title, tenure, employer’s email (original if land-based) OR latest POEA contract and Certificate of Sea Service with work history and tenure (if sea-based)
Proof of monthly remittance for the last six months in the name of the OFW or his immediate family members OR payslips or payroll bank statements for the last three months
Marriage contract, if applicable

If running a business:

Duly accomplished application form
One valid government-issued ID (passport is preferred)
Business documents: DTI Certificate of Registration or Business Permit for single proprietorship; SEC Registration with Articles of Incorporation and By-Laws (or Articles of Partnership) for corporations or partnerships
Latest ITR and audited financial statements (AFS) for the last two years
Latest bank statements for the last six months
Marriage contract, if applicable

If partnership or corporation:

Duly accomplished application form (Partnership and Corporation)
SEC Registration with Articles of Incorporation and By-Laws (or Articles of Partnership)
Updated GIS with names of senior management and stockholders
Latest ITR and audited financial statements (AFS) for the last two years
Latest bank statements for the last six months

Apply for Metrobank Home Loan Now!

ATTRACTIONS TO SEE IN MANILA

Collateral requirements

Duplicate copy of Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT)
House Plans/Bill of Materials/Building Specifications (if construction loans)
Contract to Sell (CTS) or Reservation Agreement (RA) (if under developer’s tie-up)
Tax Declaration on Land and/or Improvement
Appraisal and title investigation fees (non-refundable)

Remember, a home loan is a significant financial commitment. Take your time to research, ask questions, and make an informed decision that suits your financial goals and capabilities.

Apply for Metrobank Home Loan Now!

If you are looking to apply for a credit card, here are my Tips to Get Approved for a Credit Card Application.

Also check out the 5 Credit Cards with No Annual Fees in the Philippines

ACTIVITIES AND TOURS IN MANILA

Home Loans in the Philippines

Here's a list of banks that offer best home loans in the Philippines:

Also check my list of Top Digital Savings Banks in the Philippines

Building Your Dream House with Metrobank Home Loan (Requirements and Eligibility)

Metrobank, one of the leading banks in the Philippines, offers a range of home loans options to help you achieve your dream of owning a home.

Here’s a comprehensive guide to understanding and applying for a Metrobank Home Loan.

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

Metrobank Home Loan Features

Minimum loan amount: ₱500,000

Maximum loanable amount: Up to 80% of the property’s price

Interest rate:

7.75% for one-year fixing
8% for two-year fixing
8.50% for three-year fixing
8.75% for four-year or five-year fixing

Maximum loan term: Up to 25 years

Eligible Purposes for Metrobank Home Loan

Lot purchase
House construction
Second home acquisition using the existing property as collateral
Reimbursement
Refinancing
Home upgrades

Who Can Apply for a Metrobank Home Loan?

Filipino citizens
At least 21 years old
With at least a gross monthly income of ₱40,000
If employed, must have a permanent status with the current employer for the last two years
If self-employed or running a business, business must be profitable for at least three years
If Overseas Filipino Worker or Overseas Contract Worker, with or without a permanent residency status in their host country

Apply for Metrobank Home Loan Now!

Metrobank Home Loan Requirements

If employed:

Duly accomplished application form
One valid government-issued ID (passport is preferred)
Certificate of Employment (COE) with compensation, position or job title, date of employment or tenure OR latest electronic payslips for the last three months OR latest ITR or BIR Form 2316
Marriage contract, if applicable

If OFW:

Duly accomplished application form
Valid passport
Certificate of Employment (COE) with compensation, position or job title, tenure, employer’s email (original if land-based) OR latest POEA contract and Certificate of Sea Service with work history and tenure (if sea-based)
Proof of monthly remittance for the last six months in the name of the OFW or his immediate family members OR payslips or payroll bank statements for the last three months
Marriage contract, if applicable

If running a business:

Duly accomplished application form
One valid government-issued ID (passport is preferred)
Business documents: DTI Certificate of Registration or Business Permit for single proprietorship; SEC Registration with Articles of Incorporation and By-Laws (or Articles of Partnership) for corporations or partnerships
Latest ITR and audited financial statements (AFS) for the last two years
Latest bank statements for the last six months
Marriage contract, if applicable

If partnership or corporation:

Duly accomplished application form (Partnership and Corporation)
SEC Registration with Articles of Incorporation and By-Laws (or Articles of Partnership)
Updated GIS with names of senior management and stockholders
Latest ITR and audited financial statements (AFS) for the last two years
Latest bank statements for the last six months

Apply for Metrobank Home Loan Now!

ATTRACTIONS TO SEE IN MANILA

Collateral requirements

Duplicate copy of Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT)
House Plans/Bill of Materials/Building Specifications (if construction loans)
Contract to Sell (CTS) or Reservation Agreement (RA) (if under developer’s tie-up)
Tax Declaration on Land and/or Improvement
Appraisal and title investigation fees (non-refundable)

Remember, a home loan is a significant financial commitment. Take your time to research, ask questions, and make an informed decision that suits your financial goals and capabilities.

Apply for Metrobank Home Loan Now!

If you are looking to apply for a credit card, here are my Tips to Get Approved for a Credit Card Application.

Also check out the 5 Credit Cards with No Annual Fees in the Philippines