Are you on the hunt for the perfect home but find most home loans overwhelming or out of your financial reach?

Look no further than RCBC (Rizal Commercial Banking Corporation), which offers the lowest minimum loan amount on the market. This is excellent news for those who plan to borrow a fraction of their home's price and aim to pay off the loan swiftly.

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

Key Features of RCBC Home Loan

Minimum Loan Amount: RCBC sets the bar low with a minimum loan amount of just ₱300,000, making it accessible for a wide range of homebuyers.

Interest Rates: Enjoy competitive interest rates ranging from 6.88% to 11%, depending on the loan term, ensuring you get the best deal tailored to your needs.

Loan Term: RCBC offers a flexible loan term of up to 20 years. Whether you prefer a short repayment period or a longer one, RCBC accommodates your requirements.

Fixing Option: You have the freedom to choose a fixing option ranging from one to 20 years, allowing you to customize your loan according to your financial stability and preferences.

Versatile Use: RCBC's home loan can be utilized for various purposes, including purchasing a house and lot, vacant lot, or renovating your existing home. Additionally, it can serve as a multi-purpose loan or be used for home loan refinancing.

APPLY FOR RCBC HOME LOAN HERE!

Eligibility Criteria

To apply for an RCBC Home Loan, you need to meet the following criteria:

For employed:

Filipino Citizen or Dual Citizen
If foreigner, must be married to a Filipino citizen
At least 21 years old upon loan application
At most 65 years old upon loan maturity
Must have a mobile number and a residence or office landline
With a minimum employment tenure of 1 year and minimum gross monthly income of Php40,000
If OFW, must have worked abroad for at least 2 consecutive years

For Self-employed:

Filipino Citizen or Dual Citizen
If foreigner, must be married to a Filipino citizen
At least 21 years old upon loan application
At most 70 years old upon loan maturity
Must have a mobile number and a residence or office landline
Business must be in profitable operations for the past 2 years

Required Documents

Accomplished RCBC Home Loan Application Form
Copy of TCT and Tax Declaration (Land & Improvement)
Bill of Materials (Construction)
For Employed applicants: Certificate of Employment (COE) or latest ITR, 2 valid government-issued IDs, TIN, Utility bill
For Self-employed applicants: Business Registration with DTI, Audited Financial Statements, ITR or bank statements

APPLY FOR RCBC HOME LOAN HERE!

ATTRACTIONS TO SEE IN MANILA

At RCBC, your dream home is within reach. With their accessible loan options, competitive interest rates, and straightforward application process, you can embark on your homeownership journey with confidence. Don't let your dream home remain a dream – make it a reality with RCBC's Home Loan.

For personal loan, check out my guide for RCBC Personal Loan

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

RCBC Housing Loan Guide (Requirements and Application Process)

Are you on the hunt for the perfect home but find most home loans overwhelming or out of your financial reach?

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

Key Features of RCBC Home Loan

Minimum Loan Amount: RCBC sets the bar low with a minimum loan amount of just ₱300,000, making it accessible for a wide range of homebuyers.

Interest Rates: Enjoy competitive interest rates ranging from 6.88% to 11%, depending on the loan term, ensuring you get the best deal tailored to your needs.

Loan Term: RCBC offers a flexible loan term of up to 20 years. Whether you prefer a short repayment period or a longer one, RCBC accommodates your requirements.

Fixing Option: You have the freedom to choose a fixing option ranging from one to 20 years, allowing you to customize your loan according to your financial stability and preferences.

APPLY FOR RCBC HOME LOAN HERE!

Eligibility Criteria

To apply for an RCBC Home Loan, you need to meet the following criteria:

For employed:

Filipino Citizen or Dual Citizen
If foreigner, must be married to a Filipino citizen
At least 21 years old upon loan application
At most 65 years old upon loan maturity
Must have a mobile number and a residence or office landline
With a minimum employment tenure of 1 year and minimum gross monthly income of Php40,000
If OFW, must have worked abroad for at least 2 consecutive years

For Self-employed:

Filipino Citizen or Dual Citizen
If foreigner, must be married to a Filipino citizen
At least 21 years old upon loan application
At most 70 years old upon loan maturity
Must have a mobile number and a residence or office landline
Business must be in profitable operations for the past 2 years

Required Documents

Accomplished RCBC Home Loan Application Form
Copy of TCT and Tax Declaration (Land & Improvement)
Bill of Materials (Construction)
For Employed applicants: Certificate of Employment (COE) or latest ITR, 2 valid government-issued IDs, TIN, Utility bill
For Self-employed applicants: Business Registration with DTI, Audited Financial Statements, ITR or bank statements

APPLY FOR RCBC HOME LOAN HERE!