Guide on Landbank Home Loan 2023 Application Process for Clients
LANDBANK HOME LOAN 2023 – Here’s a guide on how to apply for the Easy Home Loan offer of Landbank of the Philippines and the requirements.
One of the banks that Filipinos may turn to for housing loans is the Landbank of the Philippines. It is a government bank and it has several branches across the nation making its offers really accessible to the public.
Aside from the savings and checking accounts, the Landbank credit card, and the payroll accounts, the government bank also offers multiple housing loans. One of them is the Landbank Easy Home Loan.
The Landbank Easy Home Loan is open for several purposes. You may apply for it for the purpose of financing any of the following?
- purchase of vacant lot
- house and lot acquisition
- purchase of condominium unit
- buying a townhouse
- house construction
- home renovation
- refinancing of an existing housing loan
All loan applications are subject to the approval of Landbank. Meanwhile, details about the loanable amounts under the Landbank Home Loan 2023 offer were generously posted for the information of the aspiring borrowers. There is an easy process in applying for the loan offer.
Are you qualified?
Landbank has set a list of eligibility requirements for qualification to the loan offer. To qualify, the loan applicant must meet the following eligibility requirements:
- a Filipino citizen
- 21 years old and above upon the loan application but must not exceed 65 years old upon the date of the loan maturity
- gainfully employed or self-employed with a lawful and profitable business
Prepare the requirements.
Prepare the documentary requirements for Landbank Home Loan 2023 application. The set of documentary requirements depend whether you are employed or self-employed. Make sure you have the original copies of the documents.
Apply for the loan.
Go to a branch of the Landbank of the Philippines nearest to you. Submit your documents, undergo an interview, and wait for an update from the government bank regarding the status of your loan application.