Steps for Landbank Housing Loan Online Application Process
HOW TO APPLY FOR LANDBANK HOUSING LOAN ONLINE – You can check here the guide in applying for Landbank’s Easy Home Loan offer online.
When it comes to banks in the Philippines, there are a numerous choices. Truth be told that it may be quite confusing on where to get a certain banking service. One of the most popular and trusted bank is the Landbank of the Philippines which is a government banking entity.
Nowadays, banks are not only delivering their services through their physical offices which are located in different areas across the nation. Several banks have also made their offers available online and Landbank is one of these banking entities.
The government bank has multiple offers. There are several types of savings and banking accounts, a Landbank Credit Card, loans, and many more financial products. One of the loans offered by the government bank is the Easy Home Loan.
The Landbank Easy Home Loan, unlike many of the loan offers of the bank which are specifically for fisherfolks and farmers, is open for both employed and self-employed individuals. It is open for several purposes.
A person may apply for Landbank’s loan offer to finance the acquisition of a residential property, house construction projects, and existing home loan take-out from another bank or lending entity.
Landbank’s Easy Home Loan offer has helped countless Filipinos get a house of their own. With regards to the loanable amount under the Landbank Housing Loan offer, it varies.
The borrowing amount depends if you are a private applicant or a government employee. The government bank allows a maximum loan term of 20 years as long as the age of the borrower at the time of the loan application and the loan term do not go beyond 65 years.
You can apply for the Landbank housing loan personally at a branch or a service lending center of the government bank. If you cannot leave your work or you are really dealing with a tight schedule, there are also steps on how to apply for Landbank Housing Loan online.
It is best to prepare the requirements for the Landbank Housing Loan application ahead of the online application. You will need one (1) 1×1 digital photo as well.
There are information that will be asked during the online application. Here are the details you must prepare to apply for Landbank Housing Loan online:
About the Loan
- Amount of Loan
- Purpose of Loan
- Purchase Price/Project Cost
- Target Term of Loan
- Equity
Personal Information
- complete name
- date of birth
- age
- place of birth
- civil status
- telephone number
- cellphone number
- date of marriage, for married applicants
- name of spouse, optional
- number of dependents, optional
Address
- Street and House Number
- City/Province
- Provincial Address
- Postal Code
- Address Status
- Monthly payment, optional
- Years in address, optional
Employment / Business Information
- Employer or Name of Business
- Office number, optional
- Office address, optional
- Nature of business, optional
- ZIP Code, optional
- position
- annual salary/income
- Employment starting date, type (optional)
Other Information
- last school attended
- degree
- Tax Identification Number (TIN)
The application will be done at the official website of Landbank. The same set of information mentioned above will be asked about the co-borrower if you will have a co-borrower.