LANDBANK Housing Loan offers loan proceeds that shall be utilized exclusively for any of the following purposes:

• Acquisition of residential real estate properties, including house and lot, townhouse, or condominium unit inclusive of parking and drying areas;
• Construction of a residential building;
• Renovation or improvement of an existing residential property; or
• Refinancing or take-out of an existing housing loan from another financial institution

 

Features:

Loanable Amounts

• Borrowers can avail up to 90% of the Total Contract Price or Selling Price and Appraised Value of the Property subject to borrower’s capacity to pay and credit evaluation.

Interest Rates
Secure your future with stability (valid until January 2027)

• 1 Year at 6%
• 2-3 Years at 6.20%
• 5 Years at 6.50% 

 Repayment Term

• Maximum of twenty (20) years, provided that the age of the borrower / co-borrowers shall not exceed to 60 years old for salaried employees and 70 years old for active and retired government employee.