OFW Guide: Steps on Home Loan Approval

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step by step guide to home loan approval for ofws, house and lot philippines

Here are the steps on the processing of Home Loan approval

  1. Account officer will notify the client once account is due for Bank Loan Application. 
  2. Gathering the necessary documents based on requirement of Bank/developer.
  3. Submitting the Loan application form and paying the processing fee.
  4. Document Verification.
  5. Loan approval.
  6. Technical check, site estimation and legal verification.
  7. Signing the final loan agreement.
  8. Once loan has been released, Bank officer will notify the buyer.
  9. Developer will notify the buyer. The time frame of 30 to 45 days will be scheduled for unit turn-over.

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We believe that home is truly where the heart is so we make sure to offer homes built on well-planned, strategic, and secured locations for a memorable home living. We offer a diverse selection of house and lots for sale in the Philippines under award-winning developers such as Brittany Corporation, Crown Asia, Camella Homes, Lessandra, Lumina Homes, and Bria Homes.

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