Housing Loans

Starting a family? MyHome can help you get started with financing your dream home.
With a minimum loan amount of P300,000.00, you can start on building that home for
you and your loved ones.

What can you do with MyHome Loan?

  • Buy a lot, house & lot, condonminium unit, or townhouse

  • Take out of existing home loan

  • Construct your house

  • Renovate your home

  • Reimburse/Refinance

Features at a Glance

  • Counseling. RCBC Savings Bank will give you top-notch advice, including where to buy your property and what are your best options to pay your amortization.

  • Convenience. Get an Automatic Debit Arrangement (ADA) with your RCBC Savings Bank savings or checking account so you don't need to keep going to the bank to pay your monthly amortization.

  • Protection.You're covered with fire insurance from Malayan Insurance Co., Inc. and morgage redemption insurance from Sun Life Grepa Financial.

Minimum loan amount: Php 1,000,000 for acquisition of property, Php 300,000 for other purposes

Maximum loan amount: Subject to borrower's paying capacity

Interest Rate: Prevailing rate at the time of the loan release

Loan Valuation:

  • Up to 70%of appraised value of vacant lots

  • Up to 80%of appraised value for house & lot, townhouses, and condominium units

Collateral: Registered 1st Real Estate Mortgage on property

Property located nationwide within service areas of RCBC & RCBC Savings Bank branches

Minimum floor area of 50 sqm for land with improvement and 25 sqm for condominiums

Mortgage Redemption Insurance: Sun Life Grepa Financial

Fire Insurance: Malayan Insurance Co., Inc

Repayment Mode: Automatic Debit Arrancgement, Post Dated Checks, and Over-the-Counter

Repayment Terms: Equal monthly amortization representing principal and interest

Special Packages

  • MyHome Budgeter Loan

    Ideal for existing homeowners who want to lighten their debt burden by borrowing against the value of their home to pay-off and/or consolidate financial obligations and consumption-related expenses, e.g. tuition, travel, hospitalization, etc.

Who is eligible for the MyHome Loan?

  • At least 21 years old upon loan application

  • At most 65 years old if employed or 70 years old if self-employed upon loan maturity

  • Filipino citizen or former Filipino citizen under BP 185 guidelines

  • Foreign nationals holding immigrant visa or married to a Filipino are eligible if purchasing a unit covered by CCT.

  • Permanently employed for at least 1 year; 2 consecutive years for OFWs

  • If self-employed, business must be in profitable operations for the last 2 years

Application Requirements

Employed

  • Accomplished Application Form
  • Certificate of Employment and Compensation
  • Valid Government IDs
  • TIN
  • Photocopies: TCT, Tax Declaration, Tax Receipt, Tax Clearance
  • Location plan/vicinity map of property
  • Building plans/bill of materials (for construction)
  • Statement of account (for takeout of existing housing loan)
  • Marriage Contract or Birth Certificate

Self-Employed

  • Accomplished Application Form
  • Copy of last 2 years ITR
  • Latest 2 years Financial Statements
  • Business registration/permits
  • List of suppliers and customers
  • Company profile, property documents
  • Location plan/vicinity map of property
  • Marriage Contract or Birth Certificate

Loan Calculator

Got Further Questions?

Call the RCBC Savings Bank Housing Loans Department directly at (02) 555-8700 local 7219, 7247, 7248, 7250

Apply Now

Need a loan to make your dreams come true? It's just a click away!

You will be redirected to the RCBC Savings Bank website (www.rcbcsavings.com). RCBC Savings Bank is a wholly-owned subsdiary of RCBC.