This is very helpful! Salamat po Ma'am Romina! Timely rin kasi kakakuha pa lang namin sa PPH and worried kami sa approval ng bank loan. More tips pa po next time hehe God bless po ❤
Matatatapos na po ung housing loan term in ko next year. Ask ko lang po kung anu po estimated na babayaran ko sa balloon payment ko and kung anu 2 ung mga estimated na iccharge sa akin bago ma end ung loan term ko sa bank housing loan ko. Maraming salamat po sa sagot... (from 10 years loan term is npababa ko po sya sa 6 years payment term coz of advance payment applied to principal)
Hello! About your question sir, it seems like you're fixing period is about to end and you're asking me for an estimated cost kung magkano yung need niyo i-settle before that happens. Hindi ko lang po siya masasagot kasi si approving bank niyo po yung nakakaalam nito. I would suggest contacting them and asking for a ballpark figure of loan charges na applicable sa case niyo (ex. refinancing charge, processing fees, repricing fees, etc.) before you start with another fixing period. Some lenders impose a "penalty fee" for paying off loans earlier than scheduled. So better check po with your bank. Also try to haggle for a much lower interest rate, and request a fixing period of 6yrs. Normally hanggang 5yrs lang po talaga yung maximum fixing period ng mga banks dito satin, but since you only have 6yrs left, baka mapagbigyan naman. Hope this helps
Pwede po ba na contract of lease lng ang ipresent sa bank as proof of income? Hindi na kelangan business permits etc. para sa pinauupahang bahay. Thanks
Based on experience kapag locally employed po si client, sa Net Monthly Income po nag babase si Bank ng required salary nila Whereas kapag ofw or seafarer naman po si client, sa GMI po nag babase si Bank Hope this helps 😊
@@_gailerabimoHello, yes po 😊 Some banks will still lend to Former Filipinos, although hindi po lahat may ganong option. Discretion pa din ng banks kung mag loloan sila to naturalized citizens. Unllike po kapag Dual Citizens, kahit kaninong bank po pwede sila mag apply ng loan 😊
Goodday sir 😊 For your question, bale depende po sa policy ni developer and case-to-case basis din po kay client kung bakit siya nag proceed via in-house financing. If for ex. Insufficient Income lang yung reason or lack of tenure then possible naman po siya ma-apply ulit kay Bank once qualified na ulit si client (again depende po kay developer niyo) If adverse record naman po yung reason like marital issues, foreclosed property, criminal charges, etc. then very unlikely na po makapag switch tayo from IHF to Bank Fin.
Yes po, considered po si pagpapa-rent as business so need niyo po magsubmit ng business requirements such as -BIR Certificate of Registration -Latest Financial Statements. -Business permits and licenses. -Bank statements. -Collateral or proof of ownership of the collateral, if applicable.
@@bryanski Hello! 😊 Monthly amortizations are typically composed of the following: The principal loan, the bank's interest, and insurance (fire & mri). Nagbabago po ang MA depending on many factors like our approved loan amount, approved loan term, approved intetest rate, and chosen fixing period. Bale kailangan po muna natin maapprove kay bank bago nila ma-determine kung magkano yung ibibigay nila satin na monthly amort. And before tayo maapprove, they need to know kung qualified ba yung income natin sa required salary ng amount na gusto natin hiramin sa kanila 😊 In other words, wala pong contract signing kung hindi naman po tayo papasa in the first place
It depends op sa developer yung downpayment or sa owner ng bibilhin niyo na property I would suggest to talk to a bank rep po for more clarification on this 😊
Yes po pwede mag-reapply as long as sure po na mai-cocomply niyo yung kailangan ni bank for example po nadecline kayo due to "Credit Hit" medyo matagal po na process to kasi most likely may unsettled credit card, bad payment record or forclosed car/property kayo and matatagalan po yun kasi need niyo po i-settle yung balance and interest ng previous unsettled balance na nag-cause ng credit hit Hope this helps po 😊
@@hanzelmendoza8426 Hi goodday, if housing loan po from other banks yes. Since makikita din naman nila yun during CI. If housing loan naman po with Pagibig, as long as good payor po tayo sa kanila kahit no need na
Hi mam thankyou for your patience po, as per your question po our developer VistaLand processes our clients homeloan. For properties naman po from other developers or if mag-secure kayo ng homeloan for 2nd hand property just search HomeLoan Assistance po kasi may mga brokers na accredited sa banks that can assist you po and they will be getting a commission from bank for that assistance if makapasa po kayo sa requirements bank 😊 That way may mag-aassist po sainyo na maalam din sa real estate and possible they can check na din po yung property na gusto niyo 😊 Hope this helps po
Maam, may tanong po ako. Nag p-process kami ng housing loan po tapos sabi ng developer samin about SPA, upon approval na po daw ang SPA. Pwede kaya yan maam? Ma aaprove kaya kami kahit wala pa SPA? OFW kasi husband ko. Di na prepare SPA sa bank kasi sa Pagibig sana kami kaso d pala kami maka loan ng whole amount. 60-70% lng.
@@sarim656 Hello po, regarding sa question mo about SPA -yes this completely normal. Some banks kasi have their own SPA at hindi sila nag aaccept ng ibang format. Tama lang yung advise ni developer kasi baka mamaya mag process na si husband ng SPA for ganitong bank (for ex. BPI) tapos sa ibang bank pala siya naapprove (BDO). Uulit po kayo sa process kasi may sariling format ng SPA si BDO.
@@sarim656 As for your second question naman, yes pwede tayo maapprove without the SPA. Hindi lang pwede mag proceed sa loan takeout or loan release without it Hope this helps 😊
@@PHIRST.Romina naka in-house kasi kami now maam tapos ang laki ng binabayaran namin. So ibig po sabihin nito maam patuloy parin kami mag babayad ng inhouse hanggat maka comply kami ng SPA at kahit approve na sa bank? Ano kaya ibanv option maam para magka SPA? Ofw kasi si husband tapos September pa ung uwi nya.
This is very helpful! Salamat po Ma'am Romina! Timely rin kasi kakakuha pa lang namin sa PPH and worried kami sa approval ng bank loan. More tips pa po next time hehe God bless po ❤
Happy to help po 🥰
Congratulations din on your new property! Claiming your smooth loan approval ahead 😊
Nag email saken si BPI na qualified daw ako for Housing loan
Matatatapos na po ung housing loan term in ko next year. Ask ko lang po kung anu po estimated na babayaran ko sa balloon payment ko and kung anu 2 ung mga estimated na iccharge sa akin bago ma end ung loan term ko sa bank housing loan ko. Maraming salamat po sa sagot...
(from 10 years loan term is npababa ko po sya sa 6 years payment term coz of advance payment applied to principal)
Hello! About your question sir, it seems like you're fixing period is about to end and you're asking me for an estimated cost kung magkano yung need niyo i-settle before that happens.
Hindi ko lang po siya masasagot kasi si approving bank niyo po yung nakakaalam nito. I would suggest contacting them and asking for a ballpark figure of loan charges na applicable sa case niyo (ex. refinancing charge, processing fees, repricing fees, etc.) before you start with another fixing period. Some lenders impose a "penalty fee" for paying off loans earlier than scheduled. So better check po with your bank.
Also try to haggle for a much lower interest rate, and request a fixing period of 6yrs. Normally hanggang 5yrs lang po talaga yung maximum fixing period ng mga banks dito satin, but since you only have 6yrs left, baka mapagbigyan naman.
Hope this helps
Pwede po ba na contract of lease lng ang ipresent sa bank as proof of income? Hindi na kelangan business permits etc. para sa pinauupahang bahay. Thanks
Replied na po on your other comment sir pero no po, i-coconsider lang po siya na proof of income ni bank if registered as business
Gross monthly income po ba basehan ng bank sa pagapprove ng loan or income less other loans if ever meron?
Based on experience kapag locally employed po si client, sa Net Monthly Income po nag babase si Bank ng required salary nila
Whereas kapag ofw or seafarer naman po si client, sa GMI po nag babase si Bank
Hope this helps 😊
New subscriber here🥰
Glad to see you po and hope na may maitulong po yung vlogs ko on your real estate journey 😊
hi ma'am Romina
Hello po mam how may I help po? 😊
Ohh may ganong option pala pag di na filipino. Akala ko kailangan pa maging dual.
@@_gailerabimoHello, yes po 😊 Some banks will still lend to Former Filipinos, although hindi po lahat may ganong option. Discretion pa din ng banks kung mag loloan sila to naturalized citizens. Unllike po kapag Dual Citizens, kahit kaninong bank po pwede sila mag apply ng loan 😊
@@PHIRST.Romina Thank you po sa info mam
Good day po, ask ko lang po sana maam if nasa in house financing pwede po bang mag shift to bank financing salamat po
Goodday sir 😊 For your question, bale depende po sa policy ni developer and case-to-case basis din po kay client kung bakit siya nag proceed via in-house financing.
If for ex. Insufficient Income lang yung reason or lack of tenure then possible naman po siya ma-apply ulit kay Bank once qualified na ulit si client (again depende po kay developer niyo)
If adverse record naman po yung reason like marital issues, foreclosed property, criminal charges, etc. then very unlikely na po makapag switch tayo from IHF to Bank Fin.
@@PHIRST.Romina maraming salamat po sa tugon❤️
@@nardzkymitv Happy to help po 😊
Acceptable po ba sa bank ang contract of lease ng isang paupahang bahay as source of income?
Yes po, considered po si pagpapa-rent as business so need niyo po magsubmit ng business requirements such as
-BIR Certificate of Registration
-Latest Financial Statements.
-Business permits and licenses.
-Bank statements.
-Collateral or proof of ownership of the collateral, if applicable.
Hndi po ba ung salary income required ay nkadepende kung magkno monthly ammort? Based on contract term?
@@bryanski Hello! 😊 Monthly amortizations are typically composed of the following: The principal loan, the bank's interest, and insurance (fire & mri). Nagbabago po ang MA depending on many factors like our approved loan amount, approved loan term, approved intetest rate, and chosen fixing period.
Bale kailangan po muna natin maapprove kay bank bago nila ma-determine kung magkano yung ibibigay nila satin na monthly amort. And before tayo maapprove, they need to know kung qualified ba yung income natin sa required salary ng amount na gusto natin hiramin sa kanila 😊
In other words, wala pong contract signing kung hindi naman po tayo papasa in the first place
Pag nag loan ako ng 10M un down payment ko is one time ba un or may offer sila na 3 months to pay DP
It depends op sa developer yung downpayment or sa owner ng bibilhin niyo na property
I would suggest to talk to a bank rep po for more clarification on this 😊
Kapag po ba nadecline, pwede po agad magreaapply ulit after one week?
Yes po pwede mag-reapply as long as sure po na mai-cocomply niyo yung kailangan ni bank
for example po nadecline kayo due to "Credit Hit" medyo matagal po na process to kasi most likely may unsettled credit card, bad payment record or forclosed car/property kayo
and matatagalan po yun kasi need niyo po i-settle yung balance and interest ng previous unsettled balance na nag-cause ng credit hit
Hope this helps po 😊
Thanks po
Kailangan po ba ideclare ang housing loan like pag ibig pag mag loloan sa bank??
@@hanzelmendoza8426 Hi goodday, if housing loan po from other banks yes. Since makikita din naman nila yun during CI. If housing loan naman po with Pagibig, as long as good payor po tayo sa kanila kahit no need na
@@PHIRST.Romina
Salamat po
hi ma'am nag aasist po kayo sa home loan
Hi mam thankyou for your patience po, as per your question po our developer VistaLand processes our clients homeloan.
For properties naman po from other developers or if mag-secure kayo ng homeloan for 2nd hand property just search HomeLoan Assistance po kasi may mga brokers na accredited sa banks that can assist you po and they will be getting a commission from bank for that assistance if makapasa po kayo sa requirements bank 😊
That way may mag-aassist po sainyo na maalam din sa real estate and possible they can check na din po yung property na gusto niyo 😊
Hope this helps po
Maam, may tanong po ako. Nag p-process kami ng housing loan po tapos sabi ng developer samin about SPA, upon approval na po daw ang SPA. Pwede kaya yan maam? Ma aaprove kaya kami kahit wala pa SPA? OFW kasi husband ko. Di na prepare SPA sa bank kasi sa Pagibig sana kami kaso d pala kami maka loan ng whole amount. 60-70% lng.
@@sarim656 Hello po, regarding sa question mo about SPA -yes this completely normal. Some banks kasi have their own SPA at hindi sila nag aaccept ng ibang format.
Tama lang yung advise ni developer kasi baka mamaya mag process na si husband ng SPA for ganitong bank (for ex. BPI) tapos sa ibang bank pala siya naapprove (BDO). Uulit po kayo sa process kasi may sariling format ng SPA si BDO.
@@sarim656 As for your second question naman, yes pwede tayo maapprove without the SPA. Hindi lang pwede mag proceed sa loan takeout or loan release without it
Hope this helps 😊
@@PHIRST.Romina naka in-house kasi kami now maam tapos ang laki ng binabayaran namin. So ibig po sabihin nito maam patuloy parin kami mag babayad ng inhouse hanggat maka comply kami ng SPA at kahit approve na sa bank? Ano kaya ibanv option maam para magka SPA? Ofw kasi si husband tapos September pa ung uwi nya.