Bank Loan in Metro Manila, Philippines




Available where property collaterals are in Metro Manila and Suburbs only.

We are duly accredited to assist you with your Bank Financing requirements with our local banks and we will be happy to make the application for you so you will be able to buy homes listed in this website or for your other purposes.


For Filipinos living here as well as Overseas Filipino Workers (OFW)s, we assist you with bank financing free of charge as part of our real estate services.  Also for foreigners who may have a Filipino representative or co-borrower.  This will make it easier for you to acquire the ready for occupancy properties you select in our website.  Applicable also to other selected pre-selling properties.

WE ONLY ACCEPT REAL ESTATE PROPERTIES (lots, house and lot) IN METRO MANILA and neighboring cities only.


Take advantage of our low interest rates and buy your dream home now.


With our Direct Home Loan, owning your dream home is not just a dream anymore. We offer you very low interest rates to help you realize your dreams.


You can loan as low as P400,000 up to 70% of the appraised value of the real estate property offered as collateral.


We stretch your loan term up to 20 years, making your monthly amortization easy on the pocket. For lot purchases, maximum term is 10 years.


5 days guaranteed credit processing upon submission of complete requirements!


Purpose of Loan must be:

  • For construction of a residential unit
  • To purchase a vacant lot, a house and lot, a townhouse or condominium unit
  • House expansion or remodeling
  • Major house repairs, refurnishing
  • To refinance existing loans



Qualified Applicant
Any individual of legal age but not more than 70 years old upon maturity of loan.



Loanable Amount
Up to 70% of the appraised value of the real estate property offered as collateral (60% for vacant lots). You can borrow as low as PHP400,000.



Repayment Term
Up to 20 years to pay depending on the type of loan applied for and the age of the borrower.



Interest Rate
Really low interest rates. Our loan officer will give you the exact rates upon submission of your application form.



Manner of Payment
Equal monthly installments.



Housing Loan Rates
As Of:

Repricing Period Rate

Fixed for 1 year 8.75%
Fixed for 2 years 9.25%
Fixed for 3 years 9.50%
Fixed for 5 years 9.75%
Fixed for 6-15 years 10.99%
Fixed for 16-25 years 11.50%
Important: The above interest rates are applicable only for purchase of lot,
house and lot, townhouse or residential condominium unit; construction of house on lot already owned.

Initial housing loan rates apply to new housing loans only. Rates subject to
change without prior notice.





Housing Loan Application Loan Application Form (duly accomplished)

  • If married, both spouses to sign on the application form
  • If with co-borrower or co-mortgagor, separate application form is needed

Income Document (depending on the type of occupation or source income, the following are to be submitted.

  1. If Locally Employed (working within the Philippines)
    • Certificate of Employment (COE) indicating salary, position and length of service
    • Latest Income Tax Return (ITR)
  2. If Expat Pinoy (Overseas Filipino Worker)
    • Crew Contract and Exit Pass from POEA (seaman)
    • Contract / Certificate of Employment (COE) authenticated by Philippine Consulate (direct-hired)
    • Income Tax Return (ITR)
  3. If Self-employed
    • Business Name (DTI) or SEC Registration
    • Articles of Incorporation and By-Laws with SEC Registration Certificate
    • Financial Statements (3 years)
    • Income Tax Return (3 years)
    • List of Trade References (at least 3 names with telephone nos. of major suppliers/customers)
    • Bank Statement (6 months)
  4. If Practicing Doctor
    • Clinic address/es and schedule
  5. If from Commission
    • Vouchers or Bank Statement (for the last 6 months reflecting commission income)
  6. If from Rental of Properties
    • Rental/Lease Contract (indicating name of tenants and rental amounts with complete addresses of properties being rented)
    • Photocopy of Title (TCT's)


Collateral Documents

  • Two (2) sets of clear photocopy of TCT/CCT (all pages including blank pages with the book and page/volume number indicated on the front page)
  • Lot Plan with Location/Vicinity Map certified by licensed Geodetic Engineer
  • Photocopy of Tax declaration / Tax receipts / Tax clearance
  • For construction/renovation purposes:
    • Building Plans (complete set)
    • Bill of Materials / Specifications / Cost estimates
    • Scope of Work (for renovation of P500,000 & below)
    • Building Permit

Refinancing of Loan

  • Official Receipts or Cleared Checks or Bank Statements where amortization payments are debited (last 6 months)
  • Statement of Account from the other bank showing outstanding loan balance

Bank Appraisal Fee

PhP 3,500.00 ( Non-refundable and must be submitted with all the pre-processing requirements)


Post-Approval Requirements

Additional requirements upon loan approval:


    • Original Owner's copy of Transfer Certificate Of Title
    • Certified True Copy of the latest Realty Tax Declaration on land and improvements under the name of the borrower / mortgagor
    • Original Copy of latest Real Estate Tax Clearance
    • Photocopy of latest Real Estate Tax Receipts
    • Photocopy of latest Community Tax Certificate (signed photocopy; include CTC of signatories if corporate borrower)
    • Health Declaration (form supplied) for MRI enrollment with Ayala Life, if applicable
    • Medical examination with Ayala Life, if applicable
    • Fire / Lightning / Earthquake Insurance coverage through BPI MS, if applicable
    • Opening of Deposit account with any BPI or BPI Family Savings Bank branch
    • For corporate borrowers, Board Resolution / Secretary's Certificate (form supplied), if applicable
    • Four (4) copies duly notarized Special Power of Attorney (form supplied), if applicable
  2. FEES
    • Mortgage Registration Fee
    • Mortgage Redemption Insurance
    • Fire / Lightning / Earthquake Insurance Premium



What are the basic things I need to know about Direct Housing Loan?

The following are the basic information you should know about Direct Housing Loan:

  1. Eligible borrowers are Filipino citizens. Foreign nationals are allowed for condominium purchases only. However, a purchase of house and lot or vacant lot will be considered if a foreign national is married to a Filipino citizen and an Affidavit of Support and Waiver of Rights over the collateral property are executed by the foreigner.
  2. Borrower's age should be at least 21 but not more than 65 years old upon maturity of the loan.
  3. Principal borrowers must have an income source as a regular employee or from a business with a minimum profitable operation of 2 years.
  4. The amount of loan you can borrow depends on your income (capacity to pay) and the appraised value of the collateral.
    • The minimum gross monthly income requirement is P40,000.00 (combined for married applicants).
    • The maximum loanable amount vs. appraised value of collateral is 80% for house and lot but not to exceed P5.0M (provided applicant is employed and purpose is for owner-occupancy). However, loan amounts may still vary based on verified income and appraised value of the collateral.
  5. The loan term is the number of years you can amortize your loan and it depends on the type of loan you are applying for:
    • Maximum of 20 years for acquisition, construction, home improvement or renovation.
    • Maximum of 10 years for refinancing, business expansion and personal consumption.
    • Maximum of 15 years for Expat Pinoy (OFW).

The interest rate that will be applied to your loan will be the prevailing Savings Bank rate at the time of loan release.


How do we go about applying for a Direct Housing Loan?

This primer includes a list of requirements and an application form. Please find below simple instructions:


Fill-out the application form below completely and accurately. Collate all necessary documents based on the list of requirements.

  1. Submit complete requirements with the application form by contacting us through our details in this website. Bank credit evaluation process only starts on the day complete requirements are received by the Account Officer (incomplete requirements will delay the application process).

Within 5 banking days after you have submitted complete requirements, you will be advised by the Account Officer (AO) on the status of your application. By then, you will find out if your application is approved.


What happens to my documents if my loan is not approved?

Your Account Officer will return all the documents that you have submitted in the event that your loan is not approved.


What fees do I have to pay?


An appraisal fee is required to be paid upon submission of complete requirements. This also covers the cost of credit investigation and title verification. It is non-refundable. Upon approval of loan the following fees will be charged:

  • Mortgage Registration fee (for the annotation of the loan, to be paid prior to loan release).
  • Mortgage Redemption Insurance (MRI) premium.

Fire / Lightning / Earthquake Insurance premium (for collateral with improvements only).


If I am applying for a construction loan, how will it be released to me?


For construction loan and major renovation, the release of the proceeds is on a staggered basis. The loan release will be in accordance with the required percentage of completion. A schedule of release will be made available to you. Construction must be finished within one (1) year, otherwise, the Bank has the option to call your loan due and demandable.


How do I go about having my existing housing loan refinanced by Direct Savings Bank?


Upon loan application, you must provide us with a Statement of Account indicating your outstanding balance from the other bank, and latest six (6) months official receipts of payment of loan amortization. If your amortization is debited from your account, we require the six (6) months bank statements or photocopy of your passbook. Upon loan approval, we will issue a bank guaranty to inform the other bank of your approved loan.


My husband is an Expat Pinoy (OFW), can we apply for a housing loan?


Yes. For Expat Pinoys, we can offer a loan term of up to fifteen (15) years to pay. In addition to the basic requirements that are listed in this primer, you are requested to submit:

  • Your spouse's certificate of employment / employment contract duly authenticated by the Philippine Consulate Office (for direct hires only).

Crew contract and exit pass from POEA (for seaman).


I am a Filipino working abroad, can I apply for a housing loan?


Yes, provided that you can submit your certificate of employment as well as employment contract duly authenticated by the Philippine Consulate Office. Also, you need a co-maker and attorney-in-fact who is residing in the Philippines. Your attorney-in-fact can be your wife or a relative who also has the capacity to pay. He / she needs to submit a Special Power of Attorney duly executed by you and his / her Income Tax Return (Please refer to list of additional requirements).


I am formerly a Filipino citizen and now a citizen of another country, can I apply for a housing loan?


Yes, but only for purchase of condominium units. However, under the Balikbayan law, you may purchase land of not more than 1,000 sq. m. provided that you intend to stay here for at least two (2) years and you have a source of income in the Philippines. You will be asked to execute a sworn statement showing your intention to reside in the Philippines. Upon application, you will need to indicate the following information:

The date you lost your Filipino citizenship.


I am separated, can I apply for a housing loan?


If you are legally separated and can submit copies of the court decision regarding your separation, we can process your loan having you as the sole borrower without requiring your estranged spouse to sign. However, if you are not legally separated, your estranged husband / wife must sign on all documents.


Can I still apply for a loan if a different party owns the collateral?


Yes, you can still apply provided that the owner of the property is willing to be your co-borrower / co-mortgagor. He / she must fill out a separate application form and must meet the age requirement. Upon loan approval, he / she will be required to sign on all documents. However, this will be treated on a case-to-case basis.


Once I am granted a loan, how do I pay for the monthly amortization?


There are several convenient ways to pay:

  1. Auto Debit Arrangement
    Just enroll your housing loan account with any bank branch or Express Banking Center. On your due date, every month, the bank will automatically deduct from your savings or current account the amount of your monthly amortization and mortgage redemption insurance (MRI).
  2. Express Phone
    Simply dial the number to call that will be provided to you by the bank and listen to the easy-to-understand instructions you'll be hearing over the phone. Just enroll your housing loan account number with bank Check Free Payment facility at any bank branch or Express Banking Center.
  3. Express Online
    Simply log-on to  bank website and access your transaction through the user-friendly instructions that you will see. Just enroll your housing loan account number and you will be instructed on how to settle your housing loan bill.

Express Teller ATM
Pay your amortization through the ATM 24 hours a day, 7 days a week. Simply enroll your housing loan account number with our Check Free Payment Facility at any  banking center. Once enrolled, you may visit any of our Express Teller ATMs and you will be prompted by the machine with step-by-step instructions on how to transfer funds from your account to settle your housing loan bill.



ALL FIELDS are required to be filled up. Please indicate location of your real estate collateral on the space provided. 

First Name
Middle Name
Last Name
Birthdate (Month, Date, Year)
Civil Status
Mother's Maiden Name
No. of Dependents
Ages, separated by commas
Complete Home Address
Zip Code
Years of Stay
Home Ownership
Previous Address
Billing Address
Provincial Address
No. of Vehicles Owned
No. of Vehicles Mortgaged
E-mail Address
Telephone Number
Cellphone Number
Pager Number
Employer/Name of Business
Nature of Business
Office Address
Zip Code
Telephone Number
Fax Number
Years in Business
Other Income Source
Spouse's Last Name
Spouse's First Name
Spouse's Middle Name
Spouse's Birthdate (Month,Date,Year)
Spouse's T.I.N.
Spouse's Nationality
Reason for Borrowing
Co-Borrower Employer/Name of Business
Co-Borrower Position
Co-Borrower Nature of Business
Co-Borrower Office Address
Co-Borrower Zip Code
Co-Borrower Tel. Nos.
Co-Borrower Fax Number
Co-Borrower Years in Business
Co-Borrower Other Income Source
Your Monthly Salary
Monthly Business Income
Monthly Allowances
Monthly Commissions
Monthly Rental Income
Type of Loan Application
Type of Collateral
Title in the name of
Property Address

Note: Appraisal Fee is PHP 3,500.00 only to be paid to the bank issuing loan. This will cover appraisal and credit investigation expenses. Appraisal Fee subject to change, please verify with us current rates.




By filling out above form, I(We) affirm that the statements made in this application form are true and correct and agree to notify the Bank of any material changes affecting the information contained herein.


Online applications will be submitted to the Bank for pre- approval.  Once pre-approved, a printed Bank Loan Application Form will be sent to your given address, wherein you will be required to provide other information pertinent to securing Bank loan.