2 Answers

What should you consider when choosing housing loans?

If you’re planning to avail of a housing loan and scouting for banks to apply in, what are the questions you should ask the bank loan officer?

What are the important things you need to know to effectively compare housing loan products from different banks?

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abby on Jan 30, 2012

i think it depends on what property youre trying to acquire because most them would probably choose a certain bank for the loan.

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bluepeso on Feb 24, 2012

you may want to ask these things :

- if they have existing promo (for you to save time and money)
- if there is a minimum income required for the loan
- if there is a minimum loan amount
- appraisal fee (waive in some banks)
- additional fee upon loan approval (like, doc stamps, MRI, Fire Insurance, etc..) – which was standard on all banks even in pag-ibig

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