Real Estate Mortgage Loan

More than a roof over your head, AFPMBAI will help you realize your dream home where your family can reside in peace and love within a safe, harmonious community. Apart from being a sound investment, you can leave this property as a legacy for your family.


  Real Estate Mortgage Loan Purpose

  • Purchase of Lot
  • Purchase of House & Lot, Townhouse or Condominium Unit
  • Purchase of Lot with House Construction
  • House Construction/Home Renovation
  • Refinancing of Existing Mortgage Loan
  • Payment of other Personal-related expenditures
  • Easy and affordable payment up to 20 years
  • Loan amount is based on the following, whichever is lowest:

    • 70% of collateral’s appraised value
    • Actual requirement
    • Paying capacity



  INTEREST RATE
  Up to P200,0005.5%
  More than P200,000 up to P500,0008.0%
  More than P500,000 up to P1M9.0%
  More than P1M up to P3M10.0%
  More than P3M up to P5M11.0%


  PAYMENT TERMS
  25 – 46 years oldTo be paid in 20 years
  47 – 50 years oldTo be paid in 15 years
  51 – 55 years oldTo be paid in 10 years
  56 – 59 years oldTo be paid in 5 years


 REQUIREMENTS
  1. Latest Payslip
  2. Photocopy of Land Title
  3. Location Plan with signature of Geodetic Engineer
  4. Tax Declarations of the House and Lot
  5. Tax Clearance (current)
  6. Contract to Sell, Deed of Sale and/or Statement of Account from Seller, Financial Institution or Bank
  7. Bill of Materials or Cost Estimate (For House Construction/Home Improvement or Renovation)
  8. Building Plans (For House Construction/Home Improvement or Renovation)