Buying our new home was a little off our budget . I wasn’t too confident in getting another housing loan as we had an existing housing loan for 6 years now. I have no idea how the banking sector works or how credit scores are attained. All I know is we have an excellent credit history as we never missed payments. Maybe , I thought, we might get a second housing loan. Who knows?
With low interest rates of 9 to 10 % per annum, a number of banks offer very competitive real estate loan packages.
I started shopping for real estate loan packages three months ago.
1. BPI Family Savings Bank Build Your Dream Housing Loan View their website
Our first housing loan came from BPI Family Savings Bank . They are the leader in the housing loan. Back in 2000, we bought our second home and at that time our interest rates was the market rate. In the succeeding years, BPI Family bank placed a higher interest rate on our loan while giving premium rates to their preferred customers. They also had very high insurance premiums added to our loan. So unfair.
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