Land Bank offers housing loans to OFWs

August 16, 2008  
Written by News Team, in Philippine News

The Land Bank of the Philippines (LBP) has allocated P3 billion for a housing loan program solely for Overseas Filipinos Workers (OFWs), LBP president and chief executive officer (CEO) Gilda Pico, said in a briefing. She said this offer has a longer repayment term compared to other housing loans. She explained that the loan has a maximum repayment term of 20 years and can be under a fixed rate term for 10 years. She said this product is unique among banks because most banks in the country offer fixed-rate term only for a minimum of five years.

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7 Responses to “Land Bank offers housing loans to OFWs”

  1. concepcion pau;ino says:

    i want to loan a huose. i have a small budget

  2. ivy lynn basco says:

    what are the requirements for this housing loan? please,let me know because i am planning to apply.

  3. gilbert says:

    sir/madam
    maganda ang naisipan ng land bank para sa nga ofw katulad ko gusto kong mag housing loan..hindi ba mahirap mag apply sa mga katulad namin na medyo kaliitan ang sweldo d2…paano po ba mag apply a.s.a.p.

  4. Nestor says:

    Dear Sir/Madam,

    I am interested on the LBP OFW housing loans sana may mga designed packages tailored cut para sa OFW na may sahod ng 25,000 pesos pataas can you give more details about this. thanks mabuhay and more power.

  5. sana maka avail ako sa loan at matangap ko ang reply kung papaano maka avail

  6. Edelito Martinez says:

    Dear Sir/Madam

    I am interested on the LBP OFW housing loans. I am a seafarer. Could you please send me a details of requirements so I can visit one of your branches. By the way I leave in Cavite area. Thanks and regards.

  7. Con says:

    Dear Sirs:

    I am pleased to know this program intended to help ofw’ss to own a house in a way of monthly repayment. Please let me know the requirements as I am interested to apply if given the chance.

    Mabuhay ang LANDBANK!

    Best regard,
    Con

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