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Great Service. Competitive Rates. If your bank can’t give you either, then it’s time to move your housing loan to us. Get it Now!

What’s It All About?

If your bank isn’t able to deliver the level of service that you require, or give you the competitive rates that you need, then maybe it’s time to move to a bank that understands what you’re looking for.

With Loan Refinancing you can borrow up to 80% of the appraised value of your house and lot, townhouse or condominium (up to 60% for a vacant residential lot).

And with some of the most competitive rates in the market, a minimum loan amount of just Php500,000, and maximum term of up to 15 years for your house and lot or condominium (up to 10 years for vacant lot), our Loan Refinancing product can make your loan more affordable

Experience better service and rates today. Apply for a Home Loan Refinancing today.

Am I Eligible to Apply?

Your age plus the term of the loan should not be more than 65 years old once the loan matures.
You should be gainfully employed in a reputable company for at least 2 years; or
You own a business that has been registered and operational for at least 3 years and has been profitable in the last 2 years.
For overseas workers, you should have a contract of employment for 2 years.
If you are a seafarer, you should be at least in an officer level position and should be working for at least 2 continuous years.
An attorney-in-fact is required for overseas workers or seafarer applicants

To know more on the eligibility requirements, you may reach out to any of our Mortgage Loan Officers.

Requirements

Basic requirements (for both spouses):

Housing loan application from (completely filled out)
Government Issued IDs
Marriage Certificate (if married) and CENOMAR (if single)

Income/Employment:

If Employed:
1. 3 months payslip
2. Income Tax Return (latest year)
3. Certificate of Employment for both spouses
Self-employed / Entrepreneurs:
1. Business Registration/Permits
2. Latest 2 years Audited Financial Statements
3. Company profile/business background or List of Major Suppliers and Customers with contact details (at least 5)
4. Income Tax Return (latest 2 years)
5. Latest 6 months Bank Statements/Passbook
Overseas Workers:
1. Contract of Employment / Employment Certificate
2. History of Employment / Latest Crew Contact (if applicant is a Seafarer)
3. Special Power of Attorney (using Maybank’s format)
4. Latest 6 months bank statements/proof of remittance
5. Latest ITR (if applicable)

Collateral

House and Lot:

Copy of Tax Declaration (Lot and Improvement)
Copy of Transfer Certificate of Title (TCT)

Condominium:

Copy of Condominium Certificate of Title (CCT)
Copy of Master Deed of Declaration and Restriction Copy of Tax Declaration

Home Construction:

Building Plan
Bill of Materials/Construction Cost Estimates

Refinancing:

Updated Statement of Account from originating institution
History of payment from originating institution

***Please note that additional requirements may be asked based on the nature of the borrower’s profile / account / collateral type.

Bank’s Forms

Application Form
List of Requirements
Authority to Conduct C.I.
Life Insurance Form
SPA Forms

Interest Rates

1 year fixing : 6.50% p.a.
3 year fixing : 7.25% p.a.
5 year fixing : 8.00% p.a.

Subject to annual repricing thereafter.

Guidelines/Pointers

Registered first real estate mortgage(REM) over the financed property.
All properties are subject to appraisal. Appraisal fee is non-refundable.
Payment of Registration Fees, Processing Fees, Insurance Premiums and other incidental expenses are for the borrower's account.
Monthly amortization may be paid via Post Dated Checks (PDCs) or Auto Debit from client's MPI CASA account. Repayment will commence after 1 month from loan release.
Loan account is subject for Life/Mortgage Redemption Insurance(MRI) and Fire Insurance(FI) coverage.
Submission of application and requirements can be made to any Maybank branches near you.