Home Loans Philippines

Get a housing loan.

Home Loans in the Philippines

Ready to buy a home or condo?

Should you ask a banker, a property broker or a mortgage broker to advise you about getting a home loan?

Find out why Ryan Ong says Mortgage  Brokers Get You The Cheapest Loans.
It appears that is probably a good way to save money.

How to find a good, licensed mortgage broker and read the good advice at this link. Do not trust every broker, read what to watch out for.

It is essential to have a Filipino attorney advise you and review all of your real estate and loan documents before entering into a loan or a property purchase agreement.

Ask questions of your property agent, banker and/or the property developer regarding a loan. But it appears it will be best to rely on the assistance of a mortgage broker to arrange the lowest rate home loan.

If you cannot find a mortgage broker, then it will be up to you or your attorney to check mortgage rates at several banks. Find the lowest rates. Read about money and banks in the Philippines.

Whatever you do, don't buy a home or condo near a

pig farm or chicken farm.
You will probably get sick enough that you will need to know about hospitals and doctors in the Philippines. This is why it is a good idea to purchase property in a better location far away from pigs and chickens.

Oh, don't forget to check and see if any neighbors of a property raise hogs in their yards.

Foreigners are not permitted to purchase land or houses in the Philippines.

But, if you are married to a Filipino, your spouse may purchase land, houses and condos.

Foreigners are permitted to purchase condominiums in the Philippines.

Read more about buying property in the Philippines.

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Disclaimer: I am not a mortgage broker or lender.

This article will be expanded upon. Please check back to read more about home loans, bankers, property agents and mortgage brokers in the Philippines. Last updated July 18, 2022.

Buying Real Estate Philippines

Buying real estate in the Philippines.
Selling real estate.

Buying and Selling Real Estate in the Philippines

There are great opportunities to purchase condominiums, townhouses and houses in new developments all over the Philippines. Compared to properties in the USA prices are usually considerably lower. Sometimes much, much lower. 

Some of the largest and finest developers are Ayala Land, DMCI and Federal Land. There are also many other reputable real estate development companies.

Six Senses by Federal Land.

A good developer's agent, a licensed real estate broker or an attorney can assist you with the ins and outs of buying or selling Philippine properties.

Are you considering buying real estate in the Philippines? Click on the last link below to check out numerous cites in the Philippine Islands.

I hear that real estate is appreciating well in the Philippines. I think that applies mostly to residential and condo properties in quality developments.

A foreigner can purchase a condo in his own name but cannot buy a house or land in his own name. A foreigner may lease a property.

If a foreigner marries a Filipino then he may purchase property in his and his spouse's name.

It is best to consult with a Filipino attorney about how to arrange your purchase and in whose name to buy it. There are methods that are not widely publicized.

Be sure to hire an attorney to review your purchase plans and to review all documents before finalizing a purchase. Ask the attorney to verify the history of the title the seller holds to the property. Real estate can be tricky, so protect yourself by seeking advice of professionals.

Most houses and apartments in the Philippines have steel bars at the windows and have steel gated car parks.

Want to rent an apartment or a house in a large city or a rural area in the Philippines?

Meet Filipinas

Read about selling properties in the Philippines.

If you are a Filipino or a foreigner who has a property to sell and would like to see if featured in this blog, leave a comment below.

 

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If you have found this article helpful, have suggestions, advice or insights please "comment" below.

This article will be expanded upon. Please check back to read more about real estate in the Philippines. Last updated March 31, 2024.