BDO can help you with getting a car loan. Best OFW Loan Rates in the Philippines. There is no need for any collateral and the approval process takes only 1 to 3 days. OFWs can apply for a quick OFW Loan if you are still abroad, and if you’re here in the Philippines now. It's Jas. 1 talking about this. You can also take advantage of all-in financing to cover other housing loan expenses such as mortgage registration, insurance premiums, taxes, … The loan is available for terms between 6 and 36 months and you can borrow up to PHP500,000. • The following are the type of deposits allowed for this facility: Apply for Supplementary Credit Card Now! At least 2 years continuous employment abroad. This loan option is part of their aggressive initiative in empowering OFWs in managing their remittance to the Philippines and their savings. Photo by Ijeab via Freepik.com . [CDATA[/* >*/, Call BDO Customer Center at 631-8000 Text BDOLOANS to 2256. Note: In case the remitter is not in the country at the time of application, the beneficiary will act as the borrower. /*-->*/. Credits: Wikimedia Commons. It covers peso or dollar time deposit and peso or dollar savings account. 3. Hi!Is there anyone here who have taken a housing loan thru BDO? 2. Many OFWs dream of having their own vehicles which are one of the fruits of their labor. Interest rate for OFW loan 1,3% per month Interest rate for Housing loan for OFW 8% per annum. Bank of the Philippine Islands(BPI) offers personal loans for the Filipinos working abroad. BDO Kabayan Personal Loan Unsecured. Fast Processing; Quick OFW Loan Deposits; If you are land based OFW or a Sea Based OFW, or if you are just simply a Filipino citizien who is living and working abroad, this OFW Loan covers you. Another top option offered by a banking institution is the loan program offered by PSBank, with several options available for OFWs: including car loan, home/real estate loan, and business loan. Overseas Filipino workers (OFW) with a fixed income may want to consider taking up this multi-purpose, unsecured personal loan to finance almost anything, ranging from debt consolidation to medical emergencies. You may even be able to save enough money for different needs aside from the necessities. Also Read: 7 Benefits as a Member of SSS. Extend the benefits of your BDO Credit Card with your loved-ones and gain control of their spend. BDO Housing loan for OFW Minimum Loan Amount: 500 000 PHP Up to 20 years. Interest rate 16.5% … ... Print . Whether you are an OFW or not or absolutely considering to apply for a Security Bank housing loan, this post is for you. These are the documents that you have to submit to apply for a BDO Loan: BPI Home Loan: How to Apply for a Loan Step-by-Step (2021). The loan proceeds will be claimed by a nominated co-borrower (spouse, children, parent etc.) Extend the benefits of your BDO Credit Card with your loved-ones and gain control of their spend. /*-->*/, */,