Nook | We're Making Loans Simple

Login
New Nook Logo - We're Making Loans Simple
  • Your Loans

    Choose the best loan type you can have for your needs.

    Know which type of housing loan you need to manage your finances.

    Need to buy something? Continue studying? Or going somewhere else?

    Other Links

    Get Pre-Qualified

    Find out if you qualify for a loan in just 3 minutes.

    Mortgage Brokering

    We help you with your loan transaction at no cost to you.

    Book Consultation Call

    Get expert advices from our loan consultants for free.

    Loan Calculators

    Check your financial capacity now.

  • Partners

    Join the many who made the best decision in providing their clients with the best home loan journey available in the country.

    Banking Partners

    Some of the biggest banks in the Philippines with the goal of making home loans simple.

    Strategic and Partner Developers

    In coordination with top developers, realty and service providers for B2B connections.

    Retail Partners

    Get discounts and exclusive deals during your home loan journey from these retails shops.

    Affiliate Program

    Refer your friends and family to become an affiliate and receive commission plus discounts for every successful referrals.

    Nook Home Loans - Affiliate Army
  • Latest News

  • About

    Know more about the Philippines' first mortgage broker, how we do it and why only we can do it.

    Nook App

    Transact more faster with your Nook loan consultant on our app.

    Our Process

    Processing your loan application can be done with our four simple steps.

    About Us

    Why we are the first and the only mortgage broker in the country.

    Careers

    Join the Mortgage Brokering Industry Pioneer, Nook.

    Contact Us

    Chat to us now from our website and talk to a Live Agent.

    Help Center

    Tutorials and How-to guides when using Nook's technology.

BDO Home Loan

BDO Home Loan

Share to

BDO offers financing for various housing needs: purchase or construct a new home, renovate an existing house, refinance a home loan or buy another property.

With BDO Home Loan, you get to enjoy the following benefits:

Affordable Cash Out
👉 All-In Financing
Spread out payment of your mortgage fees and loan-related charges up to the term of your BDO Home Loan,

👉 Built-In Insurance
Insurance Premiums for 1-year coverage can be paid in 12 equal monthly installments, without interest and billed together with your monthly amortization. Your insurance coverage will automatically renew annually for the entire term of your loan.

Light Payment Options
👉 60-day Grace Period
First payment to start sixty (60) days after the release of your loan, subject to applicable interest.

👉 Interest Only for the first 6 months
Principal and interest payments to start right after.

Specializing in:
Home Loans
Commercial Loans
Personal Loans
Credit Cards


BDO Corporate Center
7899 Makati Avenue Makati City 0726, Philippines

BDO Home Loan

BDO Home Loan

BDO offers financing for various housing needs: purchase or construct a new home, renovate an existing house or get another property.

With BDO Home Loan, you get to enjoy the following benefits:

Affordable Cash Out
👉 All-In Financing
Spread out payment of your mortgage fees and loan-related charges up to the term of your Home Loan

👉 Built-In Insurance
Insurance Premiums for 1-year coverage can be paid in 12 equal monthly installments, without interest and billed together with your monthly amortization. Your insurance coverage will automatically renew annually for the entire term of your loan.

Light Payment Options
👉 60-day Grace Period
First payment to start sixty (60) days after the release of your loan, subject to applicable interest.

👉 Interest Only for the first 6 months
Principal and interest payments to start right after.

Specializing in:
Home Loans
Commercial Loans
Personal Loans
Credit Cards

BDO Corporate Center
7899 Makati Avenue Makati City 0726, Philippines

BEGINNER’S GUIDE

BDO Home Loans

The Philippines has several major banks that offer home loans to potential clients. Hence, it can be overwhelming for first-time borrowers to go through the many options available.

This article is the first in our series for first-time borrowers that aims to give an overview of the home loan processes for each of Nook’s partner banks!

For this feature, we’ll be explaining the ins and outs of BDO home loan and what you can expect from them.

What is the BDO Home Loan?

Through BDO’s home loan, borrowers are able to buy a house and lot, a condo, or a townhouse.

On top of that, the possibilities do not stop there! BDO’s home loan also allows clients to buy a vacant lot and even construct or renovate a home.

BANK PARTNERS_600pi-v2
Customer Reviews2

What Makes the BDO Home Loan Unique?

All-in Financing

With BDO, borrowers don’t have to pay huge sums of money upfront. Instead, payment for your fees will be spread out depending on your loan term.

Built-in Insurance

BDO allows you to divide your payment for yearly insurance premiums into 12 monthly installments at 0% interest. This will then be billed in conjunction with your monthly amortization.

Light Payment Options

Stress-free payments are at the core of BDO home loans. Borrowers are given a 60-day grace period! You will only start paying 60 days after your loan has been released.

Speedy Approval Times

After completely submitting all required paperwork, borrowers will receive loan approval within 5 working days for Metro Manila and 10 working days for provinces.

What Are the BDO Home Loan Terms?

Keep in mind that BDO requires a minimum loan amount of P500,000. But, you don’t have to feel too stressed over repaying this! Borrowers are given a maximum of 20 years to pay off their loans. Additionally, you can borrow up to 80% of a property’s appraised value.

How Much is the BDO Interest Rate?

Because BDO is an official Nook partner, we have access to exclusive interest rates specifically for Nook’s clients. This means that borrowers will not only save their time by availing of Nook’s free services but also their money! Schedule a free consultation with our home loan experts to learn more.

Am I Eligible for the BDO Home Loan?

Any borrower who meets the criteria below can apply for a BDO home loan
At least 21 years old but not exceeding 70 years old at the end of the loan term.
Filipino Citizens or Foreign Nationals
Minimum gross income of P50,000/month or its equivalent in US Dollars
With a stable source of income from employment or business

Take note that your employment situation is also important in determining your eligibility. BDO has 3 employment classifications, each with its own unique criteria that must be met before applying for a BDO home loan.

Locally Employed
At least 2 years with your current company
Self-employed
At least 2 consecutive profitable years of operation
Employed Abroad
2 to 3 years of consecutive employment
Assignment of a loan administrator if not living in the Philippines at the time of application
Mia Icon Transparent

Check If You Qualify For A BDO Home Loan

It Only Takes 3-mins To Check

What Are the Requirements of the BDO Home Loan?

Documents that borrowers have to submit are divided into 3, namely, basic, income, and collateral documents.

Basic documents are general requirements for all clients

These are the following
Application form
Valid IDs
Marriage Contract (if married)

Income documents serve as your proof of income

Locally Employed
Latest Income Tax Return (ITR) or BIR Form 2316
Latest 3 months payslip
Certificate of Employment with Income (COEI)
Self Employed
Photocopy of audited financial statements for the last 2 years with the latest ITR
Bank statements or photocopy of passbook for the last 6 months
Certificate of Business Registration from DTI or SEC, Articles of Partnership or Articles of Incorporation (whichever is applicable)
Business background or company profile
Employed Abroad
Proof of remittance for the last 3 months
Latest Crew Contract (sea based)
Consularized Certificate of Employment with Income (COEI) or latest 3 months payslips

Collateral documents are also known as security documents

These are the following
Photocopy of title
Lot plan with vicinity map
Photocopy of tax declaration

How Do I Apply for a BDO Home Loan?

You can apply directly to BDO and go through the complicated as well as time-consuming process yourself or contact a mortgage broker like Nook for help!

At Nook, our team of home loan experts 🤓 will handle the entire home loan application process for you (100% free of charge).

This means you can skip the bank's long lines and speak with Nook virtually or over the phone. Plus, our services are entirely free of charge!

By availing a home loan, you can buy your dream home without having to spend years saving up for it and paying in full. This means you can own the home you’ve always dreamed of at a much earlier stage in your life!

Check whether you qualify for a BDO home loan in just 3 minutes using Nook’s state-of-the-art software.

AWESOME EXPERIENCE

Incredible Service.
Simple Application.
100% Free 😃

Getting A Loan From A Major Philippine Bank Has Never Been This Easy. We’ll Take You Through These Four Simple Steps.

PROCESS GRAPHIC v6d
BEGINNER’S GUIDE

BDO Home Loans

The Philippines has several major banks that offer home loans to potential clients. Hence, it can be overwhelming for first-time borrowers to go through the many options available.

This article is the first in our series for first-time borrowers that aims to give an overview of the home loan processes for each of Nook’s partner banks! For this feature, we’ll be explaining the ins and outs of BDO home loan and what you can expect from them.

What is the BDO Home Loan?

Through BDO’s home loan, borrowers are able to buy a house and lot, a condo, or a townhouse. On top of that, the possibilities do not stop there! BDO’s home loan also allows clients to buy a vacant lot and even construct or renovate a home.

What Makes the BDO Home Loan Unique?

#1 All-in Financing

With BDO, borrowers don’t have to pay huge sums of money upfront. Instead, payment for your fees will be spread out depending on your loan term.

#2 Built-in Insurance

BDO allows you to divide your payment for yearly insurance premiums into 12 monthly installments at 0% interest. This will then be billed in conjunction with your monthly amortization.

#3 Light Payment Options

Stress-free payments are at the core of BDO home loans. Borrowers are given a 60-day grace period! You only need to make your initial payment 60 days after your loan has been released.

#4 Speedy Approval Times

After completely submitting all required paperwork, borrowers will receive loan approval within 5 working days for Metro Manila and 10 working days for provinces.

Customer Reviews2

What Are the BDO Home Loan Terms?

Keep in mind that BDO requires a minimum loan amount of P500,000. But, you don’t have to feel too stressed over repaying this! Borrowers are given a maximum of 20 years to pay off their loans. Additionally, you can borrow up to 80% of a property’s appraised value.

Am I Eligible for the BDO Home Loan?

Any borrower who meets the criteria below can apply for a BDO home loan.
● At least 21 years old but not exceeding 70 years old at the end of the loan term
● Filipino Citizens or Foreign Nationals
● Minimum gross income of P50,000/month or its equivalent in US Dollars
● With a stable source of income from employment or business

Take note that your employment situation is also important in determining your eligibility. BDO has 3 employment classifications, each with its own unique criteria that must be met before applying for a BDO home loan.

Locally Employed:
● At least 2 years with your current company

Self-employed:
● At least 2 consecutive profitable years of operation

Employed Abroad
● 2 to 3 years of consecutive employment
● Assignment of a loan administrator if not living in the Philippines at the time of application

Mia Icon Transparent

Check If You Qualify For A BDO Home Loan

It Only Takes 3-mins To Check

What Are the Requirements of the BDO Home Loan?

Documents that borrowers have to submit are divided into 3, namely, basic, income, and collateral documents.

Basic documents are general requirements for all clients:
● Application form
● Valid IDs
● Marriage Contract (if married)

Income documents serve as your proof of income:
Locally Employed:
● Latest Income Tax Return (ITR) or BIR Form 2316
● Latest 3 months payslip
● Certificate of Employment with Income (COEI)

Self-Employed
● Photocopy of audited financial statements for the last 2 years with the latest ITR
● Bank statements or photocopy of passbook for the last 6 months
● Certificate of Business Registration from DTI or SEC, Articles of Partnership or Articles of Incorporation (whichever is applicable)
● Business background or company profile

Employed Abroad
● Proof of remittance for the last 3 months
● Latest Crew Contract (sea based)
● Consularized Certificate of Employment with Income (COEI) or latest 3 months payslips

Collateral documents are also known as security documents:
● Photocopy of title
● Lot plan with vicinity map
● Photocopy of tax declaration

How Much is the BDO Interest Rate?

Because BDO is an official Nook partner, we have access to exclusive interest rates specifically for Nook’s clients.

This means that borrowers will not only save their time by availing of Nook’s free services but also their money!

Schedule a free BDO home loan assessment call with our home loan experts to learn more.

How Do I Apply for a BDO Home Loan?

You can apply directly to BDO and go through the complicated as well as time-consuming process yourself or contact a mortgage broker like Nook for help!

At Nook, our team of home loan experts will handle the entire home loan application process for you.

This means you can skip the bank's long lines and speak with Nook virtually or over the phone. Plus, our services are entirely free of charge!.

(Our partner BDO will pay us to help you).

By availing a home loan, you can buy your dream home without having to spend years saving up for it and paying in full.

This means you can own the home you’ve always dreamed of at a much earlier stage in your life!

Check whether you qualify for a BDO home loan in just 3 minutes using Nook’s state-of-the-art software.

Nook - Contact Us

Get Started Now

Book a 30-minute session and we can discuss your BDO home loan needs. Nook help is 100% free for borrowers.

AWESOME EXPERIENCE

Incredible Service.
Simple Application.
100% Free 😃

Getting A Loan From A Major Philippine Bank Has Never Been This Easy.

PROCESS GRAPHIC v4 Mobile2

Get Started Now

Book a 30-minute session and we can discuss your BDO home loan needs. Nook help is 100% free for borrowers.

CONTACT US_Mobile-250pi
arrow up

Our customers say

Excellent

5 out of 5 based on 100+ reviews

544px-Google_2015_logo_colorless_mourning_period.svg