How an OFW Can Apply for PSBank Home Loan

My first experience with housing loan application with Security Bank didn’t turn out well. I was not disappointed about the result; it was how they dealt with a client. Unpleasant experience wouldn’t stop or slow me down in buying my dream house. In fact, it could have been more of an advantage because my family… [Read More]

My Expenses in Buying a House in the Philippines

As I chronicled my journey of buying a house in the Philippines while I’m abroad, I wanted to add more details so it would be easier to track the progress/process. All dream-house related post Timeline The timeline shows what I’ve done since the start of 2017 without much details. Then I realized something is missing…. [Read More]

With Declined Housing Loan Application, What’s Next?

It was late at night or probably early morning when I received a text message that my application for Security Bank Housing loan was declined. The rejection is something I have prepared for because I have to. It’s my first time to apply for a housing loan while abroad. Add the fact that I don’t… [Read More]

OFW Pag-IBIG Members: Check Your Contribution Online

Every Pag-IBIG members probably know by now that one of the requirements for housing loan is to make 24-month contributions or a lump-sum, which I still don’t know how it works. So to qualify for the Pag-IBIG housing loan, every member should pay the contribution however they prefer: Lump-sum payment for the whole year (a… [Read More]

How an OFW Can Become a Member of Pag-IBIG Fund

Did you know that Pag-IBIG is an acronym which stands for Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno. I didn’t bother to know what it stands for, all the more how important it is to become a Member of Pag-IBIG Fund especially if you’re planning to buy a house while working overseas. Recognizing HDMFs… [Read More]

Special Power of Attorney for Housing Loan Application in the Philippines

When I decided to apply for housing loan in the Philippines, I realized how important it is to have a Philippine bank account. That’s not what I thought when I was offered to open an account while having PDOS. I declined and so I had to find out how an OFW can open a Philippine… [Read More]

Paying the Appraisal Fee of Security Bank Housing Loan

Last month I wrote about my experience on how an OFW can apply for Security Bank Housing Loan. Whether you plan to avail of the service of Security Bank or other banks, I’m sure you’ll pick up some tips that you can also apply in buying a house. I can tell you now that it… [Read More]