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 […]
Real Estate
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 […]
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 […]
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 […]
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 […]
Should I Accept the Pre-Approved Line of Credit
Recycling is one of the habits I am able to develop because I moved to Canada. I love to fill up the blue bin with flyers I hardly read and newspaper I quickly scan to look for vegetarian recipe. A few weeks ago, I almost thought of throwing a letter from TD Canada Trust. It’s […]