Actually, over 24. 35 billion worth of remittances have been sent to the Philippines last year. That is why it is not that surprising that local lenders have been more than willing to accommodate OFWs who are looking to borrow cash, wherever the borrower is, even if they are living with their family abroad, or if their family is residing in the Philippines.
So, YESMetrobank also offers an online loan application, which is the more convenient way for OFWs to apply for a loan, most especially if theyre living abroad with their family and cannot go to the Philippines yet.
How much can I borrow. Minimum loan amout of 500,000. 00 Maximum Open, provided within 30 credit ratio or 60-80 loan to collateral ratio depending on the loan purpose, whichever is lower For accredited developersprojects or end-buyers tie-up: up to 80 of selling price How long do I have to repay my loan?Loan amortizations run at a minimum of 5 years and maximum of 25 years, depending on the loan purpose as detailed below: Purchase of lot [10 yrs. ] Personal Investment [10 yrs.
Personal loans differ from other types of loans, such as home mortgages or automobile loans. Specifically, personal loans allow you to spend your money in a number of different ways, whether it's to help pay off medical expenses, make home improvements, repairs to your vehicle or consolidate your debts. A personal loan is paid back to the lender over a set period of time.
Fill out the form and see just how much money you can borrow from the comfort of your own home. It's as easy as that. WHAT IS A PERSONAL LOAN FOR.
People get personal loans to help with home repairs, unexpected expenses, holiday shopping, and more. Such a loan from one of our lenders can help you get the cash you need. Just fill out our Online Form.
Follow the short process and if you are approved, receive your cash loan.
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