• Minimum age: 21 years old
• Minimum income: PHP 40,000 or USD 1,000
• Employment status: 
  • Permanent status with current employer for 2 years
  • For land-based OFWs, employed by the current employer for 2 years
  • For sea-based OFWs, must have completed a combined contract duration of 24 months with the current agency
  • For self-employed, profitable operations for at least 3 years
• Credit history: Good standing, with no adverse findings
• Collateral: Residential property

• Interest fixing period: 1 year to 5 years
• Interest rates:*
  • 1 year - 6.25%
  • 2 years - 7.25%
  • 3 years - 7.75%
  • 4 years - 8.00% 
  • 5 years - 8.25%
• Maximum loanable amount: 80% of total cost
• Fees: 
  • Appraisal fee of PHP 4000 (Metro Manila) or PHP 4500 (countryside)
  • Title investigation fee of PHP 1000
  • Registration fee: Actual Quotation + Php2,000.00
  • Notarial fee of PHP 400 (or actual quotation from service provider, whichever is higher) per document
  • Handling fee of PHP 5000
  • Mortgage Redemption Insurance (to be quoted)
  • Property Insurance (to be quoted)

*1% shall be added to Home Equity. Rates may change from time to time. Kindly visit your nearest Metrobank branch or call our contact center at (02) 88-700-700 for the most updated rates.

How much of the lot’s value can I loan? 
Your Home Loan can cover up to 80% of the property's value. 

How long is the interest fixing period? 
The fixing period for land loans is 1 to 5 years. 

What happens after the fixing period? 
At the end of your fixing period, your Home Loan will be repriced. This means that the interest rate of your loan will change.

How can I pay for my monthly amortization?
You can pay for the monthly amortization via Auto Debit Arrangement (ADA) from your Metrobank deposit account.

What valid IDs can I present? 
You may present any of these IDs: 
For locally employed or in business:

• Philippine Identification Card (PhilID)
• Passport
• Driver’s License
• Professional Regulation Commission ID
• Postal Identity Card
• Voter’s ID
• GSIS e-Card
• Social Security System card or Unified Multi-Purpose ID
• Senior Citizen Card
• Government Office and Government Owned and Controlled Corporations ID (e.g. BSP, SEC, Insurance Commission)
• Persons with Disabilities (PWD) ID issued by the National Council on Disability Affairs
• Integrated Bar of the Philippines ID
• Company ID (if signature bearing) issued by Covered Person registered with or supervised/regulated by BSP, SEC or Insurance Commission

For OFWs:

• Passport