Live & Drive: Home & Car Loan Fest - Home

Promo Period and Offer 

1. The Live & Drive Promo (“Promo”) is exclusive to clients who submit a Metrobank Home Loan application during Live & Drive: Home and Car Loan Fest from September 12 to 13, 2026 (“Promo Period”). 
2. To qualify for the promo, the Home Loan application must be approved and subsequently booked on or before March 12, 2027 (“Home Loan Booking Period”). 
   A Home Loan shall be considered “booked” upon: (1) submission of complete documents acceptable to Metrobank listed in, and payment of fees also stated in, Annex A of the Notice of Approval; (2) annotation of a Real Estate Mortgage on the title/s covering the property/ies offered as collateral; and (3) receipt of complete documents acceptable to the Bank required from the Developer/Seller/Financing Institution and the Borrower. 
3. Qualified clients are entitled to fee waiver of up to PHP 60,000 from Metrobank.  
4. Client must avail of a unit from our developer partners in the Live & Drive: Home and Car Loan Fest to enjoy the waived fees from Metrobank. 
5. Qualified clients are also eligible for the following offers:
   • 1.5% discount from DMCI on select residential units reserved during the fest and an additional PHP 10,000 S&R Gift Card for each of the first three (3) clients to reserve a DMCI Homes property with a selling price of at least PHP 10,000,000 during the fest;
   • 1% discount from Megaworld on select properties offered by the Megaworld RFO Premier Department Properties reserved during the fest;
   • 5% discount from Solviva Energy on solar photovoltaic package for clients who sign up during the fest, sign the contract until September 30, 2026, and pay via the approved Metrobank Home Loan or via straight Metrobank Credit Card payment or installment for up to 36 months;
   • Up to 1.5% discount from Torre Lorenzo on select units/properties reserved during the fest;
   • Free appliance gift certificate worth PHP 40,000 from WeeComm for select units/properties reserved during the fest;
   • Up to 60% discount from Federal Land on select units and properties reserved during the fest; or
   • Up to 2% discount from Robinsons Land on select properties reserved during the fest.
6. Eligibility criteria are as follows:
   • Applicable to all Home Loan purposes;
   • Loan term should be at least five (5) years;
   • Loan amount should be at least PHP 1,000,000.00; and
   • Mode of payment is strictly via Automatic Debit Arrangement (ADA). The client should have an existing, or must open a savings or current account at any Metrobank branch.
     Subject to Metrobank’s Deposit Terms and Conditions

Waived Fees

1. Waived fees up to PHP 60,000 are limited only to: (1) Mortgage Registration Fees; (2) Documentary Stamp Tax (DST); and (3) Notarial Fee. The maximum fee waiver will depend on the amount of the loan and the actual cost of the aforementioned inclusions, which waived fees shall not exceed, as follows:
   
   

   Loan Amount	Maximum Fee Waiver Amount*
   PHP 1,000,000.00 to PHP 1,999,999.99	PHP 10,000.00
   PHP 2,000,000.00 to PHP 2,999,999.99	PHP 20,000.00
   PHP 3,000,000.00 to PHP 3,999,999.99	PHP 30,000.00
   PHP 4,000,000.00 to PHP 4,999,999.99	PHP 40,000.00
   PHP 5,000,000.00 to PHP 5,999,999.99	PHP 50,000.00
   PHP 6,000,000.00and up	PHP 60,000.00

   The waiver of bank fees shall be applied in the following order of priority:
   1st – Mortgage Registration Fees
   2nd – Documentary Stamp Tax
   3rd – Notarial Fee
2. Fees beyond the cap and/or those not included above (such as, but not limited to appraisal fee, title investigation fee, handling fee, and insurance premiums) are not covered by the waived fees offer and shall be shouldered by the client.

Promo Lock-in Conditions 

1. The loan availed under this promo is subject to a lock-in period corresponding to the agreed initial rate fixing period. 
2. During the lock-in period, the client: 
   a. Shall not request for amendment of the originally approved interest rate, rate fixing period, loan term, and other terms and conditions; 
   
   b. Shall pay the loan amortizations on time and maintain the account in current status throughout the entire loan term; and 
   
   c. Shall not sell, mortgage, or dispose of the property mortgaged while the loan is outstanding. 
3. In case any of the above conditions are violated, within the lock-in period, Metrobank will charge back to the client the total fees previously waived by the Bank, which are limited only to: (1) Mortgage Registration Fee; (2) Documentary Stamp Tax (DST); and (3) Notarial Fee.  

General Promo Conditions 

1. The promo is valid for clients who submit a Home Loan application within the duration of the Live & Drive: Home and Car Loan Fest.  
2. All home loan applications qualified for the promo shall undergo the standard evaluation process of Metrobank, subject to submission and completion of the required application documents. 
3. For Construction Loans, the first tranche must be released on or before the end of the Home Loan Booking Period to avail of the Waived Fees. 
4. The client shall authorize Metrobank to hold the release of original collateral documents, Deed of Cancellation/Release of Real Estate Mortgage, and other documents relative to the mortgaged property until maturity/full settlement of the loan and/or until any unpaid obligation is settled. 
5. In case of loan prepayment (whether full or partial) during the lock-in period, the following shall be charged to the client: 
   a. Processing fee for full payment of loan prior to maturity; plus 
   
   b. Full amount of the Mortgage Registration Fee, Documentary Stamp Tax (DST), and Notarial Fee previously waived by Metrobank. 
6. The offer is non-transferrable and cannot be converted to cash or be availed in conjunction with other Metrobank Home Loan promotions and/or offers. Metrobank must be advised in writing if client opts to avail of other ongoing promotional activities or other special considerations. 
7. For items not mentioned in this Promo Mechanics, standard Metrobank Home Loan terms and conditions shall apply. For availment of developer partner’s unit and any of its other offers, the terms and conditions prescribed by the developer partner applies. 
8. Any amendment in the terms and conditions of this promo will be subject to the approval of the Department of Trade and Industry (DTI). 
9. Any dispute concerning the products or services, including pricing, related to the offer of the developer partner shall be settled directly between the client and the developer partner with the concurrence of the DTI. Metrobank bears no responsibility or liability for any such disputes. 
10. In case of dispute in respect of Metrobank only and the client’s availment of the Metrobank Home Loan and offers, Metrobank’s decision shall be deemed final, in concurrence with DTI. These terms and conditions are subject to any relevant laws, government directives, and/or regulations. The promo shall be void if later on found to be prohibited or restricted by law or government regulations. 
11. By joining this promo, the client confirms that he/she has completely read, understood, and agreed to the Promo Mechanics and its terms and conditions. 
12. Metrobank is regulated by the Bangko Sentral ng Pilipinas https://www.bsp.gov.ph. 

Customer Support

For any questions or clarifications on the promo or concerns with regard to Metrobank Home Loan, clients may contact the Metrobank Contact Center at (02) 88-700-700 or domestic toll-free 1-800-1888-5775, or send an email to customercare@metrobank.com.ph.