Month MY SALARY IS BELOW THE MINIMUM REQUIRED INCOME OF P50,000 PER. Have always been We STILL ENTITLED TO SUBMIT AN APPLICATION FOR A BDO MORTGAGE LOAN?
The wage considered is combined family income that is gross.
• If married – you along with your partner’s income should be examined for your house loan application
• If single – you might apply having a co-borrower who can have installment loans louisiana liability that is joint repaying the mortgage. You both will go through the standard application for the loan assessment procedure.
This may be considered in the evaluation if you receive commissions or incentives on top of your basic salary. And your certification of Employment with Income (COEI), you could submit documents that prove regular receipt of incentive or commission.
WHICH ARE THE FEES THAT I HAVE TO PREPARE WHENEVER OBTAINING FINANCING?
You’ll want to spend an assessment cost upon distribution of the loan papers: