Promo Period

The RCBC Home Equity Plus (“Promo”) is open to existing RCBC home loan borrowers who will apply for and avail of an RCBC Home Loan from March 1, 2025 to September 30, 2025. (“Promo Period”).

 

Availment Period

Loan applications should be submitted within the Promo Period, should be approved and availed not later than December 31, 2025 (“Availment Period”).

 

Eligibility

Pre-qualification

  • Select existing home loan borrowers.  The requested loan amount is equal to the paid up portion not to exceed 80% loan to collateral ratio (LCR) based on the latest appraisal report.
  • Loan purpose must be for the purchase of condominium, house & lot, townhouse (excluded: lot only, construction loan and existing Myhomebudgeter)
  • The promo has a minimum loan amount of Php500,000
  • The property title should be in the custody of the bank and already annotated.

 

Non Pre-qualified

  • Existing home loan borrowers with remaining excess loanable amount based on  80% of loan to collateral ratio (LCR) per latest appraisal report.
  • Loan purpose must be for the purchase of condominium, house & lot, townhouse (excluded: lot only, construction loan and existing Myhomebudgeter)
  • Months on books must be at least 12 mos.
  • The promo has a minimum loan amount of Php500,000
  • The property title should be in the custody of the bank and already annotated.

 

Product 

Loan Amount

Loan Term

Rates

Security

Home Loan Equity Plus

• Minimum Loan Amount: Php500,000

• Maximum Loan Amount: Up to paid up portion or up to 80% of the aggregate loan to collateral ratio (LCR) per latest appraisal report (for non-prequalified).

•Minimum – 1 year 

•Maximum – 10 years OR co-terminus with existing loan, given that the age of borrowers is within policy. 

6.88% fixed for 1 year

7.0% fixed for 3 years

7.5% fixed for 5 years

 

Retention of REM on existing security (Title Custody/Annotation- should be with the bank and already annotated 

 

General Provisions:

  1. All loan applications qualified under the Promo shall be processed under the pre-qualified & standard evaluation and approval process of RCBC, subject to relevant terms and conditions as well as RCBC’s policies and procedures.
  2. This Promo is non-transferrable, non-convertible to cash and cannot be assigned to any third person or entity.  
  3. This Promo is not valid in conjunction with other promotions carried out by RCBC.
  4. Qualified customers authorize RCBC to disclose and publish their names, photos and other particulars as determined by RCBC to any person/s and in any mode or manner, as RCBC may deem appropriate in relation to this Promo that is not in any way in violation of customer data privacy and bank secrecy law.

Terms and conditions apply.

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