Make the most out of your home’s value – loan up to P10,000,000!
Limited-time offer: 7.75% p.a. fixed for 5 years!
Our Home Equity Loan lets you use your home’s current value as security for the cash you need, be it for tuition, purchase of equipment or furniture, travel, debt consolidation, or any use you see fit.
You can also use it to refinance or take out an existing housing loan from other banks if the home equity portion is more than 50% of the outstanding balance upon application.
*Please note that business purposes are not allowed for Home Equity Loans
Enjoy terms that will make you feel at home with low interest rates starting at 8.00% fixed for 1 year.
| 1 Year | 3 Years | 5 Years* | |
|---|---|---|---|
| Home Equity Loan Rate | 8.00% | 8.25% | 7.75% |
*Special rate of 7.75% p.a. is only available until December 15, 2019
Take a look at what we can offer:
| Loanable amount |
|
| Payment Terms |
|
| Approval Time | 5 banking days |
| Minimum Loan Amount | P1,000,000 |
| Maximum Loan Amount | P10,000,000 |
Shop houses and non residential properties (commercial, office condominiums) are not acceptable collateral for home equity loans.
“I was able to apply for my housing loan when I was in Dubai. I submitted it all online and didn’t have to print anything!”
Anthony D.“Applied for a housing loan with Security Bank to buy a new house for our growing family. Got approved for a good loan amount.”
Louise M.| 1 Year | 3 Years | 5 Years* | |
|---|---|---|---|
| Home Equity Loan Rate | 8.00% | 8.25% | 7.75% |
*Special rate of 7.75% p.a. is only available until December 15, 2019.
Fixing period is how long you want to lock in your interest rate.
| New House & Lot | 80% of appraised value |
| Townhouse | 80% of appraised value |
| Duplex | 80% of appraised value |
| Condominium | 80% of appraised value |
| Second Home/Investment Use | 70% of appraised value |
| Vacant Lot | 70% of appraised value |
