Homebuying 101: Bank Financing

1. Reserve it

  • Choose your property
  • Pay reservation fee
  • Sign and submit sale documents

2. Get Oriented

  • Complete submission of buyer’s documents
  • Issue Post-Dated Checks
  • Pre-signed Agreements

3. Stay Updated

  • Submit updated documents 3 months before Full DP
  • We will start building your home

4. Get Approved

  • Submit Loan Application to bank
  • Pass Credit Investigation (CI)
  • Sign Letter of Guarantee & Loan Release from Bank

5. Apply for Move-In

  • Receive Invitation for Move-In application
  • Attend Move-In Orientation
  • Pay move-in fees

6. Move-In experience

  • Pick a day for house acceptance
  • Go to site
  • Accept your new home
  • Move-in

7. Customize your home

  • Apply for improvements
  • Submit construction bond
  • Get construction permit and have fun customizing

8. Get your title

  • Signing of final docs
  • Complete full payment
  • Go to bank to get your title


What's New
MyCitiHomes’ TABLET To Help Students In The New Normal September 30, 2020

For Filipino parents, giving their children access to quality education has always been a big priority. Many have even said it is the best inheritance kids can receive. Even in current times as we ...

MyCitiHomes and Transportify partner to make moving home easy September 16, 2020

For new homeowners, there are a lot of small details that they need to take into consideration as they begin life in their new space. One of the biggest hurdles from moving from their old life into ...

Strengthening Neighborhoods through Community Gardening August 13, 2020

Urban gardening has been a hot topic as of late, thanks to the challenges in food shopping brought about by the Coronavirus health crisis. Many are experiencing long queues at grocery stores, ...


Disclaimer: All computation results are for sample computation only and are not official (VAT excluded).

Property Finder
%d bloggers like this: