MCB Home Loan is a loan in which borrowers can conveniently finance Landed Houses, Land, Apartments or Condominiums in installments for their residential need and construction of new house/renovation of existing house.
Landed House
Apartment
Condominium
Own your dream property with 30% down-payment.
Have opportunity to make investment by financing the property.
Choose the most suitable loan amount for your income.
Can get a loan if you want to build on your own land or renovate your house.
Monthly instalment repayment, up to 15 years of loan term.
Finance the property by means of our safe and sound service.
Joint borrowing is available in financing the property you preferred.
Apply conveniently at MCB’s any service touch points or branches.
Apartment/Condominium | 30% |
Land & Building | 30% |
Construction of New House/ Renovation of Existing House | 40% |
Land | 50% |
Initially make inquiries about Home Loan information such as available options, necessary documentations as well as relevant eligibility criteria in details by visiting the nearest branches (service touch points) and fill in the proposed amount in the application. (Counseling)
* We welcome inquiries over the phone.
Collect and submit necessary documents and apply for the preferred property. The bank validates the information and documents provided by the applicant. (Document Collection – Verification)
Eligible borrower submits the application with all necessary documents to the bank after having the agreement with seller. (Loan Application)
When all disbursement conditions and documents are fulfilled, lending officer shall proceed the process in 2 weeks or 1 month to disburse the loan. (Loan Disbursement)
Home Loan agreements shall be signed, and borrower provides initial down-payment and charges to the bank. (Loan Agreement)
Downloadable Forms
We’ll be more than happy to answer any concern you may have.
We’ll be more than happy to answer any concern you may have.