Dear clients, Please bear in mind the following.

If the property is categorised as a 'Dormitel' (Dormitory cum apartelles). As development time, that all units will be 'leased out', all accounts for this have to be processed by our SME Loan* unit as this is to be an SME Loan.

For residential-categorised properties, they're under BDO Home Loan unit.

In short, it depends on the purpose of the property acquisition.

For primary home, loan shall be endorsed to and processed by BDO Home Loan.

For business use (lease and/or investment), it shall be endorsed as an SME Loan.

*Interest rates apply & may be different from Home Loan interest rate. Check it out here: https://www.bdo.com.ph/personal/loans/sme-loan/interest-rate

BDO offers financing assistance for the following loan purpose:

• Purchase of House and Lot / Townhouse Unit

• Purchase of Condominium Unit

• Purchase of Vacant Lot

• Construction of House

• House Renovation / Home Improvement

• Reimbursement of Acquisition Cost

• Refinancing / Loan Take-out

Reference: https://www.bdo.com.ph/personal/loans/home-loan/overview