Can an OFW get loan in Philippines?

Yes. Whether you’re currently in the country for vacation or you’re working overseas, OFWs can apply for a loan.

How much is the maximum loan for OFW?

The maximum loanable amount is 80% of the appraised value of the property or contract price. The interest rate will be the prevailing rate at the time of the loan approval.

Can OFW loan in Pag-ibig?

Requirements for OFWs When it comes to the HDMF program, or the Pag-IBIG housing loan which OFWs can avail of, an OFW may borrow up to a maximum of PhP 6 Million. Of course, your loan will be contingent upon your salary and your willingness to pay, which can be pegged at normally 40% of your disposable income.

Can I borrow money from OWWA?

Currently, OWWA does NOT offer any personal loans. It offers only business loans (e.g. OFW -Enterprise Development and HEROES Loan Program), which focus on developing enterprises.

Can OFW loan in Pag ibig?

What is Balikbayad PH?

As part of First Digital Finance Corporation, Balikbayad is a financing company based in Manila, Philippines.

How much is Pag-IBIG contribution for OFW?

2%
An Overseas Filipino Worker (OFW) whose employer is not subject to mandatory coverage shall contribute an amount equivalent to 2% of his/her monthly income.

What are Asialink’s loan products for OFWs?

Apart from the usual loan products, Asialink also has products that cater specifically to OFWs, whether land-based or sea-based. The company offers OFW Loan and Seaman’s Loan, depending on the category you belong. Applying for any of these products are also easy and convenient.

Who is Asialink Finance Corporation?

Who Is Asialink Finance Corporation? Asialink Finance Corporation was established on June 1997 by enterprising executives belonging to various industries.

What is Asialink known for?

Since then, Asialink is known for providing variety of short-term loan products depending on your financial needs. products include: At present, the company is among the leading and fastest growing finance companies in the Philippines and is continually expanding.

Where can I get an online loan in the Philippines?

As a lending company for OFWs, we can give it to you at Asialink Finance Corporation. When it comes to online loans in the Philippines, we at Asialink Finance Corporation are dedicated to providing high-quality services for your needs and more. Loans at Asialink Finance Corporation are accessible, fast, and convenient.