Los Angeles

Own a Philippine Home Loan

Own a Philippine Home Loan or OPHL is a financing program unique to PNB. It allows Filipinos and non-Filipinos residing and working in the United States an easy way to obtain a bank financing of residential properties in the Philippines.

OPHL is the most convenient and secured home loan with:



  • Purchase of residential lot, House & Lot, Condominium, Townhouse or Rowhouse
  • House Construction or Home Improvement
  • Reimbursement of acquisition or construction Cost
  • Refinancing / Loan take out of existing Philippine home loan
Eligible Borrowers
  • Filipinos residing and working in the U.S.
  • Natural-born Filipinos residing and working in the U.S who have lost their Filipino citizenship (limited to the purchase of up to a maximum lot area of 1,000 sqm only).
  • Foreigners, but limited to the acquisition of condominium units only
Loanable Amount
Property to be financed Loan value
Lot and Brand new house Up to 80% of the selling price or appraised value (AV)
Lot only Up to 60% of the selling price or appraised value (AV)
Lot and existing (pre-owned/second-hand) improvement or lot with proposed improvement/construction Up to 80% of the AV of the property
Reimbursement of acquisition/construction cost Up to 80% of the selling price or AV
Loan take-out Up to 80% of the AV of the property

Note: Foreigners are entitled to a maximum loan grant up to 70%.


The loan shall be secured by any of the following:

  • Real estate mortgage (REM) on the property being financed
  • Standby Letter of Credit (SLC) if the host country‚Äôs rules and regulations do not allow a REM on the property to be financed. The SLC shall: (i) expire one month after maturity of the loan, (ii) be issued by PNB Head Office, (iii) be secured by the real estate mortgage on the property to be financed, and, (iv) be as prescribed by the PNB Legal Group
  • Hold-out on deposit maintained with the Bank. The hold-out shall fully cover the outstanding principal and interest for a year and shall be backed by an unregistered REM which will be registered immediately in case of default or a clean exposure.
Interest Rate

Please contact PNB Los Angeles for the latest information. Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Manner of Release

The proceeds of the loan will be released in Philippine Peso for purchase / acquisition transactions or in US Dollars for House Construction in the following manner:

  • Lump sum release for purchase of property, refinancing or reimbursement
  • Staggered loan releases shall have an aggregate amount of up to eighty percent (80%), except on the first release wherein the basis shall be seventy percent (70%) of the AV of the lot. Loan releases shall be up to a maximum of five (5) drawdowns which shall be made at the following stages of completion:
Loan Release Stage of Project Completion
First/Initial Release Start of the construction/improvement (below 30% completion)
Second Release Thirty percent (30%) completion
Third Release Sixty percent (60%) completion
Fourth Release Ninety percent (90%) completion
Fifth/Final Release One hundred percent (100%) completion

Repayment Scheme
  • Maximum of 25 years for purchase of house and lot, townhouse condominium unit, rowhouse or apartment unit and house construction.
  • Maximum of 10 years for purchase of lot or home improvement.
  • Repayment of your loan shall be in US dollars or the local currency where the overseas branch is located. This shall be paid directly to the overseas branch either through submission of post-dated checks or a debit arrangement.
  • Payment commence one month after the final loan release.
  • For staggered releases, interest accruing on the initial release shall be deducted from the proceeds of second release. Additional interest due on the first release and interest accruing on the second release shall be deducted from the third release and so on. Consolidation of staggered PNs (Principal + interest) payment shall commence one month after final release.
  • Fire insurance coverage should be equivalent to the latest appraised value of the insurable property or on the contract price as indicated on the Contract to Sell.

OPHL Requirements:

Application/Identity Documents

  • OPHL Application Form
  • Copy of IDs
  • Acceptable US FICO Score (at least 650) and credit history (no bankruptcies, past dues, etc.)
  • Non-refundable PROCESSING fee of $200.00
  • APPRAISAL fee of $200.00

Income Documents

  • Photocopy of Income Tax Returns (ITR) with all attachments including W-2 forms for the last 2 years
  • If EMPLOYED: Copies of pay-stubs for the last 2 consecutive months
  • If SELF-EMPLOYED: Audited Financial Statements of the business for the last 3 years
  • Bank statements for the last 2 consecutive months (checking and savings) - same months as pay stubs

Collateral Documents

  • Copy of title (TCT/CTC)
  • Copy of Tax Declaration on land and/or improvement
  • Copy of current Real Estate Tax Receipt (RETR) and Tax Clearance
  • Approved survey/lot plan (signed by Geodetic Engineer)/location plan with vicinity map
  • Acquisition from accredited Developers

  • Contract to Sell; or Reservation Agreement with Computation Sheet / statement of account

House Construction or Renovation:

  • Bill of Materials and Estimates of Construction and Labor Cost signed by Civil Engineer or Architect
  • Floor and Building Plan and Building Specifications signed by Civil Engineer or Architect
Exchange Rates

Rates may change without prior notice.
Buying a home? Check out PNB LA's OPHL Program.


To our Valued Clients,

In the interest of public health and safety, PNB Los Angeles Branch will temporarily suspend operations during Saturdays effective March 21, 2020 until further notice.

We are still OPEN Monday to Friday from 9am-3pm to serve your banking needs.

Thank you for your continued patronage.


Dear Valued Client,

Please be advised of the increase of service charge for the crediting of monthly pensions for all PNB DIRECT DEPOSIT PESO Accounts as follows:

$7.00 $8.00

Note: Service charge for PNB Direct Deposit US Dollar Account remains the same at $10.00.

New charges take effect January 2, 2020.

Thank you.


To our Valued Clients,

Enjoy real-time posting of your contributions to your SSS records. Simply present a valid PRN (payment reference number) when making contribution payments.

Please visit www.pnb.com.ph/obps-sss for more information on the SSS payment process.

Thank you.


In line with the continuing thrust of PHILIPPINE NATIONAL BANK to serve its customers better, effective April 29, 2019, PNB LOS ANGELES BRANCH have moved to 3435 Wilshire Blvd., Ste 104 Los Angeles, CA 90010.

Thank you.


As part of our efforts to serve you better,PNB continues to enhance our systems. We shall inform customers of any scheduled system enhancement activity.

For concerns or inquiries, you maycontact your PNB overseas branch.

Thank you for banking with PNB.

3435 Wilshire Blvd. Ste 104
Los Angeles Ca 90010