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09/15/17 – maximum loanable amount for OFW loan

Katanungan:

What is the maximum loanable amount for OFW loan?

Kasagutan:

To get the maximum loanable amount for OFWs, we will compute the total amount based on the applicant’s salary. Usually, OFW Loan candidates can borrow somewhere between 100 and 200 percent of their basic salary and guaranteed allowances of up of P250,000, whichever comes first.