• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • About Us
  • Privacy Policy [GDPR]
  • Disclaimer
  • Sitemap
  • Contact Us

Proudbrown

Search and Learn | Your Daily Source of Info

  • Home
  • House Design
  • Interior Design
  • Public Info

Public Info

How to Obtain Home Loan Approval

June 26, 2017 By proudbrown

Home Loan Approval – Applying for a home loan is one of the options if you’re planning to buy a house, but don’t have enough fund. Purchasing a property like a new house is stressful and it may aggravate thinking how to maximize the chances of getting your loan approved.

Here are some home loan approval tips that can help you:

  1. Assess your financial capacity

Before approaching and start transaction with your prospect lender, you should assess first your financial capacity. Obviously, the lender will ask about your monthly income, assets, liabilities and the down payment that you can afford. Likewise, the lender will also evaluate your credit history and debt service ratio.

  1. Clean up your credit history

Prior of submitting your home loan application, see to it that all your previous loans and bills are settled. The lender will have second thought to approve your loan if you are a delinquent borrower. Your history of being a non-paying borrower will serve as a red flag to the lender.

  1. Create stability

Lenders require borrowers to be financially stable. Keeping your finances stable is vital as you go through the home buying process. It is important to prove to your lender that you have the financial capability to repay your mortgage without compromising other financial obligations.

  1. Check what you can afford

As you plan to apply for home loan, you should analyze your finances by using loan calculator. This will help you know how much you can afford to pay for your dream house. This will save you from financial and emotional stress throughout the home loan process.

  1. Be ready for down payment

If you want your home loan application to get approval, you should be ready to have some cash for down payments. You should prepare at least 20% of the total cost of the loan. There are other cash expenses that you need to consider including title recoveries, appraisals and others involve in the processing of the loan.

  1. Secure all the requirements

The lender will require financial documents before accepting your application. Aside from the government-issued ID’s, you’ll also need to provide proof of income such as pay slips, ITR and employment certification. You need also to secure other collateral documents and additional proofs of your earnings.

After filing your application, make sure to be prompt in communicating with the lender. The lender may request for additional information and responding quickly can make the process fast.

Filed Under: Guides and How To's, Public Info Tagged With: home equity loan, home loan, mortage interest rates

Guide in Securing and Applying PSA / NSO Certificates Online

June 25, 2017 By proudbrown

NSO Certificates – Securing documents from a government agency like NSO or PSA would test your patience particularly waiting in long line. Authentic certificates issued by the government are usually required in school and even when applying for a job.

Guide-in-Securing-and-Applying-NSO-PSA-Certificates-Online

Many people were sharing their sentiments and expressing their frustrations about the time wasted while waiting for the number to be called. The most disappointing part is when you’re almost near to the counter, but was informed just to come back the next day.

Aside from being time consuming, securing these documents would also cost you money. The good thing is that the agency is exploring for ways to conveniently process the requested documents without waiting in long line, hence through online application.

Fortunately, many call center agencies and websites were launched to help people for online application. Through the online application, you can avoid the hassle of standing for long time. But, make sure to choose the official websites of NSO or PSA to avoid identity theft.

Requesting or applying for any NSO certificate online is very easy as long as you follow the guide.

Step #1.

The first step is to visit and log in to the official website of NSO that is www.nsohelpline.com. On the web page, look for the Order Now option and click it. You can choose the document that you’ll request.

Step #2.

The next step requires you to select your purpose why you’re requesting for such document. Is it for school, for employment or for passport.

Step #3

You will be given a Certification Application Form that you need to fill out completely before you proceed to the next step.

Step #4

Provide the name of the person requesting for the certificate, then click submit. Make sure to provide the address and contact information where the document will be delivered.

Step #5

Review the Checkout summary to ensure all the entries are correct, then click Continue.

Step #6

After completing all the required information, the next thing to do is to confirm your Pay Order. Select the payment method via Bayad Center, Metrobank, online payment for Mastercard and VISA holders.

Step #7

After confirming the payment, you can check the order status. Keep the Reference Number as you’ll need it if you want to follow up your request.

Applying your NSO certificates online would take about 2-3 business days and it will be delivered right on your doorsteps. Make sure to leave a Letter of Authorization in case you’re not around at home during daytime. It should have your signature and valid ID of the representative.

Filed Under: Guides and How To's, NSO / PSA, Public Info Tagged With: government services, national statistics office, philippine statistics authority

Effective Ways of Saving Electricity to Lower the Monthly Cost

June 25, 2017 By proudbrown

The cost of electricity is soaring high, but with the prevailing hot weather condition, it can be very challenging to save energy and its costs.

Effective-Ways-to-Save-Energy

The good thing is that there are simple energy saving tips that you can implement at home and workplace.

  1. Breathe easier

One way to save energy is to ensure that the air conditioning unit is always clean. It should be replaced as needed to save energy costs as well as extend the life of your cooling and heating equipment. This is also the best way to promote clean air in your home.

  1. Schedule washing clothes

If you want to save energy and water costs, you should schedule washing your clothes. As much as possible, you should run in full loads.

  1. Replace old fridge

Using an old refrigerator can yield high energy cost. To cut your utility bills, you should replace your old fridge to the one that is ENERGY STAR certified.

  1. Use LED lighting

LED lighting won’t only cut your electricity bill, but it is also cheaper. Likewise, it also helps to prevent greenhouse gases emissions.

  1. Smart turn-off

Turning off lights that are not in use can help to save energy costs. Make it a habit for the whole family to turn off appliances after using them.

  1. Prevent vampire loads

Vampire loads occur when appliances are consuming power even when they’re switched off. That’s why to avoid incurring vampire loads, make sure to unplug appliances when not in use or after using them.

  1. Seal the air leaks

Air leaks contribute to your electricity bills. The best thing to do is to seal possible leaks or replace cracked or missing caulking or damaged weather-stripping doors. You can also seal electrical and plumbing penetrations using spray foam. Close fireplace dampers as necessary.

Read Also : Water Saving Tricks you can do at Home

Following those simple tips can be a great help to save energy costs. It doesn’t necessarily mean to deprive yourself from the convenience of using home appliances or keeping your home cool. The important thing to note is to maintain the appliances properly so that it will function well without wasting energy.

Filed Under: Guides and How To's, Public Info Tagged With: saving electricity

Complete Guide on Buying Properties in the Philippines as an OFW

June 25, 2017 By proudbrown

Filipinos are known for being family-oriented, hardworking, determined and patient. We are always looking after the welfare of our families, and that is the reason why many Filipinos have decided to work abroad just so they can earn enough to sustain the needs of their families.

Complete-Guide-on-Buying-Properties-in-the-Philippines-as-an-OFW

One of the greatest dreams every Filipino want to achieve is to be able to have a house they can call their own. And in order to fulfill this dream, it requires not just money but also time and effort to ensure that the property you are purchasing is worth it.

It could be a tedious process, and if you are an OFW who is looking to purchase a property in the country, here’s a helpful guide for you.

1. You need to have someone you can trust to stand as your representative. This person will be the one who will sign the important documents in your behalf, and he or she will be called the attorney-in-fact. You will then have to sign the Special Power of Attorney that will give the authorization to your attorney-in-fact.

2. After the authorization to your attorney-in-fact, he or she will proceed to the reservation of the property. This is where the signing usually takes place. After the signing, the list of the required documents shall be given so that you can prepare them.

3. You will have to submit the documents depending on the requirements of the developer, but more often than not, what you will be required to submit are the photocopy your passport and your IDs, proof of income, TIN, proof of billing in the Philippines, employment contract, SPA, post dated checks, and certificate of employment.

4. Application of loan by the attorney-in-fact. This step is only necessary if you wish to purchase the property on an installment basis. If you are purchasing by cash, your attorney-in-fact will just have to monitor the construction of the property. As soon as it is done, the property can finally be turned over to you as the owner, and you can go ahead and scrutinize the unit to see if everything has gone well according to plan.

Filed Under: Guides and How To's, Public Info Tagged With: buying properties, properties

Tips for Easier Loan Approval

June 25, 2017 By proudbrown

Getting your personal loan approved is definitely not one of the easiest process. Today, banks, money lenders and other financial institutions have become stricter when it comes to the loan approval process.

While applying for loan is a bit of a burden, there are times when it is really necessary, especially during emergency needs. And the only thing you want is to get your loan application approved ASAP. If you want to know how to successfully go through the rigorous process of loan approval, read on below.

1. Check your credit history. One of the most important things that financial institutions will be looking at when reviewing your loan application is your credit history. You want to make sure that you do not have existing unpaid loans, or bounced checks, delinquency in your credit card and other things that could stain your loan application.

Read also: How to Apply SSS Housing Loan for OFW

2. Open a savings account and maintain it. A savings account will also help you get faster approval for loan because this is a way to show that you are a responsible individual when it comes to managing your finances. Of course, your savings account must also show that you are regularly putting money into your bank. This will give them the impression that you are capable of paying your loan in the future.

3. Be honest. When applying for loan, it is very important that all the information you provide are true. The honesty of the applicant is one of the most important things that money lenders are looking at. You need to be careful about this because any single instance of dishonesty will not only result in the rejection of your application but it could also affect even your chances of obtaining a loan in the future. All information you provide must be accurate.

Read also: How to apply PAG-IBIG Multi-Purpose Salary Loan

4. Apply for a realistic amount. To get your loan approved, only apply for the amount that you need and you can afford to pay. Your bank statements and documents will be examined and it will be the basis of your ability to pay for the amount you are applying for. You cannot expect to be approved for a huge amount if your income cannot afford it.

Filed Under: Guides and How To's, Public Info Tagged With: loan approval, personal loan

  • « Go to Previous Page
  • Go to page 1
  • Interim pages omitted …
  • Go to page 6
  • Go to page 7
  • Go to page 8
  • Go to page 9
  • Go to page 10
  • Go to Next Page »

Primary Sidebar

Recent Posts

  • Modern bungalow in a 120 sqm area with a minimalist interior perfect for a medium to big-sized family
  • Affordable, budget-friendly single-story house ideal for a medium-sized family
  • Box-type contemporary designed house with three bedrooms and spacious interior

Simply Amazing Yet Colorful House Design

Not So Ordinary Single Storey with 2 Bedrooms Pink Modern House.

The House that Appears Small but Has an Amazing Interior Design

Modern bungalow in a 120 sqm area with a minimalist interior perfect for a medium to big-sized family

Modern And Colorful Three-Bedroom House For Your Family

Two-Bedroom House Design Perfect For Your Modern Taste.

Copyright © 2023